Chief Financial Officer
4 weeks ago
Job Summary
We are seeking a seasoned Finance Manager to join Old Mutual Wealth. The successful candidate will be responsible for leading the full financial function of the life wrapped business, with assets exceeding R130bn.
Key Responsibilities
- Deliver financial management, accounting, and financial control functions through other managers and their teams.
- Apply IFRS 17 and IFRS 9 accounting standards, integrating with the actuarial valuation function.
- Ensure timely and quality financial reporting and analysis to support Wealth Exco decision-making.
- Deliver financial and regulatory reporting, and associated submissions to support Group external and regulatory reporting.
- Manage tax, allocating tax across tax funds, and reporting to Group Tax.
- Contribute to and implement financial strategy.
- Assist in evaluating the financial and business viability of new and existing projects and programmes.
- Apply technical accounting and strategic thinking in new product launches.
- Analyse financial information to provide insights supporting decisions to improve competitiveness, profitability, and growth.
- Drive the business planning process and outcomes for the life wrapped business as part of the Wealth and OML planning cycles.
- Prepare financial forecasts.
- Ensure optimal capital utilisation in the business.
- Manage audit liaison and statutory requirements.
Requirements
- Chartered Accountant
- 7-10 years' experience in financial management of financial services companies.
- Strong life company and life wrapped investment product experience.
- Experience with the application of IFRS 17 and IFRS 9.
- Sound understanding of regulatory and tax requirements for life insurance companies and products.
- Experience in automation of financial processes and reporting.
- Proven experience in managing controls in financial reporting processes.
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