DESCRIPTION OF POSITION:

An opportunity exists to express your passion for exceptional service in the provision of pension fund accounting.

MAIN ACTIVITIES:

Daily processing of receipts and payments through the accounting system
­Daily reporting on outstanding payments
­Daily loading of payments into the banking system
­Updating of the contribution register upon receipts of monies from each pay point
­Monthly reconciliation of bank accounts and all relevant general ledger control accounts
­Monthly cash flow reporting
­Monthly investment reconciliations
­Assume responsibility for monthly and ad-hoc creditor payments
­Monthly updating of Fund schedules in respect of administration fees, consulting fees, reinsurance premiums, contributions; in preparation for year-end audits
­Identifying and communicating any differences between amounts due and amounts paid/received in respect of monthly expenses/income, and ensuring resolved monthly
­Compiling of year-end audit files for review by Manager/Head within the relevant deadlines and according to the required deliverables of Verso and the auditors
­Drafting Annual Financial Statements for review by Manager/Head prior to commencement of audits
­Quarterly reporting to the SA Reserve Bank / FSB where required
­Any additional tasks as assigned by the Director: Fund Accounting
­Be willing and able to assist on tasks of fellow Fund Accountants whenever there is a need due to staff being on leave

QUALIFICATIONS:

Matric with strong mathematical and accounting abilities
B Degree / diploma or equivalent

SKILLS REQUIRED:

Good verbal and written communication skills
Understanding of accounting principles
Articulate presentation and professionalism
Organised and good time management skills
Client service orientated
Attention to detail/accuracy/pride
Positive attitude and open to change
Proactive – uses initiative (Self-starter - able to self-motivate)
Must be able to work independently and under pressure
Strong work ethic

TECHNICAL KNOWLEDGE:

A good understanding of the Employee Benefits industry preferred (but not essential) Familiarity of accounting principles to the extent of company accounting and/or pension fund accounting

TECHNOLOGY:

Extensive practical experience on Microsoft office (outlook, word, excel) and a suitable accounting package preferably Accpac.

WORKING EXPERIENCE:

Previous accounting experience within the Employee Benefits industry preferable
Contactable references

REMUNERATION:

A total cost to company market related salary structure including benefits are offered