Investment & Amp; Treasury Accountant (Parktown) at Rand Mutual - RMA

THE JOB AT A GLANCE

• Reporting to the Head of Financial & Regulatory Reporting, the Investment & Treasury Accountant will be responsible for the financial accounting function for RMA group relating to Investments & Treasury

WHAT WILL YOU DO?

• IFRS Compliance
• Ensure that all financial information is reported in accordance with IFRS/Insurance Act and General Accepted Accounted Practices.
• Ensure that investment Income, Expenses, Assets and Liabilities are reported in terms of IFRS.
• Ensure management accounts are prepared in accordance with IFRS and Group requirements.

Investment Analysis & Reporting

• Responsible for the accounting function for the investments
• Prepare Investment financial accounts for EXCO so as to support the financial decision-making process
• Make necessary improvements on all Reporting ensuring EXCO/Board Sub-Committees are fully informed
• Assist with the preparation of budgets.
• Assist with the review of invoices
• Responsible for the analysis of investment returns.
• Assist with fund allocation splits for tax.
• Cashflow preparation & analysis.

Process Automation and Data Integrity

• Continuously develop and streamline process automation within the finance operational areas
• Review all systems procedures and controls and make necessary improvements where appropriate
• Ensure data integrity of information within financial reporting systems

Governance and Controls

• Establish and continuously maintain accounting policies and procedures
• Ensure all internal controls for Financial systems and reporting is adequate
• Formulate and maintain group accounting and financial practices and ensure compliance of all subsidiaries in this regard
• Responsible for the controls and documentation relating to income and expenditure
• Ensure continuous governance and controls in relation to financial information

Ensure financial reporting system control and integration with existing and developmental platforms

• Treasury & Balance Sheet Management
• Reconciliation of Investment balances.
• Management of solvency & liquidity.
• Management of funding & investments in line with Strategic Asset Allocation.
• Preparation of investment & disinvestment documentation.

Business Partnering

• Strategically partner with compliance, regulatory reporting & actuarial department.
• Support dividend payment process.
• Support & liaise with Investment Executive to execute strategic objectives.
• Assist with cash functions to support business
• Prepare investment reports to be integrated into the overall financial reporting framework.

WHAT YOU'LL BRING TO THE TABLE?

• Minimum of 4 years in a accounting role focusing on investments & treasury.
• NQF Level 8: Honors degree in Financial management, Investment or Accounting. CIMA, CA or CFA preferable.
• Knowledge of investment management, cash & bank, liquidity & solvency business policies & general accounting standards.
• Background knowledge of financial sector and life insurance industry
• Above average IT skills.
• Knowledge of investment, bond & capital markets.

Requirements

• Minimum of 4 years in a accounting role focusing on investments & treasury.
• NQF Level 8: Honors degree in Financial management, Investment or Accounting. CIMA, CA or CFA preferable.
• Knowledge of investment management, cash & bank, liquidity & solvency business policies & general accounting standards.
• Background knowledge of financial sector and life insurance industry
• Above average IT skills.
• Knowledge of investment, bond & capital markets.