Assistant Management Accountant

Old Mutual; Johannesburg; On-site; ZAR 300,000 - 450,000; Full time

Job summary

A prominent financial services firm in Johannesburg is seeking a professional accountant to manage financial data, prepare reports, and assist in budgeting. The ideal candidate will have at least 2 years of financial accounting experience and possess a relevant tertiary qualification. This role involves significant responsibility in management and financial reporting.

Qualifications

• Minimum of 2 years’ financial accounting experience.
• Experience with profit transfer processes is preferred.

Responsibilities

• Perform professional accounting work including consolidation and analysis of financial data.
• Manage ledgers, journal entries, and trial balances.
• Compile internal management reports and assist in budgeting.

Skills

Budget Management

Computer Literacy

Database Reporting

Data Classification

Data Compilation

Data Controls

Data Encoding

Data Modeling

Document Management

Financial Auditing

Management Reporting

Numerical Aptitude

Oral Communications

Report Review

Education

Matric and Tertiary Finance Qualification

Bachelors Degree (B)

Tools

Knowledge of HFM

Job description

Overview

Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Role Description

Perform professional accounting work, including compilation, consolidation, and analysis of financial data. The role requires an understanding of accounting fundamentals and principles, as well as experience in bookkeeping.

Responsibilities

• Ledgers and preparation of journal entries, preparation of trial balance or financial statements, intercompany transactions, bank account reconciliation.

• This role supports the Senior Management / Financial / Product Accountant and is responsible for the compilation of documents for the development of management reports. Assists with the compilation of budgets and management of expenses.

• Management Reporting

  • Compiles supporting documents for management accountant.
  • Prepares draft reports.
  • Assists with the compilation of budgets.
  • Assists with the management of expenses.
  • Prepares internal management report.

• Financial Reporting

  • Compiles and populates records to trial balance level.
  • Prepares draft income statement and balance sheet.

• Reconciliations

  • Ensures accurate reconciliations are done and followed up.
  • Reviews control accounts and reconciliations.

• Specific to the role

  • Processes journal entries in relation to the Central segment (0140 – 0142, OMEM and OML), timeously and accurately.
  • Performs calculations to determine financial transactions required e.g. leave pay journal.
  • Ensures that the financial records, including the balance sheet is valid, accurate and complete.
  • Support Business Partner team in preparation of annual business unit budgets and quarterly forecast in IDU budgeting tool.
  • Performs inter-company reconciliations and confirmation of balances; and corrects mismatches timeously.
  • Reconciliation of all balance sheet accounts, ensuring that reconciling items are constantly monitored and actioned, and that there are no long outstanding reconciling items.
  • Follows up on long outstanding debt owed to and by the business unit.
  • Prepares, and submits within agreed deadlines: HFM Submissions (Monthly, Half Yearly, Annually); Disclosure submissions; Analytical reviews; Tax schedules; CFO sign off.
  • Produces balance sheet reports.
  • Raising of accruals as and when necessary.
  • Processing of AGIS transactions.
  • Support the Finance Manager with ad-hoc tasks including business planning.

Qualifications and experience

• Matric and Tertiary Finance Qualification

• 2+ years’ financial accounting experience

• Profit transfer process

• Knowledge of HFM

Skills

• Budget Management
• Computer Literacy
• Database Reporting
• Data Classification
• Data Compilation
• Data Controls
• Data Encoding
• Data Modeling
• Document Management
• Financial Auditing
• Management Reporting
• Numerical Aptitude
• Oral Communications
• Report Review

Competencies

• Business Insight
• Communicates Effectively
• Decision Quality
• Ensures Accountability
• Financial Acumen
• Manages Complexity
• Plans and Aligns
• Tech Savvy

Education

Bachelors Degree (B)

Closing Date

26 September 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!