Employee Benefits Investment Fund Accountant

ROLE DESCRIPTION:

Sygnia is the fastest-growing multi-management company in South Africa. Join this dynamic company by becoming a part of their Employee Benefits Administration team as an Employee Benefits Investment Fund Accountant.

DUTIES AND DAILY RESPONSIBILITIES:

• Send the daily instructions to Platinum (automated) and manual instructions to the Institutional team/external managers.
• Ensure that transaction prices are received within a day and follow up and/or escalate where prices are not received within a day.
• Monitor that the correct amount is received and linked.
• Upload and/or approve the daily market transactions.
• Assist with internal reporting requests.
• Follow up the daily unallocated items relating to investments and ensure these are linked within 5 business days.
• Prepare Asset Liability Matching (ALM) reconciliations monthly and assist the team in ensuring that ALM reconciling items are resolved promptly and appropriately, preferably by the next month end.
• Ensure that the monthly transaction statements are received within 5 business days after month end and follow up and/or escalate where these are not received within 5 business days.
• Assist the fund accountants with audit preparations and working papers as requested by the fund accountants.
• Record all incidents promptly on the Incident Report
• Correct incidents promptly after obtaining approval for market corrections (where these are required).
• Ensure that all actions agreed upon, for the mitigation of further errors of that nature, have been put in place.
• On an ongoing basis, assess the processes and controls for appropriateness and efficiency.
• Identify improvements to reports/batches and escalate these to the fund accounting manager for escalation to EBTech.
• Manage the EB Investments mailbox to ensure that tasks are addressed within the required timelines and queries are responded to within 2 business days.
• Assist with other tasks pertaining to the investments team when instructed to assist by the Investments Team Leader.
• Request training/assistance promptly where a task is unfamiliar/where uncertain about to how to proceed.

ROLE QUALIFICATIONS AND EXPERIENCE:

• Diploma/Degree Advantageous
• Minimum of 3 years’ experience in Employee Benefits
• Previous experience with umbrella fund administration and/or standalone retirement fund administration
• Working knowledge and experience of Everest (administration system) advantageous

COMPETENCIES REQUIRED:

• Strong attention to detail
• High level of numeracy and accuracy
• Good analytical/ problem-solving skills
• Good inter-personal skills
• Good communication skills, both written and verbal
• Proactive individual, who is willing take responsibility and accountability for allocated tasks
• Excellent organisational skills
• Ability to multi-task
• Ability to work under pressure
• Solid knowledge of the retirement fund industry and legislation

Should you not hear from us within 14 days after submitting your application, please accept your application as unsuccessful.

Disclaimer: Please be advised that your personal information shared on your CV will only be used as part of the Sygnia recruitment process for the role applied for. It will not be shared with any third parties for any other reason.