Lets Write Africa's Story Together!

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

Job Description

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As the Group CFO, you shall be tasked with contributing to the Old Mutual East Africa financial strategy, maintaining a long-term focus on the future financial direction of the business. You shall partner with the East Africa Group CEO and business unit leaders in the development and rollout of the company’s vision and strategy, by improving and safeguarding financial results.

1. Key tasks and responsibilities

You shall be accountable for the execution of the financial strategy through managers and their teams to deliver sustained growth in the organization.  You will provide effective management of the Company’s financial and other resources and ensure timely and accurate reporting.

• Corporate Strategy Shaping - Participate in the development of corporate strategy for OMEA, applying functional expertise to test the viability of the strategy and contributing creative ideas and insights to support the strategy formation process
• Functional Strategy Formation and execution - Lead the development and implementation of strategy, anticipating mega-trends and complex challenges and opportunities and ensuring integration with wider corporate strategy.  Ensure the strategy is successfully implemented and meets long-term business needs.  Drive profitability of the business and guides the business on growing ROE, revenues, AOP and IFRS profits
• Board Relationship - Develop and improve relationships with board members, identifying priorities, issues, and strategic challenges and preparing them for discussion.
• Corporate Representation - Represent the organization in a variety of industry, institutional, and/or professional forums, boards, and committees in order to promote the company or institution brand or efforts. Represent the organization in external relations with investors, clients, industry, partners, the public, and others
• Corporate Social Responsibility/Integrity - Take overall responsibility for designing, developing, and delivering the organization's corporate social responsibility strategy and services, ensuring full compliance and accountability
• Leadership and Direction - Set and communicate the strategy, along with the broad actions needed to implement it, for achieving the OMEA's mission, vision, and values; inspire a large or diverse workforce to commit to these tenets and do extraordinary things to achieve the organization's business goals
• Regulatory and Compliance Management - Take overall responsibility for designing, developing, and delivering the compliance strategy to ensure the organization adheres to regulatory standards.  Assesses the effectiveness of the internal control environment by identifying the top inherent risks, reviewing the related key controls and key indicators
• Performance Management - Manage and report on business performance; hold direct reports accountable for achievement of business plans and take corrective action where necessary to ensure the achievement of business objectives, balancing the need to deliver short-term business objectives with the longer-term delivery of stakeholder value
• Organizational Capability Building - Identify the capabilities needed to meet the current and emerging business needs of the organization. Evaluate current capabilities, identify gaps, and prioritize development activities. Embed personal development and the fulfillment of personal potential in the culture of the organization
• Stakeholder Engagement - Identify and manage stakeholders up to and including the C-suite, finding out their needs, issues, and concerns and reacting to them by leading and coordinating the development of stakeholder engagement plans to support the communication of business information and decisions
• Budgeting - Take overall responsibility for setting and approving area budgets that achieve organizational strategy.  Including implementing adequate and effective management actions in order to ensure that the aggregate residual risk exposure is within the specified risk appetite limit and/or within the targeted level of expected operational losses
• Establish and monitor the implementation of an effective and robust treasury management system and robust investment strategies that secures company funds whilst maximizing profitability and facilitating effective cash flow management and compliance with the insurance act and investment guidelines
• Lead in the simplification, digitization and automation of finance systems and processes and implement robust accounting systems that are embedded with appropriate controls that help safeguard the company’s assets and ensure accurate and timely reporting
• The incumbent will be responsible for ensuring adherence to, implementation of, and adoption of Compliance, Anti-Money Laundering (AML), and Sanctions-related policies, procedures, and process requirements within Old Mutual and its subsidiaries. This includes execution of customer due diligence processes, ensuring compliance with Know-Your-Customer (KYC) standards, conducting ongoing and enhanced due diligence, and maintaining data quality. Additionally, the role involves identifying and monitoring potential AML, Sanctions, or Compliance breaches and unusual activities, and escalating these concerns to the Risk and Compliance Office for further action

2. Qualifications and Training

• Bachelor or Master’s degree in finance, Accounting, Business Administration, or a related field
• Professional accounting qualifications such as ACA, CA, CPA, or CIMA
• At least 7 years working experience in several accounting areas including financial reporting and management accounting, treasury, tax and audit. And at least 3 years in a senior finance management position
• Knowledge of integrated accounting systems
• Understanding of local customs and excise duties, VAT, Withholding and corporate tax laws
• Proven track record of managing large teams and driving process improvements
• Strong analytical, problem-solving, and decision-making skills
• Excellent communication and interpersonal skills

3. Competencies

• Aligns Execution - Planning and prioritizing work to meet commitments aligned with organizational goals
• Manages Complexity - Making sense of complex, high volume and sometimes contradictory information to effectively solve problems
• Builds Effective Teams - Building strong-identity teams that apply their diverse skills and perspectives to achieve common goals
• Ensures Accountability - Holding self and others accountable for meeting commitments
• Business Insight - Applying knowledge of business and the marketplace to advance the organization’s goals
• Strategic Vision - Seeing ahead to future possibilities and translating them into breakthrough strategies
• Drives Results - Consistently achieving results, even under tough circumstances
• Customer Focus - Provides cautious, timely and helpful service to encourage client loyalty
• Engages & Inspires - Creating a climate in which people are motivated to do their best to help the organization achieve its objectives
• Instills Trust - Gaining the confidence and trust of others through honesty, integrity, and authenticity
• Cultivates Innovation - Creating new and better ways for the organization to be successful
• Develops Talent - Developing people to meet both their career goals and the organization’s goals

4. Anti-Money Laundering (AML) Expectation

The incumbent will be responsible for ensuring adherence to, implementation of, and adoption of Compliance, Anti-Money Laundering (AML), and Sanctions-related policies, procedures, and process requirements within Old Mutual and its subsidiaries. This includes execution of customer due diligence processes, ensuring compliance with Know-Your-Customer (KYC) standards, conducting ongoing and enhanced due diligence, and maintaining data quality. Additionally, the role involves identifying and monitoring potential AML, Sanctions, or Compliance breaches and unusual activities, and escalating these concerns to the Risk and Compliance Office for further action.

Skills

Action Planning, Adaptive Thinking, Business Case Development, Business Requirements Analysis, Change Management, Current State Assessment, Customer Value Management, Executing Plans, Negotiation, Oral Communications, Policies & Procedures, Presenting Solutions, Strategic Planning

Competencies

Balances Stakeholders

Builds Effective Teams

Builds Networks

Collaborates

Communicates Effectively

Drives Vision and Purpose

Ensures Accountability

Financial Acumen

Education

NQF Level 9 – Masters

Closing Date

06 April 2026 , 23:59

The Old Mutual Story!