Deputy Chief Financial Officer | Affinity Health

Affinity Health Careers  – Deputy Chief Financial Officer

We are seeking a Deputy Chief Financial Officer to join our team at our Medical Insurance Company based in Benoni, Gauteng. As the Deputy Chief Financial Officer, you will play a crucial role in providing strategic financial insights, leading the finance team, and ensuring compliance with regulatory bodies.

Key Performance Areas:

• Compilation and signing off of Annual Financial Statements
• Financial analysis and reporting
• Advising and supporting management in financial planning and control
• Ensuring tax compliance
• Compliance with regulatory requirements
• Management of company assets

Key Tasks

Compilation and Signing Off of Annual Financial Statements:

• Develop accurate and timely financial statements and reports
• Conduct audit trails on selected transactions
• Prepare and review financial statements regularly
• Substantiate financial transactions by auditing documents
• Summarize current financial status by collecting information and preparing balance sheets and profit and loss statements

Financial Analysis and Reporting:

• Use accounting information systems to produce reports and analyze accounting data
• Perform financial forecasting and budgeting
• Identify and recommend potential business opportunities
• Prepare asset, liability, and capital account entries
• Maintain customer confidence and protect operations by keeping financial information confidential

Advising and Supporting Management:

• Develop and maintain internal controls
• Liaise with clients and maintain financial security through internal controls
• Prepare, monitor, and maintain accounting records
• Advise management on financial matters and recommend improvements
• Work closely with corporate and divisional management to minimize risk, control costs, and meet financial goals

Ensuring Tax Compliance:

• Perform tax-related duties for the company and report accordingly
• Monitor new tax and regulatory requirements and advise management accordingly
• Ensure compliance with all relevant regulatory requirements

Management of Company Assets:

• Maintain a complete register of company assets
• Analyze, audit, and value assets regularly for investment decisions
• Ensure compliance with asset management policies

Essential Qualifications:

• Bachelor’s Degree in Accounting or Finance
• Honours Degree in Accounting
• Registered as a Chartered Accountant (SA)

Essential Experience:

• Minimum 10 to 15 years’ experience in accounting or finance management roles
• Financial analysis and modeling experience
• Deal structuring experience
• Proficiency in financial reporting requirements
• Experience with accounting software, preferably Sage

Desirable Experience:

• Awareness of the insurance industry or high-level economic trend analysis

Knowledge and Skills:

• Strong knowledge of GAAP and IFRS
• Advanced reporting and analytical skills
• Proficiency in spreadsheets and accounting software
• Ability to interpret financial statements and develop budget forecasts
• Strong communication skills and ability to interact with all levels of management
• Ability to influence decision-making at the executive level

Attributes:

• Problem-solving attitude
• Attention to detail
• Entrepreneurial mindset
• Ability to work under pressure and manage complex workloads
• Strong organizational and prioritization skills
• Leadership skills to manage high-performance teams
• Ability to detect and manage underperformance
• Honest, hardworking, and humble