Management Accountant – Financial Forecasting

1 month ago

Cape Town, Saudi Arabia Intelligent Debt Management Full time

Job Purpose:

The Finance department of Intelligent Debt Management IDM, a Financial Services group based in Cape Town, seeks a qualified CIMA graduate to join their expanding team. The successful candidate will support the Head of Finance – Forecasting and Analytics, by gaining a good understanding of IDM from an operational and financial structure perspective. This will allow them to add real value to the forecasting and budgeting process. The candidate must be highly efficient, energetic, motivated, ambitious, and willing to learn, as well as being prepared to make a commitment to the business in the medium to long term. An agile mindset will be key to your success.

Key Responsibilities:

Responsibilities include, but are not limited to:

  • Maintain the technical and commercial aspects of the forecast process.
  • Liaise with the Actuaries on GWP sold, claims incurred including various categories of risk and premium income as well as the EV model.
  • Interpret the results output of your work, with particular focus on financial performance, position and cash flows.
  • Run different scenarios by changing model inputs. Interpret the results and make recommendations where necessary.
  • Monthly and Ad hoc meetings with heads of department to plan their best staff allocation to support the company growth.
  • Compiling and understanding our marketing channels mix and the cost drivers thereof.
  • Understanding of insurance sale drivers and appropriately forecasting and for policies and new GWP sold.
  • Knowledge of our various metrics through which we evaluate our businesses. Recommend others where necessary.
  • Working knowledge of corporate debt structures.
  • Taking the operational finances lead in updating the forecast process to make it as seamless as possible.
  • Working with the operational departments as to their strategy and expressing this in financial terms. Making it relevant to them.
  • Compilation of budget working papers with staff loading and other KPI's.
  • Taking ownership of the technical aspects of the biannual budgeting process and reporting thereon.
  • Providing analysis and extra data as required by ops staff - look at your spreadsheets as a working product.

Key Competencies

  • Professional accounting qualification - preferred CIMA but CASA, ACCA or SAIPA will be considered.
  • 3 to 5 years post qualification experience in a medium to large organisation
  • Thorough understanding of management accounting principals
  • Multiproduct/service exposure
  • Working knowledge of consolidations for a diversified group
  • Previous knowledge of forecasting and budgeting advantageous
  • Advanced Excel knowledge an advantage
  • Working knowledge of the following accounting standards: IFRS 15 Revenue, IFRS 16 Leases and IFRS 17 Insurance an added advantage
  • Be fluent in spoken and written English.
  • Have strong attention to detail and accuracy.
  • Have strong planning, organizing and time management skills.
  • Be able to work independently as well as be a team player.
  • Be able to multi-task effectively.
  • Have strong communication and interpersonal skills.
  • Be self-motivated, by taking an interest in the job, and obtaining satisfaction from the achievement of a job well done.

  • Financial Accountant

    5 days ago

    Cape Town, Saudi Arabia Overberg Water Board Full time

    DescriptionOverberg Water is a Water Board established in terms of section 28 of Water Services Act, No 108 of 1997 and is classified as Government Business Enterprise as per Schedule 3B of the Public Finance Management Act No. 1 of 1999 as amended.RequirementsGovernment Business Enterprise as per Schedule 3B of the Public Finance Management Act No. 1 of...

  • Financial Accountant

    5 days ago

    Cape Town, Western Cape, Saudi Arabia Overberg Water Board Full time

    DescriptionOverberg Water is a Water Board established in terms of section 28 of Water Services Act, No 108 of 1997 and is classified as Government Business Enterprise as per Schedule 3B of the Public Finance Management Act No. 1 of 1999 as amended.RequirementsGovernment Business Enterprise as per Schedule 3B of the Public Finance Management Act No. 1 of...

  • Accounting Operations Manager

    3 hours ago

    Cape Town, Western Cape, Saudi Arabia Yoco Full time

    About the roleThe Accounting Operations Manager will oversee the daily activities of the accounting department. Responsibilities include managing Accounts Payable, Accounts Receivable, Fixed Assets, and Inventory. The role is essential for ensuring accurate and timely financial information, compliance with accounting principles, and maintaining a strong...

  • Financial Accountant

    2 weeks ago

    Cape Town, Western Cape, Saudi Arabia Momentum Full time

    RequirementsExperience and QualificationsBComm Degree in Financial Management or Accounting or related qualification3 years in the Insurance or Financial industry5-7 years' relevant accounting experience essentialDuties & ResponsibilitiesINTERNAL PROCESSPerforming the Reinsurance function within Group InsuranceProcessing Reinsurance premium and claim...

  • Accounting Operations Manager

    6 hours ago

    Cape Town, Saudi Arabia Yoco Full time

    About the roleThe Accounting Ops Manager will oversee the daily operations of the accounting department, managing Accounts Payable, Accounts Receivable, Fixed Assets and Inventory. You will monitor and enhance the ERP control environment, general ledger and financial reporting cycle. This role is crucial for creating accurate and timely financial information...

  • Chief Financial Officer

    7 days ago

    Cape Town, Saudi Arabia Lesedi Nuclear Services Pty Ltd Full time

    PURPOSE OF ROLELesedi seeks an exceptional Chief Financial Officer CFO to play a vital role in steering the financial direction of the company. The CFO will have a broad mandate to oversee all financial aspects of the company, serve as a strategic advisor to the executive team, and ensure that financial strategies align with our long-term objectives. This...

  • Chief Financial Officer

    6 days ago

    Cape Town, Western Cape, Saudi Arabia Lesedi Nuclear Services Pty Ltd Full time

    PURPOSE OF ROLELesedi seeks an exceptional Chief Financial Officer CFO to play a vital role in steering the financial direction of the company. The CFO will have a broad mandate to oversee all financial aspects of the company, serve as a strategic advisor to the executive team, and ensure that financial strategies align with our long-term objectives. This...

