We are hiring: Assistant finance manager – treasury

Position: Assistant Finance Manager – Treasury

Company: Sanlam Allianz

Business areas: Life Insurance • General Insurance • Investments

Job purpose

Dealing with reconciliations and payments within the Company. Daily operational issues such as preparation of journal vouchers, cheque replacement and generating transactions into the ledgers.

Main responsibilities

• Bank Reconciliation Oversight & Control: Support the Finance Manager in overseeing the preparation and review of monthly bank reconciliations, ensuring completeness, accuracy, and timely submission. Follow up on reconciling items and drive resolution of outstanding issues to maintain clean and audit-ready balances.
• Cash Flow Monitoring & Liquidity Management: Assist in monitoring daily and projected cash inflows and outflows to ensure optimal liquidity for operational claims obligations. Support effective allocation of funds across collection and disbursement accounts to facilitate smooth and timely payments to stakeholders.
• Treasury Operations & Investment Execution: Support the execution of treasury strategies by ensuring excess funds are promptly invested in approved instruments (e.g., Treasury Bonds, fixed deposits, call accounts) in line with company policy. Maintain proper documentation of all investment transactions, including certificates and withholding tax records.
• Payments Management & Controls: Oversee the payments process to ensure all disbursements are processed accurately, authorized in line with the Delegation of Authority (DOA), and executed within agreed timelines. Strengthen controls around payment validation, bank uploads, and approvals to minimize operational and fraud risks.
• Systems Reconciliation & Process Support: Support system integration and reconciliation between core systems (e.g., Premia and Sage), ensuring data integrity across underwriting, finance, and treasury modules. Assist in system enhancements, testing, and implementation of automation initiatives.
• Balance Sheet Reconciliations & Ledger Integrity: Ensure timely reconciliation of treasury-related balance sheet accounts, including bank accounts, other receivables, and clearing accounts. Investigate and resolve variances to maintain accuracy of financial records.
• Financial & Regulatory Reporting: Support the preparation of treasury-related reports, including monthly investment reports, IDS submissions, and regulatory returns. Ensure all reports are accurate, complete, and submitted within required timelines.
• Audit Support & Compliance: Act as a key point of contact for internal and external audits on treasury and payments matters. Provide required documentation and explanations promptly, ensuring compliance with internal policies and regulatory requirements.
• Operational Efficiency & Continuous Improvement: Drive improvements in treasury and payments processes through automation, standardization, and strengthened controls. Support initiatives aimed at enhancing reconciliation efficiency, reducing manual intervention, and improving turnaround times.

Education

Bachelor’s degree in accounting or related field, CPA or similar qualifications

Experience

Minimum three (4) years’ experience in accounting operations.

Required skills

• Information Management
• Reconciliation
• Financial Reporting

• Bank Reconciliation Oversight & Control: Support the Finance Manager in overseeing the preparation and review of monthly bank reconciliations, ensuring completeness, accuracy, and timely submission. Follow up on reconciling items and drive resolution of outstanding issues to maintain clean and audit-ready balances.
• Cash Flow Monitoring & Liquidity Management: Assist in monitoring daily and projected cash inflows and outflows to ensure optimal liquidity for operational claims obligations. Support effective allocation of funds across collection and disbursement accounts to facilitate smooth and timely payments to stakeholders.
• Treasury Operations & Investment Execution: Support the execution of treasury strategies by ensuring excess funds are promptly invested in approved instruments (e.g., Treasury Bonds, fixed deposits, call accounts) in line with company policy. Maintain proper documentation of all investment transactions, including certificates and withholding tax records.
• Payments Management & Controls: Oversee the payments process to ensure all disbursements are processed accurately, authorized in line with the Delegation of Authority (DOA), and executed within agreed timelines. Strengthen controls around payment validation, bank uploads, and approvals to minimize operational and fraud risks.
• Systems Reconciliation & Process Support: Support system integration and reconciliation between core systems (e.g., Premia and Sage), ensuring data integrity across underwriting, finance, and treasury modules. Assist in system enhancements, testing, and implementation of automation initiatives.
• Balance Sheet Reconciliations & Ledger Integrity: Ensure timely reconciliation of treasury-related balance sheet accounts, including bank accounts, other receivables, and clearing accounts. Investigate and resolve variances to maintain accuracy of financial records.
• Financial & Regulatory Reporting: Support the preparation of treasury-related reports, including monthly investment reports, IDS submissions, and regulatory returns. Ensure all reports are accurate, complete, and submitted within required timelines.
• Audit Support & Compliance: Act as a key point of contact for internal and external audits on treasury and payments matters. Provide required documentation and explanations promptly, ensuring compliance with internal policies and regulatory requirements.
• Operational Efficiency & Continuous Improvement: Drive improvements in treasury and payments processes through automation, standardization, and strengthened controls. Support initiatives aimed at enhancing reconciliation efficiency, reducing manual intervention, and improving turnaround times.

• Information Management
• Reconciliation
• Financial Reporting

• Bachelor’s degree in accounting or related field, CPA or similar qualifications