Financial Accountant: Bellville - Sanlam Life and Savings


ADVERTISEMENT - SCROLL DOWN ↓





Sanlam Group Accounting / Finance Jobs in Western Cape


Thinking about applying?

Before you submit your application, take a moment to go through all the details carefully.

Scroll down to read the full job description, including responsibilities, requirements, and benefits — and see if it’s the right fit for you.



ADVERTISEMENT - JOB DESCRIPTION BELOW ↓





What will you do?

Reporting to the SRS Financial Manager, the Financial Accountant will support the finance operations of the SRS business. The Financial Accountant is responsible for effective cost management within the SLS governance framework (including actual cost, budgeting and forecasting), day-to-day procure to pay process, month-end income statement and balance sheet reconciliations or analysis, journal processing, credit card reconciliations, compilation of scorecard, capturing of Risk schedules and Financial losses on the Sanlam Risk management system, as well as any other financial tasks listed below.

The key responsibilities of the role include the following:

  • Effective cost management and reporting
  • Monthly variance analysis and cost investigations
  • Monthly cost reporting to business unit Head of Departments
  • Budgeting and forecasting
  • Monthly update of HR file and IT MIS report reconciliation to general ledger. Variance to be communicated and resolved within a timely manner.
  • Solving financial enquiries, investigations and problems on time and in an effective manner.
  • Ensure effective controls and procedures are in place to adhere to approval framework.
  • Administration, planning and organising of work to ensure successful and on-time delivery.


ADVERTISEMENT - CONTINUE READING BELOW ↓

CONTINUE BELOW ↓


  • Process journals on SAP, including provisions and accrual transactions.
  • Approve payments in accordance with the SRS approval framework on SAP.
  • Support business with SAP 4 Hana (which includes MDG Support on creating materials, etc.).
  • Pro-active management and control of accounts – i.e. GR/IR and Down Payments.
  • Attend to credit card reconciliations.
  • Prepare input to yearly budget process and connect with Business heads to provide any changes, as required.
  • Yearly load of new budgets and monthly load of forecast to SAP.
  • Report in-force units and policies.
  • Compile (obtain, supply input and address outstanding items) the following documentation on a quarterly basis:
  • SRS Scorecard
  • SRS Risk Register
  • SRS Financial losses
  • SRS Treating Customers Fairly (TCF) report
  • Assist with FCA models and cost allocation investigations when needed.
  • Ad hoc tasks and projects.

What will make you successful in this role?

Qualifications:

  • Relevant financial degree with accounting as a major subject.

Experience:

  • At least 4 years’ experience in cost management.  
  • Exposure to SAP S4 Hana will be an advantage.

Knowledge:

  • Sound financial services industry knowledge.
  • Insurance industry knowledge will be an advantage.
  • Knowledge of financial reporting and cost management.

Competencies:

  • Communicates effectively (verbal and written)
  • Financial acumen
  • Decision quality
  • Analytical thinking
  • Cultivates innovation
  • Order and accuracy
  • Plans and aligns
  • Drives results
  • Customer focus
  • Collaborates
  • Influencing/gaining commitment
  • Independence
  • Being resilient


ADVERTISEMENT - CONTINUE READING BELOW ↓

CONTINUE BELOW ↓


👉 STOP: Ready to Apply?

Don't miss out on this opportunity! Carefully review the job details one last time. Once you're ready, scroll down to the bottom of this page to access the How to apply button.

Hurry—applications for this cycle are closing soon!


← View More Accounting / Finance Jobs

ADVERTISEMENT - APPLY BUTTON BELOW ↓

CONTINUE BELOW ↓





🔥 SIMILAR JOBS YOU MAY LIKE → APPLY


DSPA VACANCIES & GOVERNMENT JOBS IN SOUTH AFRICA TODAY

JobSearch South Africa is your most reliable website for latest jobs in South Africa today. If you are interested in getting genuine and reviewed job vacancies in South Africa from the best companies, then you are in the right place. Browse For DPSA vacancies, Government jobs & More. You can find LinkedIn jobs and Indeed jobs, here

LEARNERSHIPS, APPRENTICESHIPS, AND TRAINEESHIPS IN SOUTH AFRICA

Discover the latest learnerships, internships, apprenticeships, and graduate trainee programs across South Africa. Whether you're looking for opportunities in engineering, IT, finance, healthcare, HR, or government sectors, we connect job seekers with top training programs offered by SETA-accredited institutions and global companies. Get career development tips, CV writing help, and professional advice for workplace readiness.

