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)
Ref No: JR-38546
Location: Lagos
Job Type: Full-time
Job Description
- This role implements accounting processes, systems and controls for a product and is responsible for product profitability analysis.
- The incumbent is individually accountable for achieving results through own efforts.
Responsibilities
- Accountable for the execution of business plan, and for governance and compliance at an operational level.
- Generates financial information.
- Analyses and reports on variances.
- Maintains suitable financial control environment.
Key Result Areas
Financial Reporting:
- Manages reporting requirements for the business unit.
- Drives & collates monthly submission consisting of report and commentary by agreed deadline.
- Prepares monthly financial reports for management, including a high-level variance report by agreed deadline.
- Produces ongoing and ad-hoc reporting based on requirements.
- Manages the budget centre reporting and produces a detailed variance report
Accounting Records:
- Ensures that all financial accounting transactions the team is responsible for, are accurately reflected in the business unit ledger.
- Manages the review and reconciliation of the Fixed Asset Register to the general ledger.
Personal Effectiveness:
- Accountable for service delivery through own efforts.
- Individually accountable for managing own time, tasks and output quality over periods of 1 day to a maximum of three months.
- Makes increased contributions by broadening individual skills.
- Collaborates effectively with others to achieve personal results.
- Accepts and lives the company values.
Governance & Compliance:
- Accountable for governance and compliance at an operational level.
- Provides advice on accounting policy and practice to senior and middle management.
- Ensures the effectiveness and appropriateness of the accounting processes utilised to fulfill the needs of the business.
Financial Control:
- Creates a healthy internal control environment to ensure safeguarding of assets & integrity of financial information.
- Monitors & reports on status of all control accounts in the business unit.
- Effects ongoing changes to internal controls as necessitated by changes in business and corporate governance.
Qualifications and Experience
- A First Degree or its equivalent
- Experience of 5+ years’ in financial reporting within the insurance sector required
- ICAN or ACCA qualification
- Excellent communication skills (verbal and written)
- Interpersonal and time management skills
- Good knowledge of MS packages (Especially MS Word, MS Excel and Outlook).
Application Closing Date
26th April, 2023
https://www.hotnigerianjobs.com/hotjobs/518096/financial-accountant-omao-at-old-mutual-nigeria.html