Accounting Officer

Let's Write Africa's Story Together!

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

Old Mutual Alternative Investments (OMAI) is one of Africa’s leading private alternative investment managers. We have over *ZAR150 B (USD8 B) in assets under management in Infrastructure, Private Equity, Impact Investing, Hybrid Capital and Diversified Credit.

Established in South Africa in 2000, OMAI is one of the first alternative investment managers, inheriting a rich history in the investing space as a member of the Old Mutual Group, with more than 175 years of investing experience in Africa. We aim to deliver consistent, competitive returns to investors, and create a positive, long-term impact in the communities and environment we live and invest in.

This role supports the Finance team in managing day-to-day transactional finance activities across multiple OMAI group entities focusing mainly on OMAI and African Infrastructure Investment Managers (AIIM).

The successful candidate will focus on cashbook management, accounts payable and receivable processing, reconciliations, and supporting month-end processes. The role supports the team during a transitional period, helping to stabilise processes while identifying efficiencies that enable a leaner operating process over time. It requires a detail-oriented finance professional who is comfortable working across multiple entities and managing high-volume transactional workloads within a controlled environment. The role is best suited to candidates who take ownership of processes and can identify improvements within a structured finance environment.

Key Priorities for the Contract Period

• Maintain stable and accurate cashbook and payment processing across multiple entities
• Ensure timely and complete reconciliations (bank, creditors, credit cards)
• Support month-end close processes and reduce processing backlogs where required
• Maintain strong financial controls over payments and reconciliations
• Identify areas for efficiency and process automation

Cashbook & Payments

• Maintenance of cashbook accounting records
• Processing bank transactions, monitoring accounts and bank reconciliations
• Obtaining appropriate authorisations
• Creating payment batches on the online banking platform for authorisation
• Preparation of monthly credit card reconciliations for sign-off and journal allocation

Creditors & Debtors

• Capturing, maintaining and reconciling monthly creditor invoices and statements
• Processing creditor payments to maintain accounts payable records and ensuring timely settlement
• Responding to creditor and debtor queries
• Preparing recovery invoices in respect of amounts recoverable
• Maintain supporting documentation and audit trails

General Ledger & Reporting

• Generating and processing transactions in the General Ledger system (Great Plains)
• Assisting with the prepayments schedule and the journaling thereof
• Assist with BEE procurement reporting where required
• Basic journalising and management account reporting of minor entities within the group

General & Administrative

• Support travel reconciliations and related queries
• Assist with cost allocations and reconciliations
• Maintaining sound internal controls within the finance and fund administration area
• Support reporting requirements to Group
• Assist with ad hoc tasks as required

Qualifications & Proficiencies

• Relevant bookkeeping or accounting qualification (e.g. Diploma in Accounting, AAT, or equivalent)
• +5 years’ experience in a financial and accounting environment in a similar role
• Experience with online banking systems (Nedbank advantageous)
• Knowledge and experience in Great Plains will be an added advantage
• Strong Excel capability (comfortable with reconciliations, lookups and large datasets)
• Exposure to process improvement or automation within finance environments will be advantageous.
• Basic understanding of fund management arrangements and structures advantageous
• Sound financial and accounting skills

Key Attributes and Competencies

• Reliable and trustworthy
• Highly organised with the ability to manage multiple priorities
• Ability to work efficiently under pressure and meet deadlines
• Strong attention to detail and accuracy
• Team-oriented approach
• Strong communication and interpersonal skills
• Proactive with a sense of initiative, ownership and accountability

Skills

Bookkeeping, Payment Handling

Competencies

Builds Networks

Business Insight

Collaborates

Courage

Drives Results

Ensures Accountability

Financial Acumen

Manages Complexity

Education

National Higher Diploma Cost Accounting

Closing Date

29 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.

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