Junior Fund Accountant: Reconciliation & Insights

SET Recruitment Consultants; Gauteng; On-site; ZAR 420,000 - 720,000; Full time

Job summary

SET Recruitment Consultants is seeking a meticulous fund accounting specialist in Gauteng to ensure accuracy and integrity in fund-related transactions and reconciliations. The role focuses on reconciling between operations and financial systems and preparing month-end journals in line with accounting standards.

You will analyse fund transactions, identify discrepancies, and provide actionable insights while collaborating with BI, Policy Admin, Creditors and Debtors teams.

Qualifications

• Bachelor’s degree in accounting and 3–5 years of work experience.
• Ability to work with big data in a high-pressure and performance environment.
• Strong analytical and diagnostics skills to draw insights.
• Well-developed numerical reasoning and interpretation skills.
• Attention to detail and accuracy.
• Inquisitive mind and deadline driven with urgency.
• Ability to multi-task and adapt to change.
• Team player with the ability to build and maintain stakeholder relationships.
• Proactive and takes accountability for responsibilities.
• Agile and resilient; ethical, honest and autonomous.
• Proficiency in MS Office with Advanced Excel; tech-savvy and quick to pick up systems.

Responsibilities

• Completion of reconciliations between the operations system and financial system.
• Preparation of month end journals to reflect accurate accounting for revenue recognition, expense accruals and fund provisions based on business requirements and accounting standards.
• Analyse fund related transactions, identify discrepancies and provide actionable insights.
• Preparation of month end journals for funds transactions.
• Complete reconciliations of funds between the operations system and financial system within strict deadlines and rectify errors identified.
• Identify, analyse and correct both system-related and human errors found between the operations and financial system.
• Calculating monthly profit and loss on terminated plans.
• Collaborate and follow up on any matters arising from Business Intelligence, Policy Admin, Creditors and Debtors departments and action accordingly.
• Scrutinise and maintain data integrity by checking for errors and validity of the data.
• Work with actuarial team to ensure that actuarial reports agree to financial reports.
• Preparation of JV calculations and management accounts and ensuring pay-outs are made as per agreement.
• Ability to interpret and explain trends, discrepancies and inconsistencies.
• Analysis of funds for trends, anomalies, etc.

Skills

Big data

Analytical skills

Numerical reasoning

Attention to detail

Deadline driven

Multi-tasking

Team player

Proactive

Adaptability

Agile

Ethical

Education

Bachelor’s degree in accounting

Tools

Advanced Excel

MS Office

Job description

SET Recruitment Consultants is seeking a meticulous fund accounting specialist in Gauteng to ensure accuracy and integrity in fund-related transactions and reconciliations. The role focuses on reconciling between operations and financial systems and preparing month-end journals in line with accounting standards.

You will analyse fund transactions, identify discrepancies, and provide actionable insights while collaborating with BI, Policy Admin, Creditors and Debtors teams.