Senior Finance Business Partner (Parktown) at Rand Mutual – RMA

Company: Rand Mutual – RMA

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Rand Mutual - RMA

Industry: Insurance

Posted: Sep 6, 2025

Deadline: Not specified

Job Type: Full Time

Qualification: Bachelors

Experience: 8 – 10 years

Location: Gauteng

City:

Field: Finance / Accounting / Audit

THE JOB AT A GLANCE

  • The Senior Finance Business Partner is responsible for providing strategic financial leadership, analysis, and support to operational business units across the organization.
  • This role involves driving financial strategies, translating complex financial data into actionable insights, and facilitating effective decision-making processes to enhance business performance and profitability in alignment with the organization’s long-term goals and objectives.
  • The position will strengthen financial management capabilities while supporting key strategic business initiatives.

WHAT WILL YOU DO?

Strategic Financial Leadership

  • Manage the development and implementation of financial strategies aligned with the organization’s five-year business plan.
  • Enhance profitability through effective management of binder, tech charge out, and admin charge out processes.
  • Provide comprehensive financial support for new deals, business onboarding, and business case analysis.
  • Present monthly financial updates at divisional EXCO/LeadCo meetings, providing leadership with actionable insights.
  • Manage relationships with subsidiaries and associates, ensuring consistent financial practices across the business.
  • Direct and oversee the work of Production Business Partners to ensure alignment with strategic financial objectives.

Financial Analysis & Support

  • Manage the delivery of sophisticated financial analysis and interpretation of business performance data to senior management.
  • Develop and implement financial strategies and initiatives to drive operational excellence and strategic growth.
  • Identify and analyze complex financial trends, opportunities, and risks, presenting strategic recommendations to senior leadership.
  • Partner with executive stakeholders to develop innovative financial solutions that support organizational objectives.
  • Provide expert financial guidance to non-finance stakeholders to enable informed strategic decision-making.

Forecasting & Planning

  • Direct & manage the quarterly financial forecasting processes, ensuring accuracy and strategic alignment.
  • Develop advanced financial models to support strategic business planning and executive decision-making.
  • Analyze forecast variances and collaborate with senior business leaders to implement strategic corrective actions.
  • Lead components of the annual budgeting process, providing high-level financial expertise and strategic insights.
  • Implement and enhance forecasting tools and methodologies to improve accuracy and efficiency.

Project Support & Investment Analysis

  • Lead financial analysis for capital expenditure proposals and complex business cases.
  • Manage finance strategic projects (GL, procurement, Budget tool, GRID, etc.) that are vital to operational efficiency and growth.
  • Conduct comprehensive assessments of financial implications for major projects and strategic initiatives.
  • Monitor financial performance of strategic projects, providing executive-level reporting on variances.
  • Guide project teams to ensure financial considerations are strategically addressed throughout project lifecycles.

Risk Management & Compliance

  • Lead scenario modelling to assess business risks and aid executive decision-making.
  • Ensure robust compliance with financial policies, procedures, and controls across multiple business areas.
  • Identify, assess, and report on financial risks with potential organizational impact.
  • Develop and implement risk mitigation strategies in collaboration with finance leadership.
  • Direct stress testing and sensitivity analysis for key strategic business initiatives

Stakeholder Management

  • Build and maintain strategic relationships with key executive stakeholders across the organization.
  • Translate complex financial information into clear, actionable insights for senior leadership.
  • Serve as a key liaison with the People Team on all remuneration matters, including incentive scheme calculations and design.
  • Represent the finance function in high-level cross-functional meetings and strategic project teams.
  • Communicate financial performance and strategic insights effectively to executive management.

Performance Measurement

  • Oversee the calculation of KPIs & performance scorecards for business units.
  • Partner with HR to lead performance measurement relating to incentive schemes and remuneration structures.
  • Lead ASR processes in collaboration with the HR department.
  • Direct engagement with the actuarial department on reporting of value-add metrics (EV, RoEV, VNB, VIF, etc.)
  • Design and implement performance measurement frameworks aligned with strategic objectives.

WHAT YOU’LL BRING TO THE TABLE?

  • Bachelor’s degree in Finance, Accounting, Business Administration, or related field.
  • Professional accounting certification (CA (SA), CIMA) is mandatory.
  • Advanced Excel and financial modeling skills.
  • Minimum 8-10 years of experience in financial analysis, business partnering, or related finance roles.
  • At least 3-5 years in a senior financial management or leadership position.
  • Proven experience in supporting executive-level decision-making with financial analysis and insights.
  • Extensive experience in strategic forecasting, budgeting, and financial planning processes.
  • Demonstrated success in managing finance strategic projects and complex business case development.
  • Experience in developing financial reports and presentations for executive audiences.

