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:

• Financial Reporting & Control
• 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.
• Manage the maintenance of the organisation’s general ledger and accounting records.

Responsibilities

• Financial 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 Accounting Controls, Financial Acumen, Financial Analysis, Financial Auditing, Financial Management Reporting, Financial Modeling, Legal Practices, Management Accounting, Management Reporting, Policies & Procedures, Reconciliations, Report Review, VAT Returns

Competencies

• Business Insight
• Communicates Effectively
• Ensures Accountability
• Financial Acumen
• Manages Complexity
• Optimizes Work Processes
• Organizational Savvy
• Plans and Aligns

Education

• NQF Level 7 – Degree, Advance Diploma or Postgraduate Certificate or equivalent

Closing Date

• 23 January 2025 , 23:59