Finance Business Partner Job Vacancy at Momentum Metropolitan

Role Purpose

Assist Business Partners in order to support, advise and guide business decision-making through financial analysis, data and insights and provide holistic finance solutions that drive business performance.

Requirements

Experience and Qualifications

• Registered Chartered Accountant with South African Institute of Chartered Accountants (SAICA); OR
• Degree in Actuarial Science or Fellow Actuary.
• 4 – 6 years’ experience in valuations and/or financial management within an Employee Benefits environment.
• Knowledge of the Financial Services and Insurance industry.
• Detailed understanding of Employee Benefit valuations and reporting metrics.
• Financial understanding of the Employee Benefits products, design and profit signatures.
• Understanding drivers of various reporting metrics.

Duties & Responsibilities

INTERNAL PROCESS

• Work with senior business partners to collaborate with business leaders to formulate short and long-term financial objectives and financial models for the business, in line with the overall business strategy of the segment.
• Assist business leaders to assess the financial implications of new business initiatives and provide input to the financial feasibility of business cases.
• Assist the senior business partners to support and influence key operational and strategic business decision using financial analysis and data.
• Develop partnerships across the business in order to drive execution of finance activities.
• Provide insights regarding the interpretation and explanation of financial analysis, forecasts and scenarios in order to guide business decision making.
• Contribute to the development or testing of business cases for new initiatives and ensure that business cases are financially sound and drive profitability.
• Delivery of financial analysis, forecasting and what-if scenarios based on business requirements.
• Identity and measure key financial metrics that support financial and strategic objectives.
• Assist with the monthly reporting and ensure the business is provided with readily obtained, accurate and meaningful measurements.
• Prepare management reports and identify where management action is required.
• Provide input into continuous improvement efforts by identifying opportunities for optimising profitability and cost reduction.
• Assist with the forecasting of expenses and identify solutions to enhance cost effectiveness and increase operational efficiency.
• Monitor financial performance by measuring and analysing business results.
• Monitor and report on our key objectives in terms of where our growth is coming from across the corporate space.

CLIENT

• Build and maintain relationships with clients and stakeholders
• Define fair and innovative internal client service practices which build rewarding relationships and allows team to provide exceptional client service.
• Engage with key stakeholders to identify changing internal client needs and make recommendations to align service offering with client needs.
• Contribute to a client service excellence culture which builds enduring relationships and allows team to provide exceptional client service.
• Develop client service level agreements and standards in order to ensure clients receive clear and accurate information and are kept informed at all times.
• Drive efforts to improve client service and fair treatment of clients within area of responsibility.
• Incorporate internal client feedback into the enhancement of daily business processes and management operating systems.

PEOPLE

• Develop and maintain productive and collaborative working relationships with peers , clients and stakeholders
• Positively influence and participate in change initiatives
• Continuously develop own expertise in terms of professional, industry and legislation knowledge
• Contribute to continuous innovation through the development, sharing and implementation of new ideas
• Take ownership for driving career development
• Effectively manage time and ensure optimal productivity
• Ensure technical product and legislative knowledge is always current in order to propose the most relevant and innovative client solutions and comply with governance requirements
• Be self-confident, self-motivated and relentlessly pursue targets and goals.

FINANCE

• Provide input into the risk identification processes and communicate recommendations in how to manage identified risks
• Assist with the process for the development, implementation and monitoring of fit for purpose budgets to ensure the segment operating model is adequately budgeted for.
• Assist with the production and delivery of accurate financial metrics, statements and reports for the segment (Income Statement, Profit and Loss Statement etc.) within agreed timelines.
• Investigate reported wilful acts of non-compliance to organisation policy and practice and report on findings.

Competencies

• Client/ Stakeholder Commitment
• Drive for Results
• Business Acumen
• Leads Change and Innovation
• Motivating and Inspiring the team
• Strategic Thinking
• Collaboration
• Impact and Influence
• Self-Awareness and Insight
• Diversity and Inclusiveness
• Growing Talent