Job Description

Job Advert Summary

The Manager: Group Finance is responsible for to oversee the General Ledger entries and reporting of Investment financial information for PPS Group. Provide financial reports and interpreting financial information in order to providing management and PPS Board with accurate information and value added commentary for month end and year end reporting Reviewing and Ensuring of

• Journals to ensure PPS records are updated with Asset managers records
• Accurate allocation of transactions within mandate and rules
• Compliance with mandates and compliance letters
• General Ledger records are accurate and are a true reflection of the investment accounting
• Investment Income is accounted for and are accurate in the General ledger
• Monthly reconciliations of Investment reports to General Ledger
• Capital Gains Tax schedules and completeness and accuracy of reports
• Monthly members choice workings and rebalance of investment portfolios
• Rework of Profit and loss quarterly for Financial Year end reporting
• Monthly Investment Fees are recorded and Management Fees for consolidation is prepared
• Unit Trust consolidation entries
• Monthly Dividend tax calculations
• Provide management and PPS Board with accurate information and value added commentary for month end and year end reporting

Minimum Requirements

Education:

• BCom (Honors) with relevant experience.

Experience

• 5 years working experience
• Experience in the financial industry

Knowledge and Skills:

• Knowledge of the insurance industry an advantage
• Knowledge of Investments essential
• Good accounting knowledge and proven track record
• Proficient user of Finance Software

Competencies:

• Attention to detail
• Self-starter
• Persuasive and influential
• Critical thinking
• Decision making
• Responsible, accountable & takes extreme ownership
• High emotional intelligence
• Resilient

Duties and Responsibilities

Reviewing and Ensuring of:

• Journals to ensure PPS records are updated with Asset managers records.
• Accurate allocation of transactions within mandate and rules.
• Compliance with mandates and compliance letters.
• General Ledger records are accurate and are a true reflection of the investment accounting.
• Investment Income is accounted for and are accurate in the General ledger .
• Monthly reconciliations of Investment reports to General Ledger.
• Capital Gains Tax schedules and completeness and accuracy of reports.
• Monthly members choice workings and rebalance of investment portfolios.
• Rework of Profit and loss quarterly for Financial Year end reporting.
• Monthly Investment Fees are recorded and Management Fees for consolidation is prepared.
• Unit Trust consolidation entries.
• Monthly Dividend tax calculations.
• Provide management and PPS Board with accurate information and value added commentary for month end and year end reporting .

Budgeting:

• Assist in preparation and capture of investment budget.
• Preparing budget presentations for Exco and Board budget meetings with value added commentary on all variances.
• Investigate and explain monthly variances to budget on all key numbers .
• Assist and prepare financial information for the annual financial statements.
• Bank Confirmation Letters for Financial Year End reporting

Year-End reporting and Quarterly:

• Attending to Internal and External Audit queries.
• Assist with the submission of the annual tax return (CGT base cost adjustment) Statutory reporting Realised profit summary and CGT adjusted profit workings.
• Attending to Audit queries.
• Solvency Asset requirements (SAM).
• Investment Asset Allocation Reporting - Reserve Bank Returns.
• SA Reserve Bank Return (C68 xe2x80x93SARB, B16 and Asset allocation).
• Namibia reporting (NAMFISA and Regulation 15) Business related issues.
• Respond to queries from business timeously.
• Ensuring the smooth transition of the Investment Admin Automation System.
• Assisting with Ad hoc queries.