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Management Accountant

Sanlam LTD
Johannesburg Johannesburg, Gauteng Gauteng, South Africa
Closing date
May 30, 2024

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Job Role
Contract Type
Full Time
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 focusses on retail products, as well as group schemes.

What will you do?
  • Maintenance of financial controls over the completeness & accuracy of transactions between the Policy Administration system reports and registers
  • Provide finance input in various business wide projects that impacts business
  • Sign off monthly audit file including AR's, reconciliations and journals
  • Preparation of monthly management reports
  • Negotiate timelines and SLA for projects partners and internal departments.
  • Budgeting and Forecasting of Filesize and FMS
  • Provide input into development of management reports
  • Co-ordination of audit for internal and external auditors
  • Operational performance monitoring
  • Resolve escalated operational issues timeously, investigating financial queries & providing adequate responses.
  • Staff management and development - responsible for team output, setting out of deadlines and managing staff performance.
  • Analyse and interpret data in order to provide management information for decision making
  • Manage staff in line with company policy

What will make you successful in this role?
  • Matric
  • BCom Accounting
  • Post-graduate qualification will be advantageous
  • Three years' experience in a Management Accountant role with demonstrated management potential or management experience
  • Experience in the financial industry will be advantageous
  • Computer literacy - MS Office - Excel & Work - advanced
  • Working knowledge of SAP would be advantageous

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

Personal Attributes

Financial acumen - Contributing through others

Decision quality - Contributing through others

Manages complexity - Contributing through others

Plans and aligns - Contributing through others

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

Cultivates innovation - Contributing through others

Customer focus - 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.

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