GM: Finance & Operations

Lets Write Africa's Story Together!

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

Job Description

MINIMUM REQUIREMENTS:

Qualifications

• Namibian Citizen;
• NQF Level 7 tertiary qualification, an MBA will be an added advantage;
• Registered chartered accountant – ICAN or SAICA membership;
• Relevant Post Graduate qualification preferred (i.e., Banking, Commercial, Accountancy etc);

Experience

• 5 - 10 years of short term insurance experience at management level;
• Financial Services experience will be advantageous
• Demonstrated experience in financial strategy, operational management, and regulatory reporting.
• Proven experience leading high‑performing teams and driving organisational transformation.
• Strong exposure to financial services environments.

Competencies

• Strategic and analytical thinking
• Strong stakeholder engagement and negotiation skills
• Excellent written, verbal, and presentation skills
• High business acumen and commercial awareness
• Ability to manage complexity and deliver under pressure

KEY RESPONSIBILITIES:

• Leading and coordinating the development and delivery of financial policies, guidelines, and protocols across the business to ensure the company complies with regulations and strong financial practices.
• Taking responsibility for developing and delivering the Business Unit's financial management and operational control systems.
• Undertaking strategic and tactical financial analysis, modeling, and evaluation to support business leaders in their decision-making.
• Making authoritative recommendations that have a significant impact on the business over the short and long term. Recommendations could be technical or professional in nature.
• Taking responsibility for developing and delivering the Business Unit's risk management and/or risk control policies and procedures.
• Owning the development of financial systems for the business. Own the governance of finance systems to ensure they are aligned to group accounting and statutory rules.
• Leading the development and implementation of strategy for a significant area of responsibility, anticipating complex issues, challenges, and opportunities and ensuring integration with wider corporate strategy.
• Fostering key strategic relationships with partners, regulatory bodies, and strategic stakeholders;
• Providing authoritative specialist advice to the leadership team to guide the implementation of policy and the design and implementation of projects and change initiatives.
• Identify and communicate the actions needed to implement the function's strategy and business plan within the Business Unit; explain the relationship to the broader Business Unit's mission, vision, and values; motivate people to commit to these tenets.
• Managing and report on the performance of the function/business area; set appropriate performance objectives for direct reports and hold individuals accountable for achieving them; take appropriate corrective action where necessary to ensure the achievement of annual business objectives.
• Identifying the capabilities needed to meet the current and emerging business needs of a significant business area. Evaluate current capabilities, identify gaps, and prioritise development activities. Motivate others to develop their capabilities and fulfill their personal potential. Build capabilities elsewhere in the Business Unit through mentoring and other informal methods.
• Taking responsibility for setting and managing area budgets so they align with Business Unit strategy.
• Accountable for execution of tactical business plans at operational level.
• Oversee day‑to‑day operational functions, ensuring efficient service delivery and adherence to operational standards.
• Build and nurture relationships with regulators, banking partners, auditors, reinsurers, service providers, and internal Group stakeholders.
• Represent OMSIC in financial and operational matters at the Group level and other governance forums.
• Provide strategic insights and advisory support to the Executive Team and Board committees.

Manage and coordinate the company's financial function, including general accounting, cost management, budgeting, and payroll, in accordance with corporate policies and procedures to meet the company’s business requirements. This is the top finance position for a specific location, but it is governed by policies and frameworks established by the larger corporation.

Responsibilities

Financial Policies, Guidelines, and Protocols

Lead and coordinate the development and delivery of financial policies, guidelines, and protocols across the business to ensure the company complies with regulations and good financial practice.

Financial Management and Control

Manage a significant portion of the organization's financial management and/or control processes.

Financial Modeling

Undertake strategic and tactical financial analysis, modeling, and evaluation to support business leaders in their decision-making.

Data Collection and Analysis

Make authoritative recommendations that have a significant impact on the business over the short and long term. Recommendations could be technical or professional in nature.

Organizational Risk Management

Manage a significant portion of the organization's risk management and/or risk control processes. This includes contributing to the development and implementation of risk management policies and procedures.

Financial Information Systems

Own the development of financial systems for the company or group. Own the governance of finance systems to ensure they adhere to group accounting and statutory rules.

Functional Strategy Formation

Lead the development and implementation of strategy for an important area of responsibility within a function, anticipating complex issues, challenges, and opportunities and ensuring integration with wider functional strategy.

Information and Business Advice

Provide authoritative specialist advice to senior managers at the business unit or regional level to enable the implementation of policy, projects, and change initiatives.

Leadership and Direction

Identify and communicate the actions needed to implement the function's strategy and business plan within the business area or department; explain the relationship to the broader organization's mission, vision, and values; motivate people to commit to these tenets and do extraordinary things to achieve local business goals.

Performance Management

Manage and report on performance within the department or area of responsibility; set appropriate performance objectives for direct reports and hold individuals accountable for achieving them; take appropriate corrective action where necessary to ensure the achievement of annual business objectives.

Organizational Capability Building

Evaluate the capabilities of staff within the department to identify gaps and prioritize development activities. Implement the organization's formal development frameworks within the area of responsibility. Coach and mentor others to support the development of the organization's talent pool.

Budgeting

Manage budget plans for a department. May involve development or delivery or both.

Skills

Accounting, Adaptive Thinking, Budget Management, Data Compilation, Data Controls, Evaluating Information, Executing Plans, Financial Accounting, Financial Acumen, Financial Auditing, Financial Modeling, Managerial Accounting, Numerical Aptitude, Policies & Procedures

Competencies

Balances Stakeholders

Business Insight

Decision Quality

Ensures Accountability

Financial Acumen

Instills Trust

Manages Complexity

Optimizes Work Processes

Education

NQF Level 9 – Masters

Closing Date

18 March 2026 , 23:59

The Old Mutual Story!