Financial Accountant

What will you do?

Job Purpose:

This role reports to the Finance Manager in Sanlam Life and Savings cluster: Chief Operating Officer – Business Shared Services area. The role is responsible for managing of and reporting on business expense targets, ensuring ongoing operations are financially sound, gather information for reporting purposes, give management insights on results and ensure operations are within the SLS governance framework. This role also assists with financial accounting, controls, budgeting and reporting of expenses attributable to SLS COO: Business Shared Services cost centres. 

What will make you successful in this role?

•    Ensure that manual bank transactions are updated into SAP (where applicable)
•    Approval of local and international payments on SAP – SES / PR / PO / FI
•    Pro-active management and control of control Accounts – i.e. GR/IR and Down Payments
•    Solving financial enquiries and problems in an effective and timely manner. 
•    Provide proposals towards continued improvement of current processes.
•    Administration, planning and organising of work to ensure successful and on time delivery.
•    Processing and approval of journals.
•    Create provisions and accruals for transactions not yet processed.
•    Controlling of and reporting on provisions and accruals
•    Support business with SAP 4 Hana.
•    Create awareness in business of the effect of open items on control accounts i.e. GR/IR and Down payments.
•    Budget and Forecasting
•    Monthly preparations / maintaining of reporting file – i.e. add any new materials / accounts / Cost Centres

•    Compile monthly a condensed reporting file that summarize the expenses in a noticeable view
•    Monthly update of HR file – in time check for any variances
•    Monthly Extract of IT MIS report including Cloud expenses – in time check for any variances and initiate corrections.

     Communicate required SRS’s to be logged with relevant department
•    Monthly reporting – Budget vs Forecast
•    Monthly connection with Business Heads to discuss Budgets / Forecast adjustments
•    Yearly budget process – preparing input – connect with Business heads to provide any changes to current Forecast
•    Yearly load of new budgets
•    Ad hoc tasks (where required)
•    Monthly Cost Allocations and Capacity recoveries
•    Monthly controls – CSA for allocated profit centres
•    MDG Support on creating Inter Company / materials
•    Quarterly compile Functional Costs to Group
•    Provide inputs when required to Scorecard, TCF & Risk reporting

Role Requirements

Qualifications and experience:

•    Relevant Financial degree with accounting as a major
•    Minimum 4 years experience in cost management preferably on SAP S4 Hana

Knowledge:

•    Strong Excel skills
•    MS Office (Outlook, MS teams) experience
•    Financial Reporting & Cost management
•    SAP S4/HANA experience preferable

Core Competencies:

•    Customer focus
•    Cultivates innovation
•    Collaborates
•    Drives results
•    Being resilient

Personal Competencies:

•    Strong analytical and conceptual thinking
•    Financial acumen
•    Excellent communication and interpersonal skills for interacting with business stakeholders 
•    Ability to work independently and is action orientated 
•    Self-motivated / disciplined
•    Manage complexity of information and effectively solve problems
•    Plans & aligns to ensure deadlines are met
•    Takes ownership and accountability for deliverables
•    Optimise work processes
•    Takes ownership to learn and develop self
•    Adapt approach to different demands and situations

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

Turnaround time

Closing Date: 12 November 2025

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