Product Accountant -Cape Town

Let's Write Africa's Story Together!

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

Analyses business, financial, control and general operating information to identify trends and opportunities for development and/or correction.

Provides commentary on financial results and implications and advises on corrective action to be taken.

Generates financial information.

Analyse and reports on variances.

Ensures all controls and working optimally and effectively.

Ensures all reconciling items are identified and investigated.

Understand root causes of reconciling items and agrees on remedial action with relevant parties/vendors to eliminate reoccurrence.

Performs testing and provide sign-off of remedial action before implementation into production.

Drive implementation of remedial action and ensure that it is delivered successfully within agreed timelines.

Responsible for the process ownership of key accounting processes on behalf of the wider business, and will thus champion the implementation, measurement and improvement of this/these processes.

Reviews work performed by team members to ensure that the controls have operated effectively.

Key involvement in projects.

Accountable for governance and compliance at an operational level.

Maintains suitable financial control environment.

Monitor effectiveness of controls and identify and implement any additional controls required.

Monitors internal controls and reporting on controls and processes, as well as recommending and implementing amendments to internal controls where appropriate.

Responsible for audit liaisons as per tax, legislative and statutory requirements and manages the external audit interaction and deliverables.

Generates internal management reports to report on internal controls and processes, as well as the financial position of the products.

Interacts with business unit line managers on financial outcomes, expense trends, etc.

Provides financial assistance and training to finance teams.

Provides assistance to the actuaries, auditors and other parties requiring information as needed.

Accountable, Accounting Processes, Auditing, Finance, Financial Analysis, Financial Analysis and Reporting, Financial Controlling, Internal Controls, Internal Reporting, Management Reporting, Patient Outcomes, Prioritization, Process Ownership, Strategic Planning

Bachelors Degree (B), with at least 5 years’ relevant experience preferably in a financial services environment.

• Bachelor of Commerce (BCom), BCom Accounting, B Compt or equivalent financial qualification.
• Minimum 5 years' relevant finance, accounting or product accounting experience.
• Financial services industry experience will be highly advantageous.
• Experience managing reconciliations, financial controls and governance processes.
• Proven experience interacting with auditors, actuaries and senior stakeholders.
• Strong Microsoft Excel, financial reporting and data analysis skills.
• Experience with investment administration or product accounting environments would be advantageous.
• CA(SA) qualification or progress towards a professional accounting designation would be beneficial.

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!