Fund Accountant at Sanlam Group

What will you do?

• This role is responsible for managing operational activities and processes related to bank reconciliations, broker and fee activities, and to perform reconciliations to the market as confirmed by the Investment Management Company whilst managing risk. 

Key outcomes 
The following outcomes will be expected to be achieved by the Fund Accountant: 

• Daily management of bank accounts
• Processing daily investment and disinvestment instructions timeously
• Compile monthly bank reconciliations and cashflow analysis as per procedure
• Monthly fee reconciliation for broker commission.
• Administration fee reconciliations are completed timeously.
• Dailly commission fees run from Compass.
• Exception reporting and investigation for fee anomalies.
• Monthly upload of global fees/perform conversions.
• General queries, i.e. negative fees appearing on daily commission file.
• Performing trail commission reconciliations and liaising with offshore MANCOs for quarterly statements.
• Perform daily reconciliations for transactions captured online of business system to those transacted in the market as confirmed by the investment managers.
• Identify exceptions or differences and liaise with investment managers and internal business teams to resolve.
• Reconcile transactions on the investment manager recon and submit to the line manager for sign-off
• Prepare asset and liability report between client asset and Investment Management Company held by the investment management companies.
• Request investment management company statements to reconcile. 

Education

• Diploma in Accounting / Finance Management or equivalent NQF level 5 (essential) 
• 3 - 4 years’ experience in reconciliations and finance administration in a LISP environment 
• Intermediate Microsoft Excel skills 

Competencies

• Client Focus 
• Cultivate Innovation 
• Collaborates 
• Drives Results 
• Being Resilient 
• Adhering to Principles and Values 
• Highly Analytical 
• Adapting and Responding to Change 
• Planning and Organising 
• Following Instructions and Procedures 
• Coping with Pressures and Setbacks 
• Adhering to Principles and Values 

Attributes 

• Positive, enthusiastic attitude 
• Teamwork 
• Ability to work under pressure 
• Honesty, integrity and respect 
• Self-starter and self confidence