Job Description

Closing Date 2025/06/18
Reference Number MMH231114-5
Job Title Fund & Investment Accountant
Position Type Permanent
Role Family Finance
Cluster Momentum Corporate
Remote Opportunity Some of the time
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Sandton
Introduction
Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations. We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Metropolitan provides practical financial solutions for people, communities and businesses. Visit us at
www.momentummetropolitan.co.za
Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.
Role Purpose
You will be responsible for Fund accounting and Investment accounting and financial reporting activities to support the growth and development of the Momentum Retirement Administrators (MRA) business.
Requirements

• Bachelor of Commerce (Accounting as Major)
• 5 - 7 Years' experience in a financial or employee benefit environment
• 5+ Years' Fund AND Investment Accounting experience

Duties & Responsibilities

• Maintain the general ledgers.
• Reconcile two tier balance sheet items.
• Independently prepare monthly management accounts and annual financial statements.
• Independently prepare monthly statements of cash flows within agreed timelines.
• Independently prepare audit files for annual audits and statutory valuations.
• Independently prepare and confirm monthly financial reports.
• Ensure that all statutory information for the fund is available at all times.
• Respond to audit requirements and queries and ensure audit and valuation recommendations are implemented.
• Prepare monthly general ledger reconciliations for the fund.
• Reconcile investment trial balances on a monthly basis.
• Review and analyse money movement on a daily basis.
• Perform bank reconciliations.
• Prepare and submit monthly PAYE returns to SARS.
• Process journals on the general ledger system within the agreed time.
• Comply with the rules of the Pension Fund, the Pension Fund Act and all requirements of the FSCA.
• Prepare asset and liability matching on a monthly basis.
• Prepare and submit annual financial statements of pension fund.
• Monthly reconciliantion of investments between asset managers and accounting system.
• Prepare and submit the quarterly SARB reports to the SARB.
• Prepare and submit the quarterly C48 reports to the FSCA.
• Prepare and submit the quarterly B16 report.
• Prepare and submit the quarterly Regulation 28 reports to the FSCA.
• Prepare and incorporate the schedule IA and IB for the annual financial statements.

Competencies

• Accountability.
• Accuracy.
• Attention to detail.
• Analytical thinking.
• Teamwork.
• Communicating with impact.

Policy
We are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.