Job Description

Our client is seeking experienced and committed Fund Accountant professionals to join their team in Sandton.

Start Date - 1st of April.

Daily Tasks

• Acting as checker, releaser for Client payments (AP process)
• Acting as poster for all Fund related transactions into the SAP system
• Calculating expected returns for funds in line with the funds department and maintaining the same in SAP.
• Assisting with ad-hoc tasks as requested.
• Review and posting the ZC journals and Kofax payments.
• Review payment proposals.
• Finance support to fund managers.

Monthly Tasks

• Cash updates to Fund Managers including inflows, disbursements, commitments (Monthly Dashboard)
• Finance support to fund managers.
• Updating or reviewing of the interest on Client company as well as on each Fund.
• Reconciliations of Cash balances of for 3rd party funds
• Review and posting the ZC journals and Funds payments.
• Reporting on 3rd party funds and cash balances for the Client company

Quarterly Tasks

• Recording of any IMC adjustments (ECL) to Funds that extend loans (MCEP, RCF, TVCP etc.) as ECL runs are completed.
• Quarterly financials update (Quarterly dashboard) for fund reporting by fund managers to relevant departments
• Monitoring of all collateral relating to Funds that disburse loans.

Annual Tasks

• Annual preparation of financials in accordance with relevant accounting framework
• Managing the external audit of each of the funds (and liaising with loans, FAV, CSG, Risk departments) for necessary input
• Keeping all loan related funds up to date in terms of IFRS 9, day 1 calculations low-rate loans, loan modification etc.
• Preparing the annual cash balance confirmations for the Client Audit
• Manage the impairment and fair value of financial instruments.

Job Requirements:

QUALIFICATIONS

• A relevant post graduate qualification
• CA(SA) - Essential

EXPERIENCE AND KNOWLEDGE

• 1-3 years post articles experience both in public and private sector.
• IFRS 9 experience and government grants accounting.
• Experience dealing with internal and external stakeholders.
• Relationship building skills - stakeholder management skills.
• SAP & Caseware Skills.

COMPETENCIES

• Leading and Supervising
• Persuading and Influencing
• Delivering results and meeting customer expectations
• Supporting and co-operating
• Relating and networking
• Planning and organising
• Writing and reporting

If you meet above criteria and want to be part of this amazing team, apply today.

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