Specialist: Fund Accounting GPAF (6 Months Contract) at Sanlam Group

What will you do?

• This role is responsible to manage all production and operational daily activities, processes, systems thereby ensuring smooth running of the allocated business operations. Responsible to lead, train and manage the team in the execution of their duties and ensure that a high-performance culture is encouraged while they demonstrate Leadership Values.

Key outcomes

The following outcomes will be expected to be achieved by Specialist (Fund Accounting):

• Accountable for maintaining controls in place to mitigate risks.
• Managing the fund/product bank accounts which includes but is not limited to management of insufficient funds.
• Ensure quality output, maximising efficiencies, and adherence to deadlines are consistently met within the branch.
• Reviewing of SARB reporting of all allocated Funds submitted within 2 months to the reserve bank.
• Responsible for ensuring that bank reconciliations are completed and signed off as per procedure.
• Resolving queries to FSCA within 30 days of receipt.
• Responsible for checking and authorising reconciliations and payment of administration fees in accordance per set procedures.
• Responsible for checking Asset/liability reconciliations and associated reports presented to clients.
• Ensuring that no PI claims are lodged.
• Checking and authorising of adhoc-payments to be approved within 2 working days of receipt of request.
• Ensure cash analysis are checked and submitted as required.
• Checking of monthly consolidation for policy funds and submission within the 15 days following quarter end.
• Daily monitoring of daily investment / disinvestment instructions to investment managers.
• To drive strategic business project within the areas to improve on business efficiencies.
• Maintenance of controls to ensure 100% compliance rating on internal audit findings.
• Authorising and signing of disinvestment instructions within the branch and business.
• Sharepoint to be updated for management and business.
• Managing and controlling of staff training and development.
• Checking of trial balances reconciliations and financial statements.
• Conduct appraisals bi-annually in accordance with company policy.
• Establish strong, trust based relationships with internal clients, external clients and the required supply chain.
• Communicates effectively with clients to resolve issues without escalations and ensure client expectations are met per the set SLA.
• Manage and maintain excellent business relations with new clients.
• Effectively managing client’s expectations and alleviate risks while embodying the culture.

Qualifications and experience  

• Matric
• Finance/Accounting Degree/ Diploma (NQF 6) or related
• 5 to 6 years’ retirement fund accounting experience
• Minimum 5 years’ management experience
• Any industry related accounting package (Compass/ Khanya advantageous or any)
• Computer literacy in MS Office suite essential (MS Excel advanced level a must)
• Financial statement experience (Advantageous)

Competencies

• Client Focus
• Cultivates Innovation
• Collaborates
• Drives Results 
• Being Resilient
• Attention to detail 
• Problem-solving and analytical skills 
• Ability to function independently
• Communication Skills 

Attributes

• Positive, enthusiastic attitude
• Teamwork
• Ability to work under pressure
• Honesty, integrity and respect
• Self-starter and self confidence