Investment & Treasury Accountant

Rand Mutual Assurance; Pretoria; Hybrid; ZAR 600,000 - 800,000; Full time

Job summary

A financial services company in Gauteng is looking for an Investment & Treasury Accountant. This role involves managing financial accounting for investments, ensuring IFRS compliance, and the preparation of financial accounts. Ideal candidates will have a strong background in financial management, at least 4 years of relevant experience, and a relevant Honors degree. The position offers a competitive salary and flexible working arrangements.

Benefits

Competitive salary package

Various benefits

Flexible work arrangements

Qualifications

• Minimum of 4 years in an accounting role focusing on investments & treasury.
• Knowledge of investment management, cash & bank, liquidity & solvency policies.
• Background knowledge of the financial sector and life insurance industry.

Responsibilities

• Ensure all financial information is reported in accordance with IFRS and Group requirements.
• Prepare Investment financial accounts to support financial decision-making.
• Review all systems procedures and controls for necessary improvements.

Skills

IFRS Compliance

Investment Analysis & Reporting

Process Automation

Governance and Controls

Treasury & Balance Sheet Management

Business Partnering

IT skills

Education

NQF Level 8: Honors degree in Financial Management, Investment, or Accounting

CIMA, CA or CFA preferable

Job description

Overview

THE JOB AT A GLANCE

Reporting to the Head of Financial & Regulatory Reporting, the Investment & Treasury Accountant will be responsible for the financial accounting function for RMA group relating to Investments & Treasury.

What will you do?

• IFRS Compliance
• Ensure that all financial information is reported in accordance with IFRS / Insurance Act and General Accepted Accounted Practices.
• Ensure that investment Income, Expenses, Assets and Liabilities are reported in terms of IFRS.
• Ensure management accounts are prepared in accordance with IFRS and Group requirements.
• Investment Analysis & Reporting
• Responsible for the accounting function for the investments.
• Prepare Investment financial accounts for EXCO so as to support the financial decision-making process.
• Make necessary improvements on all Reporting ensuring EXCO / Board Sub-Committees are fully informed.
• Assist with the preparation of budgets.
• Assist with the review of invoices.
• Responsible for the analysis of investment returns.
• Assist with fund allocation splits for tax.
• Cashflow preparation & analysis.
• Process Automation and Data Integrity
• Continuously develop and streamline process automation within the finance operational areas.
• Review all systems procedures and controls and make necessary improvements where appropriate.
• Ensure data integrity of information within financial reporting systems.
• Governance and Controls
• Establish and continuously maintain accounting policies and procedures.
• Ensure all internal controls for Financial systems and reporting is adequate.
• Formulate and maintain group accounting and financial practices and ensure compliance of all subsidiaries in this regard.
• Responsible for the controls and documentation relating to income and expenditure.
• Ensure continuous governance and controls in relation to financial information.
• Ensure financial reporting system control and integration with existing and developmental platforms.
• Treasury & Balance Sheet Management
• Reconciliation of Investment balances.
• Management of solvency & liquidity.
• Management of funding & investments in line with Strategic Asset Allocation.
• Preparation of investment & disinvestment documentation.
• Business Partnering
• Strategically partner with compliance, regulatory reporting & actuarial department.
• Support dividend payment process.
• Support & liaise with Investment Executive to execute strategic objectives.
• Assist with cash functions to support business
• Prepare investment reports to be integrated into the overall financial reporting framework.

What you'll bring to the table?

• Minimum of 4 years in a accounting role focusing on investments & treasury.
• 4. NQF Level 8 : Honors degree in Financial management, Investment or Accounting. CIMA, CA or CFA preferable.
• Knowledge of investment management, cash & bank, liquidity & solvency business policies & general accounting standards.
• Background knowledge of financial sector and life insurance industry.
• Above average IT skills.
• Knowledge of investment, bond & capital markets.

What will you get in return?

We offer great opportunities for personal and professional development in a stable company that’s 131 years strong. The role comes with a competitive salary package and various benefits. Flexible work arrangements (combination of remote and in the office). Furthermore, you will be a part of a dedicated group of colleagues who value teamwork and collaboration.

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. Kindly note that should you not receive a response within 21 days please consider your application unsuccessful.