Old Mutual Property - CFO at Old Mutual South Africa

Job Description

A vacancy has arisen for a Finance Manager for Old Mutual Property also known as Old Mutual Real Estate Holdings Company (OMREHC) (Pty) Ltd.  This role has responsibility for a significant business unit, function or segment, defining and implementing financial strategy in the unit/ function/ segment, and ensuring the ongoing financial soundness and profitability of the unit/ function/ segment. The incumbent is individually accountable for achieving results through other managers and their teams, over periods of 1 to 2 years.

•    Responsible for the Financial Strategy and implementation thereof for OMREHC
•     Managing the financial accounting for OMREHC which includes and is not limited to:  
• 15 entities that needs to be consolidated
• Various sub-consolidations
• Annual financial statements
• Tax returns (provisional and final) for 7 entities
• Quarterly submissions on HFM
•     Accountable for OMREHC’s management accounts - continuous monitoring of the annual budget and ensure that revenue targets are met
•     Managing complex transactions in the private equity and real estate markets
•     Management of OM direct offshore assets - Two Rivers and India
•     Accountable for OMP’s Debt and treasury management
•     Board representation
•     Capital raising from external clients 
•     Assess long-term property strategy and identify opportunities for optimisation
•     Review financial and non-financial reports to devise solutions or improvements
•     Build trust relations with key partners and stakeholders and act as a point of contact for important shareholders
•     Give strategic advice and report results and findings to committee and board members
•     Keep relevant stakeholders informed of developments 
•     Maintain a deep knowledge of the markets and industry of the company 
•     Communicate and engage with the various segments within Old Mutual and stakeholders with respect to liability translations involving alignment between liabilities and hedging instruments