KEEP UP TO DATE WITH ALL THE IMPORTANT COVID-19 INFORMATIONCOVID-19 RESOURCE PORTAL

FANews
FANews
BACK TO JOB INDEX
Job listing

Financial Manager/Head of Finance

Region : Stellenbosch, Western Cape
Company : KGA Life Limited
Contact : Marthine Goosen
Contact email: recruitment@kga.co.za
Contact no: 072 214 2759
Closing date: 31 Aug 2020
Job Specifications:

About KGA Life
We are an unconventional funeral insurance company with a unique approach to how we do things. We pride ourselves on creating superior customer value through our innovative, energetic and creative team of people. Our business has been built on forging strategic partnerships that allows us to punch above our weight class in the market. And in our 36 years of existence, we have had a few world titles to brag about.

What will you do here? 
You will contribute to the success of the company by making commercial recommendations in line with the company’s strategy to enable growth of shareholder value. You will be responsible for the management, analysis and reporting of all financial and actuarial activities related to the finance function, including IFRS17, SAM and Embedded Value reporting.

This is a great opportunity for a Financial Manager to grow into an executive leadership role within a medium-sized insurance company. 

You are perfect for the role if:
You are a dynamic, ambitious and assertive CA(SA) with an entrepreneurial- and problem-solving mindset as well as a proven track record of adding commercial value to a company through strategic and operational contributions.

Reasons not to join our team:
•If you don’t love servicing people.
•If you don’t want to work on the most challenging projects.
•If you don’t like working in an unstructured environment.
•If you don’t want to do whatever it takes to get it done (sometimes that might require you to wear a pink tutu).
•If you don’t act with integrity in everything that you do.

Organisational alignment
•The role reports to the CEO.
•The position is based at our head office in Stellenbosch.

Key responsibilities of the role:
•Provide operational support related to finance and insurance activities and initiatives to contribute to the overall growth and profitability of the company.
•Provide actionable, relevant and time sensitive insight and information to the business to enable key business and strategic decisions.
•Preparation of budgets, forecasts and co-ordinate annual audits.
•Compile AFS by complying with IFRS and relevant regulatory frameworks.
•Preparation and review of consolidated monthly reports and commentary for financial results.
•Oversee preparation of monthly management accounts.
•Analyse and report on balance sheet recons and costs.
•Oversee debtors, creditors and cashbook management.
•Income tax and VAT compliance and submissions, month end reviews and variance reports.
•Quarterly and annual regulatory returns.
•Assets, procurement, commercial contracts and insurance management.
•Management and Statutory Regulatory Reporting: SAM, FSCA and Prudential Authority.
•Review the performance of the business using financial metrics.
•Preparation of key business drivers for group management reporting.
•Quarterly K68 and asset allocation reports for SARB.
•Monitoring and forecasting of capital adequacy requirements.
•Bi-annual ASISA reporting.
•Collaboration with actuarial function to ensure all FSCA and other statutory requirements are complied with.


Requirements:

Qualification and experience required
•CA(SA) is essential.
•5-year post article experience in a commercial environment.
•Managerial experience: At least 2-year’s financial management experience at a senior level.

Applications and enquiries
•Should you meet all of the above-mentioned requirements please forward your CV to recruitment@kga.co.za.
•Subject: Financial Manager/Head of Finance
•Only candidates that meet the above criteria will be contacted. If you do not receive a reply within 4 weeks of your application, please consider your application to have been unsuccessful.

Please visit our LinkedIn page for more information: www.linkedin.com/company/kga-life-limited

Quick Polls

QUESTION

Many legacy RAs allow an insurer to take up to 30% of the accumulated capital upon early exit. “This is just one of countless examples of shocking product design that is 100% engineered by insurers to extract punitive fees from clients...".

ANSWER

Agree
Disagree
fanews magazine
FAnews June 2020 Get the latest issue of FAnews

This month's headlines

The crisis is not over
Ethics of lockdown - What value is attached to a human life?
Pandemic redefines the commercial and legal risk landscape
New partnerships needed to create an epidemic and pandemic risk programme
Credible statistics create much needed certainty
SA fixed income: Searching for value in a sea of pandemic risk
Subscribe now