Fund Accountant

What will you do?

This role is responsible to manage operational activities and processes related to bank reconciliations, broker and fee activities, and to perform reconciliations to the market as confirmed by the Investment Management Company whilst managing risk.

Key Outcomes

The following outcomes will be expected to be achieved by Fund Accountant:

• Daily management of bank account.
• Processing daily investment and disinvestment instructions timeously.
• Compile monthly bank reconciliations and cashflow analysis as per procedure.
• Monthly fee reconciliation for broker commission.
• Administration fee reconciliations completed timeously.
• Dailly commission fees run from Compass.
• Exception reporting and investigation for fee anomalies.
• Monthly upload of global fees/perform conversions.
• General queries i.e. negative fees appearing on daily commission file.
• Performing trail commission reconciliations and liaising with offshore MANCOs for quarterly statements.
• Perform daily reconciliations for transactions captured on line of business system to those transacted in the market as confirmed by the investment managers.
• Identify exceptions or differences and liaise with investment managers and internal business teams to resolve.
• Reconcile transactions on the investment manager recon and submit to the line manager for sign-off.
• Prepare asset and liability report between client asset and Investment Management Company held by the investment management companies.
• Prepare stakeholder reports, i.e. Nomco and Board reports.
• Prepare market switches to clear AVL differences.
• Request investment management company statements to reconcile.
   

Qualifications and experience  

• Diploma in Accounting / Finance Management or equivalent NQF level 5 (essential)
• 3 - 4 years’ experience in reconciliations and finance administration in a LISP environment
• Intermediate Microsoft Excel skills 

Competencies

• Client Focus
• Cultivates Innovation
• Collaborates
• Drives Results
• Being Resilient
• Adhering to Principles and Values
• Highly Analytical
• Planning and Organising
• Following Instructions and Procedures

Attributes

• Positive, enthusiastic attitude
• Teamwork
• Ability to work under pressure
• Honesty, integrity and respectSelf-starter and self confidence

What will make you successful in this role?

Qualification and Experience

Knowledge and Skills

Personal Attributes

Build a successful career with us

We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping  our employees to realise their worth. Through its five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.

Core Competencies

Turnaround time

The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers. 

Our commitment to transformation