Senior Specialist Business Performance Partnering

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

To ensure the implementation of financial policies, procedures, and practices at a divisional tactical level and to provide guidance and support management in dealing with all aspects of finance in accordance with such policies and procedures whilst also achieving operational goals and objectives.In addition, this role is specifically accountable for driving detailed expense management and financial performance reporting for iWYZE to ensure delivery of value creation targets as defined by OML Group and the Executive Committee. The role requires strong oversight of key financial control processes (including balance sheet and invoicing processes), ensuring completeness, accuracy, and timely execution through Finance Operations.

Responsibilities

Implement financial policies, procedures, and practices.

• Ensure all expense and financial management practices are aligned to OML Group value creation objectives and internal governance requirements.

• Compare and analyse financial data, and produce detailed reports identifying trends, discrepancies and inconsistencies.

• Guide and support the business areas in compiling business plan and forecasts. Ensure alignment of plans to set targets and cost efficiency commitments.

• Perform analysis in business areas and provide insights to management on how to improve financial performance.

• On a monthly basis assess business performance against budget/ forecasts and guide business in implementing appropriate initiatives to meet budgets. Track and report performance against targets and ensure corrective actions are implemented where required.

• Identify trends in business and financial implications.

• Provide general commercial advice to business areas.

• Provide link between business and finance areas. Function as key interface between iWYZE, the BPP team and Finance Operations to ensure alignment of financial outputs and processes.

• Optimise departmental performance through targeted business intelligence to ensure that it becomes the primary way of driving performance and execution. Ensure reporting supports decision-making at Manco and profitability forums.

• Review and vet manual transactions calculated and processed for reinsurance.

• Perform financial modelling to support feasibility studies/business cases for new initiatives.

Financial Reporting and Delivery

• Prepare and present monthly financial performance at Manco and profitability management meetings.

• Provide clear commentary on performance, variances, risks, and opportunities.

• Respond to ad hoc financial requests from business, EXCO and Group.

Balance Sheet Oversight (not execution)

Ensure that the following are performed and reconciliation items resolved:

• Bank reconciliations.

• Debtor and creditor reconciliations.

• Claims, salvage, and recoveries reconciliations.

Not responsible for preparation, but accountable to:

• Ensure completion and timeliness.

• Review outputs and identify concerns.

• Follow up and escalate unresolved items.

• Ensure no material control risks exist.

Revenue and Invoicing Management

• Ensure correct and complete invoice information is submitted to Finance Operations.

• Ensure invoicing is performed timeously.

• Monitor and resolve un-invoiced data or revenue leakage risks.

• Support revenue completeness and accuracy.

Project and System Improvements

• Support and manage ongoing projects relating to system mapping and process improvements.

• Work with project teams, Finance and iWYZE to ensure delivery.

• Track progress, resolve issues and ensure improved data accuracy and reporting integrity.

Service delivery to ensure customer satisfaction.

• Establish productive operational relationships with key stakeholders in the various channels and administrative teams.

• Develop work routines in line with operational plans / schedules to manage achievement of service delivery goals.

• Share knowledge on, and participate in the creation of new standards, control systems, and procedures to maintain service delivery.

• Strong alignment with Finance Operations to ensure effective execution of financial processes.

Cost control and governance adherence

• Proactively ensure use of time, of resources, money, materials, or equipment is in line with policies and procedures.

• Comply with corporate governance policies, procedures, and standards.

• Operate within agreed mandates.

Quality people practices

• Align own behaviour with the organisation culture and values.

• Share and transfer product, process, and systems knowledge to colleagues.

• Ensure achievement of own performance objectives.

• Actively share information with other team members regarding successes, issues, trends, and ideas.

• Actively participate in own professional development and career path.

• Actively promote a culture of learning and high-performance culture amongst team members.

• Organization and Attention to Detail: The extent to which one systematically employs a standard system of organization in work process and related resources and an overall concern for integrating all aspects of the task, situation and/or work-related problem.

• Financial Administration: The provision of effective financial processes in the organization.  

• Results Orientation: Consistently delivers required business results; sets and achieves achievable, yet aggressive, goals; consistently complies with quality standards and meets deadlines; maintains focus on organizational goals.

• Reporting and interpretation: Prepares accurate reports to satisfy risk reporting requirements, with relevant interpretation of analysis for business users.

• Decision making and problem solving: The extent to which an individual can recognize and analyse a problem and/or a difficult situation and develop an appropriate and purposeful course of action.

• Internal Control: Ensures that adequate control guidelines are in place to protect the assets and resources of the organization.

• Teamwork and Cooperation: Cooperates with others to accomplish common goals; collaborates with employees within and across his/her department to achieve shared goals; values the contributions of others.

• Planning Skills: Establishing a clear course of action, involving others as appropriate, managing activities and monitoring results to accomplish a specific goal.

• Stakeholder engagement and management: Recognizes the importance of relationships as a fundamental business resource and makes attempts to build and maintain solid working relationships with others.

Experience, knowledge & skills required

• Bachelor’s Degree or Advanced Diploma NQF level 7 in Commerce or equivalent.

• 5 - 8 years’ experience in field of financial reporting and business performance partnering.

• 2 - 3 years’ experience in working on Oracle FM.

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

Skills

Competencies

Business Insight

Decision Quality

Ensures Accountability

Financial Acumen

Instills Trust

Manages Complexity

Optimizes Work Processes

Organizational Savvy

Education

Bachelor of Commerce (BCom): Financial Accounting (Required)

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.

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