Finance Operations Manager

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 Finance Operations Manager is responsible for overseeing the end-to-end finance operations environment, ensuring the integrity, accuracy, and completeness of financial records while maintaining strong governance, internal controls, and stakeholder confidence.

Key Responsibilities:

Financial Operations Oversight

• Manage bank and cash, GL, accounts payable, fixed assets, accruals and provisions

• Ensure timely and accurate execution of BAU finance processes

Bank & Cash Management

• Daily bank reconciliations and clearing of reconciling items

• Strong controls over payments and cash handling

General Ledger & Financial Integrity

• Maintain GL health, monitor control and suspense accounts

• Ensure monthly balance sheet reconciliations

Insurance-Specific Finance Functions

• Oversee claims paid, salvage, and recoveries accounting

• Ensure proper cut-off and accuracy

Accounts Payable & Supplier Governance

• Ensure accurate invoice processing and supplier compliance

Fixed Assets Management

• Maintain asset register and depreciation

Accruals & Financial Close

• Ensure completeness of accruals and timely close

Governance, Controls & Compliance

• Maintain strong internal control environment

• Ensure DOA compliance and approval governance

Audit Liaison

• Manage internal and external audit processes

Stakeholder Management

• Engage business units and provide financial insights

Continuous Improvement

• Drive process improvement and automation

Approvals, Governance & Internal Controls

• Enforce approval frameworks for journals, payments, and adjustments

• Ensure segregation of duties and strong control design

• Monitor compliance with IFRS and internal policies

Qualifications & Experience

• BCom essential

• Postgraduate Qualification or CA(SA) advantageous

• 5+ years finance operations experience

Success Measures

• Clean audit outcomes

• Strong reconciliations and controls discipline

• Reduced unreconciled balances

• Timeous turnaround for stakeholder matters

The Recruitment Process:

• TA Interview: This will be a discussion with our Senior Talent Acquisition Specialist to give you an understanding of our business, our culture & values and more context on the role. It will also allow us the opportunity to get to know you more and ensure OMI can meet your career aspirations.

• Panel Interview: This will be with 2 members of the Senior Leadership of the Hiring Team and 1 member of the HC Leadership Team.

• Technical & Psychometric Assessments: These will depend on the role and will sometimes happen concurrently with Vetting through an external service provider & Internal Verification.

• Final Feedback.

All About OMI:

https://www.oldmutual.co.za/about/old-mutual-insure/

https://www.linkedin.com/posts/old-mutual-insure_i-work-at-old-mutual-insure-of-course-activity-7161674472469524483-w0j6?utm_source=share&utm_medium=member_desktop

Please note that, unfortunately, we cannot accept any applications after the closing date

 

Skills

Accounting, Adaptive Thinking, Budget Management, Business Requirements Analysis, Data Compilation, Data Controls, Evaluating Information, Finance Functions, Financial Accounting, Financial Acumen, Financial Analysis, Financial Auditing, Financial Modeling, Financial Operations, General Ledger (GL), Internal Controls, Managerial Accounting, Numerical Aptitude

Competencies

Business Insight

Decision Quality

Ensures Accountability

Financial Acumen

Instills Trust

Manages Complexity

Optimizes Work Processes

Organizational Savvy

Education

Bachelor of Commerce (BCom): Accounting Finance (Required), NQF Level 9 – Masters

Closing Date

07 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!