Senior Manager: Secured Lending (Asset Finance & Insurance)

• To challenge the status quo and support the business in achieving its objectives and generating value.
• Assist in bringing consistency across business units regarding decision support presentations.
• Enable improved decision-making and drive corrective actions.
• Analyze actual results to proactively drive sustainable value through informed decision-making.
• Evaluate secured lending performance and conduct post-implementation reviews
• Develop accounting strategies and analyze the impact of International Financial Reporting Standards (IFRS).
• Assess the accounting impact of new services and contracts and identify operational activities affecting accounting.
• Determine IFRS guidance and international benchmarks impacting accounting policies.

Requirements:

1. Strategic Decision Support:

• Develop credibility with management to provide value-added insights and support consistent decision-making.
• Enable improved decision-making and identify corrective actions through analysis of actual results.
• Evaluate secured lending performance and conduct post-implementation reviews.

1. Accounting Strategy and Compliance:

• Develop and implement accounting strategies.
• Analyze IFRS and Group strategies to assess their impact on the business.
• Evaluate the accounting impact of new products, services, and contracts.
• Identify finance operational activities affecting Group accounting and determine relevant IFRS guidance and benchmarks.

1. Audit Management:

• Prepare and agree on the annual audit schedule with business units and external auditors.
• Define audit objectives, deliverables, and timelines in accordance with IFRS requirements.
• Schedule and coordinate the audit process, ensuring timely completion.
• Compile documentation, manage follow-up actions, and ensure audit findings are addressed within the allocated time frame.

1. Statutory Compliance:

• Identify and interpret statutory requirements, guidelines, and IFRS.
• Manage and review changes or amendments to ensure compliance with IFRS.
• Monitor compliance to achieve statutory requirements within the allocated time frame.

1. Financial Management and Reporting:

• Oversee the record-to-report process and develop accounting policies and operational procedures.
• Manage balance sheet accounts and inter-company processes.
• Support FP&A with the budgeting process.
• Help oversee treasury and cash management, foreign currency management, and cash flow forecasting.
• Review and approve purchase requisitions/orders in line with Fraxion approval limits.
• Ensure business decisions adhere to the governance framework.
• Establish and manage a strategic working capital function.
• Monitor and manage operating expenses within budget guidelines.