Financial Controller: Sanlam Foundation: MDS CPT/JHB

Date: 11 Oct 2024

Location:

Bellville, Western Cape, ZA

Company: Sanlam Group

Who are we?

Sanlam was established as a life insurance company in South Africa but has since transformed into a diversified financial services group that operates across the African continent, India, Malaysia and selected developed markets, with listings on the Johannesburg, A2X and Namibian stock exchanges. In 2018 the Group celebrated its centenary as well as 20 years since demutualisation and listing in South Africa and Namibia. Sanlam is one of the largest internationally active insurance groups in the world with a presence in 31 countries and has the biggest non-banking financial services footprint on the African continent.

The Group's five business clusters (Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz and Santam) house the Group's business operations. The Group Office provides strategic direction and support to the five clusters, assisting them in realising their strategies and meeting their business objectives. The Group Office is responsible for governance and for the Group's centralised functions, which include: Finance, Actuarial and Risk Management, Strategy, Human Resources, Market Development and Sustainability.

What will you do?

This is a specialist management support role within the Sanlam Foundation that does not have any direct reports. This role assists and advises managers on the financial implications of business decisions to drive the Sanlam Foundation strategy and achieve measurable impact across the various programmes that the Sanlam Foundation funds and runs.

Responsibilities of the job include:

Financial Management Functions: compiling and managing budgets and forecasts, facilitate account payments, purchase requisitions, expenses, undertaking financial administration, preparation of reconciliations, facilitate internal and external audit processes from planning to completion.
Taxation: Income tax preparation and submission; VAT calculations, reconciliations and submission
Reporting: monthly financial reporting; quarterly Trustee and Board reporting; preparation of annual financial statements including commentaries; B-BBEE reporting and audit verification

What will make you successful in this role?

Preparation of monthly expense reports, forecasts and variance analysis
Preparation of annual budgets and forecasts for specified cost centres
Processing of invoices
Preparation of monthly reconciliations
Preparation of quarterly management accounts and financial reports for Board of Trustees
Preparation of annual financial statements
Provide information pertaining to internal and external audits
Preparation and submission of annual income tax return
Preparation and submission VAT 201 return
Preparation of B-BBEE reporting

Qualification and Experience

Matric/Grade 12 Senior Certificate
Accounting Diploma\Degree or equivalent qualification will be advantageous
Articles will be advantageous
At least 3 years’ experience in a financial role
Experience in an Non Profit Organissation environment will be advantageous

Knowledge and Skills

Financial planning and recommendations

Reporting

Financial Reporting

Financial Information Processing

Personal Attributes

Action orientated - Contributing independently

Financial acumen - Contributing independently

Optimises work processes - Contributing independently

Plans and aligns - Contributing independently

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 independently

Collaborates - Contributing independently

Cultivates innovation - Contributing independently

Customer focus - Contributing independently

Drives results - Contributing independently

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.

The closing date for applications is 25 October 2024

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.