Job Opportunities at Old Mutual South Africa

 

• The Chief Financial Officer (CFO) of NEXT176 will lead all accounting, tax, portfolio valuation, financial operations, financial reporting, and investor relations. The CFO will inter-alia play a key role in advising on driving growth across a portfolio of partnerships, ventures, and portfolio companies. The successful incumbent must have a deep understanding of the financial aspects of businesses and proficiency in providing strategic insights to drive growth while managing and growing existing business ventures. Furthermore, the incumbent needs to be able to work effectively in a fast-paced environment, collaborate with the Managing Director as a strategic thought partner, align around a shared vision for the organization, shape the finance strategy in support of the company’s business objectives, and contribute to the bigger picture.
• The CFO role will involve leading a team of technical specialists and partnering with the OML Group to leverage commercial success. Board experience will be an added advantage.

Responsibilities:

Drive growth

• Participate in the investments, acquisitions, and divestments by NEXT176 and its portfolio companies
• Serve as a Member of the NEXT176 Investment Committee and assume Board of Director or committee roles for some of the venture companies or the portfolio
• Drive growth by participating in developing growth plans for partnerships, ventures, and portfolio companies
• Gain insight into the value-cost dynamics of partnerships, ventures, and portfolio companies
• Identify opportunities to control costs and improve operations
• Participate in day-to-day decisions and reviving ailing companies

Financial Management

• Provide strategic financial leadership to the ventures and portfolio companies
• Develop and implement financial strategies to achieve the organizational objectives
• Prepare financial statements, manage cash flow, and raise capital
• Oversee treasury operations and set funding strategies and plans
• Liaise with auditors and maintain compliance with tax and statutory requirements

Investor Relations

• Act as liaison between NEXT176 and OML Group to communicate financial results and resolve capital structuring issues
• Respond to ad-hoc requests for capital calls, commitments, compliance, taxes, and other related matters
• Coordinate all processes for fundraising, including final execution of all investor documents

Risk management, governance, and administration

• Work with OML Group functions to build, maintain and help monitor risk and compliance with all financial policies and procedures of NEXT176, partnerships, ventures, and portfolio companies
• Manage banking, non-bank financing, and insurance relationships 
• Oversee procurement, real estate negotiations, management, and administration of NEXT176, ventures, and portfolio companies

People Management

• Ensure effective people management and development to meet current and future business needs
• Manage financial and non-financial resources.
• Builds an effective management team within own business
• Achieve transformation targets within own team            

Who are you:

• A leader with a strong sense of urgency and purpose
• Commercially minded business/operational finance expert with a track record of delivery as well as a growth-oriented mindset and track record of performance
• Creative and strategic thinker, able to think broadly about business – not just financial
• A natural leader with ‘outside the box’ thinking, able to challenge the status quo and build high-performing teams
• Experienced in collaborating and navigating complex relationships and stakeholders and reporting structures to influence decision-making and deliver business outcomes
• You have a career history of working with and scaling early stage, entrepreneurial companies across a range of finance, insurance, and technology sectors.
• You hold a degree or equivalent qualification in Finance and have 15 years’ experience in the financial sector (5 years at a segment or divisional CFO level)
• You have experience working in an asset management and/or private equity firm and with investment professionals
• Board experience is an added advantage

Skills

• Financial Management, Financial Planning, Strategic Financial Leadership

Education

• Chartered Accountant: Finance

Closing Date

17 May 2023

go to method of application »

Job Description

• As part of the Group Strategy team, the incumbent is responsible for determining the best means to reach the organisations goals or missions. This is done by considering all available options and choosing the most productive in light of the competition and the changing business environment.
• Whether alone or through others, the incumbent is required to partner with internal business segments in strategy formulation and implementation . The incumbent will also be accountable for medium to large sized projects as appropriate. Drive communication of the strategic framework and influence the direction of the strategic goals of the business.
• Also provide a supporting role to the associates and analysts in the team, sharing their knowledge of strategy development and analysis approaches.

