Finance Operations Manager

Responsibilities

• Financial Operations Oversight
• Manage bank and cash, GL, accounts payable, fixed assets, accruals and provisions
• Ensure timely and accurate execution of BAU finance processes
• Bank & Cash Management
• Daily bank reconciliations and clearing of reconciling items
• Strong controls over payments and cash handling
• General Ledger & Financial Integrity
• Maintain GL health, monitor control and suspense accounts
• Ensure monthly balance sheet reconciliations
• Insurance-Specific Finance Functions
• Oversee claims paid, salvage, and recoveries accounting
• Ensure proper cut-off and accuracy
• Accounts Payable & Supplier Governance
• Ensure accurate invoice processing and supplier compliance
• Fixed Assets Management
• Maintain asset register and depreciation
• Accruals & Financial Close
• Ensure completeness of accruals and timely close
• Governance, Controls & Compliance
• Maintain strong internal control environment
• Ensure DOA compliance and approval governance
• Audit Liaison
• Manage internal and external audit processes
• Stakeholder Management
• Engage business units and provide financial insights
• Continuous Improvement
• Drive process improvement and automation
• Approvals, Governance & Internal Controls
• Enforce approval frameworks for journals, payments, and adjustments
• Ensure segregation of duties and strong control design
• Monitor compliance with IFRS and internal policies
• Qualifications & Experience
• BCom essential
• Postgraduate Qualification or CA(SA) advantageous
• 5+ years finance operations experience
• Success Measures
• Clean audit outcomes
• Strong reconciliations and controls discipline
• Reduced unreconciled balances
• Timeous turnaround for stakeholder matters
• The Recruitment Process:
• TA Interview: This will be a discussion with our Senior Talent Acquisition Specialist to give you an understanding of our business, our culture & values and more context on the role. It will also allow us the opportunity to get to know you more and ensure OMI can meet your career aspirations.
• Panel Interview: This will be with 2 members of the Senior Leadership of the Hiring Team and 1 member of the HC Leadership Team.
• Technical & Psychometric Assessments: These will depend on the role and will sometimes happen concurrently with Vetting through an external service provider & Internal Verification.
• Final Feedback.
• All About OMI:
• https://www.oldmutual.co.za/about/old-mutual-insure/
• https://www.linkedin.com/posts/old-mutual-insure_i-work-at-old-mutual-insure-of-course-activity-7161674472469524483-w0j6?utm_source=share&utm_medium=member_desktop
• Please note that, unfortunately, we cannot accept any applications after the closing date

Requirements

• Competencies
• Business Insight
• Decision Quality
• Ensures Accountability
• Financial Acumen
• Instills Trust
• Manages Complexity
• Optimizes Work Processes
• Organizational Savvy
• Education
• Bachelor of Commerce (BCom): Accounting Finance (Required), NQF Level 9 - Masters
• Closing Date
• 18 June 2026 , 23:59
• The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.
• The Old Mutual Story!

Benefits

Additional Information

Let's Write Africa's Story Together! Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this. Job Description The Finance Operations Manager is responsible for overseeing the end-to-end finance operations environment, ensuring the integrity, accuracy, and completeness of financial records while maintaining strong governance, internal controls, and stakeholder confidence.

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