Title: Senior Accountant OMLAU job at Old Mutual
Senior Accountant OMLAU
2025-05-06T08:48:07+00:00
Old Mutual
https://cdn.greatugandajobs.com/jsjobsdata/data/employer/comp_3231/logo/Old%20Mutual.png
https://www.uapoldmutual.co.ug/
FULL_TIME
kampala
Kampala
00256
Uganda
Finance
Accounting & Finance
2025-05-19T17:00:00+00:00
Uganda
8
Job Description
naTo manage the accounting function of the company in a professional manner to ensure the company meets its financial obligations on a day-to-day basis.
- Accountable for the overall operations of the finance function, including but not limited to daily finance operations, project management, audit execution and compliance at an operational level.
- Generates financial information and reports.
- Analyses and reports on variances.
- Maintains suitable financial control environment.
- Support with IFRS 17 reporting and other financial reporting requirements of the company.
- Prepare IFRS 17 compliance RBS returns.
- Confirm investment in company assets are within company investment policy statement as guided by the Insurance Act and advice the fund management monthly;
- Oversee Expenses management, containment and austerity measures to achieve cost savings of a minimum 10%.
- Implementation and reviewing of credit management strategies in line with the overall corporate strategic objectives;
- To manage the operational activities within the accounting function and to supervise and motivate the staff therein to ensure that they successfully discharge their duties.
- Coordinate more complex accounting projects and initiatives with other members of the accounting and finance team or with other departments.
- Document and monitor internal controls in support of auditing team.
- Ensure that (external and internal) accounting procedures are being followed to ensure compliance with international financial reporting standards and regulators requirements.
- Develop and offer business analytics relevant for decision-making by Exco management of the company.
- Ensure that the monthly and annual accounts are prepared within the stipulated time to assist management and directors in prompt decision making.
- Ensure compliance with tax authorities and commissioner of insurance requirements to avoid any regulators requirements
- Support with team career development through training programmes, mentorship and fostering team spirit.
- Ensure a strong financial control environment through reviews of processes and controls, implementation of audit recommendations and the controls improvement program.
- Support with stakeholder engagements such as internal and external audits, regulatory bodies, banks and other key consultants/ stakeholders.
- Ensure compliance with all other industry relevant regulations.
- AML: 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 it 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
Qualification:
A University degree in Business Administration, Finance and Accounting or an equivalent with qualifications in ACCA/CPA
Skills
Accounting, Accounts Payable Process, Customer Due Diligence (CDD), Due Diligence, Enhanced Due Diligence, Ensure Compliance, Finance, Financial Operations, Financial Reporting Standards (FRS), IFRS 17, Insurance, International Financial Reporting Standards (IFRS), Investment Policy, Investments, Invoices, Know Your Customer (KYC), Money Management, Payment Handling, People Management, Professional Etiquette, Regulations, Team Spirit, Teamwork
Competencies
Business InsightCommunicates EffectivelyDecision QualityEnsures AccountabilityFinancial AcumenManages ComplexityPlans and AlignsTech Savvy
Education
Bachelors Degree (B): Business Administration (Required), Honours Degree (Hons): Finance And Accounting Public (Required)
Job Description naTo manage the accounting function of the company in a professional manner to ensure the company meets its financial obligations on a day-to-day basis. Accountable for the overall operations of the finance function, including but not limited to daily finance operations, project management, audit execution and compliance at an operational level. Generates financial information and reports. Analyses and reports on variances. Maintains suitable financial control environment. Support with IFRS 17 reporting and other financial reporting requirements of the company. Prepare IFRS 17 compliance RBS returns. Confirm investment in company assets are within company investment policy statement as guided by the Insurance Act and advice the fund management monthly; Oversee Expenses management, containment and austerity measures to achieve cost savings of a minimum 10%. Implementation and reviewing of credit management strategies in line with the overall corporate strategic objectives; To manage the operational activities within the accounting function and to supervise and motivate the staff therein to ensure that they successfully discharge their duties. Coordinate more complex accounting projects and initiatives with other members of the accounting and finance team or with other departments. Document and monitor internal controls in support of auditing team. Ensure that (external and internal) accounting procedures are being followed to ensure compliance with international financial reporting standards and regulators requirements. Develop and offer business analytics relevant for decision-making by Exco management of the company. Ensure that the monthly and annual accounts