Strategy development/ thought leadership

• Work with OML CEO and Executives to clarify their strategic and commercial priorities and problems for strategy development
• Offer unique insights based on a deep understanding of political, social, business, market and finance trends; use insights to lead and influence change at strategic, tactical, team and individual levels across the organisation
• Develop finance strategy that is aligned with the organisation’s long-term plan that anticipates and supports business need, ensures appropriate resources are allocated to deliver effectively including goals to expand capacity, improve productivity and surpass industry benchmarks
• Identify and focus on future critical areas for the organisation and devise strategy to maximise opportunity and minimise risk
• Coordinate efforts of leadership and business units to link strategies and tactics of individual business units to those of the broader organization

Problem Solving

• Seeks multiple perspectives to understand the breadth and depth of complex issues
• Produces strategies to solve organisation-wide problems, considering the practical and political concerns associated with the implementation of solutions
• Enables the GS team to continuously improve and innovate in the long term
• Problem solves jointly with others to stimulate innovation
• Turns ambiguous or difficult situations into opportunities

Strategic Networking

• Manages relationships among key outside organisations such as strategic consulting partners and government entities to create long-range opportunities.
• Utilises established network of relationships both internally and externally to seek information of strategic importance and to seek a position of influence in key forums

Strategic Thinking

• Understands the position of the OML in the larger world context; conveys a thorough understanding of the organisation's and segments strengths, weaknesses, opportunities and threats; identifies competitive differentiators.
• Considers the bigger picture while setting priorities and the way forward.

Responding to pressure and change

• Demonstrates resilience in the face of challenge from staff, media and partner organisations
• Promotes OML as a flexible organisation, responding to the changing needs in the markets in which we operate
• Shows positivity in the face of external pressure, minimising negative impact
• Drives a culture of continuous improvement
• Sets the direction for organisational development and ensures effective communication of change initiatives

Stakeholder Focus

• Adapts objectives and OML’s public facing position based on the context behind stakeholder needs and requests
• Builds the reputation as an organisation committed to meeting the needs of customers
• Manages segment, Group Exco & Board expectations by anticipating and influencing changing priorities
• Instils a culture that encourages staff to think about meeting customers’ needs first
• Builds the confidence of staff, stakeholders and partner organisations by ensuring the delivery of quality work

Organisational awareness

• Focuses on the needs of the business that promot organisational awareness of how they impact priorities
• Anticipates and responds appropriately and professionally to political pressure, inspiring confidence and trust from stakeholders
• Shapes senior stakeholders’ perceptions of the GS, using their influence to support the OML agenda
• Leads the organisation by setting the highest standard in upholding integrity and ethical behaviour

Organisational Alignment

• Uses a variety of means to communicate the organisation’s needs and strategic directions.
• Develops a strategic direction for one’s unit that connects the role of the team to the success of the organisation. 
• Ensures the initiatives and priorities in one’s area are integrated with one another and aligned with the strategic priorities of the broader organisation.
• Aligns people, processes and structures with strategic direction and organisational needs
• Understands and applies the underlying theories behind macroeconomic behaviours to all levels of the organisation

Research and Analysis

• Exchanges ideas and knowledge with partners, subject-matter experts, and senior stakeholders to foster new research agendas and derive insights for the Group
• Takes accountability for the quality of intelligence that research and new policy are based upon
• Encourages new and innovative insights from analysis
• Evaluates the feasibility and cost effectiveness of research proposals, stringently assessing whether the research will add real value
• Encourages research with a highly practical focus and maximum impact
•  
• Market and regulatory environment
• Apply in-depth understanding of the organisation’s products and markets to shape strategy; establish relationships with external stakeholders to set strategic direction of future regulatory framework
• Monitor and forecast changes in customer and competitor behaviour and develop appropriate organisation response; determine impact of emerging business models and develop initiativzes to deliver optimal response
• Advise others on regulatory regime, including funding sources and regulatory benchmarks
• Forecast future state of the economy; anticipate economic conditions and provide strategic insight on how to mitigate impact on the organisation as a whole

Process management

• Benchmark internal performance against external indicators and apply best practice to the business
• Define process improvement to achieve business performance; manage key business processes from end-to-end such that they add value to the business
• Drive opportunity to integrate, standardise and simplify systems and processes

