MFC Senior Financial Accountant at Old Mutual South Africa

Job Description

This role is accountable for achieving results through others and individually, over periods of 3 months to a year.

Core tasks of the role includes: execution of the key strategic priorities as per the business plan and for governance and compliance at an operational level, preparation of management reports; analysis and interpretation of financial data, using financial analysis to better support predictive results; implementation of accounting processes, systems and controls; end-to-end financial function exposure and involvement.

• Review management reports to ensure these are accurate, complete and submitted timeously.
• Develops, reports on and interprets financial data, KPIs and benchmarks.
• Provides commentary on financial results and implications and advises on corrective action to be taken.
• Collaborates with business unit stakeholders on financial outcomes and trends.
• Testing of accounting processes for new products, new systems and project involvement dependent on the capacity as a finance subject matter expert.
• Emphasis of the role is on interpretation and predictive results.
• Responsible for audit liaisons as per tax, legislative and statutory requirements.
• Supports the execution of a business plan and key strategic objectives.
• Accountable for governance and compliance at an operational level.
• Analyses financial information and provides insights on the drivers for the results, as well as variances to business plan, prior year and prior month.
• Maintains suitable financial control environment.
• Innovate and drive efficiencies in finance processes.
• Understands and is aware of key IFRS 17 reporting changes to the set of financial results under the role’s responsibility (balance sheet and income statement).

Qualifications/Experience Required

• Qualified Chartered Accountant
• 3-5 years post articles working experience
• IFRS 17 knowledge and application as well as savings/investment accounting experience
• Experience in due diligence reviews will be advantageous
• Experience with policy administration systems and premium collection for life insurers
• Financial Services/Insurance Industry experience

Skills

Finance, Financial Controlling, Financial Functions, Financial Processes, Investment Accounts

Education

• Chartered Accountant

Closing Date

• 30 September 2022