MAIN KPA'S

Investment functions
­ - Monthly capital reconciliations to Asset Managers’ month-end reports
­ - Verifying and reconciling monthly withdrawals/contributions
­ - Verifying and reconciling transition transactions
­ - Monthly management fee reconciliations
­ - Monthly custodian fees reconciliation
­ - Monthly reconciliations of investment bank accounts
­ - Verifying unitizing agent monthly returns
­ - Collating and providing all FICA/account opening documentation
­ - Processing and checking information received from unitizing agent in respect of quarterly Regulation 28 reports
­ - Processing information received from asset managers for all quarterly report submissions due to the SA Reserve Bank and/or FSB
(including timely submission thereof)
­ - Compile Schedule IA for the annual financial statements and load AFS onto Magic to the point where it can be submitted to the FSB
electronically
­ - Reconcile year-end SARB report to Schedule IA
­ - Quarterly reconciliation between the unitising agent and asset managers’ market values, for reporting to the BOT
­ - Liaise with asset managers/investment advisors as and when required in respect of any new/existing investment transactions
­ - Compiling relevant sections of the year-end audit file for review by Manager/Head within the relevant deadlines and according to the
required deliverables of Verso and the auditor
­ - Forward unsigned Declaration of Interest forms to Asset Managers and service providers bi-annually and save all responses received for
reporting to the BOT
Accounting functions
- 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
­ - Banking account maintenance in terms of signatory amendments and/or new accounts
­ - Monthly updating of Fund schedules in respect of administration fees, consulting fees, reinsurance premiums, contributions, in preparation
for year-end audit
­ - Identifying and communicating any differences between amounts due and amounts paid/received in respect of monthly expenses/income
and ensure resolved monthly
­ - Compiling relevant sections 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 may be required
­ - Quarterly reporting to the SA Reserve Bank / FSB as required
­ - Any additional tasks as assigned by the Senior Manager: Fund Accounting
­ - Be willing and able to assist on tasks of fellow Fund Accountants whenever there is a need as a result of staff being on leave.

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

TECHNICAL KNOWLEDGE:
A good understanding of the Employee Benefits industry;
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;
Contactable references