Financial Reporting Accountant

Lets Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

Job Purpose

To manage, administer and coordinate activities in the accounting functions of the Finance Department. Ensuring smooth/prompt processing of work, maintaining acceptable levels of discipline, job performance and productivity.

Key Tasks, Duties and Responsibilities

The following key outputs are required from this role.

• Budgeting and Planning: Providing data required for budgetary planning, assisting senior management in the preparation of the budget and budget management. Automate the budgetary preparation process.
• Financial Transactions: Coordinating and controlling all accounting functions, ensuring all expenses are fully and properly accounted for, in accordance with company procedures /guidelines, safekeeping of cheque books and ensuring established signing authorities are complied with, ensuring confidentiality in all financial transactions.
• Audit Requirements: Ensuring that the company books are ready for audit within the set deadlines. Providing the necessary information for internal and external audits and conducting financial investigations as necessary.
• Financial reports and returns: In liaison with the Senior Accountant, prepare monthly, quarterly revenue, half year and other management accounts in accordance with the calendar of events for the department and the Old Mutual Group.
• Balance sheet Reconciliations: Also ensuring that the ledgers are reconciled to the general ledger monthly and that the Audit schedules are updated monthly, preparing statutory returns, and ensuring they are filed on time.
• Accounting and Financial systems and controls: On a regular basis reviewing process flows within the system and other manual operations to ensure they are efficient, identifying areas that need to be enhanced to improve overall efficiency and remove duplication of roles and transactions. In addition, perform System Reconciliations for all the core systems integrating into the financial reporting tool Dynamics 365
• Filing of Regulatory Returns: In liaison with other finance team members, ensure that all the returns made to the Insurance Regulatory Authority, Uganda Insurers Association, The Uganda Insurance Training College, Bank of Uganda, Financial Intelligence Authority & National Bureau of Statistics are made at the appropriate time.
• Accounting and General Ledger Integrity: In liaison with the Senior Accountant produce monthly quarter and annual accounts and variance analysis, produce the annual IFRS17 statutory accounts and variance analysis, and produce the annual budgets and regularly advice management of any changes that may be required on systems and procedures.
• Board engagement: Coordinate with the other team members to prepare the necessary Board reports on a quarterly basis and follow through with the required action points.
• ANTI-MONEY LAUNDERING (AML) EXPECTATION : The incumbent will be responsible for ensuring adherence to, implementation of, and adoption of Compliance, Anti-Money Laundering (AML), and Sanctions-related policies, procedures, and process requirements within Old Mutual and its subsidiaries. This includes execution of customer due diligence processes, ensuring compliance with Know-Your-Customer (KYC) standards, conducting ongoing and enhanced due diligence, and maintaining data quality. Additionally, the role involves identifying and monitoring potential AML, Sanctions, or Compliance breaches and unusual activities, and escalating these concerns to the Risk and Compliance Office for further action.

KNOWLEDGE AND EXPERIENCE

• 3+ Years progressive financial services industry experience or management consultant firm with exposure in financial services
• Experience in financial reporting within the insurance industry is an added advantage.

QUALIFICATIONS: MINIMUM EDUCATION

• A university degree in Business Administration or Finance, Accounting or an equivalent qualification,
• ACCA/CPA certification is an added advantage

KEY COMPETENCIES

• Excellent Analytical skills
• Proficiency in Ms. Office and Excel
• Good interpersonal relations
• Good administrative and supervisory skills
• Assertiveness and self-driven
• Honesty, reliability and dependability
• Good interpersonal skills
• Good communication skills
• Speed and Accuracy

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 of the following: ledgers and preparation of journal entries, fixed asset or inventory accounting, preparation of trial balance or financial statements, cost accounting, bank account reconciliation.

Skills

Accounting, Accounting Functions, Budget Management, Financial Acumen, Financial Analysis, Financial Data, Financial Reports, Financial Statements, Management Reporting, Report Review

Competencies

Business Insight

Communicates Effectively

Decision Quality

Ensures Accountability

Financial Acumen

Manages Complexity

Plans and Aligns

Tech Savvy

Education

Bachelor of Business Administration (BBA): Finance And Accounting Public (Required)

Closing Date

17 March 2026 , 23:59

The Old Mutual Story!