Senior Specialist Business Performance Partnering

Responsibilities

• Implement financial policies, procedures, and practices.
• Ensure all expense and financial management practices are aligned to OML Group value creation objectives and internal governance requirements.
• Compare and analyse financial data, and produce detailed reports identifying trends, discrepancies and inconsistencies.
• Guide and support the business areas in compiling business plan and forecasts. Ensure alignment of plans to set targets and cost efficiency commitments.
• Perform analysis in business areas and provide insights to management on how to improve financial performance.
• On a monthly basis assess business performance against budget/ forecasts and guide business in implementing appropriate initiatives to meet budgets. Track and report performance against targets and ensure corrective actions are implemented where required.
• Identify trends in business and financial implications.
• Provide general commercial advice to business areas.
• Provide link between business and finance areas. Function as key interface between iWYZE, the BPP team and Finance Operations to ensure alignment of financial outputs and processes.
• Optimise departmental performance through targeted business intelligence to ensure that it becomes the primary way of driving performance and execution. Ensure reporting supports decision-making at Manco and profitability forums.
• Review and vet manual transactions calculated and processed for reinsurance.
• Perform financial modelling to support feasibility studies/business cases for new initiatives.
• Financial Reporting and Delivery
• Prepare and present monthly financial performance at Manco and profitability management meetings.
• Provide clear commentary on performance, variances, risks, and opportunities.
• Respond to ad hoc financial requests from business, EXCO and Group.
• Balance Sheet Oversight (not execution)
• Ensure that the following are performed and reconciliation items resolved:
• Bank reconciliations.
• Debtor and creditor reconciliations.
• Claims, salvage, and recoveries reconciliations.
• Not responsible for preparation, but accountable to:
• Ensure completion and timeliness.
• Review outputs and identify concerns.
• Follow up and escalate unresolved items.
• Ensure no material control risks exist.
• Revenue and Invoicing Management
• Ensure correct and complete invoice information is submitted to Finance Operations.
• Ensure invoicing is performed timeously.
• Monitor and resolve un-invoiced data or revenue leakage risks.
• Support revenue completeness and accuracy.
• Project and System Improvements
• Support and manage ongoing projects relating to system mapping and process improvements.
• Work with project teams, Finance and iWYZE to ensure delivery.
• Track progress, resolve issues and ensure improved data accuracy and reporting integrity.
• Service delivery to ensure customer satisfaction.
• Establish productive operational relationships with key stakeholders in the various channels and administrative teams.
• Develop work routines in line with operational plans / schedules to manage achievement of service delivery goals.
• Share knowledge on, and participate in the creation of new standards, control systems, and procedures to maintain service delivery.
• Strong alignment with Finance Operations to ensure effective execution of financial processes.
• Cost control and governance adherence
• Proactively ensure use of time, of resources, money, materials, or equipment is in line with policies and procedures.
• Comply with corporate governance policies, procedures, and standards.
• Operate within agreed mandates.
• Quality people practices
• Align own behaviour with the organisation culture and values.
• Share and transfer product, process, and systems knowledge to colleagues.
• Ensure achievement of own performance objectives.
• Actively share information with other team members regarding successes, issues, trends, and ideas.
• Actively participate in own professional development and career path.
• Actively promote a culture of learning and high-performance culture amongst team members.
• Organization and Attention to Detail :

Benefits

Additional Information

Let's Write Africa's Story Together! Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this. Job Description To ensure the implementation of financial policies, procedures, and practices at a divisional tactical level and to provide guidance and support management in dealing with all aspects of finance in accordance with such policies and procedures whilst also achieving operational goals and objectives.In addition, this role is specifically accountable for driving detailed expense management and financial performance reporting for iWYZE to ensure delivery of value creation targets as defined by OML Group and the Executive Committee. The role requires strong oversight of key financial control processes (including balance sheet and invoicing processes), ensuring completeness, accuracy, and timely execution through Finance Operations.

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