Assistant Financial Accountant

<p style="text-align:left"><span class="emphasis-2"><b>Let&#39;s Write Africa&#39;s Story Together!</b></span></p><p style="text-align:left"><span class="emphasis-2">Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this. </span></p><p style="text-align:inherit"></p><p style="text-align:inherit"></p><p style="text-align:inherit"></p><p style="text-align:left"><b>Job Description</b></p><p style="text-align:inherit"></p><p style="text-align:inherit"></p>The Assistant Financial Accountant supports the Senior Financial Accountant in delivering accurate, timely and compliant financial reporting for the unit trust management companies. <br><br>The role is responsible for transactional accounting, general ledger processing, month-end close support, balance sheet and bank reconciliations, payments, cash management, management reporting, tax-related activities, and statutory and regulatory submissions. <br><br>The incumbent will maintain complete and audit-ready financial records, investigate and resolve reconciling items, support internal and external audits, and contribute to process improvement, with a keen focus on automation and the strengthening of financial controls across the UT Manco business.<p style="text-align:inherit"></p><p style="text-align:inherit"></p><p><b>Key responsibilities will include amongst others the following:</b></p><p></p><p><b>Financial accounting and month-end closing </b></p><ul><li>Process cashbook transactions and prepare journals supported by accurate calculations and documentation. </li><li>Prepare and submit month-end accruals and recurring or ad hoc journals for review and approval. </li><li>Support the completion of month-end and quarter-end close activities within agreed reporting deadlines. </li><li>Perform general ledger reviews and investigate unusual or aged balances. </li><li>Maintain complete, accurate and appropriately approved accounting records to trial balance level. </li></ul><p></p><p><b>Reconciliations and balance sheet control </b></p><ul><li>Prepare monthly bank and balance sheet reconciliations. </li><li>Investigate, resolve and escalate reconciling items within agreed timelines. </li><li>Maintain supporting schedules and evidence for material balance sheet accounts. </li><li>Monitor aged reconciling items and document corrective actions. </li><li>Support periodic balance sheet substantiation and control reviews. </li></ul><p></p><p><b>Payments, receivables and cash management </b></p><ul><li>Prepare and process supplier and ad hoc payments in accordance with delegated authorities and payment controls. </li><li>Monitor debtor receipts and creditor settlements and follow up outstanding or disputed items. </li><li>Maintain invoice listings and complete supporting documentation. </li><li>Monitor cash balances and assist with short-term cash-flow requirements. </li><li>Maintain bank account information and support banking mandate changes, subject to appropriate approval controls. </li><li>Assist with KYC and related banking verification requirements. </li><li>Ensure compliance with applicable procurement and i-Proc requirements.</li></ul><p></p><p><b>Management and regulatory reporting </b></p><ul><li>Prepare quarterly HFM submissions and support disclosure schedules. </li><li>Assist with regulatory and statutory returns, including<b> quarterly </b>SARB submissions. </li><li>Prepare routine and ad hoc management information for relevant stakeholders. </li><li>Perform validation checks and maintain supporting evidence for submitted information. </li><li>Investigate reporting variances and provide clear explanations where required. </li></ul><p></p><p><b>Tax, audit and compliance support </b></p><ul><li>Assist with supporting information for corporate income tax, VAT and other applicable tax submissions. </li><li>Maintain complete supporting documentation for tax calculations and submissions. </li><li>Respond accurately and promptly to internal and external audit requests. </li><li>Support the implementation and monitoring of audit action plans. </li><li>Escalate identified control, compliance or reporting issues promptly.</li></ul><p></p><p><b>Process improvement and stakeholder support </b></p><ul><li>Identify opportunities to simplify, standardize and automate finance processes. </li><li>Assist with the development, testing and implementation of process improvements. </li><li>Prepare and maintain process documentation, standard operating procedures and detailed workflows. </li><li>Investigate, resolve and, where necessary, escalate complex stakeholder queries. </li><li>Assist with ad hoc projects and tasks as required. </li></ul><p></p><p><b><span>Qualifications and Experience required:</span></b></p><p></p><p></p><ul><li><span>BCom Accounting degree, or equivalent.</span></li><li><span>Two to four years of relevant financial accounting experience, preferably within financial services, investment management or unit trust administration.</span></li><li><span>Practical experience in general ledger accounting, month-end closing, journal processing, balance sheet reconciliations and audit support.</span></li><li><span>Proficiency in Microsoft Excel, including manipulation of large datasets.</span></li><li><span>Experience with Oracle Fusion, HFM or a comparable ERP and consolidation system would be advantageous.</span></li><li><span>Exposure to regulatory reporting, tax compliance or financial services control environments would be advantageous.</span></li></ul><p> </p><p style="text-align:inherit"></p><p style="text-align:inherit"></p><p style="text-align:inherit"></p><p style="text-align:left"><b>Skills</b></p><p style="text-align:inherit"></p><p style="text-align:inherit"></p>Accounting, Action Planning, Budget Management, Computer Literacy, Database Reporting, Data Classification, Data Compilation, Data Controls, Data Modeling, Evaluating Information, Legal Practices, Management Reporting, Numerical Aptitude, Oral Communications, Report Review<p style="text-align:inherit"></p><p style="text-align:inherit"></p><p style="text-align:left"><b>Competencies</b></p><p style="text-align:inherit"></p><p style="text-align:inherit"></p>Builds Networks<h3></h3><h3></h3>Business Insight<h3></h3><h3></h3>Collaborates<h3></h3><h3></h3>Courage<h3></h3><h3></h3>Drives Results<h3></h3><h3></h3>Ensures Accountability<h3></h3><h3></h3>Financial Acumen<h3></h3><h3></h3>Manages Complexity<p style="text-align:inherit"></p><p style="text-align:inherit"></p><p style="text-align:inherit"></p><p style="text-align:left"><b>Education</b></p><p style="text-align:inherit"></p><p style="text-align:inherit"></p>NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent<p style="text-align:inherit"></p><p style="text-align:inherit"></p><p style="text-align:inherit"></p><p style="text-align:left"><b>Closing Date</b></p><p style="text-align:inherit"></p><p style="text-align:inherit"></p>17 September 2026 , 23:59<p style="text-align:inherit"></p><p style="text-align:inherit"></p><p><i><b>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.</b></i></p><p style="text-align:inherit"></p><p style="text-align:inherit"></p><p style="text-align:left"><i><span class="emphasis-2"><b>The Old Mutual Story!</b></span></i></p>