Investment Accountant
MomentumGauteng, South Africa1 day ago
Job descriptionDaily monitoring, identification and investigation of discrepancies and unusual variances in market prices and market movements per asset manager on Benchmark Verifier to ensure correct and accurate market values that are provided to investments for daily NAVs used in calculating unit prices. Daily approval of Net Asset Values and follow up on discrepancies. Liaise with investment consultants and unitisation provider for daily cash flows and unit price reconciliation. Keep abreast of the financial markets on a daily basis so that unusual movements can be identified and corrected on time. Finalise the daily market values per asset manager on Benchmark Verifier and follow up on any discrepancies. Prepare and submit daily cash-flows to the Unitisation department in order for them to calculate daily unit prices. Allocate the monthly payment of management fees in a timely manner. Verify monthly scrip recon between the holding portfolio / asset managers and custodians on Benchmark Verifier and follow up on discrepancies. Verify and finalise the importing of each portfolio manager's trial balance from Benchmark Verifier into Benchmark Unitiser. Finalise monthly trial balance per asset manager on Benchmark Verifier system and follow up on any discrepancies. Reconcile data as well as inter-fund transfers and cash flows. Finalise trial balance per fund on Benchmark Unitiser for import to Great Plains. Provide accurate and timely consolidated financial reports for all funds on a monthly basis to Fund Accounting. Ensure correctness of the market values of investments and follow up discrepancies with investment consultants. Maintain financial control procedures; ensure compliance with IAS and all approved policies. Identify and report overdrawn bank account(s) and claim interest on overdrawn accounts from asset managers / custodians. Perform monthly balance checks of balance sheet and trial balance items to ensure accuracy of accounting. Control income and expense accruals to ensure correctness and completeness of inflow and outflow. Prepare investment notes for inclusion in financial statements for all funds. Perform cash flow management, including drawdowns, repayments and rebalancing. Prepare quarterly SARB, C48 and Regulation 28 reports. Coordinate monthly and quarterly investment reporting in line with SLAs. Apply and utilise systems to contribute to efficient and effective service delivery and optimise quality. Apply models and techniques which enable tracking, reporting and monitoring of business-related information. Contribute to the improvement of current products and services that can lead to higher profitability and improved client service. Develop and maintain productive working relationships with peers and organisational role players to achieve optimal cross-process integration. Identify and resolve queries and problems in a timely manner and elevate unresolved problems. Partner with practice areas and specialists for input and complete process design and ensure implementation of associated processes and standards. Plan and implement a cycle of short-term improvements to drive operational objective achievement. Undertake information gathering and analysis of data within set guidelines to provide timely information in area of accountability. Provide authoritative expertise and advice to clients and stakeholders. Contribute to negotiating objective and realistic SLAs, monitor appropriateness and recommend adjustments. Deliver on SLAs made with clients and internal and external stakeholders to ensure client expectations are managed. Make recommendations to improve client service and fair treatment of clients within area of responsibility. Contribute to continuous innovation through development, sharing and implementation of new ideas and involve colleagues and staff. Identify solutions to enhance cost effectiveness and increase operational efficiency. Implement and provide input into governance processes, systems and legislation within area of specialisation. Provide input into risk identification process development and communicate recommendations in the appropriate forum. Sense of urgency. Planning and organising. Interpersonal relationships. Communication skills. Confidentiality.
Company Overview
Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.
We help people grow their savings, protect what matters to them and invest for the future.
We help companies and organisations care for and reward their employees and members.
Through our own network of advisers or via independent brokers and utilising new platforms Momentum Group provides practical financial solutions for people, communities and businesses.
Role Purpose
Implement the investment accounting practice within the Operations cluster that contributes to the growth and development of the Momentum Corporate business through quality managed investment accounting services which supports a comprehensive range of fit for purpose and best in class retirement administration products.
Requirements and Qualifications
- BCom Accounting or equivalent.
- 1-5 years' experience in Investment Accounting.
- Experience in investment and fund accounting procedures, and the application of unitisation principles.
- Insurance and / or Financial Services Industry experience would be beneficial.
- Knowledge of financial markets and instruments; completed articles will be advantageous.
Duties & Responsibilities
Competencies
#J-18808-Ljbffr
Create a job alert for this search
Accountant • Gauteng, South Africa
Related jobs
![IFRS Accountant – Global & Group Expertise in South Africa Open for applications Hybrid, Remote[...]](https://cdn-logos.talent.com/v1/logo/image?feedcode=whatjobs-za&company_name=Accace)
IFRS Accountant – Global & Group Expertise in South Africa.Ensure compliance and accuracy in complex reporting environments.