Click here to apply

  • The Senior Finance Business Partner is responsible for providing strategic financial leadership, analysis, and support to operational business units across the organization.
  • nt

  • This role involves driving financial strategies, translating complex financial data into actionable insights, and facilitating effective decision-making processes to enhance business performance and profitability in alignment with the organization’s long-term goals and objectives.
  • nt

  • The position will strengthen financial management capabilities while supporting key strategic business initiatives.
  • n

    nn

    WHAT WILL YOU DO?

    nn

    Strategic Financial Leadership

    nn

      nt

    • Manage the development and implementation of financial strategies aligned with the organization’s five-year business plan.
    • nt

    • Enhance profitability through effective management of binder, tech charge out, and admin charge out processes.
    • nt

    • Provide comprehensive financial support for new deals, business onboarding, and business case analysis.
    • nt

    • Present monthly financial updates at divisional EXCO/LeadCo meetings, providing leadership with actionable insights.
    • nt

    • Manage relationships with subsidiaries and associates, ensuring consistent financial practices across the business.
    • nt

    • Direct and oversee the work of Production Business Partners to ensure alignment with strategic financial objectives.
    • n

    nn

    Financial Analysis & Support

    nn

      nt

    • Manage the delivery of sophisticated financial analysis and interpretation of business performance data to senior management.
    • nt

    • Develop and implement financial strategies and initiatives to drive operational excellence and strategic growth.
    • nt

    • Identify and analyze complex financial trends, opportunities, and risks, presenting strategic recommendations to senior leadership.
    • nt

    • Partner with executive stakeholders to develop innovative financial solutions that support organizational objectives.
    • nt

    • Provide expert financial guidance to non-finance stakeholders to enable informed strategic decision-making.
    • n

    nn

    Forecasting & Planning

    nn

      nt

    • Direct & manage the quarterly financial forecasting processes, ensuring accuracy and strategic alignment.
    • nt

    • Develop advanced financial models to support strategic business planning and executive decision-making.
    • nt

    • Analyze forecast variances and collaborate with senior business leaders to implement strategic corrective actions.
    • nt

    • Lead components of the annual budgeting process, providing high-level financial expertise and strategic insights.
    • nt

    • Implement and enhance forecasting tools and methodologies to improve accuracy and efficiency.
    • n

    nn

    Project Support & Investment Analysis

    nn

      nt

    • Lead financial analysis for capital expenditure proposals and complex business cases.
    • nt

    • Manage finance strategic projects (GL, procurement, Budget tool, GRID, etc.) that are vital to operational efficiency and growth.
    • nt

    • Conduct comprehensive assessments of financial implications for major projects and strategic initiatives.
    • nt

    • Monitor financial performance of strategic projects, providing executive-level reporting on variances.
    • nt

    • Guide project teams to ensure financial considerations are strategically addressed throughout project lifecycles.
    • n

    nn

    Risk Management & Compliance

    nn

      nt

    • Lead scenario modelling to assess business risks and aid executive decision-making.
    • nt

    • Ensure robust compliance with financial policies, procedures, and controls across multiple business areas.
    • nt

    • Identify, assess, and report on financial risks with potential organizational impact.
    • nt

    • Develop and implement risk mitigation strategies in collaboration with finance leadership.
    • nt

    • Direct stress testing and sensitivity analysis for key strategic business initiatives
    • n

    nn

    Stakeholder Management

    nn

      nt

    • Build and maintain strategic relationships with key executive stakeholders across the organization.
    • nt

    • Translate complex financial information into clear, actionable insights for senior leadership.
    • nt

    • Serve as a key liaison with the People Team on all remuneration matters, including incentive scheme calculations and design.
    • nt

    • Represent the finance function in high-level cross-functional meetings and strategic project teams.
    • nt

    • Communicate financial performance and strategic insights effectively to executive management.
    • n

    nn

    Performance Measurement

    nn

      nt

    • Oversee the calculation of KPIs & performance scorecards for business units.
    • nt

    • Partner with HR to lead performance measurement relating to incentive schemes and remuneration structures.
    • nt

    • Lead ASR processes in collaboration with the HR department.
    • nt

    • Direct engagement with the actuarial department on reporting of value-add metrics (EV, RoEV, VNB, VIF, etc.)
    • nt

    • Design and implement performance measurement frameworks aligned with strategic objectives.
    • n

    nn

    WHAT YOU'LL BRING TO THE TABLE?

    nn

      nt

    • Bachelor’s degree in Finance, Accounting, Business Administration, or related field.
    • nt

    • Professional accounting certification (CA (SA), CIMA) is mandatory.
    • nt

    • Advanced Excel and financial modeling skills.
    • nt

    • Minimum 8-10 years of experience in financial analysis, business partnering, or related finance roles.
    • nt

    • At least 3-5 years in a senior financial management or leadership position.
    • nt

    • Proven experience in supporting executive-level decision-making with financial analysis and insights.
    • nt

    • Extensive experience in strategic forecasting, budgeting, and financial planning processes.
    • nt

    • Demonstrated success in managing finance strategic projects and complex business case development.
    • nt

    • Experience in developing financial reports and presentations for executive audiences.
    • n

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