Assistant Management Accountant System Loan Accounts at Old Mutual South Africa

Job Description

• This role resides within the Strategy, Execution and Enablement team, ensuring all loan accounts are reconciled and balanced. The person will be responsible for the reconciliation and collections of all system loan accounts. The person will also be responsible for interacting with Accounts Receivables Clients and maintenance and support of the respective AR Processes.

Key Result Areas

Account Processing

• Prepare all system loan account reconciliations
• Investigate and clear imbalances utilizing Accounting Knowledge and Principles
• Following up on all loan account outstanding balances and ensuring these are cleared at Month-End
• Inter- and Intra-company (AGIS) collection processes, including Client support and query management.
• Monitoring and processing of all loan account journals. Ensuring the accuracy and completeness of these Journals.
• Liaising with the Human Resources team regarding the HR loan account and ensuring this is maintained accordingly.
• Prepares accounts, statements and invoices
• Assists Audit teams with audits.
• Uploading of customer billing and payments
• Capturing and allocation of payments
• Loading of customer master data.
• Processing of net settlements between balancing entities.
• Providing adhoc support to team and larger team
• Engage and support stakeholders with query resolution.
• Provides business with monthly reports

Financial Reporting

• Provides business with monthly statements.
• Establishes and monitors financial reporting systems.
• Provides information on organization or company management and financial systems for financial reporting purposes.

Personal Effectiveness

• Accepts and lives the company values.
• Individually accountable for managing own time, tasks and output quality over periods of 1 day to a maximum of three months.
• Makes increased contributions by broadening individual skills.
• Collaborates effectively with others to achieve personal goals
• Accepts and lives the company values

Requirements, Qualifications and Experience required

• BCom/Business Science degree(preferrable)
• Minimum 3 years working experience in financial services
• Oracle experience advantageous
• Accounts Receivables(Required
• Attention to detail
• Ability to work with large volumes of data
• Strong analytical skills
• Good communication skills
• Able to assimilate a significant amount of information
• Able to work under pressure in a stressful environment
• Motivated self-starter
• Team player
• Proficient in Excel

Closing Date

25 February 2023