Assistant Management Accountant at Old Mutual South Africa

Job Description

• Perform professional accounting work, including compilation, consolidation, and analysis of financial data. The role requires an understanding of accounting fundamentals and principles, as well as experience in bookkeeping.
• Responsibilities may include any or all the following: ledgers and preparation of journal entries, preparation of trial balance or financial statements, intercompany transactions, bank account reconciliation.
• This role supports the Senior Management / Financial / Product Accountant and is responsible for the compilation of documents for the development of management reports. Assists with the compilation of budgets and management of expenses.

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 reconciliations are done and followed up.
• 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
• Tax schedules
• CFO sign off
• Produces balance sheet reports.
• Raising of accruals as and when necessary
• Processing of AGIS transactions
• Support the Finance Manager with ad-hoc tasks including business planning

Qualifications and experience required:

• Matric and Tertiary Finance Qualification
• 2+ years’ financial accounting experience
• Profit transfer process
• Knowledge of HFM

Skills

• Budget Management, Computer Literacy, Database Reporting, Data Classification, Data Compilation, Data Controls, Data Encoding, Data Modeling, Document Management, Financial Auditing, Management Reporting, Numerical Aptitude, Oral Communications, Report Review

Competencies

• Business Insight
• Communicates Effectively
• Decision Quality
• Ensures Accountability
• Financial Acumen
• Manages Complexity
• Plans and Aligns
• Tech Savvy

Education

• Bachelors Degree (B)

Closing Date

• 26 September 2025