Senior Product Accountant - PO Investments Accounting

Old Mutual Life Assurance Company (Malawi) Limited; South Africa; On-site; ZAR 500,000 - 700,000; Full time

Job summary

A leading financial services provider is seeking a highly skilled professional to join their finance team in South Africa. The role involves analytical and governance responsibilities, ensuring the effectiveness of financial controls, and managing a dedicated team. Candidates should possess a CA or relevant qualification and significant experience in finance. This opportunity promises engagement in management reporting and internal audits, contributing to the company's commitment to financial excellence.

Qualifications

• At least 5 years of relevant experience preferably in a financial services environment.
• Solid financial grounding necessary for this role.

Responsibilities

• Generate internal management reports on internal controls.
• Ensure compliance with financial governance.
• Review team outputs for effectiveness.

Skills

Accounting Processes

Financial Analysis

Internal Controls

Auditing

Management Reporting

Data Analysis

Education

CA or relevant Qualification

NQF Level 9 - Masters

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.

Job Description

Financial Analysis

• Analyses business, financial, control and general operating information to identify trends and opportunities for development and/or correction.
• Provides commentary on financial results and implications and advises on corrective action to be taken.
• Generates financial information.

Financial Control

• Analyses and reports on variances.
• Ensures all controls and working optimally and effectively.
• Ensures all reconciling items are identified and investigated.
• Understand root causes of reconciling items and agrees on remedial action with relevant parties/vendors to eliminate reoccurrence.
• Performs testing and provide sign-off of remedial action before implementation into production.
• Drive implementation of remedial action and ensure that it is delivered successfully within agreed timelines.
• Responsible for the process ownership of key accounting processes on behalf of the wider business, and will thus champion the implementation, measurement and improvement of this/these processes.
• Reviews work performed by team members to ensure that the controls have operated effectively.
• Key involvement in projects.

Governance and Compliance

• Accountable for governance and compliance at an operational level.
• Maintains suitable financial control environment.
• Monitor effectiveness of controls and identify and implement any additional controls required.
• Monitors internal controls and reporting on controls and processes, as well as recommending and implementing amendments to internal controls where appropriate.
• Responsible for audit liaisons as per tax, legislative and statutory requirements and manages the external audit interaction and deliverables.

Management Reporting

• Generates internal management reports to report on internal controls and processes, as well as the financial position of the investments.
• Interacts with business unit line managers on financial outcomes, expense trends, etc.
• Provides financial assistance and training to segment finance teams.
• Provides assistance to the actuaries, auditors and other parties requiring information as needed.

Team Effectiveness

• Staff management and development will be a key component outside of the normal delivery.
• Individually accountable for others time, tasks and output quality over periods of three months to a year.
• Balances own priorities with directing and motivating others.
• Creates a climate for optimal performance and guides and directs staff to achieve operational excellence standards.
• Manages performance, plans & assigns work.
• Selects potential staff to sustain customer/client service delivery.

Skills

• Accountable, Accounting Processes, Auditing, Finance, Financial Analysis, Financial Analysis and Reporting, Financial Controlling, Internal Controls, Internal Reporting, Management Reporting, Patient Outcomes, Prioritization, Process Ownership, Strategic Planning

Education

• CA or relevant Qualification, with at least 5 years\' relevant experience preferably in a financial services environment.
• This role is part of the SAT finance team reporting to the Finance Manager and will be responsible for accounting of investments for South African and Namibian Max and Savings and Income products. The role overseas the ledger maintenance, reconciliations, internal reporting and interactions with Segment finance teams and various other stakeholders. The role is individually accountable for achieving results through others, over periods of 3 months to a year with a focus on governance and compliance at an operational level, preparation of management dashboards, interpretation of financial data and predictive results as well as implementation of accounting processes, systems and controls for investments. The successful candidate requires a solid financial grounding.
• Accountable for the delivery of all the related financial reporting and control deliveries to various internal stakeholders in terms of monthly, quarterly and annual deliveries and includes all relevant control accounts.

Responsibilities

• Business Case
• Data Collection and Analysis
• Economic Research
• Financial Modeling
• Insights and Reporting
• Data Management
• Financial Policies, Guidelines, and Protocols
• Information and Business Advice
• Personal Capability Building
• Recommendations

Skills

• Accounting, Action Planning, Analytical Thinking, Budget Management, Computer Literacy, Data Analysis, Database Reporting, Data Classification, Data Compilation, Data Controls, Data Encoding, Data Modeling, Evaluating Information, Numerical Aptitude, Solution Analysis

Competencies

• Business Insight
• Collaborates
• Decision Quality
• Financial Acumen
• Manages Complexity
• Nimble Learning
• Optimizes Work Processes
• Resourcefulness

Education

• NQF Level 9 - Masters

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!