Old Mutual

Banking + 2 more

Senior Accountant - OMLAU

Job details

Contract Type

Description
Qualifications
  • Bachelor's degree in Finance, Accounting, Business Administration, Commerce or a related field.
  • Professional accounting qualification such as ACCA or CPA (required)
  • 5–7 years of progressive accounting and finance experience.
  • At least 2–3 years in a supervisory or finance management role.
  • Demonstrated experience in:

    • IFRS financial reporting (experience with IFRS 17 is highly desirable).
    • Preparation and review of financial statements.
    • Monthly and year-end financial close processes.
    • Account reconciliations and financial controls.
  • Experience within the insurance or financial services industry will be an added advantage.


Responsibilities

Financial Reporting
  • Prepare accurate monthly, quarterly, and annual financial statements in accordance with IFRS and company policies.
  • Support the preparation of IFRS 17 financial reports and other statutory reporting requirements.
  • Prepare IFRS 17 Risk-Based Supervision (RBS) returns.
Accounting Operations
  • Oversee day-to-day accounting operations, ensuring completeness and accuracy of financial records.
  • Coordinate the monthly and year-end close process.
  • Review account reconciliations and ensure timely resolution of outstanding items.
Financial Controls & Compliance
  • Maintain an effective financial control environment through regular review and improvement of accounting processes and controls.
  • Document, implement, and monitor internal controls to support internal and external audit requirements.
  • Ensure compliance with International Financial Reporting Standards (IFRS), the Insurance Act, tax legislation, and other applicable regulatory requirements.
Treasury, Investments & Credit Management
  • Monitor company investments to ensure compliance with the Company's Investment Policy Statement and applicable regulatory requirements, providing monthly reports to management.
  • Support effective credit management by monitoring receivables and implementing approved credit control strategies.
  • Monitor operating expenses and support cost management initiatives in line with the Company's financial objectives.
Audit & Stakeholder Management
  • Coordinate internal and external audits and ensure timely provision of required documentation.
  • Liaise with regulators, auditors, banks, tax authorities, and other stakeholders on finance-related matters.
  • Ensure timely submission of statutory and regulatory returns.
Team Leadership
  • Supervise and support junior accounting staff to ensure high-quality service delivery.
  • Coach and mentor team members, promoting continuous learning and high performance.
  • Foster teamwork and encourage adherence to company values and professional standards.


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