Financial Accountant

Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

This role will report to the Finance Manager within the Cluster Consolidation Team in Old Mutual Wealth’s Finance team. It requires an individual with a passion for financial management, driving reporting timelines of financial results and execution on the business plan, while managing governance and compliance at an operational level. This position is individually accountable for achieving results through others, over periods of three months to one year.

Key responsibilities will include amongst others the following:

• Providing insights into accounting policies and technical opinions.
• Supporting the Finance Manager on the delivery of consolidated reporting requirements, audit management, tax management as well as governance and compliance.
• Preparing tax workings and returns in line with Group Tax and statutory requirements.
• Liaising and coordinating with the Old Mutual Group Tax Team and subsidiary companies for the compilation and timely submission of tax returns and information.
• Generating internal management reports.
• Develops, reports on, and interprets cost drivers, KPIs and benchmarks.
• Analyses and reports on variances.
• Providing commentary on financial results and implications and advising on corrective action to be taken.
• Interacting with business unit line managers on financial outcomes, expense trends, etc.
• Supporting the execution of a business plan.
• Accountability for governance and compliance at an operational level.
• Maintaining suitable financial control environment.
• Responsibility for audit liaisons as per tax, legislative and statutory requirements.

Qualifications and Experience required:

• A commercial qualification is desirable with a preference for a Chartered Accountant from a large audit firm. 
• Financial Services experience is preferred.
• HFM experience is desirable.
• IT skills with an aptitude and eagerness to learn various IT applications and platforms.
• Strong work ethic, self-motivated and demonstrable high standards of achievement.
• Strong interpersonal skills and ability to work in diverse teams as well as independently.
• Excellent attention to detail.
• Ability to work under pressure and tight deadlines.

Manage the maintenance of the organisation's general ledger and accounting records.

ResponsibilitiesFinancial Policies, Guidelines, and Protocols

Create a plan to deliver and review financial policies, guidelines, and protocols to ensure the company complies with regulations and good financial practice.

Financial Management and Control

Develop and/or deliver a plan for significant aspects of the financial management and/or control process.

Financial Information Systems

Support the implementation of financial systems process changes and enhancements; ensure all changes are effectively implemented.

Data Collection and Analysis

Conduct research using primary data sources, and select information needed for the analysis of key themes and trends.

Leadership and Direction

Communicate the local action plan; explain how this relates to the function's strategy and action plan and to the broader organization's mission and vision; motivate people to achieve local business goals.

Operational Compliance

Maintain and renew a deep knowledge and understanding of the organization's policies and procedures and of relevant regulatory codes and codes of conduct, and ensure own work adheres to required standards. Or identify, within the team, patterns of noncompliance with the organization's policies and procedures and with relevant regulatory codes and codes of conduct, taking appropriate action to report and resolve these and escalating issues as appropriate.

Performance Management

Develop and propose own performance objectives; take appropriate actions to ensure achievement of agreed objectives, using the organization's performance management systems to improve personal performance. Or manage and report on team performance; set appropriate performance objectives for direct reports or project/account team members and hold people accountable for achieving them, taking appropriate corrective action where necessary to ensure the achievement of team/personal objectives.

Organizational Capability Building

Use the organization's formal development framework to identify the team's individual development needs. Plan and implement actions to build their capabilities. Provide training or coaching to others throughout the organization in own area of expertise to enable others to improve performance and fulfill personal potential.

Budgeting

Deliver a budget for an area of the organization or conduct complex analyses on budget progress in other areas of the organization.

Information and Business Advice

Provide specialist advice on the interpretation and application of policies and procedures, resolving queries and issues and referring very complex or contentious issues to others.

Skills

Accounting, Budget Management, Business Requirements Analysis, Data Controls, Evaluating Information, Financial Accounting, Financial Acumen, Financial Analysis, Financial Auditing, Financial Modeling, Legal Practices, Management Accounting, Policies & Procedures, Report Review

Competencies

Business InsightCommunicates EffectivelyEnsures AccountabilityFinancial AcumenManages ComplexityOptimizes Work ProcessesOrganizational SavvyPlans and Aligns

Education

NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent

Closing Date

14 April 2025 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

The Old Mutual Story!