Project management

• Identify projects that drive value creation and align them to organisational strategies
• Champion projects that have broad implications across the organisation by aligning and influencing all key stakeholders

Communicating and influence

• Articulates self with credibility and conviction, encouraging buy-in to the organisation’s position
• Influences the thinking of others in the organisation, encouraging them to deliver in line with the strategic objective
• Ensures that the organisation communicates inclusively with staff and external stakeholders
• Acts as a credible and convincing spokesperson and negotiator
• Instils a corporate commitment to accessible communication

Developing Talent

• Delegates authority and responsibility with the capacity to do a task in one’s own way and encourages others to take the lead and learn new skills.
• Promotes sharing of expertise and supports learning opportunities across the organisation.
• Develops a common understanding and is transparent about staff potential to take over new responsibilities.
• Sets an example for staff development in the business.
• Encourages others to develop their people through development dialogues and action plans

MINIMUM QUALIFICATIONS / EXPERIENCE (REQUIRED FOR THE JOB)

• Relevant tertiary qualification (BCom, BSc, CA, Actuarial Science or B Bus SC or similar)
• 6+ years relevant experience in financial services and/or business strategy
• Prior consultancy experience is an advantage

Skills

• Accountable, Accountable, Analytical Thinking, Benchmarking, Building Relationships, Business, Business Acumen, Business Models, Business Strategies, Communication, Consulting, Continual Improvement Process, Emerging Businesses, Emerging Technologies, Finance, Finance Strategy, Financial Analysis, Funding, Leadership, Organizational Alignment, Organizational Development (OD), Organizing, People Management, Prioritization, Problem Solving {+ 11 more}

Education

• Bachelors Degree (B) (Required)

Closing Date

17 May 2023

go to method of application »

Job Description

• This role forms the integral link between Old Mutual and its base of intermediaries, both internally and externally. You will independently manage assigned intermediaries and be responsible for promoting Old Mutual products and brands to Intermediaries and clients via the Intermediaries. You will develop and implement Intermediary strategies and account plans. You will support and advise on all product- related aspects of Old Mutual Corporate products to Intermediaries.
• This role forms the integral link between Old Mutual and its base of intermediaries, both internally and externally. You will independently manage assigned intermediaries and be responsible for promoting Old Mutual products and brands to Intermediaries and clients via the Intermediaries. You will develop and implement Intermediary strategies and account plans. You will support and advise on all product- related aspects of Old Mutual Corporate products to Intermediaries.  

Job Key Result Areas

• Markets Old Mutual services, products and brand to Intermediaries and clients via intermediaries and direct in call centre setting
• Develops and finds new business opportunities to grow Old Mutual Corporates market share
• Assists in needs analysis
• Assists in product selection
• Develops intermediary account strategy and plans in conjunction with Regional Manager
• Reviews performance of intermediaries
• Proactively identify cross-selling and upselling opportunities within client portfolio
• Ensure that the brokers and clients in the portfolio are serviced at all times
• Meets all business targets as set out
• Builds relationships with all intermediaries on the panel and those referring clients to consultants
• Persuades intermediaries to sell and recommend Old Mutual products and services to clients
• Owns the overall relationship with the intermediaries

Job Requirements

• Matric
• 3-year tertiary qualification
• Must be FAIS compliant
• CFP would be advantageous
• Minimum of 3 years’ experience
• Experience in Employee Benefits
• Experience in Broker environments
• Financial services experience preferred
• Understanding of Old Mutual customers and distribution channels advantageous
• Stakeholder management, excellent communication skills and presentation skills
• Knowledge of PowerPoint, Excel, Word and CRM

Closing Date

13 May 2023

go to method of application »

Job Description

• This role assists clients telephonically or face to face, in accordance with business, process and compliance rules. The incumbent is individually accountable for achieving results through own efforts. Customer focused role.
• Provides telephonic and face-to-face service to customers. Adheres to service and quality standards. Adheres to business, process and compliance rules. Moderate to high level of technical knowledge. Multi skilled across product and process relevant to the business area.

