OMF Treasury Accountant at Old Mutual

Job Description

• Old Mutual Finance has a vacancy for a Treasury Accountant. This role will assist the Treasury Manager, to ensure the effective and accurate management and reporting of all Funding, Liquidity, Capital, and Market Risk related matters for both Old Mutual Finance (OMF) and Old Mutual Transaction Services (OMTS).
• The Treasury Accountant will be required to upload all necessary month-end accounting journals and perform ledger reconciliations relating to treasury funding transactions and balances.
• The role will further assist the Treasury Manager in projecting and optimising OMF and OMTS forecasted cash flows.
• Prepares reports on the organization’s cash flow by checking the accuracy of the records, the bank account entries and transactions, and the movement of values. Maintains appropriate records for the short- and medium-term analysis and its forecast.
• Obtain signoff for monthly interest payments to lenders and ensure payment is successfully processed.
• Perform all necessary general ledger reconciliations required at month end to validate accounting entries and balances.
• Produce a rolling 12-month cash flow forecast for both OMF and OMTS to project expected cash flows and identify any possible funding shortfalls.
• Assist with internal and external audits, providing necessary documentation and support.

Minimum Requirements for the role:

• BCom/equivalent qualification required
• Minimum 5 years’ financial services experience in treasury or accounting roles
• Prepares reports on the organisation’s cash flow by checking the accuracy of the records, the bank account entries and transactions, and the movement of values. Maintains appropriate records for the short- and medium-term analysis and its forecast.

Responsibilities
Treasury

• Deliver operational plans in line with the overall treasury strategy.

Data Collection and Analysis

• Conduct research using primary data sources, and select information needed for the analysis of key themes and trends.

Data Management

• Help others get the most out of data management systems by providing support and advice.

Insights and Reporting

• Contribute to the preparation of various data and analytics reports.

Operational Compliance

• Identify, within the team, instances of noncompliance with the organization's policies and procedures and/or relevant regulatory codes and codes of conduct, reporting these instances and escalating issues as appropriate.

Financial Policies, Guidelines, and Protocols

• Contribute to the development and delivery of financial policies, guidelines, and protocols to ensure the company complies with regulations and good financial practice.

Document Preparation

• Organize and prepare complex documents using a variety of applications for technology devices, such as standard office software. Also responsible for gathering and summarizing data for special reports.

Information and Business Advice

• Resolve queries from internal or external customers or suppliers by providing information on complex processes and the related policies, referring issues to others where necessary for interpretation of policy.

Financial Management and Control

• Track progress against budgets within established finance systems, and report variances to more senior colleagues.

Personal Capability Building

• Develop own capabilities by participating in assessment and development planning activities as well as formal and informal training and coaching; gain or maintain external professional accreditation, where relevant, to improve performance and fulfill personal potential. Maintain an understanding of relevant technology, external regulation, and industry best practices through ongoing education, attending conferences, and reading specialist media.

Skills

• Accounting, Action Planning, Budget Management, Computer Literacy, Database Reporting, Data Classification, Data Compilation, Data Controls, Data Modeling, Evaluating Information, Legal Practices, Management Reporting, Numerical Aptitude, Oral Communications, Report Review

Competencies

• Builds Networks
• Business Insight
• Collaborates
• Courage
• Drives Results
• Ensures Accountability
• Financial Acumen
• Manages Complexity

Education

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

Closing Date

• 09 March 2025 , 23:59