Job Description

Posted 2 weeks ago

The role holder will be responsible to manage, direct and control the Bryte Financial Reporting Department in line with Bryte and regulatory requirements. The provision of timely and accurate management performance and budgetary reporting to manage all aspects of investments for the group in accordance with statutory, international and internal requirements, from strategy to project implementation, and establish effective reporting, monitoring and control measures in an ethical and technically correct manner.

KEY TASKS AND ACCOUNTABILITIES

Effective management of annual financial statements reporting requirements

* Manage project plans by reviewing deliverables and ensuring that milestones are met in terms of the project plans
* Hold regular feedback meetings with the project team to identify problem areas or missed milestones (taking corrective action where necessary)
* Provide guidance, coaching and technical support to facilitate the development of the financial team

Effective management of statutory reporting and compliance

* Ensure that relevant financial statutory reporting is prepared in compliance with statutory and legislative requirements
* Review relevant financial statistics from external consultants and identify variances to take corrective action
* Submit reports to the relevant person for sign-off

Effective management of the internal control environment

* Investigate and implement effective internal controls to ensure compliance
* Assess audit reports to identify areas of improvement and provide recommendations for corrective action
Effective monthly and quarterly group reporting
* Review, consolidate and forward group reports and subsidiary companies to Bryte Draw up monthly timelines to ensure relevant parties meet deliverables

Effective management of ad hoc financial projects

* Ensure reports meet business requirements through liaison with managers
* Ensure checking interfaces from various processing systems, including underwriting platforms

Effective people management and team leadership

* Ensure the department is fully equipped to handle the workload and distribute workflow
* Be an active part of corrective action to ensure those correcting fully understand errors and consequences
* Create an environment that fosters teamwork and co- operation amongst team members

Relationships (Internal/External)

* Market Underwriting and Sales, Policy Administration, Brokers, Clients
* Internal and External auditors

QUALIFICATIONS, EXPERIENCE AND SKILLS

* Chartered Accountant
* 5-10 years’ experience in the short-term insurance industry in a similar role

KNOWLEDGE

* Excellent knowledge and understanding of a corporate accounting environment
* Sound understanding of accounting and financial processes
* Understanding of GAAP and IFRS
* Understanding and knowledge of statutory and legislative requirements (including corporate governance)

TECHNICAL SKILLS

* Basic management skills (plan, lead, organise, control)
* Leadership skills
* Able to motivate others and self
* Able to run effective meetings