Financial Accountant (12-Month Fixed Term Contract) at Old Mutual

Job Description

Key responsibilities will include amongst others the following:

• Carry out the bookkeeping, procurement, invoicing and payment operations, including the relevant administration.
• Identify risks and proactively implement reconciliations and controls.
• Maintain updated, accurate bookkeeping operations to ensure that the ledger is always a reliable source of information.
• Prepare financial reports.
• Perform timeous reconciliations.
• Take ownership of the bookkeeping and processing function, from General ledger to Trial balance.
• Prepare monthly financial reports for management, including variance analysis and commentary by agreed timelines.
• Manage budget centre reporting and produce a detailed variance report.
• Prepare financial presentations and information for management meetings.
• Calculate and ensure accurate billing of fees charged to service providers and clients.
• Prepare payment requests and monitor timeous creditor payments.
• Expense monitoring and control.
• Drive process improvements and simplification.
• Maintain a suitable financial control environment.
• Liaise with external auditors.
• Resolve inter-company mismatches.
• Ownership of debtors and creditors.
• Compile and submit VAT returns.
• Prepare Income Tax returns and calculations required by the group tax team.
• Submit results to the broader group via Hyperion Financial Management.
• Assist with business planning.

Qualifications and Experience required:

• BCom accounting or similar.
• Advanced Excel skills.
• At least 5 years technical accounting experience and relevant financial services experience.
• Systematic, methodical, attention to detail.
• Trustworthy, dependable, accountable, team player.
• Proactive, able to work independently, eager to learn and share knowledge
• Curious, tenacious, confident, solutions-oriented, resilient.
• Strong communication skills, good at documenting processes.
• Thrives under pressure, prioritises effectively and adapts to changing circumstances / new initiatives.
• A healthy dose of pragmatism.
• An aptitude for IT and keen to learn and exploit technology to improve processes.
• Manage the maintenance of the organisation's general ledger and accounting records.

Responsibilities

• Financial Policies, Guidelines, and Protocols
• Create a plan to deliver and review financial policies, guidelines, and protocols to ensure the company complies with regulations and good financial practice.
• Financial Management and Control
• Develop and/or deliver a plan for significant aspects of the financial management and/or control process.
• Financial Information Systems
• Support the implementation of financial systems process changes and enhancements; ensure all changes are effectively implemented.
• Data Collection and Analysis
• Conduct research using primary data sources, and select information needed for the analysis of key themes and trends.
• Leadership and Direction
• Communicate the local action plan; explain how this relates to the function's strategy and action plan and to the broader organization's mission and vision; motivate people to achieve local business goals.
• Operational Compliance
• Maintain and renew a deep knowledge and understanding of the organization's policies and procedures and of relevant regulatory codes and codes of conduct, and ensure own work adheres to required standards. Or identify, within the team, patterns of noncompliance with the organization's policies and procedures and with relevant regulatory codes and codes of conduct, taking appropriate action to report and resolve these and escalating issues as appropriate.
• Performance Management
• Develop and propose own performance objectives; take appropriate actions to ensure achievement of agreed objectives, using the organization's performance management systems to improve personal performance. Or manage and report on team performance; set appropriate performance objectives for direct reports or project/account team members and hold people accountable for achieving them, taking appropriate corrective action where necessary to ensure the achievement of team/personal objectives.
• Organizational Capability Building
• Use the organization's formal development framework to identify the team's individual development needs. Plan and implement actions to build their capabilities. Provide training or coaching to others throughout the organization in own area of expertise to enable others to improve performance and fulfill personal potential.
• Budgeting
• Deliver a budget for an area of the organization or conduct complex analyses on budget progress in other areas of the organization.
• Information and Business Advice
• Provide specialist advice on the interpretation and application of policies and procedures, resolving queries and issues and referring very complex or contentious issues to others.

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 Review

Competencies

• Business Insight
• Communicates Effectively
• Ensures Accountability
• Financial Acumen
• Manages Complexity
• Optimizes Work Processes
• Organizational Savvy
• Plans and Aligns

Education

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

Closing Date

• 13 February 2025 , 23:59