Jobs Available at Public Investment Corporation

Requirements:

• Bachelor’s degree in Accounting or Finance  
• Honours degree or CA (SA) / CFA / CAIA advantageous
• Minimum 5 years relevant working experience 

Duties:  

• External confirmation of all transactions 
• Settlement of all transactions (instruction to custodians and system settlement)
•  Reconciliations as per policy and procedure manual
•  Account for all corporate actions  
• Account for all external manager transactions (file imports)
•  Account for and capture all transactions and adjustments as required in the Investment Operations area.  
• Static data maintenance on investment operations system (interest rate resets, prime rate changes, inflation rate)  
• Account for all transactions and other Trial Balance items on the Investment Operations system
•  Accounts for client instructions
• Provide assistance and guidance to fund accountants (junior staff) Assist in the management of internal and external audits Prepare management fee calculations daily/monthly  Releasing of payments on the payment system  

go to method of application »

Minimum qualifications and experience: 

• Relevant Bachelor’s degree or equivalent qualification
• Postgraduate qualification (Hons, Masters, MBA, etc),CFA or CA(SA) would be advantageous
• FAIS RE 05 Certificate or must be obtained within 6 months of employment
• 2 – 4 years investment experience. Private Equity, Fund of Funds or Multi-manager experience would be advantageous
• Ability to conduct a detailed research on sectors or industries.

Duties:

• Deal screening - desktop analysis of investment opportunities 
• Preparation of preliminary scoping reports 
• Assist the team in complying with the requirements of each stage of the investment process 
• Assist the team in planning and coordinating due diligence on potential investment opportunities 
• Assist the team with relevant research and information in structuring and pricing of transactions 
• Assist the team in preparing term sheets 
• Assist the team in preparation of appraisal reports 
• Review transaction agreements 
• Assist the team in implementation and disbursement process 
• Assist the team in the handover of approved transactions to various divisions including portfolio management 
• Assist the team in ongoing monitoring of a portfolio of funds, including review of quarterly reports, valuation, risk management, compliance and reporting 
• Participate in the exit process for transactions.