Description:
Main Purpose:
Maintain a portfolio of funds by finishing daily, monthly, and quarterly chores, creating yearly financial statements of the highest quality for customers by 4 months of the Fund's year-end, and coordinating and facilitating the filing of financial statements to FSB within 6 months. This position is essential to upholding our continued commitment to excellence in the production of outstanding Annual Financial Statements and the linked procedures that influence its production.
Formal Qualifications:
Matric (Grade 12) with 5 years or more Retirement Fund accounting experience and studying towards relevant Accounting degree or Relevant Accounting Degree/ Tertiary QualificationRequired Experience:
Minimum 5 years Industry related experience (Advantageous) Computer literate in MS Office Suite ( Advanced MS Excel a must) Strong verbal and written communication skillsOperational Effectiveness:
Successfully complete reports for all Funds for review within portfolio within 45 days of the quarter end to the Reserve Bank Produce quality financial statements 2 weeks prior to the commencement of an audit Ensure that all financial statements are released to clients within 4 months or per client SLA and signed for submission to the FSB within 6 months after year end. Completion of monthly Asset and Liability Matching queries with no highly significant issues Maintaining and prepare all funds destined for closure Resolving all queries to FSB within the required 30 days from receipt Ensure 100% compliance rating on internal audits Embrace any technological advancement to gain operational maximum efficiencies All processes and document storage for to saved on SharePoint /on server/ on Fundi, no shared documents to be saved on desktop Management of bank account justifying the bank account balance and processing all investments and disinvestments instructions timeously Compile Trustee cashflows and bank recons as per procedure monthly / as per requirements Ensure all fees and premiums are paid monthly and timeously per procedure Adhoc Invoices are paid within 3 days of receipt/ or on receipt of disinvestment from market. Adherence to procedures to avoid potential PI claims Ensure no FSB Penalties lodged within a review period Management of individual expenses to avoid overruns Manage the audit process to avoid cost overruns UA and ALM asset alignments to be completed per instruction Clearing of debtors and creditors within required time frames Perform complex duties which can include Script lending recons / unsettled trade recon / completion of Schedule IA for Segregated portfolio / deri...Additional Info:
1 to 5 years
Salary: RNegotiable
Job Reference #: 1131150877
18 Jul 2022;
from:
gumtree.co.za