Be part of a forward-thinking finance team.Work with cutting-edge tools a...Show moreLast updated: 14 days ago
- Promoted
Investment Accountant
Communicate FinanceRandburg, Gauteng, South Africa Financial services company specialising in risk and investments is looking to bring on an Investment Accountant.Investment Accountant within the Financial Services industry.Reviewing and preparatio...Show moreLast updated: 30+ days ago
- Promoted
Investment Analyst
Agile CapitalJohannesburg, Gauteng, South Africa Direct message the job poster from Agile Capital (Pty) Ltd.Agile Capital is a Private Equity investment business that invests across diverse sectors in the South African market.We focus on business...Show moreLast updated: 20 days ago
- Promoted
Investment Analyst Johannesburg North
Network FinanceRandburg, Gauteng, South Africa Although investing is generally described as putting money into financial schemes, shares, or a commercial venture with the expectation of achieving a profit – We believe that investing into your F...Show moreLast updated: 30+ days ago
- Promoted
Investment Accountant Johannesburg North
Communicate FinanceRandburg, Gauteng, South Africa A financial services company specializing in risk and investments is looking to bring on an Investment Accountant.Investment Accountant within the Financial Services industry.Reviewing and preparat...Show moreLast updated: 30+ days ago
- Promoted
Investment Banking Associate
Network FinanceRandburg, Gauteng, South Africa A leading firm is seeking an Investment Banking Associate.You would be working on some of the most challenging mandates within the company' rapidly transforming landscape.Execution of M&A Mandates ...Show moreLast updated: 30+ days ago
- Promoted
Senior Investment Associate – Jhb North
Affirmative PortfoliosCity of Johannesburg Metropolitan Municipality, Gauteng, South Africa Senior Investment Associate – Jhb North.JHB North, Johannesburg – Gauteng.Salary Package – Market Related.TURNAROUNDS, WORKOUTS AND RESTRUCTURING.
Restructure the exposure of clients that are experi...Show moreLast updated: 9 days ago
- Promoted
Fund & Investment Accountant MMH250911-6
MomentumSandton, Gauteng, South Africa Fund & Investment Accountant MMH -6.You will be responsible for accounting and financial reporting activities to support the growth and development of the Momentum Retirement Administrators (MRA) b...Show moreLast updated: 30+ days ago
- Promoted
Investment Associate
Network RecruitmentJohannesburg, South Africa Join a leading asset management and private equity team in Gauteng, partnering with visionary entrepreneurs and high-growth companies across South Africa and beyond.
Evaluate investment opportunitie...Show moreLast updated: 9 days ago
- Promoted
Investment Specialist – Johannesburg
Antal InternationalJohannesburg, Gauteng, South Africa Main duties and responsiblities : .Client visits and virtual interactions including presentations to groups ofclients and broker networks sometimes accompanied by an investmentportfolio manager – se...Show moreLast updated: 20 days ago
- Promoted
Private Equity Associate
Hire ResolveGauteng, South Africa Sandton, Gauteng R - R Y Unconventional CA.Location : Johannesburg, South Africa (Hybrid, with travel to clients / sites as required).
Reports to : COO / Finance Lead.The Finance & Projects Associate ...Show moreLast updated: 8 days ago
- Promoted
Investment Consultant | Sandton
The Recruitment CouncilSandton, Gauteng, South Africa Our client seeks a dynamic and driven Investment Consultant with a passion for business development, client engagement, and investments.
The ideal candidate will have a solid understanding of the fi...Show moreLast updated: 30+ days ago
- Promoted
Investment Associate â Private Debt Black River Park, Observatory (CPT) OR Melrose Arch (JHB)
Mint KulcaJohannesburg, South Africa THE MINIMUM REQUIREMENTS FOR THE ROLE ARE : .Education : Bachelors degree in Finance, Accounting, Economics, Investment Management, or a related field.
Experience : 35 years of relevant experience in ...Show moreLast updated: 16 days ago
- Promoted
Investment Specialist – Johannesburg
Antal International NetworkJohannesburg, Gauteng, South Africa Client visits and virtual interactions including presentations to groups of clients and broker networks sometimes accompanied by an investment portfolio manager – servicing a client base situated i...Show moreLast updated: 22 days ago
- Promoted
IFRS Accountant – Global & Group Expertise in South Africa Open for applications Hybrid, Remote[...]
AccaceWorkFromHome, South AfricaRemote
- Promoted
Investment Analyst
Network FinanceRandburg, Gauteng, South Africa Although investing is generally described as putting money into financial schemes, shares, or a commercial venture with the expectation of achieving a profit – We believe that investing into your F...Show moreLast updated: 30+ days ago
- Promoted
Investment Banking Associate Johannesburg North
Network FinanceRandburg, Gauteng, South Africa A leading firm is seeking an Investment Banking Associate.You would be working on some of the most challenging mandates within the company’s rapidly transforming landscape.Execution of M&A Mandates...Show moreLast updated: 30+ days ago
- Promoted
Investment Accounting Manager MMH250812-2
GuardriskSandton, Gauteng, South Africa Investment Accounting Manager MMH -2.Accurately control and process financial information and prepare financial reports and analysis to enable business processes in respect of investment accounting...Show moreLast updated: 30+ days ago
- Promoted
Finance Accountant CA (Reporting & Compliance)
Emporium Human CapitalMidrand, South Africa Finance Accountant CA (Reporting & Compliance) POS25289.Salary : R 550 000 to R 650 000 per annum (depending on experience).
Experience in managing or supervising a team will be an advantage.At l...Show moreLast updated: 23 days ago