Explore youth employment initiatives, workplace skills training, and certified NQF-based programs that help you earn while you learn. Start building your future with industry-relevant training in Johannesburg, Cape Town, Durban, and across South Africa.

APPLY FOR FULLY FUNDED SCHOLARSHIPS ON MYCOLLEGEMAG

MyCollegeMag is your most reliable website for latest fully funded Scholarships for african and international students to study abroad today. If you are interested in getting genuine and reviewed Scholarships from the top universities, then you are in the right place. Browse For Undergraduate and Postgraduate Scholarships, Government Scholarships & More. You can find top scholarship opportunities today on MyCollegeMag

JOB OPPORTUNITIES IN GHANA AND SOUTH AFRICA


Discover the latest job vacancies in Ghana and South Africa across top industries including finance, healthcare, IT, logistics, customer support, and remote work. Whether you're based in Accra, Johannesburg, Cape Town, or Kumasi, find trusted career listings, CV building resources, and cover letter writing tips to help you get hired faster. Our job board features opportunities in government, NGOs, internships, graduate programs, and international companies hiring in Africa.

EXPLORE REMOTE JOBS, ONLINE WORKS, AND FREELANCE OPPORTUNITIES

Work from anywhere with flexible remote jobs and freelance projects in tech, content writing, customer service, design, data entry, and virtual assistance. Whether you're in Ghana, South Africa, or abroad, start earning online with global companies hiring remote workers. Access guides for setting up your freelance profile, optimizing your CV for remote roles, and tips to get hired on platforms like Upwork, Fiverr, and Freelancer. Perfect for students, stay-at-home parents, and professionals looking to work from home. Discover online job opportunities that fit your skills and schedule — start your remote career today.

Receive daily job alerts, explore career development advice, and access tools that support job seekers, recruiters, and professionals at all stages of their careers.

BEST PERSONAL LOAN AND SALARY MANAGEMENT TIPS FOR PROFESSIONALS

Manage your salary wisely. From budgeting and savings to online loans, mobile money comparisons, tax filing, and personal insurance — get the financial knowledge you need to succeed in your new role. Our expert tips help job seekers and professionals across the world take control of their money and plan ahead.

🔗 Visit our Personal Finance Hub for career-driven financial advice.

TOP CAREER ARTICLES FROM EXPERTS

The job market in South Africa offers diverse opportunities, with high-paying roles available across sectors such as IT, finance, engineering, and healthcare. Many job seekers aim for government jobs, which provide stability, or pursue growing fields like data science and project management. With the rise of remote jobs in South Africa, professionals in accounting, legal, and medical fields can now work flexibly. In-demand positions also include teaching and nursing jobs, reflecting the need for skilled professionals. Mining, a key industry, consistently hires for various roles, while driver jobs remain popular, especially in logistics and delivery. These career options offer competitive pay and job security.

Need help creating a professional CV for jobs in South Africa? Learn the latest CV writing tips, how to write a compelling cover letter, and techniques for making your job application stand out. Our platform helps job seekers build strong resumes for banking jobs, NGO positions, public sector roles, and more.

We provide guidance on how to prepare for interviews, including common interview questions in South Africa, online interview tips, and proper dress code for formal job interviews. Whether you're applying for entry-level jobs, graduate internships, or technical positions, these tools will boost your chances of getting hired.

Discover how to apply for jobs online, track recruitment portals, and get updates on walk-in interviews, national service opportunities, and career development courses in South Africa. Let us help you land your dream job with the best CV and interview preparation.