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

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This vacancy is based in the SAT finance team reporting to the Senior Product Accountant and will be responsible for products migrating onto the SAT platforms. 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 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 as well as implementation of accounting processes, systems, and controls for a product. 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.

Accounting Records

Responsible for creating, verifying, and maintaining accounting records.

Implements accounting processes, systems, and controls for product.

Provides commentary on financial results and implications and advises on corrective action to be taken.

Generates financial information.

Analyses and reports on variances.

Financial Control

Performs a root cause analysis of all reconciling items to identify the appropriate remediation required.

Monitors the remediation to ensure that all remediation is being actioned correctly within agreed timelines.

Maintains suitable financial control environment.

Understand root causes of reconciling items and agrees on remedial action with relevant parties/vendors to eliminate reoccurrence.

Monitor effectiveness of controls and identify and implement any additional controls required.

Performs testing and provide sign-off of remedial action before implementation into production.

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.

Responsible for audit liaisons as per tax, legislative and statutory requirements and provide input into the audit process.

Management Reporting

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

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.

Role Minimum Requirements:

Financial Tertiary Education (B. Com., B.Compt., etc.) with at least 5 years’ relevant experience preferably in a financial services environment.

Articles would be advantageous.

Action orientation, self-starter, decisive and fast paced.

Ability to work under pressure.

Superior analytical and interpretation skills.

Excellent interpersonal and relationship building skills.

Verbal and written communication skills.

Ability to interact at all levels with stakeholders.

Solid planning, organising and time-management skills.

Must be an innovative and strategic thinker.

Good application of business principles

Attention to detail

Skills

Accounting, Action Planning, Budget Management, Computer Literacy, Database Reporting, Data Classification, Data Compilation, Data Controls, Data Modeling, Evaluating Information, Financial Acumen, Management Reporting, Numerical Aptitude, Oral Communications, Report Review

Competencies

Business Insight

Communicates Effectively

Decision Quality

Ensures Accountability

Financial Acumen

Manages Complexity

Plans and Aligns

Tech Savvy

Education

NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent

Closing Date

07 May 2026 , 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.

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