Assistant Management / Financial Accountant

Let’s Collaborate to Tell Africa's Narrative! Old Mutual firmly believes in the potential of Africa, and our diverse workforce embodies this conviction.

Job Description
This position provides support to the Channel finance sector and is tasked with maintaining accounting records, conducting financial analyses, and supplying management reporting information. The individual in this role is accountable for achieving outcomes both independently and as part of a team.

• Maintain accounting records
• Compile and process accounting entries
• Invoicing and settlements
• Account and budget center hierarchy maintenance
• Bank servicing and cash flow management
• Compile and submit results in accordance with Group reporting standards
• Uphold a robust financial control environment
• Prepare and maintain accounting reconciliations
• Month-end reporting – posting of journals and associated tasks
• Prepare quarterly review packs
• Balance Sheet reconciliations
• Taxation
• Prepare VAT returns
• Prepare Income tax returns – P1, P2, and Annual returns

Audit & Corporate Governance

• Assist in preparing the quarterly and annual audit files and providing necessary audit evidence
• Communicate effectively with auditors to ensure that all audit inquiries are properly addressed and resolved

Creditors Function

• Prepare intercompany loan reconciliations
• Process monthly payments, ensuring accurate amounts are disbursed
• Reconcile payments in Stadium

Debtors Function

• Issue invoices to relevant entities in line with business-provided splits, ensuring all postings are accurate by product and region when necessary
• Ensure timely collection of funds
• Reconcile customer invoices and receipts in Stadium

Customer Service/Branch Servicing

• Address any queries that arrive in the EMS Mailbox
• Prepare any required journals resulting from these queries
• Generate any reports needed by the branch

Cash Flow Management

• Assist in understanding the cash flow needs of relevant entities

Ad hoc Projects

• Support projects within the Channel Finance Team

Requirements

• Degree
• Working knowledge of Tax returns
• Familiarity with HFM
• Professional Certification (SAIPA) or equivalent
• Proficient in MS Office with strong Excel skills (intermediate level)
• Experience with Oracle Financials (essential)
• Understanding of current IFRS accounting standards

Personal Effectiveness

• Embraces and embodies the company values
• Accountable for service delivery through individual efforts
• Collaborates effectively with others to achieve personal objectives
• Individually responsible for managing one’s time, tasks, and output quality over periods ranging from 1 day to a maximum of three months
• Strong information monitoring and analytical capabilities
• Attention to detail
• Plans and assigns work
• Willingness to learn and adaptability

Skills

• Accounting, Action Planning, Budget Management, Computer Literacy, Database Reporting, Data Classification, Data Compilation, Data Controls, Data Modeling, Information Evaluation, Legal Practices, Management Reporting, Numerical Aptitude, Oral Communication, Report Review

Competencies

• Builds Networks
• Business Insight
• Collaborates
• Courage
• Drives Results
• Ensures Accountability
• Financial Acumen
• Manages Complexity

Education

• NQF Level 7 - Degree, Advanced Diploma, Postgraduate Certificate, or equivalent

Closing Date
07 April 2026, 23:59

The appointment will be made from the designated group in accordance with Old Mutual South Africa’s Employment Equity Plan and the specific business unit involved.

The Old Mutual Narrative!
Old Mutual is a leading African financial services organization that provides a wide range of financial solutions to retail and corporate clients across essential market segments in 14 countries. Our lines of business include Life and Savings, Property and Casualty, Asset Management, and Banking and Lending. We are dedicated to our mission of Championing Mutually Positive Futures Every Day and believe that an excellent customer experience is rooted in a positive employee experience.