South Africa

Financial Accountant, Cape Town

Financial Accountant, Cape Town
Description
Job Description The Regulatory Reporting Team functions as part of the Group Reporting&Insights team within the Old Mutual Limited (OML) Group. The team has a broad knowledge of the business across the group due to the rigorous reporting required for designated Insurance Groups and Financial Conglomerates. This requires interaction with stakeholders across the group and regulatory bodies, leading to a strong working relationship with all the business segments within OML.

Key Result Areas

Ensure accurate and timely preparation, completion, and submission of the BA610 returns, which report on the offshore operations of South African banks, in compliance with the Prudential Authority’s directives under the Banks Act.

Compile and submit semi‑annual financial conglomerate returns within the timelines stipulated by the regulator.

Calculate and consolidate Group Equity Value across segments whilst ensuring alignment with internal valuation methodologies. Support decision‑making processes through accurate reporting.

Consolidate and prepare financial and strategic information required for S&P credit rating reviews.

Assist with any IAIS related requirements communicated via the Prudential Authority.

Maintain audit trails to ensure smooth audits across the processes.

Prepare ad‑hoc applications made to the local regulator.

Plan timelines to ensure timely and appropriate reviews occur.

Support the forecasting of Group Equity Value.

Drive operational excellence through active process review and improvements that ensure deliverables are performed accurately and efficiently.

Keep abreast with regulatory developments and ensure compliance within processes.

Participate in knowledge sharing initiatives within Group Reporting&Insights team.

Have an understanding of legal and management consolidation structures with a strong appreciation of need for process disciplines and controls.

Requirements

Basel III experience.

BA return experience.

CA (SA) advantageous or any relevant qualification.

Microsoft Office (Strong Excel, Word and PowerPoint).

HFM experience advantageous.

Critical thinking.

Analytical skills.

Willingness to learn.

Flexibility to adapt to changing environment.

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, Advanced Diploma or Postgraduate Certificate or equivalent.

Closing Date 27 May 2026, 23:59

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