Permanent Executive Group Finance | Rand Mutual Vacancies
Job Description
Rand Mutual Vacancies – Executive: Group Finance
Location: Parktown, Johannesburg
Company: Rand Mutual
Job Type: Permanent
Job Sector: Finance
Executive: Group Finance – Rand Mutual
THE JOB AT A GLANCE
As the Executive: Group Finance at Rand Mutual, you will oversee financial reporting, operational finance, and business insights analysis to support strategic decision-making. You will drive financial change initiatives, ensuring the Finance division delivers intelligent insights and transactional excellence, positioning RMA as a Business of Significance.
WHAT WILL YOU DO?
Financial and Regulatory Reporting
- Review Group annual financial statements for compliance with latest standards
- Oversee all Group regulatory returns (SARB, SARS, FSB) – Quarterly & Annual
- Provide financial and qualitative inputs for ORSA, including 5-year projections and SAM compliance
- Strengthen internal controls and address IFRS accounting queries
- Review investment and regulatory policies
- Support risk management with qualitative regulatory inputs
- Deliver financial reports and insights to leadership with actionable recommendations
- Ensure sound financial control, policy adherence, and accurate reporting
Financial Analysis
- Monitor and evaluate Group profitability
- Drive cost reduction initiatives across the organization
- Benchmark competitor performance and identify operational improvements
- Advise management on financial results and optimization strategies
- Collaborate with Actuarial on product pricing and target costing
- Manage capital budgeting, discounted cash flow analysis, and cost reviews
- Oversee budget preparation, WIP variance analysis, and cost model validation
- Develop key financial ratios and statistical reporting
Financial Operations Oversight
- Optimize transactional efficiency through robust internal processes
- Establish KPIs to monitor operational delivery
- Ensure compliance with procurement, COIDA Act, and premium collection targets
Investment & Business Opportunity Evaluation
- Analyze feasibility and profitability of new investments
- Conduct financial modeling for risk/return assessments
- Lead M&A valuations with the Corporate Finance Specialist
- Present investment proposals to senior leadership
- Advise Executive Committee and Board on capital allocation
- Structure financial aspects of commercial agreements
Leadership & Compliance
- Lead the finance team with strategic goal-setting and operational excellence
- Ensure compliance with auditing, legislation, and statutory requirements
- Mitigate financial risks and provide company-wide business insights
WHAT YOU’LL BRING TO THE TABLE
- NQF Level 7: BCom with Articles
- CA (SA) qualification
- 8+ years post-qualification experience (5+ years in senior management)
- Strong commercial acumen, analytical skills, and financial services background
- Proficiency in IFRS 17 and advanced IT skills
WHAT WILL YOU GET IN RETURN?
Join a 128-year-old stable organization with growth opportunities, competitive compensation, and flexible work arrangements. Be part of a collaborative team dedicated to excellence.
Closing Date: [Specify if applicable]
Our Commitment to Transformation
Rand Mutual Assurance promotes employment equity. Preference may be given to candidates from underrepresented groups in alignment with our equity plan.
Turnaround Time
Shortlisting begins after the application deadline. Unsuccessful applicants will be notified within 21 days if not progressed.
APPLY NOW
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