Junior Finance Business Partner

at  Sanlam

WHO ARE WE?

MiWay is a direct financial services company. We are passionate about service excellence, convenience and offering our clients superior value products. Our Vision is to be a world-class direct financial services business that offers a complete array of services under one convenient umbrella – all managed online.
We are passionate about our people. We are positive that with the right people on board, we will continue to grow and give our clients the freedom to do things their way – free from worry and most importantly at peace with all the “what-ifs” of the world.
Company values that every employee subscribes to are: Energy, Freedom, Accountability and Attitude. The ideal candidate is one who has the courage to be bold and subscribes to MiWay’s core values! Do you have a positive attitude, love a challenge, treat your colleagues with respect and look for solutions, not problems? If yes, then MiWay is the place for you!

QUALIFICATION

• Bachelor’s degree in accounting, Finance or related field; CPA or equivalent certification preferred.

SKILLS REQUIRED

• Integrity
• Analytical skills
• Financial accounting and reporting
• Decision making
• Persuasive communication skills
• Interpersonal sensitivity
• Adaptability to changing environment(s)
• Innovative
• Dealing with confidential information
• Change management
• Project management

KNOWLEDGE AND SKILLS

Analyse Operating efficiencies
Budget management and forecasting
Capital expenditure management
Cash flow monitoring and management
Management reporting

WHAT WILL YOU DO?

The Junior Business Partner will be responsible for a management accounting function which may include planning, budgets and forecasts, interpreting financial results, monitoring cash flow, capital expenditure programmes, management reporting systems development, special investigations/reports, operating efficiency studies, feasibility studies and investment portfolios.

ROLE RESPONSIBILITIES

• Preparation and analysis of statutory financial statements and reports, including month end reporting.
• Maintain accurate records of financial transactions, including journal entries, ledgers and reconciliations.
• General Ledger management and ensuring integrity of all accounts during month-end close.
• Ensure compliance with accounting standards, regulations and company policies.
• Assist with audits, tax filings and other financial compliance requirements.
• Monitor and analyse financial performance indicators to identify trends and opportunities.
• Participate in financial planning, forecasting and budgeting activities.
• Provide support and guidance to departments on financial matters.
• Prepare and file various financial reports and disclosures as required.
• Stay updated on changes in accounting standards, policies and regulations.
• Other ad hoc related matters

WHAT WILL MAKE YOU SUCCESSFUL IN THIS ROLE?

• IFRS and General Accepted Accounting Principles
• Tax acts (VAT and Income Tax)
• Short-term insurance act and regulations
• Companies Act
• Reporting tools
• JD Edwards General Ledger
• Hyperion Financial Management (HFM)
• Best Practices
• Expert level Excel skills

ROLE COMPETENCIES

• Proven experience in financial accounting, preferably in insurance or related financial services industry
• Strong knowledge of accounting principles, regulations and financial reporting standards – including an understanding of IFRS17
• Attention to detail and accuracy in financial reporting.
• Analytical and problem-solving
• Proficiency in Microsoft excel and accounting software.
• Ability to manage multiple tasks and deadlines effectively.
• Strong communication and interpersonal abilities
• Integrity and ethical behaviour in financial management
• Adaptability and willingness to learn and grow in role.
• Innovative and willingness to improve and make things better.