Financial Accountant: Central Segment

Old Mutual; United States; Remote; USD 70,000 - 90,000; Full time

Job summary

Old Mutual seeks a Financial Accountant to manage financial reporting and compliance for legal entities in accordance with IFRS standards. The ideal candidate will have CA (SA) qualifications and relevant experience, ensuring accurate reporting and liaising with various departments. This role offers an opportunity to impact financial policies while supporting the organization’s growth and compliance objectives.

Qualifications

• Qualified CA (SA) with approximately 3 years experience preferred.
• Thorough understanding of International Financial Reporting Standards.
• Proficient with HFM reporting and able to manage complex technical issues.

Responsibilities

• Manage financial reporting and compliance for a portfolio of legal entities.
• Coordinating and managing the annual statutory audit and IFRS financial statement preparation.
• Reviewing and managing tax returns and ensuring compliance with relevant practices.

Skills

Accounting

Financial Analysis

Budget Management

Data Controls

Financial Reporting

Education

CA (SA)

NQF Level 7 - Degree

Tools

HFM reporting software

Job description

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

This newly created Financial Accountant position will be responsible for preparation/review of specific inputs and outputs of a portfolio of legal entities in accordance with International Financial Reporting Standards and Group accounting policies.

Key Result Areas

Financial Reporting

• Accountable for the deliverables of a portfolio of legal entities, which includes inter alia:

  • Review and managing of relevant month-end deliverables including journals, HFM packs, additional disclosures documents and calculations

  • Managing and coordinating the business planning and forecast process

  • Review and managing of relevant tax returns, tax processes and tax queries (incl. VAT and DWT)

  • Managing and coordinating the annual statutory audit and preparation of the IFRS Financial Statements processes

  • Reviewing and managing inputs for board packs to various board meetings

  • Responding to queries from various stakeholders including Group Financial Reporting, Tax Advisory, Regulatory Reporting, Corporate Secretarial, Corporate Finance, Balance Sheet Management

  • Preparation of commentary on variances for internal & external reporting purposes

• Provides guidance on the practical application of technical accounting opinions and new IFRS standards, to ensure complete and accurate reporting

• Keep up to date with current accounting developments

• Liaising with different departments to resolve operational issues, which includes inter alia: share scheme administration, fixed assets, tax matters, supporting documentation for assets, accounts payable, accounts receivable

• Management of payments and ensuring timeous allocation within the general ledger.

• Specific focus on balance sheet reconciliations and intercompany loans

Governance & compliance

• Integrates accounting, audit and tax knowledge in terms of analysis and interpretation of technical issues

• Ensures compliance with International Financial Reporting Standards, Tax Act and Group accounting policies through active engagement with technical accounting team, tax team and accounting systems (HFM) teams

• Liaising with Corporate Secretarial on matters such as Companies Act compliance, inputs for board meetings and instructions/queries as a result of board meetings

• Pro-active review and improvement of the processes in the team with a focus on key controls

Management effectiveness

• Manage direct reports and responsible for HR related deliverables

• Ability to manage and prioritise multiple tasks

• Manage interdependencies and relationships with key stakeholders such as Group Financial Reporting, Regulatory Reporting, External Auditors, Balance Sheet Management, Tax advisory, Corporate Finance, Corporate Secretarial and External Reporting

• Participate/lead on other ad hoc projects and activities

Requirements: Skills, Qualifications, Experience required

• Qualified CA (SA) with approximately 3 years appropriate post qualification experience is preferred or more than 10 years Old Mutual Oracle/HFM/Audit/AFS experience for legal entities.

• Thorough understanding of International Financial Reporting Standards

• Ability to deal with complex technical issues

• Attention to detail

• Strong analytical skills

• Experience with HFM reporting software and Group Financial Reporting processes will be advantageous

• Experience with end-to-end processes for large/complex legal entities will be advantageous

• Willing and able to learn fast and assimilate a significant amount of information

• Able to work constructively under pressure and manage change

• Team player

• Team leader experience will be advantageous

• Motivated self-starter

• Clear credit & criminal records

Competencies

• Strategic

• Leading with Influence

• Collaboration

• Customer First

• Execution

• Innovation

• Personal Mastery (Learning)

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.

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 Acumen, Financial Analysis, Financial Auditing, Financial Modeling, Legal Practices, Management Accounting, Policies & Procedures, Report Review

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

07 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!