Financial Reporting Accountant needed at Old Mutual Skip to main content
Old Mutual

Financial Reporting Accountant

Old Mutual

Location

Kampala

Category

Finance

Job Type

On-site

Work Hours

Full Time

Deadline

17th March 2026

Job Description

To manage, administer and coordinate activities in the accounting functions of the Finance Department. Ensuring smooth/prompt processing of work, maintaining acceptable levels of discipline, job performance and productivity.

Key Responsibilities & Tasks

  • Budgeting and Planning: Providing data required for budgetary planning, assisting senior management in the preparation of the budget and budget management. Automate the budgetary preparation process.
  • Financial Transactions: Coordinating and controlling all accounting functions, ensuring all expenses are fully and properly accounted for, in accordance with company procedures /guidelines, safekeeping of cheque books and ensuring established signing authorities are complied with, ensuring confidentiality in all financial transactions.
  • Audit Requirements: Ensuring that the company books are ready for audit within the set deadlines. Providing the necessary information for internal and external audits and conducting financial investigations as necessary.
  • Financial reports and returns: In liaison with the Senior Accountant, prepare monthly, quarterly revenue, half year and other management accounts in accordance with the calendar of events for the department and the Old Mutual Group.
  • Balance sheet Reconciliations: Also ensuring that the ledgers are reconciled to the general ledger monthly and that the Audit schedules are updated monthly, preparing statutory returns, and ensuring they are filed on time.
  • Accounting and Financial systems and controls: On a regular basis reviewing process flows within the system and other manual operations to ensure they are efficient, identifying areas that need to be enhanced to improve overall efficiency and remove duplication of roles and transactions. In addition, perform System Reconciliations for all the core systems integrating into the financial reporting tool Dynamics 365
  • Filing of Regulatory Returns: In liaison with other finance team members, ensure that all the returns made to the Insurance Regulatory Authority, Uganda Insurers Association, The Uganda Insurance Training College, Bank of Uganda, Financial Intelligence Authority & National Bureau of Statistics are made at the appropriate time.
  • Accounting and General Ledger Integrity: In liaison with the Senior Accountant produce monthly quarter and annual accounts and variance analysis, produce the annual IFRS17 statutory accounts and variance analysis, and produce the annual budgets and regularly advice management of any changes that may be required on systems and procedures.
  • Coordinate with the other team members to prepare the necessary Board reports on a quarterly basis and follow through with the required action points.
  • 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, Qualifications and Competences

  • 3+ Years progressive financial services industry experience or management consultant firm with exposure in financial services
  • Experience in financial reporting within the insurance industry is an added advantage.
  • A university degree in Business Administration or Finance, Accounting or an equivalent qualification,
  • ACCA/CPA certification is an added advantage
  • Excellent Analytical skills
  • Proficiency in Ms. Office and Excel
  • Good interpersonal relations
  • Good administrative and supervisory skills
  • Assertiveness and self-driven
  • Honesty, reliability and dependability
  • Good interpersonal skills
  • Good communication skills
  • Speed and Accuracy
  • Perform professional accounting work, including compilation, consolidation, and analysis of financial data. The role requires an understanding of accounting fundamentals and principles, as well as experience in bookkeeping. Responsibilities may include any or all of the following: ledgers and preparation of journal entries, fixed asset or inventory accounting, preparation of trial balance or financial statements, cost accounting, bank account reconciliation.
  • Accounting, Accounting Functions, Budget Management, Financial Acumen, Financial Analysis, Financial Data, Financial Reports, Financial Statements, Management Reporting, Report Review
  • Business Insight
  • Communicates Effectively
  • Decision Quality
  • Ensures Accountability
  • Financial Acumen
  • Manages Complexity
  • Plans and Aligns
  • Tech Savvy
  • Bachelor of Business Administration (BBA): Finance And Accounting Public (Required)

About Old Mutual

Old Mutual was established in Cape Town in 1845 as South Africa’s first mutual life insurance company, offering financial security in uncertain times. Today, the Group has grown into a premier pan-African financial services Group that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 12 countries, with listings on five stock exchanges. We now employ more than 27 000 people and operate in 12 countries across two regions Africa (South Africa, Namibia, Botswana, Zimbabwe, Kenya, Malawi, Ghana, Uganda, Rwanda, South Sudan and eSwatini) and Asia (China)
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Job Overview

Status Active
Category Finance
Location Kampala
Job Type On-site

Popular Categories

Finance 9 IT 7 Operations 7 Community 7 Management 5 Medical 5

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