Career Opportunities at Old Mutual South Africa

Job Description

This is a sales role. It undertakes third party marketing (selling) and relationships building with brokers. The incumbent endeavours to increase Old Mutual’s market share by means of maximising business submission and retention to Old Mutual.

• Do you have experience in the financial services industry in financial planning and/or marketing? 
• Are you passionate about making South Africa a better place for everybody by helping intermediaries to support their clients to plan for the future, prepare for the unexpected, and provide for their loved ones?
• Would you love to work for a company who, for 177 years, has been helping our clients and intermediaries do great things?
• Are you an entrepreneurial, ambitious individual?

Role Qualifications:

• Relevant experience as a broker consultant, financial advisor, broker support staff or in a marketing role within the financial services industry
• Grade 12
• A 3-year degree/diploma will be an added advantage
• Fluent in English and Afrikaans
• Valid driver’s license and own reliable transport
• Willingness to work for commission only (Please take note that the incumbent will get adequate financial support to establish a viable panel of allocated brokers/financial advisors)

Closing Date

31 December 2023

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Job Description

• The Interoperability team plays a key role within Old Mutual Limited, facilitating organized and effective data exchange between information systems to support digital engagement. Old Mutual’s longstanding history and unquestionable success in the financial industry provide a solid foundation for expansion of its digital platform.
• The Lead IT Support Specialist role requires participation in technical design, implementation and maintenance of software and infrastructure supporting applications or services in the Interoperability layer.
• The Lead IT Support Specialist is responsible for day-to-day support and maintenance of IBM  MQ Q Managers and IBM Integration Brokers (IIB), hosted across RHEL on AWS platforms.
• The individual will be responsible for achieving results through own efforts relating to all MQ and IIB related operational tasks, using Agile principles.

Key responsibilities:

• Install and configure IBM Websphere MQ and IBM Integration Broker
• Maintain and support Q Manager and Broker infrastructure and hosting platform
• Responsible for capacity monitoring
• Complete daily system health checks
• Maintain system diagrams and relevant system documentation
• Manage end-to-end patch management, security of compliance of RHEL environment
• Disaster recovery and business continuity
• Monitoring and Management of Q Manager and Broker Infrastructure and backups
• Troubleshooting and integration with other systems
• Manage certificates on Linux
• Facilitate continuous improvement to increase stability, client delight and operational excellence

Additional support requirements:

• Communicates effectively regarding support-related activities.
• Pro-actively monitors the production environment.
• Provides 24 x 7 first-line standby / support for production environments.
• Participates in software and/or hardware upgrades.

Requirements: Qualifications and Experience

• Matric, with a degree in Computer Science/ Engineering/ Mathematics or related  
• IBM Certified System Administrator in MQ and Integration Broker
• Linux certification
• AWS Certification
• 5+ years experiences in a similar role
• 5-6 years practical technical support experience. Broader knowledge across platforms.
• A good understanding of any of (proof of experience) IT Maintenance and Support functions
• Strong analytical and problem-solving skills with experience in troubleshooting MQ and IIB issues as well as performance issues
• Experience with Linux scripting and infrastructure automation
• Familiarity with networking devices, protocols, load balancing, LDAP, failover, clusters
• Experience with Dynatrace monitoring and Grafana tool
• Knowledgeable in resolving heap and out of memory thread issues
• Standby availability (after hours)
• DR facilitation and roll-out management
• Experience on Incident, Change and Problem management within SLA (ServiceNow and Jira)
• Excellent communication (oral and written), interpersonal, and organizational skills are required; teamwork and collaboration

Required Skills

• MQ Administrator, IIB Administrator, AWS Practitioner, Disaster Recovery (DR), Information Technology (IT) Support, Infrastructure Automation, Java, Production Environment, Systems Support, Red Hat Enterprise Linux

