Old Mutual
Banking + 2 more
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.
- IFRS financial reporting (experience with IFRS 17 is highly desirable).
- 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.
- 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.
- 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.
- 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.
- 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.
- 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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