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 Product Accountant is a key member of the SAT Finance team, reporting to the Senior Product Accountant. The role is responsible for the financial control, reconciliation, reporting, governance and accounting oversight of investment products administered across the Stadium platform and other related systems. The successful candidate will work closely with Finance, Operations, Actuarial, Audit and Technology teams to ensure robust financial control, process excellence and regulatory compliance.

Responsibilities

Financial Analysis

Analyses business, financial, control and general operating information to identify trends and opportunities for development and/or correction.

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

Generates financial information.

Financial Control

Analyse and reports on variances.

Ensures all controls and working optimally and effectively.

Ensures all reconciling items are identified and investigated.

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

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

Drive implementation of remedial action and ensure that it is delivered successfully within agreed timelines.

Responsible for the process ownership of key accounting processes on behalf of the wider business, and will thus champion the implementation, measurement and improvement of this/these processes.

Reviews work performed by team members to ensure that the controls have operated effectively.

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.

Monitors internal controls and reporting on controls and processes, as well as recommending and implementing amendments to internal controls where appropriate.

Responsible for audit liaisons as per tax, legislative and statutory requirements and manages the external audit interaction and deliverables.

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 finance teams.

Provides assistance to the actuaries, auditors and other parties requiring information as needed.

Skills

Accountable, Accounting Processes, Auditing, Finance, Financial Analysis, Financial Analysis and Reporting, Financial Controlling, Internal Controls, Internal Reporting, Management Reporting, Patient Outcomes, Prioritization, Process Ownership, Strategic Planning

Education & Experience Required

Bachelors Degree (B), with at least 5 years’ relevant experience preferably in a financial services environment.

Role Minimum Requirements:

• Bachelor of Commerce (BCom), BCom Accounting, B Compt or equivalent financial qualification.
• Minimum 5 years' relevant finance, accounting or product accounting experience.
• Financial services industry experience will be highly advantageous.
• Experience managing reconciliations, financial controls and governance processes.
• Proven experience interacting with auditors, actuaries and senior stakeholders.
• Strong Microsoft Excel, financial reporting and data analysis skills.
• Experience with investment administration or product accounting environments would be advantageous.
• CA(SA) qualification or progress towards a professional accounting designation would be beneficial.

 

Skills

Accounting, Accounting, Action Planning, Analytical Thinking, Budget Management, Computer Literacy, Data Analysis, Database Modeling, Database Reporting, Database Reporting Software, Data Classification, Data Collation, Data Compilation, Data Controls, Data Encoding, Data Modeling, Data Quality Control, Digital Literacy, Evaluate Information, Evaluating Information, Financial Acumen, Management Reporting, Numerical Aptitude, Numerical Reasoning, Oral Communications {+ 2 more}

Competencies

Business Insight

Communicates Effectively

Decision Quality

Ensures Accountability

Financial Acumen

Manages Complexity

Plans and Aligns

Tech Savvy

Education

Bachelors Degree (B)

Closing Date

18 November 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!