Job Description

• This role, a Senior Product Accountant position in Old Mutual International, is mainly responsible for the management of the policyholder accounting team together with associated BAU and project deliverables which includes but not limited to review of BAU accounting processes, maintenance and implementation of appropriate levels of internal financial control, compliance at an operational level and interpretation of financial data and predictive results.
• Key responsibilities will include amongst others:

Financial Reporting

• Review of oracle policyholder ledgers
• Review of disclosure reports to OM Wealth reporting team
• Valuation of Investments according to regulatory and international financial reporting standards
• Review of the PH Asset minus Liabilities calculation
• Ownership of the predictive accounting spec that drives the oracle ledgers
• Ensuring and developing a strong internal control environment through maintenance and continuous improvement of the controls process

Reconciliations

• Review of investments NAV reconciliations on a fund level
• Proper analysis of all Investment balance sheet and income statement accounts for validity, completeness, accuracy, and correct recording into the annual financial statements
• Review and in-depth analysis of Fees including checks on system generated fee calculations.
• Review of policyholder bank account recons as well as presentation of aging to management

Investment Repository

• Review of OMI investment repository and all related disclosure requirements

Stakeholder Management

• Working together with key stakeholders across the business in achieve financial/actuarial/management reporting, financial control, and project objectives.

Other

• Be the business finance lead in Controls Improvement Projects and tasks as required.
• Managing the required outcomes of audits of multiple entities which have different audit engagement requirements.
• Working closely with the operations team and or service providers to ensure the completeness and accuracy of Authorized Custodian as well as Direct Funds holdings data for reporting purposes.

Team Effectiveness

• Drive process improvements and simplification in accounting.
• Demonstrates commitment to implementing new technologies and automation of reporting and processes.
• Managing of team members, provides training and support to junior staff members, to ensure accurate and timely reporting and effective operational delivery.
• Strong interpersonal and communication skills and ability to work in diverse teams as well as independently.

Qualifications and Experience required:

• Chartered Accountant or similar qualification (with 4-5 years post article experience)
• 3 – 6 years relevant years’ experience within financial services
• Oracle financials experience would be beneficial.
• Advanced Excel skills would be beneficial.

Skills

• Accounting
• Action Planning
• Analytical Thinking
• Budget Management
• Computer Literacy
• Data Analysis
• Database Reporting
• Data Classification
• Data Compilation
• Data Controls
• Data Encoding
• Data Modeling
• Evaluating Information
• Numerical Aptitude
• Solution Analysis

Competencies

• Business Insight
• Collaborates
• Decision Quality
• Financial Acumen
• Manages Complexity
• Nimble Learning
• Optimizes Work Processes
• Resourcefulness

Education

• NQF Level 8 – Honours or Postgraduate Diploma or equivalent

Closing Date

• 17 June 2025 , 23:59