Assistant Accountant (Prescient Centralised Services) at Prescient

DUTIES & RESPONSIBILITIES

High level objective of the role is to provide efficient and effective support to Prescient’s accounting arrangements. The Assistant Accountant is responsible for assisting the Financial Accountant with meeting the below duties and responsibilities:

• Financial accounting and records
• Management accounting and reporting
• Tax
• Reconciliation
• Cash management
• Procurement and banking
• Compliance
• Debtors and creditors management
• Be a valued team member of the Prescient Finance Function

Accounting Function

Assist the Head of Finance and Financial Accountants with the day-to-day operations of the finance function with specific focus on the Prescient Fund Services Group.

• This includes, but is not limited to, the below functions:
  • Monthly bank statement processing and reconciliations (including credit cards)
  • Cash-flow monitoring and management
  • Assisting with client fee calculations in terms of signed mandates and/or SLAs
  • Maintaining fee schedules that agree to the general ledger
  • Capturing of supplier invoices and maintaining monthly supplier reconciliations
  • Maintaining expense schedules that agree to the general ledger
  • Management of accounts payable and accounts receivable aging and following up where necessary
  • Calculating monthly Capital Adequacy Requirements
  • Ensuring that relevant SOPS are documented and maintained

General Finance Function

• Responsible for providing efficient and effective support to Prescient’s broader finance team and procurement processes; and assist Head of Finance with the day-to-day operations of the finance function.
• This includes, but is not limited to, the below functions:
  • New supplier and invoice capturing on Acumatica
  • Cross-training and knowledge sharing across the greater finance team
  • Continual improvement of controls and processes to streamline, reduce risk, identify threats and opportunities and increase efficiency
  • Participate in the weekly finance team meeting, in a positive and proactive manner and ensure action points are followed up on
  • Monthly reconciliation and settlement of intercompany balances.
  • Adhere to monthly, quarterly and annual Group reporting requirements
  • Cooperate with any internal audit requests and implement suggested changes where applicable
  • Self-review the accuracy and completeness of monthly management accounts and processes

REQUIRED EXPERIENCE

• BCom / Hons Accounting / CIMA and 1-2 years’ experience gained as an Accountant
• Exposure to Financial Services preferable (Fund Services, Unit Trusts, Investment Management).
• Able to work on various IT systems [advanced Excel skills would be an advantage] 
• Exposure to Accounting systems

REQUIRED QUALIFICATIONS

• BCom Accounting / CIMA / SAIPA

KEY COMPETENCIES

• Good communication skills – open and transparent, able to liaise with multiple stakeholders
• Time management skills, able to manage own pace and delivery
• Take ownership and problem solve when required
• Diligent and takes pride in their work
• Able to work in a busy and pressurised environment
• Extremely organised
• Positive, proactive team player who enjoys collaboration
• Attention to detail and accuracy
• Flexible and adaptable to the changing needs of the business