Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
Job Description
Role overview
This role will report to and work closely with the Senior Financial accountant of the Shareholder Finance team in Old Mutual International. You will also be required to work closely with the Financial Manager. It requires a hands-on individual who enjoys problem solving, can work independently and effectively manage their time to ensure accurate and timely reporting.
Key responsibilities will include amongst others :
- Compile and populate 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)
- Address and assist timeously with internal and external audit queries
- Preparation of AFS.
- Preparation of schedules for year end such as ECL (IFRS9), bank currency splits etc.
- Preparation of regulatory submissions (SAM).
- Preparation of reasonability checks for system generated foreign exchange calculations.
- Processing monthly supplier, payroll and adhoc payments.
- Debtor and creditor control (monitoring and follow up of settlement of debtors, and timeous settlement of creditors).
- Maintenance of bank account details.
- Assist with updates of banking mandates.
- Assist with KYC verification.
Management Reporting
- Preparation of quarterly HFM (Hyperion Financial Management) submissions and related disclosure schedules.
- Assist in preparation of the business plan.
- Provide data required to support analysis of income and expenses in comparison to business plan, etc.
- Generating BAU and ad hoc internal management reports for key stakeholders.
Reconciliations
- Preparation of all balance sheet reconciliations including tax reconciliations for the active book.
- Investigation and resolution of reconciling items identified.
- Assist with reconciling complex historic differences across multiple systems.
- Review of balance sheet reconciliations for the closed books.
Tax
- Prepare VAT return calculations and submissions.
- Assist with reconciling tax accounts with Group's balances.
Additional Responsibilities
- Assist in adhoc projects and tasks as required including but not limited to: Finance Refresh, Multi currency ledger and project Rubix.
- Drive process improvements and simplification in the area of accounting. This includes automation projects listed above and the preparation and maintenance of detailed workflows.
- Attend to and resolve complex queries from various stakeholders.
- Assist in training new junior starters.
Qualifications and Experience required:
- Chartered Accountant is preferable (3+ years post article experience)
- Previous financial services experience
- Previous experience working with operational currencies other than ZAR.
- HFM/OneStream experience is desirable.
- Strong Excel skills with an aptitude and eagerness to learn various IT applications and platforms to enable process efficiencies.
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.
#J-18808-Ljbffr
