Specialist Fund Accountant (12 Months)

Sanlam; Johannesburg; On-site; ZAR 500,000 - 700,000; Full time

Job summary

Sanlam is seeking a retirement fund accountant to manage fund accounts, ensure compliance, and drive efficiency in processes. Candidates should possess a Finance/Accounting degree and at least 5 years of experience in fund accounting and management. The role includes supervising training, resolving issues, and maintaining high-quality service levels for clients.

Qualifications

• 5-6 years’ retirement fund accounting experience.
• Minimum 5 years’ management experience.
• Proficiency in MS Excel.

Responsibilities

• Manage fund/product bank accounts.
• Ensure quality output and deadlines are met.
• Authorize and sign disinvestment instructions.

Skills

Client Focus

Collaboration

Attention to Detail

Problem-solving

Effective Communication

Education

Finance/Accounting Degree/Diploma (NQF 6)

Matric

Tools

MS Office

Accounting packages (Compass/Khanya)

Job description

Who are we?

Glacier by Sanlam brings together leading experts and respected financial services companies to meet clients’ investment needs. We deliver focused investment services through specialist teams, partner with acclaimed financial intermediaries, and pride ourselves on our superior products, solutions, and high-quality service. We offer a comprehensive range of investment solutions, designed to assist in the creation and preservation of wealth. Our offerings include local investments, such as fixed-term investments and investments with guarantees, international investments, retirement savings, and retirement income solutions. Each solution has its own purpose but shares the commitment to quality that distinguishes Glacier.

What will you do?

Key Outcomes

• Maintain controls to mitigate risks.
• Manage fund/product bank accounts, including handling insufficient funds.
• Ensure quality output, efficiency, and deadlines are met.
• Review SARB reporting for allocated funds within 2 months.
• Complete and sign off bank reconciliations as per procedure.
• Resolve queries to FSCA within 30 days.
• Check and authorize reconciliations and payment of administration fees.
• Verify asset/liability reconciliations and client reports.
• Ensure no PI claims are lodged.
• Authorize adhoc payments within 2 working days.
• Check and submit cash analyses as required.
• Review monthly policy fund consolidations within 15 days post-quarter.
• Monitor daily investment/disinvestment instructions.
• Drive strategic projects to improve business efficiency.
• Maintain controls to ensure 100% internal audit compliance.
• Authorize and sign disinvestment instructions.
• Update SharePoint for management and business.
• Manage staff training and development.
• Reconcile trial balances and financial statements.
• Conduct bi-annual appraisals.
• Build strong relationships with clients and supply chain.
• Communicate effectively to resolve issues and meet SLAs.
• Manage client expectations and mitigate risks.

Qualifications and Experience

• Matric
• Finance/Accounting Degree/Diploma (NQF 6) or related
• 5-6 years’ retirement fund accounting experience
• Minimum 5 years’ management experience
• Experience with accounting packages (Compass/Khanya advantageous)
• Proficiency in MS Office, especially Excel
• Financial statement experience (advantageous)

Competencies

• Client Focus
• Innovation
• Collaboration
• Results Driven
• Resilience
• Attention to Detail
• Problem-solving
• Order and Accuracy
• Independence
• Effective Communication

Attributes

• Positive attitude
• Teamwork
• Ability to work under pressure
• Integrity and Respect
• Self-confidence

What will make you successful in this role?

• Grade 12 with 3-5 years’ related experience.
• Knowledge of financial transactions, reconciliations, and compliance.
• Ability to manage conflicts, demonstrate self-awareness, optimize processes, and be action-oriented.

Build a successful career with us

We are committed to building strong relationships with our employees, supporting your career and personal development. Our group offers many opportunities for growth across various business clusters including Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, MiWay, and the Group Office.

Core Competencies

• Innovation
• Customer Focus
• Results Orientation
• Collaboration
• Resilience

Turnaround time

The shortlisting process begins once the application deadline is reached. The duration depends on your progress and the availability of managers.

Our commitment to transformation

The Sanlam Group is dedicated to transformation and diversity. We aim for an inclusive, equitable workplace, considering our Employment Equity plan and targets during the selection process.