Management 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** The role is that of a management accountant within the Old Mutual Wealth Management Expenses team with functions including Management Reporting, Expense Management, Budgeting/Forecasting, Expense Allocations, Financial Analysis/Interpretation of results and Adhoc Projects. This role requires an energetic self-driven individual that enjoys engaging with various stakeholders across the organisation on various expense related topics. **Key responsibilities will include amongst others:** * Managing month-end closure. Ensures validity, accuracy and completeness of transactions in the general ledger.  This extends to general ledgers in the broader segment entities, in relation to expenses. * Preparation of complex journals such as IFRS2, IFRS16 and Long-/Medium term incentive schemes.  * Review/Prepare monthly expense allocations within the segment.  This requires a full understanding of the allocation methodology, including understanding of IFRS17 methodology, within the Segment.  Assist with the annual review and implementation of revised methodology. * Generate internal financial/management reports and presentations including commentary. * Monthly Balance Sheet and Income Statement reconciliations – Review, maintain suitable financial control and drive corrective action through others. * Distribute budget variance reports to Exco and various stakeholders with commentary to enable the business to manage expenses appropriately. * VAT – good understanding of VAT treatment, regular review of treatment and drive system updates where necessary.  Assist with annual VAT apportionment review. * Expense Management/Financial/Process support to the business. * Monitoring application of expense Group Policies, and escalate instances of out of policy expenditure. * Drive expense governance with the various business stakeholders and budget centre owners.  * Manage reporting and budget centre owner hierarchies. * Co-ordination of the financial requirements and deliveries for expense budgets during the Annual Business Planning cycle. * Assist with the quarterly expense forecasting process. * Identify risks and proactively implement reconciliations and controls. * Drive process improvements and efficiencies. * Responsible for audit liaisons which is aligned to Group audit sign off. * Drive annual review process of procurement credit cards and fixed assets * Cashflow management. * Short Term Incentive reconciliation process to be performed annually to align accounting and account for over/under provision accurately. **Personal/Team Effectiveness:** * Ability to work in a fast-paced environment, with multiple priorities and deliveries with tight deadlines. * Individually accountable for tasks. * Effective time-management. * Proactive, eager to learn and share knowledge. * Systematic, methodical and attention to detail. * Strong work ethic, self-motivated and high standards of achievement. * Drive process improvements and efficiencies. * Trustworthy, dependable, accountable, team player. * Curious, tenacious, confident, solutions-oriented, resilient. * Strong communication skills. **Qualifications and Experience required:** * BCom accounting or similar. * At least 5 years’ experience in a Management Accounting role. * IFRS 16 and Incentive Scheme (IFRS 2) experience required. IFRS 17 understanding beneficial. * High Proficiency in Excel skills would be required. * Oracle Financials experience would be beneficial. * Previous Expense management and Allocations experience required. * Ability to build relationships across the business with various stakeholders and gain commitment. * Strong information monitoring skills and decision making. * Good communication skills – written & verbal. * Ability to deal with conflicting deliveries and working in a high pressured environment. **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** 11 August 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.**_ _**The Old Mutual Story!**_