Reporting and Planning Accountant at Old Mutual Insurance Rwanda: (Deadline 7 August 2023)

Reporting and Planning Accountant at Old Mutual Insurance Rwanda: (Deadline 7 August 2023)

Old Mutual Insurance Rwanda (former UAP Insurance Rwanda) is a subsidiary of UAP Old Mutual Group, member of Old Mutual Limited, an Integrated financial service provider comprising Insurance, Banking, and Investment Business. Old Mutual insurance Rwanda vision is being the Rwandan’s revolutionary financial services company with a commitment to enhance the quality of life by delivering peace of mind and financial freedom.

Old Mutual Limited (OML) is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 14 countries. Our primary operations are in South Africa and the Rest of Africa, and we have niche businesses in Asia. We have 12 million customers and 30,000 employees and with over 175 years of heritage across sub-Saharan Africa, we are a crucial part of the communities we serve and broader society on the continent. The business is listed on the Johannesburg, London, Zimbabwean, Malawian and Namibian stock exchanges. The UAP Old Mutual Group comprises of three key players as a result of the acquisition of a controlling stake in Faulu in 2014 and UAP in 2015 by Old Mutual. The acquisition resulted in Old Mutual Kenya and UAP Holdings (www.uapoldmutual.com) as well as Faulu Microfinance Bank (www.faulukenya.com) forming one of the largest financial services groups with a growing footprint in East and Central Africa. The Group currently has operations in Kenya, Uganda, Tanzania, South Sudan and Rwanda.  The Group now offers customers a comprehensive and enhanced range of financial services which include Investment, Insurance, Banking, and Savings as well as a wider and more accessible distribution network. The wider group also offers broad career growth prospects for employees. It therefore wishes to fill the below vacant position with qualified, experienced, and talented individual to strengthen its portfolio as a Pan – African Financial Services Group. The positions’ details are further outlined below;

Job Summary

The Reporting and Planning Accountant will be responsible for accurate and timely production of management accounts and will support the production of the statutory accounts, including P&L, balance sheet and cash-flow, ensuring data is an accurate representation of the performance and financial position of the business. Other main responsibilities include devising the Medium-Term Plan, detailed yearly operational budgets and forecasts within the financial reporting and planning framework.

Key tasks and responsibilities

• Production of accurate and timely financial information, including P&L balance sheet and cash-flow
• Production of accurate and timely presentation of financial statements, including P&L balance sheet and cash-flow
• Produce accurate and robust forecasts.
• Preparation of the monthly and Quarterly accounts, forecasts which includes detailed variance analysis and narrative.
• Cash-flow reporting and commentary including working capital analysis.
• Support with preparation of board packs and corporate requirements
• Assist in external audit’s substantiation of financial statements by providing key analysis.
• Continuously improve/implement efficiencies to actual, planning and forecasting tools
• Responsible for documenting, updating processes and procedures as well as maintaining for all new and emerging changes.
• Support delivery of Statutory Accounts, to time and quality.
• Support strategic decision making through complex operational and financial analysis.
• Ensure strong relationships with Finance Business partners including regular catch ups and to help improve data integrity.
• Providing accounting advice and analytical support to ad hoc projects as and when required
• Daily and Monthly Bank Reconciliation
• Supervision of branches on cash receipted and banked.
• Ensure renewal and maturity of fixed deposit and T-Bond with competitive rate
• Responsible of Funds on all Bank Accounts.
• Ensure proper records are kept and that effective financial procedures and controls are in place ie: Cheque signatories, petty cash/float, Salary payments, Pension, PAYE, Refunds, Guaranty funds and other payments.
• Arrange payments to creditors as appropriate and arrange appropriate signatures on payments.

Qualifications and experience

• Qualified accountant (CIMA, ACCA, CPA) or individual suitably qualified by experience
• A first degree, preferably in Accounting or Finance
• Have worked in a busy accounting or Audit environment for at least 3 years

Skills and competencies

• Analytical skills
• High level of initiative and self-motivation
• Task and time management proficiency

• Good communications skills

Please visit our careers page through:

https://oldmutual.wd3.myworkdayjobs.com/en-US/Old_Mutual_Careers/details/Reporting—Planning-Accountant_JR-43072?q=reporting%20and%20planning%20accountant

Interested candidate are requested submit their applications by 12.00 a.m. 07^th August 2023.

Applicants must possess or be in the process of applying for a POLICE CLEARANCE CERTIFICATE as at the time of making an application. 

ONLY short-listed candidates will be contacted.

CLICK HERE TO READ MORE AND APPLY