Regulatory Accountant

Old Mutual; Johannesburg; On-site; ZAR 600,000 - 900,000; Full time

Job summary

A leading company in South Africa seeks a Regulatory Reporting Specialist to ensure compliance with financial regulations. The ideal candidate will prepare regulatory submissions and support internal and external audits. The role requires a qualified CA (SA) with strong analytical skills and experience in financial reporting.

Qualifications

• Minimum requirement: Qualified CA (SA).
• Experience in HFM/Onestream advantageous.
• Strong analytical skills with attention to detail.

Responsibilities

• Prepare regulatory submissions to the Prudential Authority.
• Compile Off Balance Sheet schedules for reporting.
• Drive operational excellence through process reviews.

Skills

Accounting

Financial Analysis

Report Review

Financial Auditing

Budget Management

Education

NQF Level 7 - Degree or equivalent

Tools

HFM

Onestream

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

The Team:

The Regulatory Reporting Team functions as part of the Group Reporting & Insights team within the Old Mutual Limited (OML) Group.

The team has a broad knowledge of the business across the group due to the rigorous reporting required for designated Insurance Groups and Financial Conglomerates. This requires interaction with stakeholders across the group and regulatory bodies, leading to a strong working relationship with all the business segments within OML.

The Role:

Reporting to the OML Group Regulatory Manager, the role will be primarily accountable for the preparation of the Group’s reporting to the regulator and for internal and external purposes.

Key result Areas

• Own the process of planning, preparing and analysing submissions to the Prudential Authority (PA) and other regulatory bodies on behalf of the designated Insurance Group and Financial Conglomerate;

• Own the process of preparing ad-hoc regulatory submissions (including applications) as and when required;

• Own the process of compiling the Off Balance Sheet schedule which supports the IFRS and Regulatory reporting purposes;

• Adhere to strict internal timelines to achieve deadlines set by the regulator;

• Support key stakeholders and manage interdependencies between Balance Sheet Management (BSM), Office of the Chief Actuary, Group Actuarial, Segment Finance and the Group Reporting & Insights teams with regulatory matters;

• Support the external audit process by adhering to timelines and addressing queries timeously;

• Support the business planning capital process (incl. ORSA) to ensure these are completed (with supporting analysis) timeously, including the production of relevant elements of the capital dashboard for BSM;

• Drive operational excellence through active process review and improvements that ensure deliverables are performed accurately and efficiently;

• Drive changes to IFRS reporting processes to ensure regulatory requirements are considered;

• Keep abreast with regulatory developments and ensure compliance within processes;

• Participate in knowledge sharing initiatives within Group Reporting & Insights team;

• Have an understanding of legal and management consolidation structures with a strong appreciation of need for process disciplines and controls.

Requirements: Skills, Qualifications, Experience required

• Minimum requirement: Qualified CA (SA)

• HFM/Onestream experience advantageous

• Attention to detail & strong analytical skills

• Good communication skills – able to present complex reporting matters / issues to senior management

• Strong Excel skills

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

• Flexibility and willingness to work outside strictly defined role and hours when required

• Motivated self-starter & team player

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

28 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!