Assistant Financial Accountant

Let's Write Africa's Story Together!

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

Job Description

Key Result Areas:

Financial Reporting

• Compiles and populates records to trial balance level.
• Prepares draft income statement and balance sheet.

Reconciliations

• Ensures accurate reconciliations are done and followed up.
• Reviews control accounts and reconciliations.

Specific Key Result Areas

• Perform journals from bank statement movements and other sources.
• Processes journal entries in relation to the shareholder entities, timeously and accurately.
• Performs calculations to determine financial transactions required.
• Ensures that the financial records, including the trail balance is valid, accurate and complete.
• Performs inter-company reconciliations and confirmation of balances and corrects mismatches timeously.
• Reconciliation of all Balance sheet accounts, including bank account, ensuring that reconciling items are constantly monitored and actioned, and that there are no long outstanding reconciling items.
• Prepares documentation for payments on behalf of entities.
• Prepares, and submits within agreed deadlines:
• HFM Submissions (Monthly, Quarterly, Half Yearly, Annually).
• Disclosure submissions.
• Analytical Reviews.
• CFO sign off.
• Assist with preparation of business plan and quarterly forecasts.
• Prepare VAT calculation.
• Complete VAT and Tax submissions.
• Assist with preparation of the annual financial statements and running of audits until completion.
• Compile management accounts for board meetings.
• Compile relevant Tax schedules where required.

Qualifications, Skills and Experience:

Requirements: Skills, Qualifications and Experience required:

• Matric with good numeric skills
• Studying towards a Finance Qualification
• Minium 3 years’ relevant finance experience advantage.
• Experience working with HFM, and Oracle would be a distinct advantage.
• Excellent communication skills.
• Strong stakeholder engagement.
• A collaborative spirit.
• Strong technical ability.
• Superior time management ability.
• Excellent ability to problem solving.
• Attention to detail
• Fast Learner
• Flexible and committed to working beyond standard hours to meet business needs
• Builds positive relationships
• Maintains a Positive and Proactive Approach

Technical knowledge/competency:

• Transactional Accounting.
• Professional Accounting Standards.
• Financial Reporting.
• Business Planning, Forecasting and Budgeting.
• Financial and Variance Analysis.
• Internal Control & Risk Management.
• Taxation Statutory Returns.

At Old Mutual, we’re more than a financial services provider—we’re a purpose-driven organisation committed to Championing Mutually Positive Futures Every Day. We offer a dynamic, inclusive, and forward-thinking environment where innovation meets impact. Join us to be part of a team that values growth, collaboration, and integrity, and where your work contributes to building a safer, smarter financial ecosystem across Africa.

Old Mutual is committed to its transformation journey and this role will align to the organisation’s employment equity principles/ requirements.

Role Overview:

This role is accountable for the end to end internal and external reporting for subsidiaries of Old Mutual.  It includes accounting transactions, reporting, tax calculations and submission

Skills

Competencies

Education

Closing Date

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!