are prepared within the stipulated time to assist management and directors in prompt decision making. Ensure compliance with tax authorities and commissioner of insurance requirements to avoid any regulators requirements Support with team career development through training programmes, mentorship and fostering team spirit. Ensure a strong financial control environment through reviews of processes and controls, implementation of audit recommendations and the controls improvement program. Support with stakeholder engagements such as internal and external audits, regulatory bodies, banks and other key consultants/ stakeholders. Ensure compliance with all other industry relevant regulations. AML: 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 it 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 Accounting, Accounts Payable Process, Customer Due Diligence (CDD), Due Diligence, Enhanced Due Diligence, Ensure Compliance, Finance, Financial Operations, Financial Reporting Standards (FRS), IFRS 17, Insurance, International Financial Reporting Standards (IFRS), Investment Policy, Investments, Invoices, Know Your Customer (KYC), Money Management, Payment Handling, People Management, Professional Etiquette, Regulations, Team Spirit, Teamwork Competencies Business InsightCommunicates EffectivelyDecision QualityEnsures AccountabilityFinancial AcumenManages ComplexityPlans and AlignsTech Savvy
Qualification: A University degree in Business Administration, Finance and Accounting or an equivalent with qualifications in ACCA/CPA
No Requirements
JOB-6819ccc7aa1f1
Vacancy title:
Senior Accountant OMLAU
[Type: FULL_TIME, Industry: Finance, Category: Accounting & Finance]
Jobs at:
Old Mutual
Deadline of this Job:
Monday, May 19 2025
Duty Station:
kampala | Kampala | Uganda
Summary
Date Posted: Tuesday, May 6 2025, Base Salary: Not Disclosed
JOB DETAILS:
Job Description
naTo manage the accounting function of the company in a professional manner to ensure the company meets its financial obligations on a day-to-day basis.
- Accountable for the overall operations of the finance function, including but not limited to daily finance operations, project management, audit execution and compliance at an operational level.
- Generates financial information and reports.
- Analyses and reports on variances.
- Maintains suitable financial control environment.
- Support with IFRS 17 reporting and other financial reporting requirements of the company.
- Prepare IFRS 17 compliance RBS returns.
- Confirm investment in company assets are within company investment policy statement as guided by the Insurance Act and advice the fund management monthly;
- Oversee Expenses management, containment and austerity measures to achieve cost savings of a minimum 10%.
- Implementation and reviewing of credit management strategies in line with the overall corporate strategic objectives;
- To manage the operational activities within the accounting function and to supervise and motivate the staff therein to ensure that they successfully discharge their duties.
- Coordinate more complex accounting projects and initiatives with other members of the accounting and finance team or with other departments.
- Document and monitor internal controls in support of auditing team.
- Ensure that (external and internal) accounting procedures are being followed to ensure compliance with international financial reporting standards and regulators requirements.
- Develop and offer business analytics relevant for decision-making by Exco management of the company.
- Ensure that the monthly and annual accounts are prepared within the stipulated time to assist management and directors in prompt decision making.
- Ensure compliance with tax authorities and commissioner of insurance requirements to avoid any regulators requirements
- Support with team career development through training programmes, mentorship and fostering team spirit.
- Ensure a strong financial control environment through reviews of processes and controls, implementation of audit recommendations and the controls improvement program.
- Support with stakeholder engagements such as internal and external audits, regulatory bodies, banks and other key consultants/ stakeholders.
- Ensure compliance with all other industry relevant regulations.
- AML: 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 it 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
Qualification:
A University degree in Business Administration, Finance and Accounting or an equivalent with qualifications in ACCA/CPA
Skills
Accounting, Accounts Payable Process, Customer Due Diligence (CDD), Due Diligence, Enhanced Due Diligence, Ensure Compliance, Finance, Financial Operations, Financial Reporting Standards (FRS), IFRS 17, Insurance, International Financial Reporting Standards (IFRS), Investment Policy, Investments, Invoices, Know Your Customer (KYC), Money Management, Payment Handling, People Management, Professional Etiquette, Regulations, Team Spirit, Teamwork
Competencies
Business InsightCommunicates EffectivelyDecision QualityEnsures AccountabilityFinancial AcumenManages ComplexityPlans and AlignsTech Savvy
Education
Bachelors Degree (B): Business Administration (Required), Honours Degree (Hons): Finance And Accounting Public (Required)
Work Hours: 8
Experience: No Requirements
Level of Education: bachelor degree
Job application procedure:
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