Finance and Recons Administrator (Prescient Fund Services) at Prescient

DUTIES & RESPONSIBILITIES

• Perform daily and monthly cash reconciliations on bank accounts
• Understand the Unit Trusts Manco environment
• Ensure all unallocated cash is reported and investigated
• Perform reconciling of daily payments
• Processing and reconciliation of Fees and clearing thereof
• Ensure sufficient cash is available in the physical bank account before transfers
• Arrange for intraday facility with banks where necessary
• Capturing to online banking platforms
• Ensure Transfers are debited and credited timeously
• Ensure payments are made timeously and accurately
• Assist auditors – internal and external – with documentation required for the auditors to do their job satisfactorily
• Ensure resolution of internal and external queries
• Identify and report any payment or collection failures
• Responsible for setting up and closing bank accounts as part of Fund Maintenance

REQUIRED EXPERIENCE

• Relevant experience of at least 3-5 years in a related reconciliations role within Financial Services/MANCO client service environment is essential 
• Sound foundational understanding and exposure to the various applicable legislation including but not limited to:
  • UT Manco environment and operations
  • Knowledge of reconciliations in the Manco to Inflow & Outflow accounts
  • Excel – intermediary
  • FICA, DWT, FATCA

REQUIRED QUALIFICATIONS

Relevant tertiary qualification required.

System Exposure

• MS Office
• Exposure to investment systems and workflow tools preferred 

KEY COMPETENCIES

• Highly methodical and can working within specific processes and structure
• Ability to work under time pressure around submission deadline times
• Highly organized and good time management skills 
• Strong problem-solving ability 
• Ability to work under limited supervision
• Positive team player 
• Enthusiastic and client centric attitude
• Excellent communication skills both written and verbal
• Accuracy and attention to detail
• Honesty and integrity