Management Accountant

Who are we?

Sanlam Developing Markets [SDM] (a wholly-owned subsidiary of Sanlam Life Limited) is one of the top financial services providers in the South African entry-level and emerging middle market. It aims to understand the unique requirements of clients and offers a wide range of simple and affordable financial solutions that cover needs such as funeral insurance, savings for education, life cover and personal accident plans. In terms of the Sanlam Group Governance Policy, SDM is managed by the SA Retail Mass cluster, which is part of the Sanlam Life and Savings cluster within the Sanlam Group. The cluster focuses on retail products, as well as group schemes.

What will you do?

• To perform calculations, prepare and oversee the preparation of financial management reports
• Assist with the month-end process (including review of month-end journals) and produce monthly management accounts, provide analysis to management
• Timeously and accurately prepares and reports on the company's financial performance against budget and forecast on a monthly basis.
• Monthly reporting using HFM and reconciling HFM reports to the management accounts on a monthly basis. This includes preparation of report packs
• Assist on ad hoc projects within Finance and Business to ensure the success of the business

Technical Expertise:

• APE calculation
• Assists New Business Team with advice and reporting
• Commission and overriding commission calculation
• Analyses numerical data, verbal data and all other sources of information
• Links and integrates different kinds of information across areas and over time to form ideas
• Breaks information into component parts, patterns and relationships
• Probes for further information or greater understanding of a problem
• Makes rational conclusions from the available information and analysis
• Demonstrates an understanding of how one issue may be a part of a much larger system (systems thinking)
• Produces workable solutions to a range of problems, which relates logically and rationally to the situation / issue / information obtained

Formulating Concepts and Strategy:

• Works strategically to realise organisational goals
• Sets and develops strategies
• Identifies and develops positive and compelling visions of the organisation's future potential
• Takes account of a wide range of issues across, and related to, the organization

Team Management:

• Provides others with clear direction, goals and objectives
• Sets appropriate standards of behaviour
• Delegates work appropriately and fairly
• Holds people accountable
• Involves team in decisions and actions
• Motivates and empowers others
• Recognises and rewards the contribution of others
• Tends to trust people to perform
• Shares relevant information
• Provides resources and opportunities for development (e.g. challenging and stretching objectives, tasks and assignments; courses; etc.)

What will make you successful in this role?

Qualification & experience

• Matric
• BCom Honours in Accounting
• Three years' experience in a reporting role in the insurance industry

Knowledge and skills

• Computer literacy - MS Office - Excel and Word
• Exposure to financial accounting systems e.g. SAP and HFM will be advantageous
• Accounting principles and policies
• Regulatory legislation
• Basic knowledge of insurance industry
• Well-developed verbal and written communication skills

Behavioural Competencies
Essential

• Analysing
• Relating and networking
• Coping with pressures and setbacks
• Teamwork
• Confidence and decisiveness
• Pro-activity
• Planning and organising
• Quality and detail orientation

Desirable

• Adapting and responding to change
• Interpersonal sensitivity
• Adhering to principles and values
• Persuading and influencing
• Achieving personal work goals and objectives

Build a successful career with us

We're all about building strong, lasting relationships with our employees. We know that you have hopes for your future - your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters - Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office - the group provides many opportunities for growth and development.

Core Competencies

• Being resilient - Contributing through others
• Collaborates - Contributing through others
• Customer focus - Contributing through others
• Cultivates innovation - Contributing through others
• Drives results - Contributing through others

Turnaround time

The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.

Our commitment to transformation

The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.