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Sign up with Clera and we'll reach out the moment a role actually fits you — no more spraying applications into the void.
Full-time
bachelor degree, postgraduate degree
Posted 9d ago
Apply by Aug 15
~40 hrs/week
Responsibilities
The Business Analyst bridges the gap between Finance and Technology to deliver scalable, efficient, and compliant financial solutions. They are responsible for analyzing business requirements, optimizing consolidation processes, and supporting month-end and year-end reporting cycles.
Requirements
Candidates must have 5 to 8 years of experience in Business Analysis within the financial services or insurance sectors. A relevant degree or diploma in Finance or Information Systems is required, along with strong proficiency in financial reporting and system tools like Oracle Hyperion.
Full job description
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 Business Analyst within the Group Finance Operations & Enablement team plays a critical role in bridging the gap between Finance and Technology to deliver scalable, efficient, and compliant finance solutions. The incumbent will partner with finance and IT stakeholders to analyse business requirements, optimise processes, support financial systems, and drive the delivery of strategic initiatives across the finance data and reporting landscape.
This role requires strong business analysis expertise, a solid understanding of financial reporting and consolidation processes, and the ability to translate complex business needs into functional solutions. The successful candidate will contribute to system improvements, data integrity, governance, testing, and continuous process enhancement while supporting key finance operations such as month-end and year-end reporting cycles.
Key Result Areas/Outputs:
Requirements & Stakeholder Management
Lead the elicitation, analysis, and documentation of business and system requirements across finance and IT stakeholders
Facilitate workshops, interviews, and working sessions to define clear, testable requirements
Ensure full traceability from requirements through to delivery and testing
Act as the primary liaison between Finance and Technology teams
Functional & Process Expertise
Drive analysis and solution design across the application lifecycle including:
Consolidation processes (intercompany eliminations, journals, FX translation)
Reporting outputs and disclosures
Support month-end and year-end close processes, ensuring system readiness and issue resolution
Translate finance requirements into application rules, calculations, and functional specifications
Data & Impact Analysis
Analyse financial and operational data to identify trends, risks, and business impacts
Assess upstream and downstream impacts of changes across the finance data ecosystem
Ensure data integrity, reconciliation, and alignment across systems
Process Improvement & “As Is / To Be” Design
Document current and future-state processes across finance and reporting landscapes
Identify inefficiencies and recommend improvements aligned to best practice
Support continuous improvement of consolidation, reporting, and control processes
Solution Design & Delivery
Contribute to solution design, ensuring alignment to architecture, data standards, and governance
Define functional specifications for application enhancements and integrations
Support Agile delivery including backlog refinement, sprint planning, and prioritisation
Testing & Quality Assurance
Define test strategies, scenarios, and acceptance criteria
Lead UAT for finance systems, ensuring business sign-off and readiness
Validate that solutions meet functional, data, and reporting requirements
Governance, Risk & Compliance
Ensure solutions comply with financial controls, audit requirements, and regulatory standards
Support documentation required for audit and governance reviews
Maintain strong control over financial data accuracy and reporting integrity
Personal Capability Building
Develop own capabilities by participating in assessment and development planning activities as well as formal and informal training and coaching; gain or maintain external professional accreditation, where relevant, to improve performance and fulfill personal potential.
Maintain an understanding of relevant technology, external regulation, and industry best practices through ongoing education, attending
conferences, and reading specialist media.
Requirements: Skills, Qualifications and Experience required:
5 to 8 years’ experience in Business Analysis within Banking, Financial Services, or Insurance
Educatuonal Requirements - Relevant Degree or Diploma in Finance /Honours in Information Systems /Business Analysis OR Postgraduate Diploma in Business Analysis or similar is preferred
University short courses are advantageous
Strong experience with Oracle Hyperion (EPM/HFM) stack and/orOracle ERP SAAS and/or Accurate (automating reconciliation knowledge), would be advantageous
Solid understanding of financial reporting, group consolidation, and finance controls
Experience working in Agile delivery environments
Proven capability in data analysis, solution design, testing, and stakeholder management
Life insurance industry experience preferred
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Skills
Adaptive Thinking, Analytics Software, Business Case Development, Business Intelligence (BI) Analysis, Business Requirements Analysis, Business Requirements Elicitation, Computer Literacy, Current State Assessment, Database Reporting, Data Compilation, Data Controls, Gap Analysis, Readiness Assessments, Requirements Development, User Requirements Documentation
Competencies
Action OrientedBusiness InsightCultivates InnovationDecision QualityEnsures AccountabilityManages ComplexityNimble LearningOptimizes Work Processes
Education
Bachelors Degree (B) (Required)
Closing Date
14 August 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.
Old Mutual Limited is a premium pan-African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 14 countries. We have been helping our customers achieve their lifetime financial goals for over 170 years by investing their funds in ways that create positive futures for them, their families, their communities and broader society.
In this way, we significantly contribute to improving the lives of our customers and their communities while ensuring a sustainable future for our business.
We employ more than 30 000 people and operate in 14 countries across two regions Africa (South Africa, Namibia, Botswana, Zimbabwe, Kenya, Malawi, Tanzania, Nigeria, Ghana, Uganda, Rwanda, South Sudan and eSwatini) as well as Asia (China)
So why work here?
We believe you can shape the future with us – a future where we build a better Africa together. That’s why we’re committed to creating opportunities that will give you an edge on the rest. Once you’re part of our team, you will have access to the best breed of advice, tools and frameworks that will equip you to be your exceptional best. #MomentsThatMatter
Offices: 107 Rivonia Road, Sandton, Gauteng 2196, ZA · Jan Smuts Drive, Pinelands, Cape Town, Western Cape 7405, ZA
How many Finance & Accounting jobs are open in Cape Town, South Africa right now?
There are currently 475 open finance & accounting positions in Cape Town, South Africa listed on Clera. New openings are added daily as companies post roles.
Which companies are hiring for Finance & Accounting roles in Cape Town, South Africa?
Companies currently hiring include Old Mutual South Africa, DigiOutsource, FirstRand Bank India, EXL, Apex Group Ltd, among others. Browse the listings above to see every active employer.
Are there remote or hybrid Finance & Accounting jobs in Cape Town, South Africa?
Yes — 187 of the 475 open finance & accounting positions offer remote or hybrid work (39 remote, 148 hybrid).
How do I apply for Finance & Accounting jobs in Cape Town, South Africa?
Each listing links directly to the employer's application page. Apply early — fresh listings get the most recruiter attention in the first two weeks.