Accounts Assistant

Lets Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

Key Responsibilities

• 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.

Skills

Competencies

Education

Closing Date

The Old Mutual Story!