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** Old Mutual International finance team is looking for a Product Accountant position that will be mainly responsible for product accounting and compliance at an operational level, preparation of management reports, provision of interpretation of financial data and predictive results. **Key responsibilities will include amongst others the following:** * Prepare monthly management accounts and financial reports and review of oracle ledgers. * Provide interpretation of financial data and predictive analyses to support business and financial decision-making. * Prepare and provide financial disclosure reports to the reporting team, ensuring accuracy, completeness, and compliance with reporting requirements * Reconcile balance sheet accounts and investigate variances. **Investment reconciliations on a fund level** * Perform monthly bank reconciliations across multiple bank accounts, ensuring all transactions are accurately recorded and investigated where discrepancies arise. * Perform detailed reconciliation of policyholder fees at an individual policy level, ensuring fees charged, collected, waived, refunded, and reversed are accurately recorded and allocated. * Perform analysis of all balance sheet and income statement accounts for validity, completeness, accuracy, and correct recording into the annual financial statements. * Maintain and oversee the integrity, completeness, and accuracy of investment repository data across all investment products and portfolios. **Additional Responsibilities** * Provide support on ad hoc projects, initiatives, and operational tasks as required by the business. * Ensure that new projects and product implementations align with financial reporting, management reporting, and regulatory reporting requirements. * Develop and maintain accounting specifications and reporting requirements for new business products and initiatives. * Support audit processes by liaising with internal and external auditors and ensuring compliance with statutory requirements. * Collaborate closely with operations teams and external service providers to ensure the completeness, accuracy, and integrity of authorised custodian and direct fund holdings data for reporting purposes. **Team Effectiveness** * Drive process improvements and simplification in the area of accounting. * This includes automation projects and the preparation and maintenance of detailed workflows. * Effective time-management. * Individually accountable for tasks and output timeliness and quality. * Enhance and improve group collaboration efforts. **These responsibilities offer an overview and a general outline of the role and are not exhaustive.** **Qualifications and Experience required:** * Bachelor's degree, Advanced Diploma or equivalent qualification * Completed SAICA articles * CA(SA) preferred, not essential * 2-4 years relevant years of experience within financial services * Oracle financials experience would be beneficial * Advanced Excel skills would be beneficial * Power BI skill advantageous. * Exposure to multi-currency environments is advantageous. **Skills** Accounting, Budget Management, Business Requirements Analysis, Data Controls, Evaluating Information, Financial Accounting, Financial Acumen, Financial Analysis, Financial Auditing, Financial Modeling, Legal Practices, Managerial Accounting, Policies & Procedures, Report Review **Competencies** Business Insight Communicates Effectively Ensures Accountability Financial Acumen Manages Complexity Optimizes Work Processes Organizational Savvy Plans and Aligns **Education** NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent **Closing Date** 06 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!**_