Let's Write Africa's Story Together!Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.Job DescriptionThe Jhb/CPT based role for a Financial Accountant within the Group Financial Control team responsible for business partnering in OML Group and will report to the Consolidation Reporting Manager. The role will also work closely with the Head of Statutory Reporting as well as the various Head of Finance roles within each Business Unit. The main function of the role is:Preparing and/or reviewing specific inputs and outputs of the OMLAC (SA) and/or OML consolidation, in accordance with International Financial Reporting Standards, Group accounting policies, Companies Act and JSE Listings Requirements.Interpretation and communication of complex financial issues and concepts to all stakeholders, including senior management.Being a subject matter expert on key areas through development of a deep understanding of value drivers, risks and key Audit Committee focus areas.Understanding and explaining the internal and external business unit and consolidated Group information, both financial and non-financialThe role will also manage and/or support other formal internal and external reporting deliverables including the OML financial statements, SENS announcements as well as the preparation of internal documents to support these deliverables.The role will also have ad hoc responsibilities with respect to driving/implementing continuous improvements within the GroupKey Result Areas:Financial ReportingAccountable for the deliverables of the segment consolidation, which includes inter alia:The statutory OMLAC (SA) and/or OML consolidation supporting monthly reporting and the production of interim and annual financial Accessibility statements and related disclosure supplements of OMLAC (SA) and/or OML.Analyze and review the financial performance of the segments forming part of OMLAC(SA) as well as the consolidated Group, preparation of analytical reviews and write commentary as appropriate to assist understanding and insightQuarterly consolidation supporting where requiredIdentify the need for consolidation journals and correcting entries to segment submissions and the Group consolidation and understand the impact on the Group resultPreparation and/or review of relevant consolidation journals and consolidation proofsReview of business unit submissions, raising and efficient resolution of queriesPrepare ad hoc information, presentations or reports and provide challenge and explanation to stakeholders where requiredAssist with management of the inter-company matching and eliminations processesManage and maintain Disclosure Management System, the system used for the production of IFRS Financial StatementsManagement and preparation of ancillary information around the interim and year end reporting as appropriateProvide guidance to the team and segments on the practical application of technical accounting opinions (e.g. Accounting for business combinations in the Hyperion Financial Management system (HFM) to ensure complete and accurate reportingLeading various aspects of the external reporting process for the consolidated OMLAC (SA) and/or OML Group, including analytical review, drafting and completing financial statement disclosure notes, implementation of new accounting standards, and developing efficient data collection mechanisms as appropriate.Keeps abreast of current accounting and tax developments Governance & compliance. Integrating accounting, actuarial and tax knowledge in terms of analysis and interpretation of technical issuesEnsuring compliance with International Financial Reporting Standards, Companies Act, JSE Listings Requirements and Group accounting policies through active engagement with segments, technical accounting, and accounting systems (HFM) teamsEnsuring HFM structures and Chart of Accounts are accurate by timeously logging amendments as part of the HFM change release cyclesPro-actively reviewing and improving the consolidation process, including proposing and testing changes to the consolidation tool (HFM) as requiredAdherence to the financial and internal controls framework for Group FinanceManagement effectivenessCreating, maintaining and enhancing productive working relationships with segments and the wider IFRS Financial Reporting TeamBusiness partnering with segment accounting teams by actively engaging with them in addressing key issues and to provide advice on resolving those issues that may impact the financial results of the GroupManaging interdependencies and relationships with key stakeholders such as External Reporting, Internal Reporting, Regulatory Reporting, Balance Sheet Management, Group Actuarial, and TaxLiaising with auditors, ensuring the timely and accurate proofs, and audit trail for segment consolidation and the OMLAC(SA) and/or OML annual and interim financial statementsUnderstanding the interactions of all financial reporting aspects of the Group and use this knowledge to provide advice to stakeholders as requiredParticipating and/or lead on other ad hoc projects and activities as appropriateManage and prioritize multiple tasksRequirements:Qualified CA (SA) with approximately 1-4 years post qualification experienceThorough understanding of International Financial Reporting Standards, JSE Listings Requirements and the accounting treatment of Insurance Companies with exposure to IFRS 17 would be beneficialMust have experience in consolidations and/or financial reporting of a listed multi-nationalUnderstanding of legal and management consolidation structures with a strong appreciation of need for process disciplines and controlsAbility to deal with complex technical issuesAttention to detailStrong analytical skillsExtensive and demonstrable experience with HFM or similar consolidation and reporting software is advantageousFlexibility and willingness to work outside strictly defined role and hours when requiredWilling and able to learn fast and assimilate a significant amount of informationAble to work constructively under pressure and adapt to changeTeam playerMotivated self-starter with the ability to cut through complex issues, proactive approach to the resolution of problems and obstaclesCompetenciesStrategicLeading with InfluenceCollaboration (Relating)Customer FirstExecutionInnovation (Perspective)Personal Mastery (Learning)SkillsAccounting, 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 ReviewCompetenciesBusiness InsightCommunicates EffectivelyEnsures AccountabilityFinancial AcumenManages ComplexityOptimizes Work ProcessesOrganizational SavvyPlans and AlignsEducationChartered Accountant (Required)Closing Date11 September 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.The Old Mutual Story!