Education

• Matriculation Certificate (Matric) (Required)

Closing Date

10 May 2023

go to method of application »

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

Education

• Matriculation Certificate (Matric) (Required)

Closing Date

09 May 2023

go to method of application »

Minimum Requirements:

• Namibian Citizenship;
• Grade 12 qualification with a minimum of 23 points;
• Must be punctual
• Sober habits
• Experience in the local vernacular will be an added benefit;
• Good interpersonal skills;
• Good communication skills;
• Excellent Client-Care skills;
• Computer literate - Ms Word, Excel and Outlook is essential;
• Ability to work under pressure whilst still maintaining a professional image;
• Self starter; and
• Good planning, organising and time-management skills

Job Description:

• Accountable for service delivery through own efforts;
• Individually accountable for managing own time tasks and output quality for periods of 1 day to a maximum of 3 months;
• Makes increased contributions by broadening individual skills;
• Collaborates effectively with others to achieve personal results;
• Accepts and lives the company values;
• Maintains cleanliness of branch facilities in accordance with health and safety regulations;
• Collects and distributes mail to appropriate departments;
• Works to a closely-guided work routine;
• May take on basic administration functions;
• Sending mail/ packages via Nampost;
• Delivering mail by hand to external parties;
• Running errand

Closing Date

17 May 2023

go to method of application »

Job Description

• This is a technical specialist role located in Group Strategy function. The role looks at OML wide research projects and/or business specific tactical research projects. The role undertakes research to unlock opportunities and solve business challenges.

Research Management

• Executes the annual research plan that ensures all stakeholders are involved through the process.
• Understands the context provided by business strategy, marketing strategy, the brand promise and the customer value propositions.
• Contributes to the research briefs.
• Analyses and Interprets market trends relating to clients, consumers and intermediaries.
• Plans and executes research projects according to given briefs.
• Adheres to governances with respect to research in OML.
• Gives Input into the development of research projects.
• Works collaboratively with chosen external research companies where required.
• Advises and supports Group Strategy function with research knowledge and technical expertise.

Research and Analysis

• Proactively seeks new information sources to progress research agendas and address gaps in knowledge.
• Grasps limitations of or assumptions behind data sources, disregarding those that lack quality.
• Analyses and integrates qualitative and quantitative data to find new insights.
• Translates research outcomes into concise, meaningful reports.
• Identifies relevant and practical research questions for the future.
• Analytical and strategic: Manages complex, unfamiliar problems well.
• Creative, unusual thinker: Thinks out the box and is happy to push the boundaries/ challenge conventional research methodologies and thinking on a project by project basis

Research planning and strategy development

• Demonstrate knowledge of the full research cycle
• Aligns with desired outcome of annual research plan.
• Develop processes or systems for the collection of data for monitoring and evaluation.
• Monitor progress towards goal achievements and acts decisively as required.
• Translate researcher development strategies to organisational strategies.

Organisation and delivery of a research service

• Facilitate a research service that is aligned with organisational needs and formulating strategies for development and growth.
• Contribute to an organisational culture where research services is respected and valued
• Build networks and relationships.
• Report on research development within the context of organisational strategic frameworks as well as the larger context of local, regional and global trends
• Identify and implement new technologies, techniques and working methods.
• Analyses and interpret complex sets of information, identify gaps and work and engage consciously with assumptions.
• Exceptional project discipline: Proactive and disciplined, able to oversee all aspects of projects. Solves roadblocks, prioritises well, manages their time effectively.

Stakeholder Focus

• Seeks to understand requirements, gathering extra information when needs are not clear.
• Presents GS positively by interacting effectively with stakeholders.
• Delivers a timely and accurate service.
• Understands the differing needs of stakeholders and adapts own service accordingly.
• Seeks and uses feedback from a variety of sources to improve GS's service to the organisation.

Problem Solving

• Processes and distils a variety of information to understand a problem fully.
• Proposes options for solutions to presented problems.
• Builds on the ideas of others to encourage creative problem solving.
• Thinks laterally about own work, considering different ways to approach problems.
• Seeks the opinions and experiences of others to understand different approaches to problem solving.

Responding to pressure and change

• Maintains a focus on key priorities and deliverables, staying resilient in the face of pressure.
• Anticipates and adapts flexibly to changing requirements.
• Uses challenges as an opportunity to learn and improve.
• Participates fully and encourages others to engage in change initiatives.
• Manages team’s well-being, supporting them to cope with pressure and change.

