Key Tasks & Accountabilities
Effective management of all regulatory returns.
Effective management of annual financial statements reporting requirements.
- Manage project plans by reviewing deliverables and ensuring that milestones are met in terms of project plans
- Hold regular feedback meetings with project team to identify problem areas or missed milestones (take corrective action where necessary)
- Provide guidance, coaching and technical support to facilitate the development of financial team
- Review all statements and identify variances; ensure adjustments are made by team
- Prepare pack and gather feedback from Audit Committee meetings; make necessary amendments and submit to manager for review timeously
Effective management of statutory reporting and compliance
- Ensure that relevant financial statutory reporting is prepared in compliance with statutory and legislative requirements
- Review relevant financial statistics from external consultants and identify variances to take corrective action
- Submit reports to relevant person for sign-off
- Identify contraventions of compliance and implement controls to ensure all compliance requirements are continuously met
- Ensure best practices solutions for the company through researching markets and understanding changes in legislation
- Network effectively through membership of various associations
Effective management of internal control environment
- Investigate and implement effective internal controls to ensure compliance
- Assess audit reports to identify areas of improvement and provide recommendations for corrective action
- Identify internal loopholes and liaise with forensics and risk to ensure resolution.
Effective monthly and quarterly group reporting
- Review, consolidate and forward group reports and subsidiary companies to Bryte
- Draw up monthly timelines to ensure deliverables are met by relevant parties
- Ensure that reporting queries are resolved timeously
- Ensure compliance to the Bryte Way of Finance
Effective management of adhoc financial projects
- Manage resources for projects and define roles and responsibilities
- Develop project deliverables and milestones and ensure adherence thereto
- Provide on-going feedback to manager regarding projects
- Provide guidance to team to assist in continued development of staff.
Effective management of financial systems
- Ensure reports meet business requirements through liaison with managers
- Ensure checking interfaces from various processing systems, including underwriting platforms and reports
- Identify and recommend strategic initiatives to convert financial data into business insight
Effective people management and team leadership
- Lead by example in living the values of Bryte
- Ensure the department is fully equipped to handle the workload and distribute workflow
- Be an active part of corrective action to ensure those correcting fully understand errors and consequences
- Create an environment that fosters teamwork and co-operation amongst team members
- Create awareness of Bryte strategic objectives and their alignment to the department and company objectives
- Continually strive to up-skill and motivate staff through effective leadership, mentoring, coaching, performance improvement and the creation and implementation of individual development plans
- Communicate effectively, building and maintaining relationships
- Ensure consistent compliance to company policies and procedures, corporate governance and relevant legislation
- Attraction & Selection
- Ensure appropriate staffing and action accordingly
- Identify need for creation of position and forward recommendation to direct manager and HR business partners
- Ensure appointments are in line with targets / strategy
- Select and place candidates in terms of agreed recruitment and selection process
- Retention
- Develop and empower people, recognizing and rewarding value-added performance
- Training and Development
- Continually strive to up-skill and motivate staff through effective leadership, mentoring, coaching, performance improvement and the creation and implementation of individual development plans
- Monitor implementation of training needs as per individual development plans
- Career Pathing and Succession Planning
- Identify, manage, and develop talent
- Performance Management
- Set direct reports quantitative and qualitative performance objectives and ensure individual performance objectives are in place and reviewed to meet organizational and individual needs
- Ensure bi-annual performance reviews take place
- With direct reports, identify poor performance and take corrective action
Relationships
Internal & External
- Market Underwriting and Sales, Policy Administration, Brokers, Clients
- Internal and External auditors
Qualifications & Experience
- Chartered Accountant
- 5-10 years’ experience in short-term insurance industry in a similar role.
Knowledge
- Excellent knowledge and understanding of a corporate accounting environment
- Sound understanding of accounting and financial processes
- Understanding of GAAP and IFRS
- Understanding and knowledge of statutory and legislative requirements (including corporate governance)
- Understanding of accounting systems and software beneficial
- Financial and business acumen
- Knowledge of the Financial Services Industry
- Knowledge of the Insurance Act
- Clear criminal and credit record
Technical Skills
- Basic management skills (Plan, Lead, Organize, Control)
- Leadership skills
- Able to motivate others & self
- Able to run effective meetings
- Able to delegate effectively.
- Coaching skills
- Able to performance manage staff
- Strong organizational skills
- Be methodical
- Act purposefully
- Able to prioritize effectively
- Able to manage self & staff development
- Sound reconciliation skills
- Good mathematical skills
- Sound verbal & written communication skills
- Strong decision-making skills
- Able to take calculated risks.
- Strong negotiation skills.
- Strong collection skills.
- Assertiveness
- Exercise control
- Time Management
- Ability to work under pressure
- Sound PC knowledge (Microsoft Office)
- Exercise common sense.
- Conflict management.
- Communication skills
- Analytical skills
- People management skills
- Report writing skills
Closing date :23 June 2025