Old Mutual Limited – Head of Finance & Strategy.

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Your time is now to be your exceptional best at Old Mutual!

Job Description

Finance Operations                                                

  • Effective management of suppliers payments, timely and accurate statutory payments, utility bills and all supplier payments
  • Oversight on Petty cash & imprest administration ensuring branches are adequately replenished at all times.
  • Management of staff advances and settlements.
  • Liaising with Procurement & Admin Manager ensuring that Creditors and suppliers are managed satisfactorily.
  • Liaising with internal and External Auditors in carrying out periodical and Year end Audits respectively.

Internal Controls & Bank Reconciliations

  • Ensuring that all control account reconciliations are carried out on a timely basis for all control accounts and reconciling items are dealt with on time.
  • Ensuring that all bank reconciliations are carried out on a timely basis, investigations done on outstanding items and cleared.
  • Ensure good bank relationship management for purposes of correction and issuing of paying instructions.
  • Ensuring that all fixed assets are adequately recorded, reconciled and reported. Budget Preparations and Business planning
  • Involved in Business planning and budget preparation.
  • Budget control and monitoring by ensuring the budget holders take charge of their costs and through variance reports.
  • Support and/or undertake cost benefit analysis on all expenditures and investments. Taxation                                                
  • To ensure that monthly Tax computations are prepared and made on time such as PAYE, reverse tax and withholding tax.
  • Perform a quarterly tax health check.


  • Mentor and develop the team, managing work allocation, training, problem resolution and leave management.

Financial Reporting

  • Provide timely and accurate financial reporting, and feedback to various stakeholders i.e Executive Management, Board, CBK and Group.
  • Responsible for the maintenance/accuracy and correctness of the company’s general ledger.
  • Timely and accurate monthly branch and sector reports.
  • To ensure timely and accurate integration of data from all peripheral systems and T24 into Great Plains for reporting purposes.

    Revenue Assuarance

  • Revenue optimistion initiatives implementation
  • Revenue assurance audits.   
  • Daily &Monthly review of interest rates to ensure they are captured correctly.  
  • Ensuring compliance to revenue assurance control measures.
  • Products set up and review.

Bankwide AML, KYC & CFT Responsibilities

  • Communicating and reinforcing the AML-CTF compliance culture established by the board
  • Implementing and enforcing the board-approved AML, KYC & CFT policy within the Department, Unit or Branch

Skills and Experience



Bachelor of Commerce (BCom): Finance (Required)



Closing Date 23 April 2021




Old Mutual Limited

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