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Accounts Assistant

Old Mutual

This job is closed: the employer no longer lists it.

Skills

Required

  • Accounting Finance
  • Receivable
  • Report Review

Preferred

  • balances per vendor at

About Old Mutual

  • Lets Write Africa's Story Together!
  • Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Responsibilities

  • To perform all major finance related day to day activities timely, and accurately and generate management accounts on a timely basis.
  • Computing revenues on a timely basis and ensuring they are correctly booked in the system.
  • These should also be accurately invoiced to the respective customers together with a customer statement.
  • To ensure that expenses are correctly, accurately, and timely booked in the System with the appropriate support documentation.
  • To maintain an accurate record of Accounts payables clearly showing balances per vendor at any one time.
  • To ensure that taxes are correctly and accurately captured on every transaction and subsequently remitted to URA every month by the 13th day.
  • To ensure that all payments are settled timely and vendor accounts reconciled regularly to ensure completeness and accuracy.
  • To ensure that commission schedules are prepared on time for review and have commission payments done by the 25th of every month.
  • Ensuring that the accounts payable and receivable are properly and regularly updated.
  • That is to say, timely invoicing of clients both on a monthly basis and Quarterly basis.
  • To manage any matter arising from payments with clients in a friendly and efficient manner for satisfactory customer service.
  • To ensure that all payments are settled timely and vendor accounts reconciled regularly to ensure completeness and accuracy.
  • Perform reconciliation for the unallocated balances of the Unit trust providing a proper analysis of the ageing.
  • Perform Unit trust reconciliations on a monthly basis and submit them for review and approval by the CFO.
  • Making payments to suppliers on a timely basis.
  • Timely reconciliation of all bank accounts.
  • Preparing and submitting management accounts for the funds on a monthly basis for review by the 13th of every month.
  • Performing petty cash vouching every month and preparing the Petty cash certificates.
  • Key competencies Good communication skills Team player Good analytical skills Good accounting skills Good communication skills Multi-tasking skills QUALIFICATIONS AND EXPERIENCE A University degree in: Business Administration (Accounting and Finance options), Commerce, Statistics, Science In Accounting, Accounting & Finance.
  • ANTI-MONEY LAUNDERING (AML) EXPECTATION The incumbent will be responsible for ensuring adherence to, implementation of, and adoption of Compliance, Anti-Money Laundering (AML), and Sanctions-related policies, procedures, and process requirements within Old Mutual and its subsidiaries.
  • This includes execution of customer due diligence processes, ensuring compliance with Know-Your-Customer (KYC) standards, conducting ongoing and enhanced due diligence, and maintaining data quality.
  • Additionally, the role involves identifying and monitoring potential AML, Sanctions, or Compliance breaches and unusual activities, and escalating these concerns to the Risk and Compliance Office for further action.

Requirements

  • Accounting, Accounting Finance, Accounts Payable and Receivable, Finance, Report Review Competencies Collaborates Communicates Effectively Drives Results Ensures Accountability Plans and Aligns Tech Savvy Education Bachelors Degree (B): Accounting Finance (Required), Bachelors Degree (B): Business Administration (Required) Closing Date 31 October 2026 , 23:59 The Old Mutual Story!