Minimum Requirements

• Relevant tertiary qualification
• 2 - 3 years relevant experience in research or analytics capacities
• Experience in financial services would be advantageous

Skills

• Adaptability, Business, Business Strategies, Change Management, Customer Value, Emerging Technologies, Facilitation, Global Trends, Marketing Strategies, Market Trends, Portfolio Management, Problem Solving, Project Management, Researching, Research Methodologies, Research Projects, Strategic Planning, Strategy Development, Translations, Value Propositions

Closing Date

17 May 2023

go to method of application »

Minimum Requirements:

• Namibian Citizen.
• Relevant Accounting Degree;
• Completion of articles or newly qualified Chartered Accountant an added advantage;
• Accounting system experience will be advantageous;
• Computer Literacy and good numeric skills are essential with excellent excel skills;
• Proven ability to meet and exceed tight business and reporting delivery targets on a consistent basis;
• Ability to work under pressure;
• Ability to work independently; and
• Excellent communication and organizational skills.

Job specification:

• Maintaining of Group financial controls and accountabilities;
• Maintaining the Management Information Systems supporting the finance function;
• Maintaining all projects that have an impact across all Namibian businesses from a Finance perspective;
• Maintaining and applying appropriate project management standards to ensure alignment with EPRM requirements and OML project deliverables and direction (if applicable);
• Assist in preparation of development and analysis of new business cases (special projects) and scenario planning;
• Ensuring processes, policies and practices are in place to drive business strategic objectives from a Finance perspective;.
•  Assist in Developing future-fit solution for the finance function;
• Assist in Developing, and executing change programs for the finance function;
•  Accountable for governance and compliance at an operational level;
•  Creates a healthy internal control environment to ensure safeguarding of assets & integrity of financial information;
•  Monitors & reports on status of all projects that have an impact across all Namibian businesses from a Finance perspective;
•  Effects on-going changes to internal controls as necessitated by changes in business and corporate governance;
•  Maintains complex business models.

Closing Date

17 May 2023

go to method of application »

Job Description

• As a strategy analyst you will form the backbone of Group Strategy project teams and will be expected to play a key role in all aspects of delivering strategic support and initiatives to Old Mutual Limited.
• Highly organised and analytically very strong, you will be capable of working with minimal direction – structuring your own rigorous research, modelling and analysis to provide the insights required to answer our clients’ toughest strategic questions. You will take ownership of discrete research and analysis work streams within a more complex project and will be capable of pulling together multiple streams of work to deliver smaller projects with limited oversight.
• You must feel comfortable in an advisory role offering real strategic insight based on a data-backed argument to both internal project teams and to the “client.” The ideal candidate is self-motivated, ambitious and can think creatively when addressing problems.

Strategy development/ thought leadership

• Analyse the organisation’s wider environment and draw conclusions about the impact of events and activities; guide the team to create solutions that deliver value in line with the business and finance plans
• Link ideas or events, use insights to shape the views of managers and feed insights and observations to senior finance colleagues to influence business decisions
• Understand the steps to achieve long-term business strategy, identify immediate threats or opportunities to the business and resolve or escalate them accordingly
• Content expert on stream of work within a project. Comfortable defending findings to internal clients 
• Solid business grasp, keeps up to date with business press and can sound knowledgeable with internal clients on most general issues
• General understanding of internal client's business and goals, enough to sound informed and competent in conversation        
• Builds areas of expertise within Group Strategy department    

Strategic Networking

• Evaluates current network for effectiveness and relevance to achieving strategic objectives within own area.
• Identifies and creates opportunities to initiate new connections that will facilitate the achievement of strategic goals within own area

Problem Solving

• Processes and distils a variety of information to understand a problem fully
• Proposes options for solutions to presented problems
• Builds on the ideas of others to encourage creative problem solving
• Thinks laterally about own work, considering different ways to approach problems
• Seeks the opinions and experiences of others to understand different approaches to problem solving

