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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 ReviewCompetencies
Business Insight Communicates Effectively Ensures Accountability Financial Acumen Manages Complexity Optimizes Work Processes Organizational Savvy Plans and AlignsEducation
NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalentClosing Date
28 June 2025 , 23:59The 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.
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* Le salaire de référence se base sur les salaires cibles des leaders du marché dans leurs secteurs correspondants. Il vise à servir de guide pour aider les membres Premium à évaluer les postes vacants et contribuer aux négociations salariales. Le salaire de référence n’est pas fourni directement par l’entreprise et peut pourrait être beaucoup plus élevé ou plus bas.