Senior Product 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

Financial Analysis

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.

Financial Control

Analyses 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.

Governance and Compliance

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.

Management Reporting

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

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

Provides financial assistance and training to segment finance teams.

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

Team Effectiveness

Staff management and development will be a key component outside of the normal delivery.

Individually accountable for others time, tasks and output quality over periods of three months to a year.

Balances own priorities with directing and motivating others.

Creates a climate for optimal performance and guides and directs staff to achieve operational excellence standards.

Manages performance, plans & assigns work.

Selects potential staff to sustain customer/client service delivery.

Skills

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

Education

CA or relevant Qualification, with at least 5 years' relevant experience preferably in a financial services environment.

This role is part of the SAT finance team reporting to the Finance Manager and will be responsible for accounting of investments for South African and Namibian Max and Savings and Income products. The role overseas the ledger maintenance, reconciliations, internal reporting and interactions with Segment finance teams and various other stakeholders. The role is individually accountable for achieving results through others, over periods of 3 months to a year with a focus on governance and compliance at an operational level, preparation of management dashboards, interpretation of financial data and predictive results as well as implementation of accounting processes, systems and controls for investments. The successful candidate requires a solid financial grounding.
Accountable for the delivery of all the related financial reporting and control deliveries to various internal stakeholders in terms of monthly, quarterly and annual deliveries and includes all relevant control accounts.ResponsibilitiesBusiness Case

Develop straightforward business cases or lead feasibility and assessment work for proposed and current projects to support the development and continuous review of business cases.

Data Collection and Analysis

Use data from a wide range of sources to analyze key themes and identify possible impacts on the business.

Economic Research

Develop and/or deliver a plan for significant aspects of an economic research program, with guidance from senior colleagues.

Financial Modeling

Translate business objectives into clearly defined business cases, costs, and schedules to support growth in the business.

Insights and Reporting

Contribute to the design and creation of reporting strategies and templates. Lead execution of complex reports, identifying and interpreting complex patterns and trends, and translating those insights into actionable recommendations.

Data Management

Manage key aspects of the data management system. This includes being responsible for developing or operating key elements of the system.

Financial Policies, Guidelines, and Protocols

Create a plan to deliver and review financial policies, guidelines, and protocols to ensure the company complies with regulations and good financial practice.

Information and Business Advice

Provide specialist advice on the interpretation and application of policies and procedures, resolving complex or contentious queries and issues and enabling others to take appropriate actions.

Personal Capability Building

Act as subject matter expert in an area of technology, policy, regulation, or operational management for the team. Maintain external accreditations and in-depth understanding of current and emerging external regulation and industry best practices through continuing professional development, attending conferences, and reading specialist media.

Recommendations

Recommend changes to policies, processes, standards, and practices that would improve operational support.

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 InsightCollaboratesDecision QualityFinancial AcumenManages ComplexityNimble LearningOptimizes Work ProcessesResourcefulness

Education

NQF Level 9 – Masters

Closing Date

26 September 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

---