Our opportunity
The role holder is responsible to manage, direct and control the Bryte Statutory Financial Accounting and Reporting Department in line with the Bryte, shareholder and statutory requirements, and to manage all aspects of investments for the group. The role entails setting strategy, managing implementation and establishing effective reporting, monitoring and control measures in an ethically and technically correct manner and in line with IFRS requirements.
Key Task & Accountabilities
Functional Management
- This role reports into the CFO and its responsibilities span across all legal entities within the Group.
- Management of the monthly IFRS-based reporting process and preparation of the annual financial statements for all entities; support subsidiary company financial accounting processes.
- Effectively manage the quarterly shareholder and Board reporting requirements, including input to the President’s report.
- Responsible for managing and coordinating the external auditing process for annual financial statements and other relevant processes.
- Manage financial systems, general ledger process and internal controls, to ensure the integrity of the financial reporting system.
- Ensure timeous and accurate delivery of statutory and regulatory reporting, including solvency reporting on a SAM basis.
- Perform analytical reviews of IFRS and regulatory results and determine reasons for variances.
- Ensure a clean audit report in relation to all regulatory and statutory reporting.
- Identify opportunities to enhance capital management and solvency.
- Identify contravention of compliance and implement controls to ensure all compliance requirements are continuously met.
- Ensure best practice solutions for the company are implemented through researching markets and understanding changes in legislation.
- Network through memberships of various, appropriate associations.
- Effectively manage investment accounting and reporting activities; ensure that investment transactions are recorded in the accounting system on a timely basis and in line with IFRS and the Group reporting requirements.
- Prepare and submit investment reports for Board review and shareholder submission.
- Management of investment processes and operations while maintaining compliance with legislative requirements.
- Calculation of Tax and management of direct and indirect Tax submissions.
- Leading teams of people in line with the Bryte guiding principles and culture, whilst coaching and mentoring individuals within a results-oriented environment. Act as an ambassador for the culture and desired behaviours.
Stakeholder Management
Stakeholders include
- The Board
- Statutory Bodies
- EXCO
- External Auditor
- Fairfax Group
Leadership Accountabilities
- Lead a diverse and independent functional team, setting objectives, reviewing performance and participating in selection / promotion decisions to ensure that employees have the necessary skills and understanding to deliver the team's objectives.
- Model behaviours that demonstrate commitment to Bryte’s guiding principles.
- Lead a high-performing team and complete performance management cycle for direct reports.
- Create people management plan to ensure human capability is in place as part of business planning process.
- Take action to manage own personal development and encourage others to do the same.
Education & Experience
- CA(SA)
- 8 or more years’ experience in relevant field
- 5 years minimum leadership experience
- Exposure to insurance (life, general and reinsurance)
- Exposure to Investment accounting and management
- Sound knowledge of IFRS, including Insurance Accounting standards
- Knowledge of the Insurance Act, including solvency requirements
- Knowledge of SAM solvency legislation and reporting requirements
Competencies
- Statutory Financial Management (including IFRS17)
- Effective Communication
- Problem solving
- Knowledge Management
- Strategic thinking
- Organisational Governance
Closing date: 25 August 2025
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