Lead: Financial Reporting

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

Job Description

This role will be responsible for the overall supervision of the statutory accounts as well as assisting with internal an external reporting required by the Old Mutual Insure group. The successful incumbent will also partner with the business with financial knowledge and advice as well as develop supporting processes that continuously enhance the delivery of financial information.

More responsibilities will include the following:

Business Management Support

• Manage the monthly financial close process, including ensuring all transactions are recorded accurately and in line with IFRS principles.

• Manage daily activities to ensure accuracy and completeness of financial information.

• Produce and distribute monthly financial reports (internal and external) inclusive of commentary and facilitate all queries.

• Ensure that all reconciliations (balance sheet and income statements) are produced are accurate and are reviewed on a timely basis.

• Ensure Group reporting is accurate, on time and in line with group requirements.

• Co-ordinate and review all queries received by the holding company.               

• Ensure implementation and adherence to finance policies, procedures and systems across all teams

• Draft standalone annual financial statements within the appropriate accounting framework (IFRS and IFRS for SME's),

• Oversee and coordinate internal/external audits and ensure all business information provided is in line with the needs of the audit.

Continuous improvement to ensure effective service

• Ensure proper procedures and systems are being maintained to ensure accurate reporting and accounting statutory finance, in compliance with the company policies and statutory and regulatory standards and requirements

• Ensure adherence to organisational policies, practices, guides, mandates and procedures.

• Identify solutions to enhance cost effectiveness and increase operational efficiency.

Service delivery to ensure customer satisfaction

• Maintain service, quality and desired outputs within a specific functional process through ensuring compliance to tactical policies, procedures and standards.

• Establish productive operational relationships with key stakeholders in the various channels and administrative teams.

• Develop work routines in line with operational plans / schedules in order to manage achievement of service delivery goals.

• Share knowledge on, and participate in the creation of new standards, control systems and procedures to maintain service delivery.

• Key focus on ledger maintenance and ensuring that the ledger remains valid, accurate and complete.

Cost control and governance adherence

• Proactively ensure use of time, of resources, money, materials or equipment is in line with policies and procedures.

• Comply with corporate governance policies, procedures and standards.

• Operate within agreed mandates.

Quality people practices

• Align own behaviour with the organisation culture and values.

• Share and transfer product, process and systems knowledge to colleagues.

• Ensure achievement of own performance objectives.

• Actively share information with other team members regarding successes, issues, trends and ideas.

• Actively participate in own professional development and career path.

• Actively promote a culture of learning and high performance culture amongst team members.

Experience, knowledge & skills required

• Relevant Bachelor degree and/or equivalent (essential) and  preferably CA(SA) however relevant industry experience in this type of role will be considered

• 5-10 years’ internal/external financial reporting experience

• 5 years’ experience in management of people

• 2-5 years drafting IFRS financial statements

The Recruitment Process:

• TA Interview: This will be a discussion with a member of the Talent Acquisition Team to give you an understanding of our business, our culture & values and more context on the role. It will also allow us the opportunity to get to know you more and ensure OMI can meet your career aspirations.

• Panel Interview: This will be with 2 members of the Senior Leadership of the Hiring Team and 1 member of the HC Leadership Team.

• Technical & Psychometric Assessments: These will depend on the role and will sometimes happen concurrently with Vetting through an external service provider & Internal Verification.

• Final Feedback.

All About OMI:

https://www.oldmutual.co.za/about/old-mutual-insure/

https://www.linkedin.com/posts/old-mutual-insure_i-work-at-old-mutual-insure-of-course-activity-7161674472469524483-w0j6?utm_source=share&utm_medium=member_desktop

Please note that, unfortunately, we cannot accept any applications after the closing date

Skills

Accounting, Adaptive Thinking, Budget Management, Data Compilation, Data Controls, Evaluating Information, Executing Plans, External Financial Reporting, External Reporting, Finance, Financial Accounting, Financial Acumen, Financial Auditing, Financial Close, Financial Modeling, Financial Reports, Financial Statements, Management Accounting, Numerical Aptitude, Policies & Procedures

Competencies

Balances Stakeholders

Business Insight

Decision Quality

Ensures Accountability

Financial Acumen

Instills Trust

Manages Complexity

Optimizes Work Processes

Education

Bachelor of Commerce (BCom): Accounting Finance (Required), Chartered Accountant: Accounting (Required), NQF Level 9 – Masters

Closing Date

20 November 2025 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

The Old Mutual Story!