Old Mutual Nigeria consists of a Life Assurance and General Insurance business and provides a wide spectrum of insurance solutions tailored to meet unique individual and corporate clients’ circumstances.
We are recruiting to fill the position below:
Job Title: Finance Manager
REF: 11237/NIGE/OO/Finance Manager/Nigeria/090519
Location: Nigeria
Available: ASAP
Contract: Permanent
Category: Insurance
Offer: Market Related
Job Descriptions
- This role is individually accountable for achieving results through others, over periods of 3 months to a year. The focus is the following: Execution of the business plan and for governance and compliance at an operational level, preparation of management reports, interpretation of financial data and predictive results.
- Implementation of accounting processes, systems and controls for a product. The role is also responsible for product profitability analysis, overall responsibility for the preparation & quality of financial accounts and maintenance of financial records.
Job Specification
Descriptor:
- Responsible for the financial accounting / control function in the business unit.
- Carries overall responsibility for the preparation and quality of financial accounts and maintenance of financial records
- Contributes to and implements financial strategy.
- Assists in deciding on the financial and business viability of new and existing projects and programmes.
- Analyses financial records such as income trends.
- Responsible for preparation of all finance related regulatory returns.
- Plans and prepares budgets and documents such as the annual report, according to organisational goals
- Analyses and monitors the effect of budget or policy changes on business unit productivity.
- Responsible for audit liaison as well as tax, legislative & statutory requirements.
Key Result Areas
Financial Control:
- Contributes to and implements financial strategy.
- Responsible for the financial accounting / control function in the business unit through other managers and their teams.
- Carries overall responsibility for the preparation and quality of financial accounts.
Financial Analysis:
- Analyses financial records such as income trends.
- Analyses and monitors the effect of budget or policy changes on the business unit’s productivity.
- Assists in deciding on the financial and business viability of new and existing projects and programmes.
Financial Reporting:
- Plans and prepares budgets and documents such as the annual report, according to organisational goals.
Governance & Compliance:
- Liaises with internal and external auditors.
- Ensures tax, legislative and statutory requirements are met.
Team Effectiveness:
- Individually accountable for staff time, tasks and output quality, over periods of up to 1 year.
- Balances own priorities with directing and motivating others.
- Guides and directs staff to achieve operational excellence standards.
- Creates a climate for optimal performance.
- Manages performance.
- Selects potential staff to sustain customer / client service delivery.
Minimum Requirements
Qualifications and Experience:
- A first degree or its equivalent in relevant field (Master’s degree is an advantage)
- At least 10 years work experience (five of which must be at senior management level)
- Qualified Accountant (CPA, CA, ACA and ACCA) or any Accounting Professional qualification from recognised Professional Body
- Relevant industry experience is required
- Excellent communication skills (verbal and written)
- Strong analytical skills
- Good Excel and PowerPoint skills
Interested and qualified candidates should:Click here to apply
Job Title: HFM, Tax & System Manager
REF: 1238/NIGE/OO/HFM, TAX & SYSTEM MANAGER/Nigeria/090519
Location: Nigeria
Contract: Permanent
Start Date: 2019-05-09
Category: Insurance
Job Description
- This role assists the Chief Financial Officer and the Head of Business Planning and Analysis with the payables and tax/regulatory Compliance functions for all Old Mutual entities in Nigeria, management of budget control and the effectiveness of internal financial control systems.
- The incumbent is individually accountable for achieving results through own efforts for periods of up to 1 year.
Job Specification
Key Focus:
- This role assists the Chief Financial Officer and the Head of Business Planning and Analysis with the payables and tax/regulatory Compliance functions for all Old Mutual entities in Nigeria, management of budget control and the effectiveness of internal financial control systems.
- The incumbent is individually accountable for achieving results through own efforts for periods of up to 1 year. The focus is the following: Management of Tax Audit & Compliance within the businesses, Loading of all HFM reports (Monthly Management Accounts, Quarterly forecasts and Business plans on a timely basis), including monitoring the completeness and accuracy of financial information across the reporting systems (OIPA, DIGIATA, COMPEN, TIA, HFM & FDM) and the implementation of accounting processes, systems and internal controls.