Closing Date

31 March 2023

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Job Description

• The Lead API Developer leads the development of high-quality designs and solutions. This role requires participation in technical designs, development, maintenance and management of applications interfaces or services.
• The incumbent will be expected to liaise with clients to investigate, analyze, and solve software problems to continuously improve service offering. This role requires fundamentals in engineering practices, an analytical and data-driven approach to problem solving, while following the DevOps, SRE and Cloud Based practices.
• Assists solution construction including programming, systems testing and correction of programme models.
• Interprets and executes test plans, or assists in developing test plans in conjunction with Systems Analyst, Senior Analyst Programmer or Business Analyst.
• Develops technical specifications / program specifications and some systems documentation.
• Responsible for support of application through Incident, problem and change management processes
• Monitor and maintain Application program Interfaces
• May assist with analysing system design requirements.
• Advises Management on effective applications, covering areas such as maintenance, support, man-machine interface and data management requirements.
• Provides sizing and scoping for development work required
• May take the task lead with smaller work initiatives
• May coach and mentor junior / new staff (programmer).
• Works with limited supervision
  Work closely with multi-skilled and cross-functional teams e.g., architects, developers, UX designers, business analysts 
• Drive technology design and implementation 
• Enable rapid iteration 
• Draft technical specifications Monitor application performance 

Closing Date

31 March 2023

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Aspires to be a Financial Advisor

• We are looking for self-motivated and dynamic individuals who have a passionate entrepreneurial spirit to join one of Africa's leading insurance companies
• The role at a glance is about championing our valued customers to achieve their lifetime goals by identifying their financial needs, providing sound financial advice, recommending and implementing "fit for purpose" financial plans and solutions.

Education

• Bachelors Degree (B), High School (Grade 12) (Required)

Closing Date

20 March 2023

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Job Description

This role prepares monthly reports on all tax aspects and is responsible for the calculation and payment of taxes as well as submission of all tax returns in a business unit. The incumbent is individually accountable for achieving results through own efforts.

• Calculates and pays taxes.
• Reviews and approves tax payments.
• Prepares monthly reports on all tax aspects.
• Responsible for the completion and submission of all tax returns.
• Prepares tax budgets and forecasts for the business unit.
• Controls the production and distribution of IRP5 certificates and annual SITE and PAYE returns to the tax authorities.
• Replies to or provides input to tax queries received from SARS, and applications to SARS for PAYE / VAT rulings, with support from the tax consultant.
• Determines correct accounting procedures for aspects of the company's flexible remuneration package relating to taxation.
• Keeps abreast of all tax legislation and changes and remuneration policies and practices. .
• Interprets the VAT Act, PAYE and Case Law.
• Provides advice and guidance on minimizing PAYE / VAT liabilities.
• Implements the strategy to minimize tax risk for the organization.
• Monitors PAYE / VAT compliance within business units on a monthly basis and reviews all statutory PAYE / VAT returns.
• Assists with the development and implementation of corporate policy on PAYE / VAT issues and processes.
• Responsible for the production of accounting and taxation schedules.
• Performs data integrity checks on client tax data.
• Ensures tax allocations are completed and certificates are produced when required.
• Produces automated tax returns.
• Ensures tax certificates are issued.
• Reviews and manages tax accounting processes.
• Accountable for reviews of VAT reconciliations, returns, compliance documents and replies to VAT queries from SARS.
• Assists in development and implementation of tax systems planning opportunities for the organization and ensures that all requirements e.g. data flows/reporting are met.
• Assists in developing tax planning opportunities.
• Prepares objections/ADRs.
• Analyses transactions and new products form a tax point of view.
• Advises on tax aspects of transactions and projects undertaken by the organization.

Experience, knowledge & skills required

• BCom or similar
• 2-3 years’ experience in corporate Investment, Treasury & Tax management

Skills

• Direct Tax, Income Taxes, Indirect Taxes, Microsoft Excel, Tax Compliance, Tax Filings, Tax Preparation

Education

• Bachelor Commerce

Closing Date

14 March 2023

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Job Description

• Review relevant transactions and reconciliations to ensure it is recorded in line with IFRS and accurately reflected in the financial records of the company.
• Assist with the implementation of new IFRS standards (i.e., IFRS 17)
• Provide technical guidance on application of IFRS 17
• Develop and Finalize IFRS17 Financial statements and reports
• Liaise with internal & external Stakeholders to provide assurance on IFRS 17

Responsible to ensure that the integrity of the financial information on a monthly basis is accurate, complete and is in terms of IFRS principles.

