FINANCIAL CONTOLLER at Old Mutual… · Nairobi

Financial Controller - Old Mutual Holdings

Location: Nairobi

Lets Write Africa's Story Together!

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

Job Description

Reporting to the Group CFO, the Financial Controller will be responsible for leading the Group's financial control and reporting function, ensuring the integrity, accuracy and timeliness of financial reporting across all entities. The role will provide leadership in financial governance, statutory and regulatory compliance, internal controls, treasury oversight, budgeting, financial planning and analysis, while safeguarding the Group's assets and supporting strategic business decision-making.

The Financial Controller will oversee the financial close process, ensure compliance with IFRS and Group accounting policies, strengthen the financial control environment, and partner with business leaders to drive financial performance, operational excellence and sound financial governance across the Group.

Entities: OMH PLC, OMEA, Old Mutual Foundation, UAP Global Services, OMAM, UAP Investments Ltd.

1. KEY TASKS AND RESPONSIBILITIES

A. Financial Reporting & Control

• Lead the preparation of accurate and timely monthly, quarterly and annual financial reports for Management, Executive Committees, Boards and Shareholders.
• Oversee the month-end and year-end close process, ensuring the integrity of financial records, reconciliations and financial statements.
• Ensure compliance with IFRS, Group accounting policies and financial reporting standards while maintaining a robust financial reporting calendar.
• Implement and continuously strengthen accounting systems, financial controls and reporting processes to safeguard company assets and ensure reliable financial information.

B. Financial Planning & Business Performance

• Contribute to the development and implementation of the Group's financial strategy, annual budgets and long-term business plans.
• Provide insightful financial analysis, business performance reporting and recommendations to support strategic decision-making and evaluate new business initiatives.
• Monitor financial performance against budgets and forecasts, identifying risks, opportunities and corrective actions to improve business performance.

C. Treasury, Governance & Compliance

• Oversee treasury, cash flow and working capital management to ensure adequate liquidity and optimization of financial resources.
• Ensure compliance with statutory, regulatory, taxation, Insurance Act and Group governance requirements while maintaining effective financial risk management.
• Manage relationships with external auditors, regulators and other stakeholders, ensuring timely completion of audits and implementation of audit recommendations.
• Develop and maintain a strong financial control and governance framework that supports effective risk management and compliance across all Group entities.

D. Asset, Shared Services & Intercompany Management

• Oversee the management of fixed assets, investment income, finance costs, shared services reporting and strategic procurement support.
• Manage Group cost allocations, intercompany transactions and reconciliations to ensure accuracy, completeness and compliance with Group policies.
• Liaise with OM Tower property managers to optimize property performance, including tenant management, maintenance and rental income.
• Ensure effective stewardship of Group assets through periodic verification, cost optimization and strengthened governance over shared services and intercompany activities.

E. Leadership & Stakeholder Management

• Sign authorized company financial documents in accordance with delegated authority.
• Provide leadership, coaching and performance management to the Finance team while fostering a culture of accountability, continuous improvement and high performance.
• Build strong partnerships with business leaders and key stakeholders to support finance transformation, process improvement and achievement of the Group's strategic objectives.

2. SKILLS, KNOWLEDGE & COMPETENCIES

• Aligns Execution - Planning and prioritizing work to meet commitments aligned with organizational goals.
• Manages Complexity - Making sense of complex, high volume and sometimes contradictory information to effectively solve problems.
• Builds Effective Teams - Building strong, diverse teams that apply their diverse skills and perspectives to achieve common goals.
• Ensures Accountability - Holding self and others accountable for meeting commitments.
• Business Insight - Applying knowledge of business and the marketplace to advance the organization’s goals.
• Strategic Vision - Seeing ahead to future possibilities and translating them into breakthrough strategies.
• Drives Results - Consistently achieving results, even under tough circumstances.
• Customer Focus - Provides responsive, timely and helpful service to encourage client loyalty.
• Engages & Inspires - Creating a climate in which people are motivated to do their best to help the organization achieve its objectives.
• Instils Trust - Gaining the confidence and trust of others through honesty, integrity, and authenticity Cultivates Innovation - Creating new and better ways for the organization to be successful.
• Develops Talent - Developing people to meet both their career goals and the organization’s goals.

3. EXPERIENCE & QUALIFICATIONS

• A minimum of 10 years' relevant finance experience, or an equivalent combination of education and experience that demonstrates the required knowledge, skills and abilities.
• At least 5 years’ experience in a leadership position.
• Undergraduate degree in Finance, Actuarial, Business or Commerce related field.
• A Master’s degree will be an added advantage.
• Fully qualified CPA(K) or ACCA professional with up-to-date valid membership with ICPAK or ACCA.

5. ANTI-MONEY LAUNDERING (AML) EXPECTATION

The Financial Controller will be responsible for ensuring adherence to, implementation of, and adoption of Compliance, Anti-Money Laundering (AML), and Sanctions-related policies, procedures, and process requirements within Old Mutual and its subsidiaries. This includes execution of customer due diligence processes, ensuring compliance with Know-Your-Customer (KYC) standards, conducting ongoing and enhanced due diligence, and maintaining data quality. Additionally, the role involves identifying and monitoring potential AML, Sanctions, or Compliance breaches and unusual activities, and escalating these concerns to the Risk and Compliance Office for further action.

Skills

Accounting, Adaptive Thinking, Budget Management, Data Compilation, Data Controls, Evaluating Information, Executing Plans, Financial Accounting, Financial Acumen, Financial Auditing, Financial Modeling, Managerial Accounting, Numerical Aptitude, Policies & Procedures

Competencies

Balances Stakeholders

Business Insight

Decision Quality

Ensures Accountability

Financial Acumen

Instills Trust

Manages Complexity

Optimizes Work Processes

Education

NQF Level 9 – Masters

Closing Date

29 October 2026 , 23:59

The Old Mutual Story!