Fund Accountant

Alexforbes; Sandton; On-site; ZAR 300,000 - 500,000; Full time

Job summary

A leading financial services company is seeking a Fund Accountant to manage a portfolio of funds, focusing on risk mitigation and compliance. The ideal candidate will have a strong background in retirement fund accounting and demonstrate excellent analytical and communication skills. This role offers an opportunity to engage with both internal and external stakeholders, ensuring quality service delivery in financial operations.

Qualifications

• 2-3 years retirement fund accounting experience required.
• Advanced proficiency in MS Excel non-negotiable.
• Good verbal and written communication skills essential.

Responsibilities

• Maintain a portfolio of funds producing Asset & Liability Matching.
• Ensure compliance with policies to eliminate risks to the fund.
• Accountable for maintaining the quality and timeous delivery of fund reports.

Skills

Analytical thinking

Detailed Orientation

Excellent Problem Solver

Strong Knowledge of Customer care

Communication skills

Education

Matric

Higher certificate/Diploma in Accounting

Tools

Microsoft Office Suite

Advanced Excel

Job description

Designation: PP3928 - Fund Accountant

Category: Ops & Admin - OF6310

Posted by: Alexander Forbes

Posted on: 27 Jun 2025

Closing date: 07 Jul 2025

Location: Sandton

Purpose Of The Job

To maintain a portfolio of funds by producing Asset & Liability Matching as well as other risk mitigating functions and reporting.

Overview

Education:

• Matric – Essential
• Higher certificate/Diploma : Accounting – Recommended
  
  

Experience

• 2 - 3 years retirement fund accounting experience - Essential.
• Computer literate in MS Office Suite (Advanced MS Excel requirement) Non-Negotiable.
• Good verbal and written communication skills.
• Proficiency in excel (v-lookups, x-lookups, (macros) (advantageous).
  
  

Competencies

• Computer literacy
• Excellent working knowledge of Microsoft packages, In-Depth knowledge of Excel, (Macros advantageous).
  
  

Core Competencies

• Analytical thinking
• Detailed Orientated
• Strong Knowledge of Customer care, processes and techniques.
• Excellent Problem Solver
• High attention to detail and accuracy
• Excellent customer service
• Excellent communication – verbal and written
• Strong analytical ability and logical thinking style
• High sense of accountability
• Team player
• Goes the extra mile
• Flexible and adaptable to change.
  
  

Business Skills

• The ability to carry out a business task effectively with determined performance and results within a given time.
• Planning time to achieve goals.
• Strong Retirement Fund industry knowledge.
• Strong knowledge of the Pension Funds Act.
• Relationship building skills.
• Strong oral & written communication skills.
• Strong accounting knowledge
• Ability to multi-task.
• Ability to anticipate and manage change.
• Ability to work under pressure.
• Innovative thinking and delivery.
• Problem solving/investigative mindset for historical queries
  
  

Functional Skills

• The ability to work co-operatively in a group, to be a member of a team and work towards the purpose of a common goal.
• To have the energy and drive required to meet the challenges of work.
• The willingness and ability to follow prescribed rules, procedures and instructions within a defined framework
• The ability to align your behavior with the needs, priorities and goals through commitment and determination
• The ability to accept change and adapt one’s approach to maintain efficiency within a variety of circumstances, and with individuals and groups within the organization, processes, protocols, requirements, or cultures.
• The ability to express oneself clearly in written communication in order that the content is understood by the receiver.
• A professional and friendly manner and the ability to deal with all levels in the organization
• The ability to handle stress and problems without loss of focus, enthusiasm and professional composure.
• Ability to interact with clients.
  
  

Key Performance Areas

• Quality and timeous output of deliverables.
• Complies to procedures, processes, policies to eliminate possible risk to the fund and Alexander Forbes.
• Accountable for maintaining portfolio of funds as per entire Alexander Forbes’ processes and procedures.
  
  

Stakeholder And Client Relationship

• Effective communication with 3rd Parties in order to resolve issues; ensure effective integration between admin and accounts system.
• Effective communication with external clients to ensure the adherence to (treating customers fairly).
• Establish strong, trust-based relationships with internal clients, external clients and other teams within AF Administration Services.
• Effective communication with all relevant parties within Alexander Forbes to achieve the goals and targets.
• Working collaboratively with other departments to coordinate client interactions and resolutions to their needs.
• Client satisfaction with all presentations of cash flows at trustee meetings is obtained.
• Communicate effectively with our clients to resolve issues without escalations and ensure client expectations are met.
• Ensuring that the Treating Customers Fairly “TCF” values are top of mind in all dealings with internal and external clients.
• Developing and enhancing own skill levels.
  
  

Knowledge And Skills

• Performs duties within own area with direction from Specialist/Line Manager.
• Computer literate (outlook, excel (advanced level), word (basic), PowerPoint (intermediate level), Microsoft teams (intermediate level).
• Excellent oral & written communication skills.
• Ability to multi-task under high pressure.
• Ability to understand the applicable legislation relevant to function.
• Knowledge of retirement funds.
• Demonstrate a track record of building internal and external relationships.
• Innovative thinking and delivery.
  
  

Tcf

• Fulfills his/her duties in such a manner that the relevant TCF outcomes are delivered.
• Constructively speaks up about any TCF shortcoming in any part of the business.
• Quickly owns up to any mistakes or oversights he/she may be party to that may have negative TCF consequences (such behavior is never punished
  
  

Operational Effectiveness

• Responsible for uploading all rate changes onto SharePoint and Khanya.
• Ensure rate change documentation is completed correctly and timeously according to procedure prior to updating SharePoint and Khanya.
• Reconciliation and completion of bank reconciliations per procedure.
• Monitoring of unallocated accounts (Risk UA’s) and corrective action taken.
• Producing of quality management committee reports (cash flows) per procedure.
• Accurate and timeous reconciliation and payment of administration and re-insurance premiums per participating employer monthly.
• Ensure that all risk recons are always maintained and kept up to date.
• Ensure risk recons are sent through to all reinsurers once payment has been made.
• Requesting adhoc payments timeously according to procedure.
• Requesting adhoc switches timeously according to procedure.
• Assisting others in the team when the need arises.