Senior Product Accountant - Product Owner Max

Old Mutual Life Assurance Company (Malawi) Limited; South Africa; On-site; ZAR 600 000 - 900 000; Full time

Job summary

Old Mutual Life Assurance Company is seeking a Senior Product Accountant to oversee financial reporting and governance within the SAT Finance team. The role requires a CA qualification and at least 5 years of experience, focusing on financial analysis, compliance, and team management. The successful candidate will drive accounting processes and contribute to internal reporting and controls, ensuring high performance and effective governance.

Qualifications

• At least 5 years' relevant experience, preferably in financial services.
• Strong financial grounding and analytical skills.

Responsibilities

• Manage products migrating onto SAT platforms and oversee ledger maintenance.
• Deliver financial reporting and controls to internal stakeholders.
• Analyze business and financial data to identify trends and opportunities.

Skills

Accountability

Accounting Processes

Auditing

Finance

Financial Analysis

Internal Controls

Management Reporting

Strategic Planning

Education

CA Qualification

NQF Level 9 - Masters

Job description

Senior Product Accountant - Product Owner Max

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 vacancy is based in the SAT Finance team, reporting to the Finance Manager. The role involves managing products migrating onto the SAT platforms, overseeing ledger maintenance, reconciliations, internal reporting, and interactions with Segment finance teams and other stakeholders. The individual is responsible for achieving results through others over periods of 3 months to a year, focusing on governance, compliance, management dashboards, financial data interpretation, predictive results, and implementing accounting processes, systems, and controls for a product. The candidate should have a solid financial grounding.

The role includes delivering financial reporting and controls to internal stakeholders, including monthly, quarterly, and annual reports, and managing control accounts.

Financial Analysis

• Analyze business, financial, control, and operational data to identify trends and opportunities.
• Provide commentary on financial results and implications, advising on corrective actions.
• Generate financial information.

Financial Control

• Analyze and report on variances.
• Ensure controls operate effectively.
• Identify and investigate reconciling items.
• Understand root causes and coordinate remedial actions.
• Test and sign off on remedial actions before implementation.
• Drive and ensure successful implementation within timelines.
• Own key accounting processes and champion their improvement.
• Review team work for control effectiveness.

Governance and Compliance

• Maintain governance and compliance at operational levels.
• Monitor and enhance internal controls.
• Manage audit interactions and deliverables.

Management Reporting

• Generate internal reports on controls and financial position.
• Engage with business managers on financial outcomes.
• Provide financial training and assistance to teams.
• Support actuaries, auditors, and other parties with information.

Team Effectiveness

• Manage and develop staff, ensuring delivery and performance.
• Balance personal priorities with team motivation.
• Create an environment for high performance.
• Manage performance, plan, and assign work.
• Select and develop staff to meet service standards.

Skills

Accountability, Accounting Processes, Auditing, Finance, Financial Analysis, Internal Controls, Management Reporting, Strategic Planning, etc.

Education

CA Qualification with at least 5 years' relevant experience, preferably in financial services.

Additional Skills

Data analysis, budgeting, computer literacy, process ownership, problem-solving, etc.

Competencies

Business Insight, Collaboration, Decision Quality, Financial Acumen, Managing Complexity, Learning Agility, Process Optimization, Resourcefulness.

Education Level

NQF Level 9 - Masters

Closing Date

23 May 2025, 23:59

The appointment will be made in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit.

The Old Mutual Story!