Strategic Thinking

• Demonstrates awareness of the impact of own work on aspects of organisational strategy, and the impact of organisational strategy on own work.
• Identifies implications of own analysis

Responding to pressure and change

• Maintains a focus on key priorities and deliverables, staying resilient in the face of pressure
• Anticipates and adapts flexibly to changing requirements
• Uses challenges as an opportunity to learn and improve
• Participates fully and encourages others to engage in change initiatives
• Manages team’s well-being, supporting them to cope with pressure and change

Stakeholder Focus

• Seeks to understand requirements, gathering extra information when needs are not clear
• Presents GS positively by interacting effectively with stakeholders
• Delivers a timely and accurate service
• Understands the differing needs of stakeholders and adapts own service accordingly
• Seeks and uses feedback from a variety of sources to improve GS's service to the organisation

Organisational awareness

• Challenges unethical behaviour
• Uses understanding of OML's complex partnership arrangements to deliver effectively
• Recognises how political changes and sensitivities impact on own and team’s work
• Is aware of the changing needs, anticipating resulting changes for work agendas
• Anticipates outcomes based on an understanding of organisational decision making bodies and power relationships.
• Promotes and encourages others to keep up to date with the organisation’s rules, structures, decision-making bodies, networks, power relationships and environment

Organisational Alignment

• Stays aware of the organisational objectives and monitors current developments and trends that may affect implementation of organisational direction, programmes or plans.
• Helps others understand the strategic goals of the organisation and how their work relates to these

Research and Analysis

• Proactively seeks new information sources to progress research agendas and address gaps in knowledge
• Grasps limitations of or assumptions behind data sources, disregarding those that lack quality
• Analyses and integrates qualitative and quantitative data to find new insights
• Translates research outcomes into concise, meaningful reports
• Identifies relevant and practical research questions for the future

Market and regulatory environment

• Apply knowledge of the organisation’s products and services along with their markets to own activities, including regulatory environment to day-to-day role
• Use sound knowledge of the organisation’s customers and competitors to analyse and challenge business cases; apply regulatory understanding in support of reporting requirements and investment funding decisions
• Devise short-term tactical responses based on understanding of impact of external factors on the organisation’s performance
• Understand behaviour and effects (adverse and positive) of issues involved in both the domestic and global economy
• Ability to analyse various economic indicators and their impact on the organisation goals, strategies, products and services

Process management

• Operate parts of key business processes assigned; understand the elements that make up each process and the performance measures that can be applied to each; proactively identify process improvement opportunities
• Implement best practices and industry trends; manage others to ensure they comply with processes and operating procedures in place to achieve results
• Ensure standardisation is applied to all processes — creating, developing, improving and complying with the standards

Project management

• Develop simple project plans including business case, contingencies, critical paths and apply project management tools and techniques
• Manage and monitor implementation of multiple project plans and handle obstacles effectively
• Communicate project plans and outcomes

Communicating and influence

• Clearly articulates the key points of an argument, both in verbal and written communication
• Persuades others, using evidence based knowledge, modifying approach to deliver message effectively
• Challenges the views of others in an open and constructive way
• Presents a credible and positive image both internally and externally

Developing Talent

• Helps others learn from experience and development initiatives. Recommends readings, trainings and other resources.
• Continually acquires and applies new knowledge and learning to improve job performance.
• Provides constructive feedback to others

MINIMUM QUALIFICATIONS / EXPERIENCE (REQUIRED FOR THE JOB)

• Relevant tertiary qualification (BCom, BSc, CA, Actuarial Science or B Bus SC or similar)
• 2 - 3 years relevant experience in financial services and/or business strategy
• Prior consultancy experience is an advantage

Skills

• Agendas, Agendas, Analytical Thinking, Business, Business Acumen, Business Strategies, Change Initiatives, Communication, Consulting, Critical Paths, Deliverables Management, Emerging Technologies, Finance, Financial Analysis, Futures Markets, Industry Trends, Leading Project Teams, Organizational Alignment, Organizational Strategy, Organizing, People Management, Prioritization, Problem Solving, Process Improvements, Process Management {+ 9 more}

Education

• Bachelors Degree (B) (Required)

Closing Date

17 May 2023