Job Description

Closing Date 2023/08/21
Reference Number MMH230807-1
Referral Platform URL
Job Title Investment Accountant
Position Type Permanent
Role Family Finance
Cluster Guardrisk
Remote Opportunity Some of the time
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Sandton
Introduction

Accurately control and process financial information for an investment portfolio. Prepare financial reports and analysis to enable business processes.
Role Purpose

Accurately control and process financial information for an investment portfolio. Prepare financial reports and analysis to enable business processes.
Requirements

• Degree in Financial Management or Accounting

• Honours Degree in Financial Management or Accounting or Investments (preferred)

• Completed accounting articles (preferred)

• At least 3 yearsxe2x80x99 experience in investment accounting

Duties & Responsibilities

• Management of the Investment Accounting function for the Guardrisk Insurance Company Limited, Guardrisk Life Limited and Guardrisk Microinsurance Limited investment portfolios, including Unitised and dedicated investments for cell captive & contingency policy clients

• Accurately, efficiently and timely capturing and reporting of investment related transactions of all investment portfolios

• Review and /or prepare investment related payment documents and obtain the necessary source documentation and authorisation to effect payments timely and with the determined service level agreement levels

• Review and approve the general ledger journal allocations based on levels of authority and policy

• Review all documentation to ensure that the correct level of authority has authorised the document and raise any exceptions with the relevant stakeholder

• Preparation of investment and disinvestment instructions authorised according to the sub delegation of authority,

• Completion of asset manager FICA documentation and safekeeping of confidential information

• Prepare and review investment transactions and reporting of each investment portfolio

• Compile and prepare monthly, quarterly and year end investment and interest reconciliations including completion of the monthly cashbook reconciliations

• Compile quarterly asset allocation report for submission to the Reserve Bank and asset spreading recons to be used by the balance sheet management department

• Completion of the new instrument data reconciliations to be included in the Group sector tree instrument allocation report

• Identify and report respective investment accounting or reporting issues

• Investigate and resolve any outstanding queries in relation to investment accounting issues

• Portfolio support and management/servicing by working closely with the portfolio accountants, portfolio manager and other colleagues

• Identify and resolve problem sources or escalate to relevant level of authority

• Special Projects relating to Investments assigned within the group

• Meeting company, investment and client accounting, payment and reporting deadlines

• Contribute to the enhancement of the investment systems and processes issues in order to enhance financial management

• Continuously develop own expertise in terms of professional, industry and legislation knowledge

• Contribute to continuous innovation through the development, sharing and implementation of new ideas

• Identify and reconcile discrepancies and problems

• Build and maintain relationships with asset managers, clients as well as internal and external stakeholders

• Participate and contribute to a culture which build rewarding relationships, facilitates feedback and provides exceptional client service within the organisation

• Prepare and provide necessary documentation to complete timely audit both for client and Guardrisk

• Provide authoritative, expertise and advice to clients and stakeholders including asset managers

• Build and maintain relationships with asset managers, clients and internal and external stakeholders

• Deliver on service level agreements made with internal and external asset managers, stakeholders and clients

• Make recommendations to improvement client service within area of responsibility

• Develop and maintain productive and collaborative working relationships with peers and stakeholders

• Positively influence and participate in change initiatives

• Continuously develop own expertise in terms of professional, industry and legislation knowledge

• Contribute to continuous innovation through the development, sharing and implementation of new ideas

• Take ownership for driving career development

• Contribute to the budgeting process and provide the relevant reports and analysis to support the process

• Manage high risk and problematic financial issues in area of accountability and contribute to the development of policy

• Identify solutions to enhance cost effectiveness and increase operational efficiency

• Implement and manage financial risk methodologies, techniques and systems and use to monitor and report on financial activities

• Implement and provide feedback on the effectiveness of financial policy, practice and procedures preventing illegal, unethical or improper conduct

• Investigate reported wilful acts of non-compliance to organisation policy and practice and report on findings

Competencies

• Business acumen

• Analytical

• Collaborative

• Innovative

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.

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