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

Key responsibilities will include amongst others:

Financial Reporting

Compiles and populates records to Trial Balance level (capturing and processing of cashbook entries, preparation and submitting of journal entries, including calculations to support month end accruals, calculation and processing of adhoc journals when required)Maintain updated, accurate bookkeeping operations to ensure that the ledger is always a reliable source of informationExpense monitoring and controlAddress and assist with internal and external audit queriesRoll forward of AFS and contribute to AFS detail.Preparation and submission of results to the broader group via Hyperion Financial Management systemPrepare monthly financial reports for management, including variance analysis and commentary by agreed timelines

Debtors and Creditors

Processing of supplier invoices and other payments (incl foreign payments), including the relevant administrationRaising and issuing customer invoices timeouslyDebtor and creditor control (monitoring and follow up of settlement of debtors, and timeous settlement of creditors)Resolve inter-company mismatches, liaising with broader group accountants

Cash management

Processing monthly and ADHOC paymentsMaintenance of bank account detailsCashflow monitoring and control

Reconciliations

Preparation of all balance sheet reconciliationsInvestigation and resolution of reconciling items identifiedIdentify risks and proactively implement reconciliations and controls

Tax

VAT return calculations and submissionsTax return calculations and submissions

Other

Maintain a suitable financial control environmentAssist in adhoc projects and tasks as requiredAdhoc / annual group and stakeholder requests

Team Effectiveness

Drive process improvements and simplification in the area of accounting. This includes automation projects and the preparation and maintenance of detailed workflowsEffective time-managementIndividually accountable for tasks and output timeliness and qualityEnhance and improve group collaboration effortsEffective communication skills

Qualification, Skills and Experience:

BCom accounting or similarExcellent proficiency in Excel skillsAt least 2-4 years accounting experience and relevant financial services experience

Prepares reports on the organisation’s cash flow by checking the accuracy of the records, the bank account entries and transactions, and the movement of values. Maintains appropriate records for the short- and medium-term analysis and its forecast.

ResponsibilitiesTreasury

Deliver operational plans in line with the overall treasury strategy.

Data Collection and Analysis

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

Data Management

Help others get the most out of data management systems by providing support and advice.

Insights and Reporting

Contribute to the preparation of various data and analytics reports.

Operational Compliance

Identify, within the team, instances of noncompliance with the organization's policies and procedures and/or relevant regulatory codes and codes of conduct, reporting these instances and escalating issues as appropriate.

Financial Policies, Guidelines, and Protocols

Contribute to the development and delivery of financial policies, guidelines, and protocols to ensure the company complies with regulations and good financial practice.

Document Preparation

Organize and prepare complex documents using a variety of applications for technology devices, such as standard office software. Also responsible for gathering and summarizing data for special reports.

Information and Business Advice

Resolve queries from internal or external customers or suppliers by providing information on complex processes and the related policies, referring issues to others where necessary for interpretation of policy.

Financial Management and Control

Track progress against budgets within established finance systems, and report variances to more senior colleagues.

Personal Capability Building

Develop own capabilities by participating in assessment and development planning activities as well as formal and informal training and coaching; gain or maintain external professional accreditation, where relevant, to improve performance and fulfill personal potential. Maintain an understanding of relevant technology, external regulation, and industry best practices through ongoing education, attending conferences, and reading specialist media.

Skills

Accounting, Action Planning, Budget Management, Calculating Tax, Cash Management, Computer Literacy, Credit Management, Database Reporting, Data Classification, Data Compilation, Data Controls, Data Modeling, Debtors Management, Evaluating Information, Financial Reporting and Analysis, Legal Practices, Management Reporting, Microsoft Excel, Numerical Aptitude, Oral Communications, Reconciliations, Report Review, VAT Returns

Competencies

Builds Networks

Business Insight

Collaborates

Courage

Drives Results

Ensures Accountability

Financial Acumen

Manages Complexity

Education

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

Closing Date

08 January 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.

Old Mutual Limited is pro-vaccination and encourages its workforce to be fully vaccinated against Covid-19.

All prospective employees are required to disclose their vaccination status as part of the recruitment process.

Please refer to the Old Mutual’s Covid-19 vaccination policy for further detail. Kindly note that Old Mutual reserves the right to reinstate the requirement to vaccinate at any point if it is of the view that it is imperative to do so.

The Old Mutual Story!