Assistant Management Accountant at Old Mutual South Africa

This role supports the Senior Management / Financial / Product Accountant and is responsible for the compilation of documents for the development of management reports.

Management Reporting

• Compiles supporting documents for management accountant.
• Prepares draft reports.
• Assists with the compilation of budgets.
• Assists with the management of expenses.
• Prepares internal management report.

Financial Reporting

• Compiles and populates records to trial balance level.
• Prepares draft income statement and balance sheet.

Reconciliations

• Ensures accurate reconciliation of accounts.
• Reviews control accounts and reconciliations.

Specific to the role

• Processes journal entries in relation to the Central segment (0140 – 0142, OMEM and OML), timeously and accurately.
• Performs calculations to determine financial transactions required e.g. leave pay journal
• Ensures that the financial records, including the balance sheet is valid, accurate and complete.
• Support Business Partner team in preparation of annual business unit budgets and quarterly forecast in IDU Budgeting tool
• Performs inter-company reconciliations and confirmation of balances, and corrects mismatches timeously.
• Reconciliation of all Balance sheet accounts, ensuring that reconciling items are constantly monitored and actioned, and that there are no long outstanding reconciling items.
• Follows up on long outstanding debt owed to and by the business unit
• Prepares, and submits within agreed deadlines:
• HFM Submissions (Monthly, Half Yearly, Annually)
• Disclosure submissions
• Analytical Reviews
• CFO sign off
• Produces Balance sheet reports.
• Raising of accruals as and when necessary
• Processing of AGIS invoices

Required Skills & Qualifications

• Bachelor of Commerce
• Excellent organizational, planning and prioritizing skills