Assistant Fund Accountant

Old Mutual South Africa; Cape Town; On-site; ZAR 300,000 - 400,000; Full time

Job summary

A leading financial services company in Cape Town is seeking an Assistant Fund Accountant to join their team. This role is responsible for various fund administration tasks including asset reconciliation and reporting. Ideal candidates should have a tertiary qualification, 1-2 years of administration experience, and proficiency in MS Office and Excel. Join us to contribute to a unified and effective team, ensuring high-quality service in fund management.

Qualifications

• Minimum 1-2 years administration experience required.
• Possess strong analytical skills.
• Advantage - Working knowledge of the OMIA/OMIS business model.

Responsibilities

• Preparation of monthly asset reconciliations.
• Daily monitoring of product administration system.
• Performing monthly bank reconciliations.

Skills

Accounting

Action Planning

Budget Management

Computer Literacy

Data Analysis

Oral Communications

Education

Tertiary qualification or BCom/equivalent degree

Tools

MS Office

Excel

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

This role is for an Assistant Fund Accountant to join the OMIS Retirement Fund team within Old Mutual Investment Administrators (Pty) Ltd (OMIA). The team is responsible for administering the bank and assets of various products. These include LISP based retirement funds, voluntary products, and life products. The role is responsible for administration of the various assets and completion of reconciliations. This role follows processes to perform fund administration and reporting in a predetermined format. The incumbent is individually accountable for achieving results through own efforts. Follows processes to perform fund administration. Maintains client relationships in accordance with legislation, FSB regulations and good accounting practice. Ensures instructions to the market are carried out accurately. Provides daily and weekly reporting in a predetermined format.

Responsibilities

• Asset administration and systems: Preparation of monthly asset reconciliations and market valuation reports.
• Daily monitoring of product administration system and matching of transactions thereon.
• Performs monthly bank reconciliations.
• Processes MTS journals on Stadium.
• Responsible for clearing of reconciling items on bank and asset reconciliations.
• Responsible for new, complex and varied reconciliations with little input required.
• Liaise with Wealth service centre to process payments.

Relationship building

• Assist with building and maintaining a unified and sound team.
• Assist with building working relationships across lines of business and with 3rd parties to achieve service excellence and effective resolution of problems.

Personal Effectiveness

• Delivery through own efforts.
• Collaborates effectively with others to achieve personal results.
• Accepts and lives the company values.
• Strong analytical skills.

Qualifications And Experience Required

• Tertiary qualification or BCom/equivalent degree required
• Minimum 1-2 years administration experience required
• Computer literacy – MS Office and Excel required
• Advantage - Working knowledge of the OMIA/OMIS business model and related systems infrastructures
• Advantage – LISP or Financial services background

Skills

• Accounting
• Action Planning
• Budget Management
• Calendar Coordination
• Computer Literacy
• Data Analysis
• Database Reporting
• Data Compilation
• Data Interpretations
• Executing Plans
• Financial Acumen
• Management Reporting
• Numerical Aptitude
• Oral Communications
• Report Review

Competencies

• Directs Work
• Drives Results
• Ensures Accountability
• Manages Complexity
• Optimizes Work Processes
• Plans and Aligns
• Tech Savvy

Education

NQF Level 6 - Diploma, Advance or Occupational Certificate or equivalent

Closing Date

24 September 2025 , 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.

The Old Mutual Story!