Fund Accountant Mmh251113-5

51736F19-04F8-4368-9978-2Abfd5Dcc5A6; Gauteng; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A financial services provider in South Africa seeks a candidate for a role focused on accounting and financial reporting. The ideal candidate will have a Bachelor of Commerce with 5-7 years of experience in fund accounting and a strong understanding of financial reporting. Key responsibilities include maintaining ledgers, preparing financial statements, and ensuring compliance with statutory requirements.

Qualifications

• 5-7 years of experience in a financial or employee benefit environment.
• 5 years of Fund Accounting experience.

Responsibilities

• Maintain the general ledgers.
• Reconcile two-tier balance sheet items.
• Independently prepare monthly management accounts and annual financial statements.
• Independently prepare monthly statements of cashflows.
• Prepare audit files for annual audits and statutory valuations.

Skills

Fund Accounting

Financial Reporting

General Ledger Maintenance

Reconciliation Skills

Audit Management

Education

Bachelor of Commerce (Accounting as Major)

Job description

Role Purpose

You will be responsible for accounting and financial reporting activities to support the growth and development of the Momentum Retirement Administrators (MRA) business.

Requirements

• Experience and Qualifications: Bachelor of Commerce (Accounting as Major). 5-7 years of experience in a financial or employee benefit environment.
• 5 years of Fund Accounting experience.

Duties and Responsibilities

• Maintain the general ledgers.
• Reconcile two-tier balance sheet items.
• Independently prepare monthly management accounts and annual financial statements.
• Independently prepare monthly statements of cashflows within agreed timelines.
• Independently prepare audit files for annual audits and statutory valuations.
• Independently prepare and confirm monthly financial reports.
• Ensure that all statutory information for the fund is available at all times.
• Respond to audit requirements and queries and ensure audit and valuation recommendations are implemented.
• Prepare monthly general ledger reconciliations for the fund.
• Reconcile investment trial balances on a monthly basis.
• Review and analyse money movement on a daily basis.
• Perform bank reconciliations.
• Prepare and submit monthly PAYE returns to SARS.
• Process journals on the general ledger system within the agreed time.
• Play with the rules of the Pension Fund, the Pension Fund Act and all requirements of the FSCA.
• Prepare asset and liability matching on a monthly basis.
• Prepare and submit annual financial statements of pension fund.