Financial Accountant (OMAO) at Old Mutual Nigeria

Old Mutual Nigeria consists of a Life Assurance and General Insurance business and provides a wide spectrum of insurance solutions tailored to meet unique individual and corporate clients' circumstances.

We are recruiting to fill the position below:

Job Title: Financial Accountant (OMAO)

Job Requisition ID: JR-42042
Location: Lagos
Job Type: Full-time

Job Description

• This role is individually accountable for achieving results through others, over periods of 3 months to a year.
• The focus is the following: Execution of the business plan and for governance and compliance at an operational level, preparation of management reports, interpretation of financial data and predictive results.
• Implementation of accounting processes, systems and controls for a product.
• The role is also responsible for product profitability analysis, overall responsibility for the preparation & quality of financial accounts and maintenance of financial records.
• Responsible for the financial accounting/control function in the business unit.
• Carries overall responsibility for the preparation and quality of financial accounts and maintenance of financial records
• Contributes to and implements financial strategy.
• Assists in deciding on the financial and business viability of new and existing projects and programmes.
• Analyses financial records such as income trends.
• Responsible for preparation of all finance-related regulatory returns.
• Plans and prepares budgets and documents such as the annual report, according to organisational goals.
• Analyses and monitors the effect of budget or policy changes on business unit productivity.
• Responsible for audit liaison as well as tax, legislative & statutory requirements.

Key Result Areas
Financial Control:

• Contributes to and implements financial strategy.
• Responsible for the business unit's financial accounting/control function through other managers and their teams.
• Carries overall responsibility for the preparation and quality of financial accounts.

Financial Analysis:

• Analyses financial records such as income trends.
• Analyses and monitors the effect of budget or policy changes on the business unit's productivity.
• Assists in deciding on the financial and business viability of new and existing projects and programmes.

Financial Reporting:

• Plans and prepares budgets and documents such as the annual report, according to organisational goals.

Governance & Compliance:

• Liaises with internal and external auditors.
• Ensures tax, legislative and statutory requirements are met.

Team Effectiveness:

• Individually accountable for staff time, tasks and output quality, over periods of up to 1 year.
• Balances own priorities with directing and motivating others.
• Guides and directs staff to achieve operational excellence standards.
• Creates a climate for optimal performance.
• Manages performance.
• Selects potential staff to sustain customer/client service delivery.

Qualifications & Experience

• A First Degree or its equivalent in relevant field (Master’s Degree is an advantage).
• Bachelor of Science (B.Sc) (Required) .
• At least 10 years work experience (five of which must be at senior management level)
• Qualified Accountant (CPA, CA, ACA and ACCA) or any Accounting Professional qualification from recognised Professional Body.
• Relevant industry experience is required.
• Excellent communication skills (verbal and written).
• Strong analytical skills.
• Good Excel and PowerPoint skills.

Application Closing Date
19th July, 2023.