Head: Finance Operations and Controls at Old Mutual South Africa

Job Description

• Design and lead the execution of the finance operations and controls strategy to ensure long term financial soundness, growth, sustainability and return on investment is achieved. Responsible for providing guidance and direction on financial activities and to ensure compliance with the organization’s strategy and long term objectives.

Critical objectives and responsibilities

• Design and lead the execution of the financial strategy to ensure long term financial soundness and growth.
• Oversee all accounts and ledgers ensuring compliance with appropriate International Financial Reporting Standards (IFRS) and regulatory requirements and maintain internal control safeguards and audit activities.
• Define and implement systems and processes to ensure all financial operations carried out are accurate and as per policies and procedures.
• Develop and implement tools and systems to provide critical financial and operational information to the Financial Director and to make actionable recommendations on both strategy and operations.
• Research and implement new tools and technologies to create cost effective and efficient finance operation that consistently meets service demands and targets. Proactively create and implement continuous improvement plan to drive efficiencies and performance towards the achievement of the organizations goals.
• Ensure the integrity of the general ledger accounting system and the accurate processing of all financial transactions (sales journals, accounts payable, payroll-related processes).
• Develop and maintain internal controls and the overall control environment.
• Lead the asset impairment review process and annual review of residual values and useful economic lives.
• Oversee complex control structures to mitigate risk of financial misstatement.

Finance Operations

• Develop financial policies and procedures for operational efficiency.
• Oversee account payables and receivables activities.
• Develop and implement solutions to ensure that financial operational activities are executed and delivered as per standards set they FD.
• Oversee Finance operations team (including bank & cash and creditors, all balance sheet reconciliations and premium debtor management)
• Ensure cost efficiency through financial and corporate governance

Contribute to the development and implementation of fit for purpose budgets or business plans.
Nurture a culture of high performance

• Align own behaviour with the organisations culture and values.
• Build a culture where unique employee experiences can be created, new work experiences can be designed, deep business “know-how” and experiences are openly shared, new ideas are encouraged & implemented without fear of reprisal and where employees feel inspired to enable positive futures through coaching and mentoring.

Education

• Bachelors Degree (B)  (Required)

Closing Date

• 28 May 2021