Lets Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

As the CFO, you shall be tasked with contributing to the broad financial strategy, maintaining a long-term focus on the future financial direction of the business. You shall be accountable for the execution of the financial strategy through Managers and their teams to deliver sustained growth in the organization. You will provide effective management of the Company’s financial and other resources and ensure timely and accurate reporting.

KEY RESPONSIBILITIES

The following detailed outputs are required from this role.

Setting and implementing the Finance strategy aligned to the Group business strategy.

• Accurate and timely finance reporting
• Prepare and ensure timely remittance of monthly VAT input/output tax returns for efficient customer service.
• Ensure that all company assets and rental income are adequately and timely insured
• Accountable for assessing business risk and ensuring compliance.
• Driving profitability of the business and guides the business on growing ROE, revenues, AOP and IFRS profits.
• Optimizing procurement organization to achieve procurement savings.
• Providing tax advisory services in order to optimize tax and de-risk the business.
• Implementing adequate and effective management actions in order to ensure that the aggregate residual risk exposure is within the specified risk appetite limit and/or within the targeted level of expected operational losses.
• Assessing the effectiveness of the internal control environment by identifying the top inherent risks applicable to the business, reviewing the related key controls and key indicators.
• Driving people development and the management of talent within Finance to ensure a strong succession pool.
• Implement robust accounting systems that are embedded with appropriate controls that help safeguard the company’s assets and ensure accurate and timely reporting.
• Liaises with external auditors on audit activities of the company.
• In charge of the preparation of annual budgets and long term business plans and ensures all departments and units comply with budgetary provisions
• Establish and monitor the implementation of an effective and robust treasury management system that secures company funds whilst maximizing profitability and facilitating effective cash flow management and compliance with the insurance act and investment guidelines.
• Manage the company’s cash flows in order to meet all liabilities as they may fall due. This will include effective asset and liability management in order to match the maturity profiles of assets and liabilities.
• Manage the company’s credit policy and effective follow-up of debts. 
• Ensuring strong financial and capital management practices adopted across the business.
• Develop robust investment strategies that will be in line with business plan
• Ensure compliance with statutory provisions in respect to financial reporting, taxation, other statutory payments and insurance Act.
• Prepare annual report and accounts for the Board and statutory purposes.  Further ensuring effectiveness and accuracy of financial reporting as well as clean audit, risk and compliance reports.
• Files all necessary returns with the registrar of companies
• Advise management and the board on financial matters relating to Properties.  Appraise property investments to ensure required rate of return is achieved.

KEY COMPETENCIES

The following key behavioural competencies are required to be successful in this role.

• Aligns Execution - Planning and prioritizing work to meet commitments aligned with organizational goals.
• Manages Complexity - Making sense of complex, high volume and sometimes contradictory information to effectively solve problems.
• Builds Effective Teams - Building strong-identity teams that apply their diverse skills and perspectives to achieve common goals.
• Ensures Accountability - Holding self and others accountable for meeting commitments.
• Business Insight - Applying knowledge of business and the marketplace to advance the organization’s goals.
• Strategic Vision - Seeing ahead to future possibilities and translating them into breakthrough strategies.
• Drives Results - Consistently achieving results, even under tough circumstances.
• Customer Focus - Provides cautious, timely and helpful service to encourage client loyalty.
• Engages & Inspires - Creating a climate in which people are motivated to do their best to help the organization achieve its objectives.
• Instills Trust - Gaining the confidence and trust of others through honesty, integrity, and authenticity
• Cultivates Innovation - Creating new and better ways for the organization to be successful.
• Develops Talent - Developing people to meet both their career goals and the organization’s goals.

 

 KNOWLEDGE AND EXPERIENCE

• Bachelor or Master’s degree in finance, Accounting, Business Administration, or a related field.

• Professional accounting qualifications such as ACA, CA, CPA, or CIMA.

• At least 7 years working experience in several accounting areas including financial reporting and management accounting, treasury, tax and audit. And at least 3 years in a senior finance management position

• Knowledge of integrated accounting systems

• Understanding of local customs and excise duties, VAT, Withholding and corporate tax laws.

• Proven track record of managing large teams and driving process improvements.

• Strong analytical, problem-solving, and decision-making skills.

• Excellent communication and interpersonal skills

ANTI-MONEY LAUNDERING (AML) EXPECTATION

The incumbent will be responsible for ensuring adherence to, implementation of, and adoption of Compliance, Anti-Money Laundering (AML), and Sanctions-related policies, procedures, and process requirements within Old Mutual and its subsidiaries. This includes execution of customer due diligence processes, ensuring compliance with Know-Your-Customer (KYC) standards, conducting ongoing and enhanced due diligence, and maintaining data quality. Additionally, the role involves identifying and monitoring potential AML, Sanctions, or Compliance breaches and unusual activities, and escalating these concerns to the Risk and Compliance Office for further action.

 

 

 

Skills

Budget Management, Business Requirements Analysis, Business Risks, Capital Management, Cash Flow Management, Financial Accounting, Financial Acumen, Financial Analysis, Financial Auditing, Managerial Accounting, Profitability

Competencies

Business Insight

Decision Quality

Ensures Accountability

Financial Acumen

Instills Trust

Manages Complexity

Optimizes Work Processes

Organizational Savvy

Education

Bachelors Degree (B): Finance (Required), Masters Degree (M): Finance (Required)

Closing Date

23 September 2026 , 23:59

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