Senior 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

We are seeking an experienced and detail-oriented Senior Financial Accountant to take ownership of key financial accounting processes within OMIG and ensure timely and accurate reporting. This role plays a critical part in maintaining financial integrity, supporting strategic decision-making, and driving operational efficiency within the Finance function.

Key result areas

• Manage the financial accounting process and internal controls for OMIG, ensuring accurate and timely submissions to the OML Group.
• Prepare budgets, quarterly forecasts, and ad-hoc financial submissions in accordance with group timelines and standards.
• Liaise with external auditors, prepare annual financial statements, and compile supporting working papers.
• Oversee accurate accounting for creditors and debtors in the general ledger.
• Ensure smooth month-end close processes and adherence to reporting deadlines.
• Generate invoices for cost recoveries and manage collections from debtors in a timely manner.
• Prepare accounting journals related to incentive schemes, ensuring accurate tax and deferred tax treatment.
• Compile and provide relevant data for BEE reporting and Statistics SA submissions.
• Manage and reconcile intercompany transactions; coordinate with related OM entities to resolve imbalances.
• Ensure compliance with all statutory reporting requirements, including regulatory deadlines and formats.
• Prepare and submit provisional tax, VAT, and income tax returns accurately and on time.
• Collaborate closely with Finance Managers on financial accounting matters and operational finance initiatives.
• Identify financial risks and ensure compliance with internal policies, regulatory requirements, and industry standards.
• Monitor and analyze cost structures, identify cost-saving opportunities, and support budgeting discipline across departments.
• Continuously identify and implement process improvements to enhance efficiency, including automation opportunities.
• Contribute to ad-hoc finance projects, offering accounting and tax expertise.
• Coordinate with and manage external service providers as required.
• Manage and support a team of Financial Accountants, fostering performance and professional development.

Requirements: skills, qualifications and experience required

• Qualified Chartered Accountant – CA(SA).
• 4–6 years of post-articles experience.
• Experience in the financial services industry is essential.
• Experience in the investment management industry is advantageous.
• Strong technical knowledge of IFRS and tax legislation.
• Proven experience managing and developing a finance team.
• Proficiency in financial systems such as Great Plains, Excel Insights, IDU, and HFM would be advantageous
• Advanced Microsoft Excel skills are essential.

Competencies

• Planning & Organising: Excellent ability to structure work, prioritise tasks, and meet deadlines.
• Pressure Management: Proven capacity to work under pressure and deliver results within tight timeframes.
• Analytical Thinking: Proactive, data-driven approach with strong problem-solving skills.
• Attention to Detail: Meticulous with a strong focus on accuracy and compliance.
• Collaboration: Strong team player who fosters a cooperative work environment.
• Adaptability: Able to quickly adjust to changing priorities and business needs.
• Multi-tasking: Capable of effectively managing multiple priorities simultaneously.

Skills

Accounting, Action Planning, Analytical Thinking, Budget Management, Computer Literacy, Data Analysis, Database Reporting, Data Classification, Data Compilation, Data Controls, Data Encoding, Data Modeling, Evaluating Information, Numerical Aptitude, Solution Analysis

Competencies

Business InsightCollaboratesDecision QualityFinancial AcumenManages ComplexityNimble LearningOptimizes Work ProcessesResourcefulness

Education

NQF Level 9 – Masters

Closing Date

06 June 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!