Description
We have an exciting opportunity in Old Mutual Wealth for an experienced finance manager. The successful candidate will take responsibility for the full financial function of the life wrapped business with assets of more than R130bn. This is a growing business that operates in a highly regulated environment. You will interface with multiple teams and functions within Wealth and other Old Mutual segments. Your reporting line is to the CFO of Old Mutual Wealth.
Key responsibilities will include amongst others the following:
You are responsible for delivery of the financial management, accounting and financial control function through other managers and their teams. Application of IFRS 17 and IFRS 9 accounting standards, as well as integration with the actuarial valuation function Ensure quality and timely financial reporting and analysis to support the Wealth Exco decision-making Delivery of all financial and regulatory reporting and associated submissions to support Group external and regulatory reporting Responsible for tax management, allocation of tax across the tax funds and reporting to Group Tax. Contributes to and implements financial strategy. Assists in deciding on the financial and business viability of new and existing projects and programmes. Application of technical accounting and strategic thinking with the implementation of new product launches Analyse financial information and provide insight that supports decisions to improve competitiveness, profitability and growth. Drive the business planning process and outcomes for the life wrapped business as part of the Wealth and OML planning cycles Prepare financial forecasts Ensure optimal capital utilisation in the business Responsible for audit liaison as well as tax, legislative & statutory requirements.
Qualification, Skills and Experience:
Chartered Accountant 7 - 10 years’ experience in financial management of financial services companies Strong life company & life wrapped investment product experience Experience with the application of IFRS 17 and IFRS 9 Sound understanding of the regulatory and tax requirements for life insurance companies and products Experience in automation of financial processes and reporting Proven experience in managing the controls in financial reporting processes
Skills
Education
Closing Date
14 June 2024
