Accounts Payable Manager: Spf: Finance: Bellville: Pg 11

Accounts Payable Manager: Spf: Finance: Bellville: Pg 11
Company:

Sanlam Limited


Accounts Payable Manager: Spf: Finance: Bellville: Pg 11

Details of the offer

Accounts Payable Manager: SPF: Finance: Bellville: PG 11 Date: 11-May-2020

Location: Bellville, Western Cape, South Africa

Who are we?

The Sanlam Personal Finance (SPF) cluster is responsible for Sanlam’s retail business in South Africa. SPF provides clients across different market segments (entry-level, middle-income, affluent, professional market and business owners) with a comprehensive range of appropriate and competitive financial solutions. These include traditional life insurance risk and savings products, investment, retirement, health and fiduciary services. Designed to facilitate long-term wealth creation, protection and niche financing, these solutions are engineered around client needs.

What will you do?

The SPF Finance Services function is responsible for delivering the following services to SPF, as well as other Clusters within Sanlam that make use of SAP S/4 Hana and related finance systems:

- The execution of shared financial transactions through the Finance Shared Services Centre
- Drive operational excellence and efficiency through finance process and technology optimisation
- Delivering an efficient financial control and compliance environment for SAP S/4 Hana and related finance systems
- Delivering on the consolidated financial reporting requirements for SPF

Output/Core Tasks:

This position will be responsible to play a key role in the oversight of the management and co-ordination of processing of supplier invoices, payments and creditors reconciliations. This role will implement accounts payable best practices and ensure quality assurance is adhered to within SPF, as well as other business clusters within Sanlam that make use of SAP S/4 Hana.
The key performance areas and tasks of this role are as follows:

- Manage the supplier onboarding process for new suppliers to ensure compliance and data quality
- Coordinate the management of supplier data and material data and ensure that no duplications have been made on the system
- Manage and maintain supplier line items and supplier balances
- Manage supplier payment and invoice blocks and unblocks
- Create supplier invoice and ensure information captured is correct and is on the queue for ready for payment
- Reconcile supplier payments and supplier statements as per policy

Purchase Management

- Make mass changes to purchase requisitions
- Manage and monitor purchase requisition items and purchase requisitions
- Assist the business with down payments
- Process non purchase order purchases
- Process Bulk purchases

Outputs (Cont..) Quality Assurance

- Implement Accounts Payable operational policies and controls and ensure compliance is maintained
- Review and approve payment proposals, in accordance with policy on payment terms and discounts
- Ensure quality output from team members and drive continuous improvement initiatives among the team

Accounts Administration

- Follow up with business areas and suppliers on invoice mismatches
- Prepare relevant reports around KPIs and Service Levels that will ensure agreements are being adhered to and quality services are delivered to the customers in a timely manner
- Manage necessary Service Levels with different internal customers and carry out monthly and quarterly meetings to revise the agreements to ensure customers are satisfied with services provided
- Manage internal stakeholders’ queries until resolved
- Make recommendations for operational efficiency and submit for management

Outputs (Cont..) Team Management

- Coordinate the implementation of the annual work plan that specifies staff accountabilities, key performance indicators and expected outcomes of success for the function
- Continuously monitor the team to identify any skills development gaps and requirements that will ensure staff deliver excellence to the business and meet their expected goals
- Carry out regular management meetings with the team and set targets for the function on a monthly and quarterly basis to ensure high performance and quality delivery of services to the business
- Manage team budget to ensure sufficient and effective utilisation of resources within the function and report on any variations for senior management to review and approve

Management Reporting

- Prepare and submit management reports on business SLA and KPI variations, system performance and monthly risk and compliance that will inform senior management on performance of the function
- Generate and submit weekly and monthly management reports on expenses and recoveries available in SAP S/4 Hana and related finance systems for the use by business and senior management

What will make you successful in this role? Role Requirements:

Qualifications:

- Bachelor’s degree in Commerce, Accounting or Finance or relevant field from a recognised institution
- Professionally accredited from a recognised industry body as a Certified Public Accountant or a member of the Association of Chartered Certified Accountants (ACCA) is advisable

Experience and knowledge:

- 6 years of functional experience, 2 of which in management or similar experience in a comparable position
- 6 years of solid understanding of basic accounting principles, procurement and payables knowledge
- 3 years in-depth knowledge and understanding of procurement and payables accounting principles and accounting software
- 3 years’ experience with relevant financial management systems
- Must be customer focused
- Should have the drive to cultivate innovation
- Must have the ability to drive results
- Must lead the team to collaborate
- Should demonstrate resilience
- Demonstrate high decision-making ability
- Must be action oriented
- Must build and manage an effective team
- Must be quick to understand Sanlam operations as well as the technology used

Preference will be given to internal applicants from the various impacted finance structures.

Build a successful career with us

We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its business clusters – Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investments, Sanlam Corporate, Santam, Miway, as well as the Group Office – the group provides many opportunities for growth and development.

Core Competencies

Being resilient - Contributing through others

Collaborates - Contributing through others

Cultivates innovation - Contributing through others

Customer focus - Contributing through others

Drives results - Contributing through others

Turnaround time

The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.

Closing Date: 15 May 2020.

Our commitment to transformation

The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.

Requirements


Knowledges:

  • Basic
  • PROGRESS

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