Assistant Financial Accountant (OMAO) at Old Mutual Plc

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
3 years ago

Additional Details

Job ID
3761
Job Views
102

Job Description



Job Requisition ID: JR-23285


Key Focus



  • This role is a specialized financial operations position in business units and is mainly responsible for ensuring the smooth running of the financial operations aspect of the business.

  • This includes timely recognition of inflows as well as ensuring prompt payments within set timelines. The incumbent is individually accountable for achieving results through own efforts.


Role Description



  • Ensures smooth running of the financial operations aspect of the business

  • Reviews control accounts and reconciliations.


Key Result Areas

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.


Reconciliations:



  • Reviews control accounts and reconciliations.

  • Ensures accurate reconciliations are done and followed up.


Financial Operations:



  • Compiles and populates records to Trial Balance level

  • Ensure the timely recognition of inflows and correct allocation

  • Ensure the timely processing of payments within the agreed timelines

  • Ensure the accurate recognition of payments including VAT and WHT if any

  • Provide needed support towards the implementation of various IT initiatives

  • Act as the main point of contact for addressing any inquiries and questions related to financial operations

  • Supervise the daily operational tasks of the collections team

  • Develop financial policies and procedures for operational efficiency

  • Develop operational initiatives to achieve financial goals.


Qualifications & Experience



  • Professional accounting qualification (ICAN/ACCA) is an added advantage

  • Is able to demonstrate recent, relevant experience of managing a Financial Operations team in an insurance Company

  • Has a sound understanding of accounting concepts and reporting requirements under relevant accounting standards

  • Has a sound understanding of VAT and WHT requirements

  • Cognate experience with bank reconciliation in insurance

  • Has previous financial accounting experience

  • Has a good eye for detail

  • Good interpersonal skills.

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