  • SA National Parks: Financial Accounting

    1 month ago

    Cape Town, Western Cape, Saudi Arabia South African National Parks Full time

    SA National Parks: Financial Accounting / Internal Auditing Internship Programme 2024Applications are hereby invited from graduates who completed their National Diploma / Degree at a Public Higher Education Institution (HEI) in South Africa and wish to be placed in SANParks for a period of one (1) year with a monthly stipend of R Duration: 12 Months...

  • Financial Manager – Fruit Industry – Cape Town

    3 weeks ago

    Cape Town, Western Cape, Saudi Arabia Agricruitment Limited Full time

    Job Summary One of the country's leading fruit exporters, recruits for a Financial Manager – Fruit Suppliers to add to their Talent pool. This position offers a rewarding career to a dynamic individual, who is motivated by high performance environments.Reporting to the Assistant Business Manager: Finance you will be based at their Cape Town offices...

  • Intelligent Debt Management

    1 month ago

    Cape Town, Saudi Arabia Intelligent Debt Management (IDM) Full time

    Intelligent Debt Management (IDM): Internship Programme 2022   Have you just completed a financial industry-related qualification e.g. a National Diploma or Degree in Management, Finance, Business, Accounting or related qualification? Are you looking for permanent employment in the Financial Services Industry? If you have said yes to all the...

  • Intelligent Debt Management

    4 weeks ago

    Cape Town, Saudi Arabia Intelligent Debt Management Full time

    Intelligent Debt Management (IDM): Graduate Internship Programme 2024   If you are looking for permanent employment in the Financial Services Industry, then this is the opportunity for you!   What you can expect from your first year at IDM: Communication with clients you are helping on an ongoing basis (no face-to-face Client...

  • Intelligent Debt Management

    1 month ago

    Cape Town, Saudi Arabia Intelligent Debt Management Full time

    Intelligent Debt Management (IDM): Graduate Opportunity 2023 / 2024   Position Title: Graduate Opportunity - Financial Assessor   Responsibilities: What you can expect from your first year at IDM: Communication with clients you are helping on an ongoing basis (Call Centre type environment) Exposure to the biggest Financial...

  • Intelligent Debt Management

    1 month ago

    Cape Town, Saudi Arabia Intelligent Debt Management (IDM) Full time

    Intelligent Debt Management (IDM): Graduate Programme 2024   We are looking for intelligent and motivated graduates to join our Onboarding team as Financial Assessors, ultimately progressing into the Financial Consultant role within 6-12 months.   As a Financial Assessor, you’ll contact consumers who need financial assistance and have...

  • SA National Parks: Financial Accounting

    1 month ago

    Cape Town, Saudi Arabia South African National Parks Full time

    SA National Parks: Financial Accounting / Internal Auditing Internship Programme 2024   Applications are hereby invited from graduates who completed their National Diploma / Degree at a Public Higher Education Institution (HEI) in South Africa and wish to be placed in SANParks for a period of one (1) year with a monthly stipend of R6...

  • Intelligent Debt Management

    1 month ago

    Cape Town, Saudi Arabia Intelligent Debt Management (IDM) Full time

    Intelligent Debt Management (IDM): Graduate Internship Programme 2023   If you are looking for permanent employment in the Financial Services Industry, then this is the opportunity for you!   What you can expect from your first year at IDM: Communication with clients you are helping on an ongoing basis (no face-to-face Client...

  • Graduate Internships 2024

    4 weeks ago

    Cape Town, Western Cape, Saudi Arabia Intelligent Debt Management Full time

    Intelligent Debt Management (IDM): Graduate Internship Programme 2024If you are looking for permanent employment in the Financial Services Industry, then this is the opportunity for you What you can expect from your first year at IDM:Communication with clients you are helping on an ongoing basis (no face-to-face Client Service/Sales). Exposure to the biggest...

  • Internships 2022

    1 month ago

    Cape Town, Western Cape, Saudi Arabia Intelligent Debt Management (IDM) Full time

    Intelligent Debt Management (IDM): Internship Programme 2022Have you just completed a financial industry-related qualification e.g. a National Diploma or Degree in Management, Finance, Business, Accounting or related qualification? Are you looking for permanent employment in the Financial Services Industry? If you have said yes to all the above questions,...

  • Administration Manager: Quality Control

    2 weeks ago

    Cape Town, Western Cape, Saudi Arabia Momentum Full time

    RequirementsGrade 12Business related degree preferred or recognition of prior learning5 - 7 years' client service experience in the financial services industryMinimum 5 years managerial experienceDuties & ResponsibilitiesResponsibilities and work outputsManage quality control team to deliver obsessive service excellence.Contribute to the development of a...

  • Revenue Accountant

    6 days ago

    Cape Town, Western Cape, Saudi Arabia Boldr Full time

    WHAT IS YOUR ROLEA Revenue Accountant is a specialized finance professional responsible for overseeing and managing the income generated by a company from its business activities. This role involves ensuring the accuracy and compliance of revenue-related financial transactions under accounting standards and regulations.WHY DO WE WANT YOUWe are looking for...

  • Graduate Programme 2024

    4 weeks ago

    Cape Town, Western Cape, Saudi Arabia Intelligent Debt Management (IDM) Full time

    Intelligent Debt Management (IDM): Graduate Programme 2024We are looking for intelligent and motivated graduates to join our Onboarding team as Financial Assessors, ultimately progressing into the Financial Consultant role within 6-12 months. As a Financial Assessor, you'll contact consumers who need financial assistance and have expressed their interest in...