• To review financial transactions on the accounting system before final posting to ensure that all transactions are processed accurately in terms of sources systems.
• To apply the basic accounting principles, knowledge, and techniques to analyse variances, assist in production of journals, and perform routine accounting activities.
• To perform accounting computations and calculations accurately, and try to identify if there are discrepancies, and if there are any errors, try to resolve them.
• Prepare or collate reconciliations for each balance sheet line item using external verification.
• Prepare or collate reconciliations for key income statement accounts.
• Recommends financial actions by analysing accounting options.
• Substantiates financial transactions by auditing documents.
• Maintains accounting controls by preparing and recommending policies and procedures.
• Reconciles financial discrepancies by collecting and analysing account information from source system
• Prepare, examine, and analyse accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
• Develop work routines in line with operational plans / schedules in order to ensure deliverables are met on time.
• Analyse segment results and obtain appropriate commentary.
• Prepare internal reporting for the relevant segments and executive team as well as any group reporting requirements.
• Review outcome of the costing model and ensure accurate and complete and in line with the costing principles.
• Assisting with preparing Annual Financial Statements for smaller entities.

Minimum Requirements

• Relevant Bachelor degree and/or equivalent (essential)
• Articles preferable
• 5-8 years’ experience in a Financial accountant role

Closing Date

17 March 2023

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Job Description

• This role is responsible for collating statistical information into reporting solutions to satisfy business requirements.
• The focus of the role is to facilitate an audit initiative, with the support of Management, to reduce business user access to the OMF product database. Provides MIS support to satisfy existing reporting requirements and, with the guidance of the Senior BI Analysts, develop and design automated reporting platforms required to provide knowledge and insight to drive business decisions. Analyses and makes recommendations on data. Data mining, data modelling, report creation and automation, end user education and training. Provides ongoing support to users to ensure successful adoption and troubleshooting of the solutions developed. Supports users through their UAT processes, including testing and documentation of the solution developed. Prioritises and works autonomously, yet collaboratively, when needed. Contributes to the BI strategy and develop and maintain sound knowledge of the Old Mutual Finance business, vision and value

Closing Date

14 March 2023

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Aspires to be a Financial Advisor

• We are looking for self-motivated and dynamic individuals who have a passionate entrepreneurial spirit to join one of Africa's leading insurance companies.
• The role at a glance is about championing our valued customers to achieve their lifetime goals by identifying their financial needs, providing sound financial advice, recommending and implementing "fit for purpose" financial plans and solutions.

Education

• Bachelors Degree (B), High School (Grade 12) (Required)

Closing Date

20 March 2023

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Role Details

• Role Overview:  The role has responsibility for the delivery of audits in the Governance, Regulatory, Compliance and Risk Management domains within Old Mutual Limited (OML).
• This is an exciting role for someone interested in being at the forefront of modern assurance and advisory activities of the governance and regulatory environment of a diversified financial services group.  In particularly the areas of market conduct and customer-centric regulation, financial crime (including Anti-Money Laundering and FATCA), governance, compliance and risk management.
• The role is responsible for the delivery of audit engagements, support in the development of the annual audit plan and delivery of the audit plan, identification of modern data analytic continuous monitoring techniques and robotic audit opportunities within the portfolio, updating the audit universe, execution of audits and preparation of audit reports. This role will support the Audit Lead for the Governance, Regulatory and Compliance (GRC) portfolio in executing on audits and supporting the managing of stakeholder relationships.

