Financial Manager: Investment Accounting - Sandton at Momentum Metropolitan Holdings Limited

Role Purpose    

• Drive the implementation of client value proposition strategies and manage the operational implementation of client engagement solutions to support the delivery of excellent client experience and the achievement of business objectives in the Momentum Corporate.

Requirements    

• Relevant B Degree (or recognition of prior learning that equates to an NQF Level 7)
• CA (SA) qualification will be preferable
• 8 - 10 years' experience in a Financial Services industry
• Related experience in fund accounting and investment administration procedures 
• 5-7 years’ experience in the management of people
• Minimum 5 years’ experience in an end to end investment reporting function
• Technical knowledge of industry standards and practices as per ASISA,  Multi-manager unitisation, IFRS Investment disclosure and Asset based taxes 
• Working knowledge of different legislation applicable to investment assets of Long term insurers.

ATTRIBUTES

• Sense of urgency.
• Analytical thinking.
• Commercial thinking and business accumen.
• Presentation and facilitation skills.
• Influencing. 
• Planning and Organising. 
• Interpersonal Relationship.

Duties & Responsibilities    
INTERNAL PROCESSES

• Investment Asset Reporting solutions (process, people and system) compliant with Industry Best Practices and IFRS Disclosure for Momentum Corporate.
• Investment Asset Reporting solutions (process, people and system) compliant with SARB and FSB requirements for Momentum Corporate.
• Investment Asset Reporting solutions (process, people and system) compliant with new SAM and FSB Stress Testing requirements.
• Investments Asset Reporting process (process, people and system) compliant with MM JDE General Ledger requirements.
• Investment Asset Based Taxes (CGT, s24j, DWT)
• Life Pooled Fund administration in accordance with Client expectation, Industry Best Practice and TCF principles.
• Capital Gains Tax and section 24(j) in accordance with 8th Schedule of the Income Tax Act.
• Any bespoke reporting requirements of MMI Group pertaining to technical disclosures around investment assets.
• Operational daily processes with Maitland Investment Administrators.
• Ensure appropriate Service Level agreements and License contracts negotiated and reviewed for the following:
• Interlink Unitisation System from Microgen
• Stadium Reporting Tool from Digiata
• Outsourcing services from CulminIT
• CGT Express system from 
• FSB and SARB Reporting Tool from Moonfire
• Internal OLAs with all segments 
• Internal OLAs with Groupwide Functions
• External Asset Managers
• Provide strategic guidance and input to Industry wide matters via ASISA Technical valuation committees and ASISA Reporting Committee.
• Manage strategic initiatives with the aim of optimising existing processes,  alignment to industry standard, risk mitigating controls cost saving measures and  enabling Momentum Corporate strategic initiatives
• Ensure proper documented compliant processes and procedures including Technical guidance notes and policy documents. deliverables with external Auditors as well as any internal governance functions.

CLIENT SERVICES

• Continuously monitor turnaround times and quality standards and resolve issues speedily to enhance client service delivery.
• Drive client service delivery goal achievement in line with predefined standards in order to ensure that clients receive appropriate advice and after sales service.
• Manage client query processes and ensure that queries are tracked, accurately resolved and used as a mechanism to improve client service and business processes.
• Provide regular reports on delivery of services against agreed service level agreements and in terms of overall client targets.
• Provide authoritative, expertise and advice to clients and stakeholders.

PEOPLE 

• Create a positive work climate and culture.
• Demonstrate exemplary leadership behaviour, through personal involvement, commitment and dedication in support of organisational values.
• Create opportunities for growth and development, help employees expand their knowledge, skills and abilities for next roles and talent retention, Select and recruit suitably qualified talent in line with Employment Equity principles and MMI values.
• Advise on and support all people practices (e.g. Workforce Planning, Talent Acquisition and Management, Performance excellence, Reward and talent retention etc) to ensure continuous improvement and drive strategy execution.
• Enable a learning and growth culture whereby information regarding successes, issues, trends and ideas are actively shared between team members.
• Execute effective workforce planning practices to ensure that staffing requirements are accurately forecasted.
• Identify employee growth and development needs and schedule interventions to enable ongoing development, training and personal growth.
• Effectively manage performance within the team in order to ensure business objectives are achieved.
• Encourage innovation, change agility and collaboration within the team.
• Support the building of the team’s capability in order to ensure that the team is equipped to strategically partner with business and provide leading solutions.

FINANCE 

• Develop and monitor the regional budget.
• Implement sound financial controls and monitor and manage expenditure relative to budget.
• responsibility for the unlocking of operational efficiencies.
• Driving results and profitability.
• Manage high risk and problematic financial issues in area of accountability and contribute to the development of policy.
• Implement and provide feedback on the effectiveness of financial policy, practice and procedures : preventing illegal, unethical and improper conduct.
• Implement risk management, governance and compliance policies in own practice area.
• Manage governance and risk exposure liability.

Competencies    

• Business Acumen
• Client Commitment
• Drive for Results
• Leads Change and Innovation
• Collaboration
• Impact and Influence
• Self-awareness and Insight
• Diversity and Inclusiveness