Sanlam Group is a leading financial services provider headquartered in South Africa, offering a wide range of insurance, investment, and financial planning solutions across multiple markets.
Job Overview
- This job falls within the SLS Finance Systems & Processes team, who are the business owners of the SAP S/4HANA Finance system used by a large part of the Sanlam Group. SAP S/4HANA is the main general ledger and related sub-ledger systems.
- The main purpose of this role is to design, optimise, maintain and support financial processes (beyond the system parts of the process) across various finance-related systems, including SAP S/4HANA and related financial and reporting solutions.
- This role will guide and support stakeholders to ensure processes are working as intended, perform data analysis related to process performance, and contribute to training initiatives.
Responsibilities
- Analyse current financial processes and identify areas for improvement.
- Identify opportunities for process automation and streamlining using technology solutions.
- Conduct cost-benefit analysis to evaluate the impact of proposed process changes.
- Design and implement optimised financial processes relating to SAP S/4HANA and related financial and reporting solutions.
- Ensure processes are efficient, scalable, controlled and compliant with regulatory requirements.
- Thoroughly document existing financial processes across different departments, including data flows, decision points, and control points.
- Utilise process mapping tools to visualise workflows and identify potential bottlenecks.
- Maintain up-to-date documentation of financial processes.
- Collaborate with the team of Business Analysts in the department to ensure SAP S/4HANA and related financial and reporting solutions are effectively implemented and managed.
- Provide ongoing support to ensure financial processes are working as intended.
- Work closely, and lead workshops, with the finance community and other stakeholders to understand their needs and challenges.
- Develop and implement process improvement plans, including change management strategies.
- Guide and support stakeholders in the adoption and use of new processes and systems.
- Act as a liaison between the finance community and business analyst team to ensure seamless integration of financial processes.
- Communicate process changes effectively.
- Extract and analyse financial data from various systems to identify trends, anomalies, and areas for improvement.
- Perform data analysis to monitor the functioning of financial processes and identify potential shortcomings.
- Generate reports and presentations highlighting key performance indicators (KPIs) related to financial processes.
- Provide insights and recommendations to senior management based on process performance analysis.
- Provide guidance and input for developing financial reports and dashboards.
- Develop content for training materials related to financial processes and systems.
- Conduct training sessions in collaboration with the Business Support Analyst, where required, to ensure stakeholders are proficient in new processes and systems.
- Ensure financial processes comply with internal policies and external regulations.
- Identify and mitigate risks associated with financial processes and systems.
- Conduct regular analysis and assessments to ensure process integrity and accuracy.
Qualifications
- Bachelor’s degree in finance and accounting, or a related field.
- Qualifications or certifications in process analysis or business analysis would be advantageous.
- SAP Finance or related certifications would be advantageous.
Knowledge
- Minimum of 5 years of experience in a financial process analyst or financial business analyst role.
- Experience in a financial process analyst or financial business analyst role.
- Good experience with SAP S/4HANA, or similar ERP systems, and related financial and reporting solutions would be advantageous.
- This role requires a deep understanding of financial operations, process improvement methodologies, and multiple SAP systems.
- Strong knowledge of process improvement methodologies.
- Strong analysis and problem-solving skills.
- Excellent communication and interpersonal skills.
- Ability to build productive relationships.
- Ability to work independently and as part of a team.
- Proficiency with process mapping and documentation tools.
- Proficiency in Microsoft Office Suite, especially Excel.
Competencies
- Action Oriented
- Being Resilient
- Collaborates
- Communicates Effectively
- Cultivates Innovation
- Customer Focus
- Drives Results
- Optimizes Work Processes
- Self-Development
- Tech Savvy
Method of Application
Meet the qualifications?
Apply now at Sanlam Group on careers.sanlamcloud.co.za