Key Result Areas / Outputs

Delivery of Services

• Contribute to the development of the portfolio audit plan including the update and maintenance of the audit universe and identification of emerging risks;
• Contribute to the development of the GIA-wide audit plan, providing regulatory, governance and risk management insights on trends and emerging areas of focus.
• Execute and deliver the audit plan and management requests timeously;
• Contribute towards and provide updates on the Combined Assurance Plans for the portfolios;
• Understand the business, its functions, products and risk profile;
• Apply knowledge of governance and risk management to develop the internal audit plan and deliver audit engagements within the portfolio;
• Apply knowledge of the regulatory environment and key legislation impacting the business, to develop the internal audit plan and deliver audit engagements within the portfolio as well as across the GIA-wide portfolio, including Rest-of-Africa;
• Develops process understanding, risk and control matrices and perform control design and effectiveness assessments;
• Prepare the audit planning memorandum and letter of intent;
• Deliver impactful audit assignments on time, within budget and in accordance with GIA methodology and in line with agreed quality standards;
• Identify areas for continuous controls/risk monitoring, utilizing data analytic techniques, as well as audit automation opportunities and facilitate the implementation of these;
• Analyse root causes of issues identified and make recommendation to management to improve the control environment;
• Delivery of impactful audit findings/reports with well thought out management actions and due dates;
• Facilitate the agreement of audit findings and ratings with the relevant stakeholders;
• Facilitate the integrated audit approach where necessary, such as use of IT and data analytics;
• Execute on the issues assurance plan and ensure it is executed timeously and within quality standards; and
• Support the Audit Manager/Senior Audit Manager/Lead/Head of Audit with administration activities.
• Support the Audit Manager/Senior Audit Manager/Lead in managing stakeholder engagement and relationships at the appropriate level.
• Assist with the management of the portfolio GIA stats process and monthly reporting process by engaging line 1 and line 2; and
• Comply with IIA Code of Ethics and GIA Policies and Procedures.
• Contribute to a positive, professional and caring culture with GIA; and
• Support activities and initiatives focusing on the development of expertise.

Qualifications, Skills and Experience:

Academic requirements

• Relevant 3-year Diploma, University Degree (majoring in either auditing, risk management, accounting, business administration, compliance, law, governance, etc.)
• Post graduate qualification
• Studying towards a professional Qualification (e.g. CA (SA), CIA or LLB).

Experience

• Minimum 3 – 5 years in auditing, risk management or compliance role.
• Experience in the long-term (life) insurance, wealth and asset management industries will be advantageous. 
• Knowledge of market conduct frameworks and regulations.
• Experience in integrated assurance approaches utilising data analytic techniques will be advantageous.
• Good background in the financial services industry and its regulatory environment
• Good understanding of the business management processes, risks and controls.

Experience of client relationship management as part of the assurance process.

• Proven technical knowledge that is demonstrated in application to specific situations
• Understanding and application of the risk management and governance frameworks
• Good written and verbal communication skills
• Able to travel locally and internationally
• Proven track record in dealing with audit clients
• Uses Microsoft Word and Excel effectively

Personality (Attitude)

• The position will require an energetic and dynamic individual who will identify with the aspirations of a blue chip company in the financial services arena;
• Professional and positive attitude;
• Strong interpersonal skills (communication, negotiation, presentation and conflict handling);
• Strong analytical skills;
• Deadline-orientated and client-centric;
• Ability to interact with client staff and senior management across various functions and divisions;
• Enjoys working in a team environment with a participative management style, believes and participates in the development of people and is a magnet for top talent;
• Appreciates and fosters a positive, collaborative and professional working environment and culture;
• Driven to deliver real value and quality service to a demanding and diverse client base;
• High standards of performance for self and others;
• Confident in own abilities and operate independently;
• Adaptable to changes in work tasks or environment; and
• Able to initiate action to accomplish objectives.

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.

Closing Date

18 March 2023

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Role Overview:

• The role has responsibility for the delivery of audits in the enabling functions (finance, actuarial, tax, governance, risk) within Old Mutual Limited (OML).
• This role will support the Audit Lead in executing on audits and managing stakeholder relationships.

