Finance Manager - Insurance (Ref: MEFM)

Position in the Financial sector in Umhlanga, Durban - Kwa- Zulu Natal
Posted On Tuesday 28 September 2021
Job Description:

Our client is seeking a Financial Manager to join their team. The successful incumbent will be responsible for complex accounting activities relating to the maintenance of complete and accurate financial information and the resultant managerial reports and financial statements for the business and group reporting. Report financial results on a monthly basis to management to enable appraisal of division’s actual performance against budget/forecast. Responsible for tax, IFRS and financial governance.


Main job function

Communicate key business priorities to all staff

Assist with general running of finance department including managing the team calendar and deadlines

Review monthly results and forecasts and provide analysis and understanding of the results

Review monthly reconciliations and management accounts

Consolidation of group management accounts for submission to the division

Ownership, oversight and management of the budgeting process (timelines, submissions, preparation reviews etc)

Oversight of the regular annual and three-year forecast and associated model

Key contact for external auditors and internal auditors, together with ensuring deadlines are met

Preparation of group reporting and annual financial statements

Review VAT reconciliations and submission of monthly VAT returns for all companies

Prepare and reply to all SARS queries

Submission of dividend returns

Compiling and preparation of annual tax computations and submission of provisional and annual tax returns

Keep updated with all new tax, accounting and other legislation and standards and how it affects the business

Assist with the preparation of monthly, quarterly and annual packs

Conducting solvency and liquidity tests for all companies

Assist in building strong relationships with all internal and external stakeholders to deliver efficient and effective services to brokers and 3rd party service providers

Training staff on policies and procedures for new and existing products and channels



Qualified CA (SA)



2 – 3 Years post articles experience

Experience in a leadership role

Experience in Short term insurer (preferrable) or from the Banking/Financial Industry with Insurance knowledge

Strong analytical skills with attention to detail

Excellent interpersonal and communication skills

Committed to deadlines

Ability to work under pressure

Effective time management

Problem focused and ability to ensure that issues are resolved as quickly as possible

Maintain a positive attitude and drive  

Knowledge of VAT and tax legislation

Advanced knowledge of IFRS

Knowledge of relevant insurance legislation

Excellent advanced excel skills


A Consultant will be in touch if you are shortlisted for the position.  Please consider your application unsuccessful should you not have been contacted within 2 weeks.  We will keep your CV on our database and contact you should you match the criteria of any other vacancies.




Please contact Melanie Els