The Financial Accountant provides professional accounting support to the Chief Financial Officer by maintaining accurate and timely financial records for Old Mutual Eswatini companies. The role ensures the integrity of financial reporting, compliance with applicable standards (IFRS 17, IFRS 9, IFRS 16), and adherence to Old Mutual Group financial control frameworks. It involves preparing reconciliations, journal entries, trial balances, management reports, and supporting audits and regulatory submissions. The incumbent contributes to the financial health of the business by ensuring reliable information for decision-making, governance, and stakeholder confidence.
Key responsibilities will include amongst others the following:
Financial Management and Control
Prepare and post journal entries, reconciliations, and trial balances for month-end and year-end close.
Maintain integrity of general ledger accounts and ensure accurate financial classification.
Reconcile bank, suspense, and intercompany accounts and investigate variances.
Support the CFO in expense analysis, accruals, and fixed asset accounting.
Financial Reporting and Compliance
Prepare management accounts and supporting schedules within agreed timelines.
Assist in preparation of IFRS 17 and IFRS 9 reporting inputs for actuarial and group teams.
Support quarterly and annual statutory returns to FSRA, tax authorities, and Old Mutual Group.
Prepare audit packs and respond to internal and external audit queries.
Budgeting and Cost Management
Assist with annual budgets and quarterly forecasts.
Track and analyse expenses against budgets and provide commentary.
Support identification of process and cost efficiency opportunities.
Systems and Data Management
Maintain accuracy of financial data in financials and other systems.
Support system upgrades, interfaces, and automation initiatives.
Governance and Compliance
Ensure compliance with financial control procedures, Delegation of Authority, and Procurement Policy.
Adhere to all internal and regulatory compliance requirements.
Promptly escalate control weaknesses or irregularities to the CFO.
Stakeholder Support
Provide accurate and timely information to internal and external stakeholders.
Liaise with auditors, Group Finance, and local regulators on accounting matters.
Operational Compliance
Maintain and renew a deep knowledge and understanding of the organization's policies and procedures and of relevant regulatory codes and codes of conduct, and ensure own work adheres to required standards.
Or identify, within the team, patterns of noncompliance with the organization's policies and procedures and with relevant regulatory codes and codes of conduct, taking appropriate action to report and resolve these and escalating issues as appropriate.
Personal Capability Building
Develop own capabilities by participating in assessment and development planning activities as well as formal and informal training and coaching; gain or maintain external professional accreditation, where relevant, to improve performance and fulfil personal potential.
Maintain an in-depth understanding of technology, external regulation, and industry best practices through ongoing education, attending conferences, and reading specialist media.
Specific skills & experience required:
Bachelor’s Degree in Accounting, Finance, or related field.
Studying toward a professional qualification (ACCA, CIMA, CA, or equivalent).
Minimum 3 years’ experience in financial accounting or audit, preferably in insurance or financial services.
Strong understanding of IFRS and financial control principles.
Proficiency in Microsoft Excel and ERP systems.
Knowledge of IFRS 17 and IFRS 9 reporting advantageous.
Competencies
Business Insight
Communicates Effectively
Decision Quality
Ensures Accountability
Competency Financial Acumen
Competency Manages Complexity
Plans and Aligns
Competency Tech Savvy
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
Johannesburg
Expires
University of Pretoria
Pretoria
Expires
University of Pretoria
Johannesburg
Expires
Internet Corporation for Assigned Names and Numbers (ICANN)
Johannesburg
Expires
United Nations Population Fund
Pretoria
Expires
University of Pretoria
Johannesburg
Full Time
03 Dec 2025
03 Nov 2025