A key player in the automotive insurance sector is seeking a highly skilled and experienced Finance Manager to oversee and drive the financial operations of the business. The ideal candidate will have a strong background in financial management, reporting, and strategic decision-making within the insurance or automotive-related financial services environment. This is an excellent opportunity for a proactive finance professional to contribute to the growth and efficiency of a leading organization in the industry.

Responsibilities

General Accounting & Financial Management

• Oversee and manage the day-to-day financial operations of the business within the automotive insurance environment.

• Prepare budgets, forecasts, and monthly flash results to support operational and actuarial planning.

• Conduct Gross Profit (GP) and claims cost analysis to support underwriting and pricing decisions.

• Prepare and present monthly management reports and financial statements in line with insurance reporting standards.

• Develop and implement financial strategies aligned to business objectives, including premium management and claims expenditure control.

• Manage and approve credit notes, ensuring proper alignment with policy adjustments and customer accounts.

• Monitor cash flow, budgets, and forecasts, providing recommendations to improve financial performance and operational efficiencies.

• Ensure compliance with regulatory requirements (e.g., FSCA, IFRS 17 exposure) and maintain strong internal controls.

• Lead cost-optimization initiatives across claims, commissions, and operational spend.

• Supervise, mentor, and develop the finance team to ensure high performance.

• Provide financial support to operational, underwriting, and claims departments.

• Review payroll outputs and perform variance/accuracy analysis.

• Oversee cashbook management and daily banking activities.

• Manage annual rate reviews and implement premium or pricing adjustments.

Debtors & Creditors Management

• Direct and supervise the Accounts Receivable and Accounts Payable functions.

• Manage debtor age analysis, premium collections, and invoice submissions to brokers and partners.

• Oversee allocation accuracy for premiums, recoveries, and payments.

• Approve credit limits and credit notes, ensuring alignment with underwriting guidelines.

• Manage intercompany creditors within multi-entity insurance structures.

• Review payments and reconciliations for all third-party creditors, including brokers, assessors, and service providers.

Requirements

• Bachelor of Commerce (BCom) Degree in Accounting, Finance, or a related field.

• Bachelor of Commerce Honours (BCom Hons) in Accounting, Finance, or a related discipline.

• Completed SAICA or SAIPA Articles, demonstrating professional accounting competency and adherence to South African auditing and financial reporting standards.

• Minimum 5 years’ experience in financial management, preferably within insurance, financial services, or automotive-related sectors.

• Strong knowledge of financial reporting, analysis, and strategic financial planning.

• Proven ability to drive informed financial decision-making across underwriting, claims, and operations.

• Advanced proficiency in financial systems and MS Excel.

• Excellent communication, leadership, and stakeholder management skills.

• Strong attention to detail with solid problem-solving abilities.

Benefits

• Salary: Based on experience and qualifications.

• Contact Hire Resolve for your next career-changing move today

  • Apply for this role today, contact Gustav Vogel at Hire Resolve or on LinkedIn
  • You can also visit the Hire Resolve website: hireresolve.us or email us your CV: [email protected]
  • Please use "Finance Manager" as your subject line when applying via email 

  We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will put your CV on file and contact you regarding any future