Job Description

Trade Settlement & Income Collection Assistant2024-10-28 - 2024-11-27PermanentCPT001710FinancialWestern Cape, Rondebosch(Market related)New vacancy has been created in our client's Investment Administration team, at their offices in Rondebosch.This entry-level opportunity role is responsible for opening of script accounts and script transfers. The role also includes the collection of dividends and resolution of variances, as needed. Incumbent will prepare and collate daily and monthly cash management payments, and ensure appropriate authorisations are secured.Role is ideally suited to recent graduate with Accounting at a tertiary level, or a matriculant with above average mathematics and/ or accounting will also be considered.KEY RESPONSIBILITIES:

• Opening of script accounts
• Processing of script transfers (equity assets/ take-ons), including maintaining correct CGT values
• Processing of dematerialisation of share certificates, including maintaining correct CGT values
• Processing of dividends -to be split per broker code, and variances to be reconciled and resolved
• Preparation and collation of daily and monthly payments, and ensure appropriate authorisations are secured
• Placing of trade of shares with brokers and managing the cash flow
• Back up support for colleagues, as required.

KEY REQUIREMENTS:

• Relevant tertiary qualification preferred: B Com (Accounting) or similar; alternatively, matriculant with above average mathematics and/ or accounting will also be considered
• Computer literacy a necessity: including MS Excel (intermediate)
• Previous experience in similar function preferred, with proven track record
• Accurate and deadline oriented
• Ability to work additional hours over quarter-end a requirement.

Merand Recruitment