Senior Manager Fund Accounting

Salt Employee Benefits; Johannesburg; On-site; ZAR 400 000 - 500 000; Full time

Job summary

An established industry player is seeking a Senior Fund Accounting Manager to oversee the Fund Accounting unit. This pivotal role involves managing compliance, enhancing operational processes, and fostering strong relationships with stakeholders. The ideal candidate will have a robust background in financial management and a passion for developing high-performing teams. This position offers an opportunity to make a significant impact on the organization's strategic vision while ensuring the financial integrity of the funds. If you are a dynamic leader ready to drive change and innovation, this role is perfect for you.

Qualifications

• Strong background in financial management and compliance.
• Experience in stakeholder relationship management and team development.

Responsibilities

• Supervise the Fund Accounting unit and ensure compliance with regulations.
• Develop and implement processes to enhance operational efficiency.
• Build relationships with clients and service providers.

Skills

Financial Management

Cost Analysis

Stakeholder Relationship Management

Compliance Monitoring

Process Automation

Team Development

Education

Bachelor's Degree in Finance or Accounting

Professional Accounting Qualification

Tools

Financial Reporting Software

Audit Management Tools

Job description

Purpose of role : The Senior Fund Accounting Manager supervises the Fund Accounting unit.

The Senior Fund Accounting Manager reports to the COO and assists on all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs, etc.

Main Responsibilities

1. Operational
   • Assist in performing all tasks necessary to achieve the organisation's mission.
   • Work with the Executive Team on the strategic vision including fostering and cultivating stakeholder relationships.
   • Assist in the development and negotiation of contracts.
   • Enhance and automate processes through utilisation of technology.
   • Ensure adequate controls are installed and that substantiating documentation is approved and available such that it may pass independent audits.
   • Work with the COO / Deputy COO to ensure programmatic success through cost analysis support and compliance with all contractual and programmatic requirements.
2. Compliance
   • Interpret legislative and programmatic rules and regulations to ensure compliance with all statutory requirements.
   • Ensure that all statutory regulations and requirements are disseminated to appropriate personnel.
   • Monitor compliance.
   • Develop and maintain systems of internal controls to safeguard financial assets of the funds.
   • Oversee programs, the coordination and activities of independent auditors ensuring all audit issues are resolved.
   • Oversee the production of monthly reports for use by the Executive Team, as well as the Board of Directors.
   • Manage existing system controls and introduce new enhancements to streamline workflow and mitigate risk factors.
   • Prepare and maintain standard operating procedures throughout the Fund Accounting department.
3. People
   • Train the Fund Accounting department and other staff on raising awareness and knowledge of financial management matters.
   • Develop and implement staff succession and growth plans.
   • Implement the culture transformation programme that will enable the delivery of Salt's strategic intent and identified ideal behaviours.
   • Develop a high performing team by embedding formal performance development and informal coaching.
4. Reporting
   • Prepare, analyse and present ad hoc reports as and when requested.
   • Prepare, analyse and present an accurate report for Trustees meetings.
5. Query Resolution
   • Attend to queries or inquiries by members within the required timelines.
   • Provide assistance to Employers or service providers where necessary.
6. Relationship Management
   • Build and maintain positive relationships with all clients and service providers.
   • Ensure that all communication sent internally and externally is dealt with professionally.
7. Time Management
   • Devote the whole of your time, attention and abilities during working hours to the discharge of your duties.
   • Meet production standards in terms of quantity and quality.
   • Manage work outflow timeously.