Chief Financial Officer

Who are we?
Sanlam Fintech is a newly established digital first business within the Sanlam Group on a mission to democratize financial advice and solutions for everyone across the African continent. We exist to pioneer inclusive financial confidence helping people build strong foundations to bridge the gap in generational wealth. Our culture us that of agility and constant deployment, we believe in learning fast, learning cheap and learning forward. Our aim is to provide a work environment where knowledge workers can accelerate the development of their ideas and bring innovation to market, at the same time provide compelling career and development proposition that will enable them to realize their dreams.
About the role We are looking for a dynamic and visionary Chief Financial Officer to lead the overall financial function in the cluster. The CFO will own and direct Sanlam Fintech's financial strategy and is responsible for translating the cluster's strategy into financial plans and budgets. The incumbent will have full oversight of all cluster financial activities, including financial accounting, management accounting (including budgets and forecasts), financial reporting and financial performance enhancement. The CFO will liaise with, and take overall FinTech responsibility for, functions elsewhere in the Sanlam Group responsible for risk management, compliance, legal, internal audit and Mergers & Acquisitions.
What will you do? Strategy
Support the CEO with implementation of the Cluster Strategy
Assess organisational performance against both the annual budget and Sanlam Fintech's long-term strategy
Develop tools and systems to provide critical financial and operational information to the Cluster CEO and make actionable recommendations on both strategy and operations
Engage the Sanlam Fintech Exco, the Group Exco, Group Finance, the Fintech Financial and Risk Forum, the Fintech QBR and where relevant other Group committees around issues, trends, and changes in the Sanlam Fintech operating model(s) and operational delivery
Growing the Business Profitably
Direct activities associated with the security and investment of the organisation's assets and funds and ensure that mergers & acquisitions, financial transactions, policies and procedures meet short and long-term objectives and regulatory body requirement
Participate in the development and execution of Sanlam Fintech's strategy
Develop Financial Business Plans (with budgets) to support the delivery of strategy
Drive the implementation of the plans and adjust/review as needed to meet profit targets
Perform detailed financial analyses and make recommendations to improve profitability and returns on an ongoing basis
Review and project Sanlam Fintech's prospects for future growth within the organisation's strategic and values framework
Participate in and co-ordinate financial governance on any corporate transactions
Budget Process
Own, manage and oversee the planning and budgeting process
In conjunction with the CEO and Exco members prepare the annual budget and three-year plan and present to the Group Exco
Track variances to budget and make recommendations to Executives where corrective action is needed
Reporting
Oversight of all financial reporting by Sanlam Fintech and ensure this meets stakeholder requirements
Drive forecasting, multi-year plans and sensitivity analysis
Ensure efficient processes are in place to enable quality and timeous reporting to Group Finance Reporting and relevant boards
Oversee the preparation and submission of annual financial statements in accordance with IFRS; other statutory reporting)
Responsible for valuations of non-covered businesses
Measurement and reporting of business unit key performance indicators (KPI's), focussing on leading indicators.Leading discussions on notable KPI and other business information trends
Identify trends, red flags and meaningful interpretation of MIS and reports
Governance
Ensure organisation's compliance to all relevant financial regulatory, business and reporting governances
Set policies, procedures, standards and guidelines within finance that are aligned with regulatory standards and Sanlam Group Governance charters and policies
Ensure the integrity of Financial reporting by maintaining a robust control environment
Effective internal and external audit execution
Ongoing improvement of systems and processes and alignment to Group initiatives
Alignment
Integrate effectively with Exco colleagues to ensure that commercial business decisions are made in line with financial targets
Proactively share information and expertise with internal & external stakeholders
Stay abreast of market trends, relevant legislation and events in appropriate statutory bodies
Mergers and Acquisitions
Play a key role in concluding identified mergers and acquisitions
People Management
Provide leadership and direction to the Sanlam Fintech Finance team
Drive the implementation of the organisation's desired culture
Effective performance management & talent development
What will make you successful in this role? Exceptional understanding of profitability models in the financial services industry
Good knowledge of IFRS
Financial IT Systems and reporting capabilities
Ability to manage strategic relationships with internal and external partners and service providers
Comfortable with ambiguity in a fluid organization.
A high level of attention to detail with excellent organizational skills.
Passionate and enthusiastic about excellence.
A self-starter who identifies opportunities and potential problems — addressing them effectively and efficiently.
Qualifications and Experience CA (SA) or equivalent
8 years finance experience, with experience leading a team at a senior level
Experience in working with business unit leadership teams would be an advantage
Experience in reporting at a Group and /or Board and / or Audit committee level will be an advantage
Advanced broad commercial and economic skills
Financial reporting and IFRS
Budgeting processes
Financial planning and control
Provision of commercial and strategic support and consulting to Exco team and CEO
Who you are and what you know You have excellent strategic and conceptual thinking, problem solving and decision-making skills.
You are a senior leader, who know how to get the best out of others with a proven track record of managing diverse high-performance teams.
You have worked in complex organisations and know how to use your influence to gain support.
You have great interpersonal, communication and presentation skills and know how to tell stories and sell ideas.
You have a passion for people and what makes them tick and could unearth new insights to drive breakthrough ideas.
You have a sense of ownership and pride in your performance and its impact on the company's success.
How you'll think You are high agency: Looking for ways to do, instead of reasons not to.
Where some see impossible, you see a way: Turning obstacles into opportunity, chance into change.
You love creating more with less: Knowing that the biggest impact is born of the smallest acts.
You seek out and value different perspectives: Believing that when we change how we look at things, how things look for us also changes. Making tomorrow not just different, but better.

What you'll enjoy Diving into projects that touch the lives of millions. Making a real difference in how people manage their money and plan their lives.
Working in an environment that encourages curiosity and experimentation, being brave and doing things differently. While having the security of one of Africa's largest financial services giants.
Working in a team that encourages diversity of perspective, thinking and celebrates differences.
Helping build a culture of support, mentorship, care and compassion where we grow and learn together, both professionally and personally.
Working with likeminded people with a single goal to do great work that has a positive impact, while having fun doing it!
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 five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.
Core Competencies Cultivates innovation - Contributing strategically Customer focus - Contributing strategically Drives results - Contributing strategically Collaborates - Contributing strategically Being resilient - Contributing strategically 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.
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.

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