Bank and Cash Controller – Trust and Investments

An opportunity has become available

Join the largest Intellectual Property Firm in Africa and one of the biggest law firms in South Africa as a Dynamic individual.

Duties & Responsibilities

Duties and responsibilities include :

• Capture trust EFTs on CMS for payment on various banking platforms
• Print proof of payments and send to the requestors
• Scan and save all payment requests and associated proof of payments
• Calculate trust transfers (Monthly and daily)
• Send crunching closure notification to receipting and debtors
• Manage bank and cash mailbox daily
• Identify and process bank charges on various trust bank accounts daily
• Ensure that receipting instructions are issued to the receipting department
• Reference request numbers on foreign payment documents to bank statements and communicate as necessary

Section 86(4) responsibilities include :

Open and close investment accounts and ensure compliance with legal requirements

All movements / adjustments on investment accounts to be verified and captured daily

Validate interest on client investments, balance to the bank accounts, and process to CMS

Adjust interest on daily investment closures

Ensure FATCA compliance and maintain the FATCA control schedule daily

Send out monthly manual crunching schedules to partners and ensure that they are received back and actioned efficiently

Check and ensure that the Commission Accounts are actioned and transferred

Send Investment balances once a week and ensure monitoring of an even split between the Investment banks

Assist with downloading of IT3(b)s on a yearly basis

General Responsibilities

Cover leave within the division as required

Efficiently deal with ad-hoc duties and queries as required

Desired Experience & Qualification

Skills and knowledge :

Good communication and writing skills with a good command of the English language

An accurate and meticulous person with the ability to multi-task

A hardworking, dedicated, and reliable person

Ability to use initiative and to work independently

Ability to deal with people at all levels

Knowledge of Attorneys Trust accounting would be advantageous

Qualifications :

Matric

Bookkeeping Diploma would be advantageous

2 years relevant experience in a finance environment

Clear Criminal and ITC record

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