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Head: Scheme Finance

Vacancy Details

Reference No.

TN8-44242

Synopsis

A financial services provider is seeking to employ a Head of Scheme Finance to have an oversight of the Scheme Finance functions of 11 schemes. This includes oversight of non-medical scheme complementary products and the preparation, interpretation and presentation of accurate financial information to stakeholders on a regular basis.

Description

  • Oversee the delivery of accurate and relevant management reports and analysis that add value and insight for the business
  • Manage the implementation and adherence to financial controls and ensure that authorisation levels are adhered to and raise any exceptions with the relevant stakeholder
  • Implement process improvements in order to enhance financial management processes and creates efficiencies
  • Ensures the preparation and provision of the necessary documentation to complete timely audit
  • Contribute to the internal and external audit process and resolve any audit queries within deadlines
  • Oversee the management of the debtors’ book within the debt mandate and ensuring a client-centric approach
  • Oversee the management of the debt collections process with the overall objective of increasing the value of debt collected and reducing the amount of debt created
  • Manage relationships with scheme stakeholders
  • Provide input into operational finance components for complementary products
  • Managing operational finance process efficiencies for complementary products
  • Providing input into the operational finance reporting and system requirements for new complementary products being developed and enhancement to existing products
  • Ensures accurate financial information, monthly management accounts and annual financial statements is submitted timeously to internal and external stakeholders
  • Implement system improvements in order to enhance financial management processes and create efficiencies
  • Build, develop and grow any business relationship that is vital to the achievement of the strategic objectives
  • Provide authoritative, expertise and advice to clients and stakeholders
  • Build and maintain relationships with clients and internal and external stakeholders
  • Effectively lead and manage the scheme finance team to achieve strategic objectives
  • Implement and compile budgets to minimise expenditure in alignment with tactical delivery plans
  • Control the budget for area, including the authorisation of expenditures and implementation of financial regulations
  • Manage high risk and problematic financial issues in area of accountability and contribute to the development of policy

Requirements

Qualifications and Experience

  • CA (SA)
  • Minimum of 8 years’ relevant experience
  • Experience in the medical scheme financial accounting and reporting
  • Understanding of medical insurance products
  • Understanding of the billing, membership and collections environment
  • Understanding of the corporate finance environment

 

Requirements and Skills

  • Strong business acumen
  • Customer / stakeholder commitment
  • Drive for results
  • Leads change and innovation
  • Motivating and inspiring team
  • Collaboration
  • Impact and influence
  • Self-awareness and insight
  • Diversity and inclusiveness
  • Growing people talent

 

Kindly note, if you have not heard from us within two weeks of your application please consider it unsuccessful

Position Type

Permanent

Work Level

Senior

Salary

Market Related

Industry

Banking/Finance And Investment

Salary Type

Monthly

Package

Cost To Company

Affirmative Action

No

Geographic Location

Kwazulu Natal - Durban