Descriptor:
- Deliver a full range of tax services in compliance with laws and regulations within time frame.
- Identify and mitigate tax risks.
- Ensure timely and accurate reporting on all TAX matters, FATCA, Transfer Pricing and other reports to the group within the said time frame.
- Assist to stabilise and ensure sound internal financial controls by developing policies or implementing best practices.
- Manage and coordinate tax audits.
- Responsible for the rendition of statutory returns to relevant tax authorities and other regulatory agencies (other than NAICOM).
- Responsible for audit liaison as well as tax, legislative & statutory requirements.
Key Result Areas
Financial Control:
- Contributes to and implements tax strategy.
- Responsible for the internal financial control function in the business unit through other managers and their teams.
- Carries overall responsibility for the independent review of monthly financial reports and quality of financial accounts.
Financial Reporting:
- Monitor budget performances and report to budget holders including management
Governance & Compliance:
- Liaises with relevant government tax authorities including tax consultants.
- Ensures tax, legislative and statutory requirements are met.
Team Effectiveness:
- Individually accountable for staff time, tasks and output quality, over periods of up to 1 year.
- Balances own priorities with directing and motivating others.
- Guides and directs staff to achieve operational excellence standards.
- Creates a climate for optimal performance.
- Manages performance.
Qualifications and Experience
- A first degree or its equivalent in relevant field (Master’s degree is an advantage)
- At least 7 years work experience (three of which must be at middle management level)
- Qualified Accountant (CPA, CA, ACA and ACCA) or any Accounting Professional qualification from recognised Professional Body
- Relevant industry experience is required
- Excellent communication skills (verbal and written)
- Strong analytical skills
- Good Excel and PowerPoint skills
Offer
Market Related
Interested and qualified candidates should:Click here to apply
Application Deadline 16th May, 2019
Job Title: Retail/Bancassurance Underwriter
REF: 1236/NIGE/EU/RETAIL/BANCASSURANCE UNDERWRITER/Nigeria/080519
Location: Nigeria
Available: ASAP
Contract: Permanent
Category: Insurance
Offer: Market Related
Introduction
- The purpose of the role is to provide quality underwriting outcomes for the retail/personal lines through effectively maintaining underwriting standards and providing quality client and broker service
- Responsible for collating statistical information into daily, weekly and monthly formats/reports.
Job Specification
Descriptor:
- Uses specialist technical knowledge to assess risk for business and/or specific products
- Uses specialist technical knowledge to evaluate and manage the validity of contracts
- Determine, select and accept risk and/or liability on behalf of the organization
- Evaluates proposals against business rules and practices.
- Follows standardised processes and provides administrative support in line with normal business functioning.
- Delivers on daily production standards and adheres to service and quality standards.
- Provides service to customers and intermediaries.
- Responds to immediate requirements within procedure.
Key Result Areas
Underwriting Processing:
- Responds to immediate underwriting requirements within procedure
- Follows standardized processes and provides underwriting support in line with normal business functioning.
- Delivers on daily production standards.
- Uses standard underwriting techniques to coordinate own work.
- Collates statistical information in predetermined formats.
- Integrates data into daily, weekly and monthly reports.
Personal Effectiveness:
- Accountable for service delivery through own efforts.
- Individually accountable for managing own time, tasks and output quality.
- Documentation Processing
- Makes increased contributions by broadening individual skills.
- Collaborates effectively with others to achieve personal results.
- Accepts and lives the company values.
Quality Assurance:
- Performs quality checks on own work.
- Adheres to service and quality standards.
Qualifications and Experience
- A First Degree or its equivalent
- Good underwriting skills,
- Technical/insurance product knowledge
- Good knowledge of Microsoft office suite.
Interested and qualified candidates should:Click here to apply
Application Deadline 22nd May, 2019.
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