Key Result Areas / Outputs

Delivery of Services

• Contribute to the development of the portfolio/s audit plan including the update and maintenance of the audit universe and identification of emerging risks;
• Execute and deliver the audit plan and management requests timeously;
• Contribute towards the Combined Assurance Plans for the relevant portfolios;
• Understand the business, its functions, products and risk profile
• Understand the regulatory environment and key legislation impacting the business
• Develops process understanding
• Prepare risk and control matrices and perform control design and effectiveness assessments
• Prepares audit planning memorandum and letter of intent.
• Deliver audit assignments on time, within budget and in accordance with GIA methodology and in line with agreed quality standards;
• Implement data analytic and audit automation techniques across the portfolio;
• Delivery of impactful audit reports with well thought out management actions and due dates;
• Facilitate the agreement of audit findings and ratings with the relevant stakeholders;
• Identify areas for continuous controls/risk monitoring, utilizing data analytic techniques, as well as audit automation opportunities and facilitate the implementation of these;
• Analyse root causes of issues identified and make recommendation to management to improve the control environment;
• Execute on the issues assurance plan and ensure it is executed timeously and within quality standards.
• Support the Audit Manager/Lead with file administration activities
• Support the Audit Manager/Lead in managing stakeholder engagement and relationships at the appropriate level
• Manage the portfolio GIA stats process and monthly reporting process by engaging line 1 and line 2; and
• Comply with IIA Code of Ethics and GIA Policies and Procedures.
• Contribute to a positive, professional and caring culture with GIA; and support activities and initiatives focusing on the development of expertise.

Qualifications, Skills and Experience:

Qualifications & Professional Affiliations

• Relevant 3-year Diploma, University Degree
• Post graduate qualification
• Studying towards a professional qualification CA (SA), CIA etc.
• Professional Qualification CA (SA), CIA, CFA would be advantageous.

Experience

• Minimum 3 to 5 years’ experience in auditing

Good background in the financial services / insurance industry

• Knowledge of the life insurance environment
• Knowledge of finance processes and financial reporting requirements (e.g. IFRS17) within insurance
• Knowledge of SA life and pensions products and industry
• Knowledge of the regulatory environment for the SA life insurance industry
• Good understanding of the business management processes, risks and controls
• Good accounting knowledge and application of accounting principles

Experience of client relationship management as part of the audit process

• Proven technical knowledge that is demonstrated in application to specific situations
• Understanding and application of the risk management and governance frameworks
• Good written and verbal communication skills
• Able to travel locally and internationally
• Proven track record in dealing with audit clients
• Uses Microsoft Word and Excel effectively

Personality (Attitude)

• Professional and positive attitude. Strong interpersonal skills (communication, negotiation, presentation and conflict handling)
• Strong analytical skills
• Deadline-orientated and client centric
• Ability to interact with client staff and management across various functions and seniority
• Enjoys working in a team environment with a participative management style and believes and participates in the development of people
• Driven to deliver real value and quality service to a demanding and diverse client base
• High standards of performance for self and others
• Confident in own abilities and operate independently
• Adaptable to changes in work tasks or environment
• Able to initiate action to accomplish objectives

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.

Closing Date

18 March 2023

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Job Description

An exciting opportunity has arisen within NEXT176 for a Finance business partner. This role offers exposure to an interesting combination of technical, finance and business issues and will ensure the implementation of financial policies, procedures and practices at a divisional tactical level and to provide guidance and support to Senior Management in dealing with all aspects of finance in accordance with such policies and procedures whilst also achieving operational goals and objectives.

