Accountant: Investments Job Johannesburg area,South Africa,Finance & Banking

To perform and oversee investment accounting, financial reporting, regulatory reporting and investment control activities for the PPS Group investment portfolios. The role is responsible for ensuring the completeness, accuracy and integrity of investment transactions, valuations, reconciliations and financial reporting while providing meaningful financial insights to management, Exco, the Board, regulators and other stakeholders. The incumbent contributes to investment process improvement, automation initiatives and compliance with applicable accounting standards and regulatory requirements.

Education:

CA(SA)

Experience

4 years working experience
Experience in the financial industry

Knowledge and

Skills:

Knowledge of the insurance industry an advantage
Knowledge of Investments essential
Good accounting knowledge and proven track record
Proficient user of Finance Software
Advanced Excel skills
Strong analytical, problem-solving, and communication skills

Duties and Responsibilities Key Accountabilities Investment Accounting & General Ledger Management

Journals to ensure PPS records are updated with Asset managers records
Accurate allocation of transactions within mandate and rules
Compliance with mandates and compliance letters
General Ledger records are accurate and are a true reflection of the investment accounting
Investment Income is accounted for and are accurate in the General ledger
Monthly reconciliations of Investment reports to General Ledger
Capital Gains Tax schedules and completeness and accuracy of reports
Monthly members choice workings and rebalance of investment portfolios
Rework of Profit and loss quarterly for Financial Year end reporting
Monthly Investment Fees are recorded and Management Fees for consolidation is prepared
Unit Trust consolidation entries
Monthly Dividend tax calculations

Investment Portfolio Reporting & Analysis

Preparation of monthly, quarterly and annual investment reports
Investment performance analysis
Variance and trend analysis
Portfolio reporting
Management and Board reporting
Preparation of investment commentary

Budgeting

Assist in preparation and capture of investment budget
Preparing budget presentations for Exco and Board budget meetings with value added commentary on all variances
Investigate and explain monthly variances to budget on all key numbers
Assist and prepare financial information for the annual financial statements
Bank Confirmation Letters for Financial Year End reporting

Year-End reporting and Quarterly

Attending to Internal and External Audit queries
Assist with the submission of the annual tax return (CGT base cost adjustment) Statutory reporting Realised profit summary and CGT adjusted profit workings
Attending to Audit queries
Solvency Asset requirements (SAM)
Investment Asset Allocation Reporting - Reserve Bank Returns
SA Reserve Bank Return (C68 –SARB, B16 and Asset allocation)
Namibia reporting (NAMFISA and Regulation 15) Business related issues
Respond to queries from business timeously
Ensuring the smooth transition of the Investment Admin Automation System
Assisting with Ad Hoc requests

Stakeholder management

Establish and maintain relationships with key stakeholders and the PPS Group at large
Engage with Finance and business stakeholders to define reporting requirements.
Provide support, guidance and training on complex investments matters.