• Perform analysis in business areas and provide insights to management on how to improve financial performance
• On a monthly basis assess business performance against budget/forecasts and guide business in implementing appropriate initiatives to meet budgets
• Identify financial implications of business practices, and implement appropriate solutions
• Identify financial risks in business areas and work with business to implement effective controls
• Identify trends in business and financial implications
• Provide assistance with financial aspects of projects
• Provide general commercial advice to business areas
• Provide link between business and finance areas
• Challenge, guide and support the business areas with product costing and pricing
• Review systems from a financial perspective
• Financial modelling to support feasibility studies / business cases for new initiatives
• Support business areas in creation of business plans and forecasts
• Support business areas in collaborating with other OML group areas where necessary to achieve business goals
• Comparison of Financial performance against relevant competitors

Skills

• Audit Preparations, Finance, Financial Analysis and Reporting, Financial Controlling, Internal Controls, Management Reporting, Statutory Requirements, Tax Accounting

Education

• Bachelor of Commerce Honours in Financial Accounting (BCom Hons): Accounting Finance

Closing Date

22 March 2023

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• We are looking for a Senior Financial Accountant who enjoys technical accounting to join our dynamic team of experts. This role will ensure the accounting of our new businesses, ventures, and partnership deals are accounted for correctly in the Financial records, collaborating with Group technical accounting where necessary. The role will report to and provide a strong business partnership with the Finance Manager for achievement of the overall business objectives.

Financial Accounting:

• Manages the financial reporting requirements.
• Ensures that all financial accounting transactions and provisions are accurately reflected in the Next176 ledgers and that accounting policies are consistently applied in all the financial information prepared by Next176.
• Responsible for integration of accounting standards and disclosures into the reporting processes and systems of Next176
• Advising on structuring and accounting consequences of proposed corporate activity
• Responsible for the Next176 HFM submission and offline schedules to Old Mutual Limited
• Respond to and manage queries from Group Reporting on internal submissions
• Responsible for Next176 tax submissions including Provisional tax and Annual returns, the review of VAT returns and deferred tax calculations and ensuring tax compliance
• Prepare all regulatory submissions
• Preparation of Next176 audited financials ensuring that disclosures are in accordance with accounting standards, and Companies Act requirements.
• Audit liaisons as per tax, legislative and statutory requirements ensuring audit preparation is done in advance and requests are responded to adequately
• Provides commentary on monthly and Quarterly financial results and the implications thereof and advises on corrective action to be taken; 
• Drives & collates monthly submission consisting of reports to venture leads with commentary.

Control environment:

• Maintains a strong financial control environment
• Reviews Balance sheet recons
• Effects on-going changes to internal controls as necessitated by changes in business and corporate governance.

Qualifications, Skills and Required Experience 

• Accounting degree, CA(SA) preferable with minimum 2 years’ relevant post-qualification experience in the financial services industry dealing with a variety of financial services products
• Demonstrated understanding of IFRS and technical application and demonstrated interest in staying up to date with changes in accounting standards
• A self-starter who is able to take initiative and run and drive issues until they are resolved.
• Process orientated with the ability to set up new processes and systems or improve existing ones
• Proven ability to meet and exceed tight business and reporting delivery targets on a consistent basis; 
• Ability to work under pressure; 
• Self-motivated, energetic team player with a desire to learn new skills and grow
• Ability to multi-task and focus on solving problems,     
• Highly organized and structured
• Internal Control & Risk Management
• Advanced Excel,  PowerPoint

Skills

• Audit Preparations, Finance, Financial Analysis and Reporting, Financial Controlling, Internal Controls, Management Reporting, Statutory Requirements, Tax Accounting

Education

• Bachelor of Commerce Honours in Financial Accounting (BCom Hons): Accounting Finance

Closing Date

22 March 2023

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Job Description

• This role forms a business management link between Old Mutual Retail Mass Market (RMM) and independent brokers, to ensure effective marketing and drive new business growth of Old Mutual products. The incumbent is individually accountable for achieving results through own efforts.
• Markets Old Mutual /(RMM) services and products to brokers.
• Could be required to convinces brokers to sell Old Mutual RMM products and services.
• Markets Old Mutual/RMMs value proposition.
• Develops a pipeline and secure new business.
• Could be required to prepare and present tenders in response to requests for tenders.
• Builds relationships with Brokers
• Responsible for the Product Training of new and existing Brokers
• Increases broker effectiveness and maximizes business potential
• Increases OM market share

Closing Date

20 March 2023