Snr Fund Accounting Manager (EB)

SUMMARY:
A large Financial Services company is currently looking for a Senior Fund Accounting Manager to supervise the Fund Accounting unit and assists on all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs, etc.

POSITION INFO:

RESPONSIBILITIES:

OPERATIONAL

• Assist in performing all tasks necessary to achieve the organisation''s mission.
• Work with the Executive Team on the strategic vision including fostering and cultivating stakeholder relationships.
• Assisting in the development and negotiation of contracts.
• Participate in developing new business, specifically: assist the Head - Admin & IT in identifying new opportunities, the drafting of prospective budgets, and determining cost effectiveness of prospective service delivery.
• Enhancement and automation of processes through utilisation of technology.
• Ensure adequate controls are installed and that substantiating documentation is approved and available such that it may pass independent audits.
• Work with the Head – Admin & IT to ensure programmatic success through cost analysis support and compliance with all contractual and programmatic requirements. This includes:
• Interpreting legislative and programmatic rules and regulations to ensure compliance with all statutory requirements.
• Ensuring that all statutory regulations and requirements are disseminated to appropriate personnel, and
• Monitoring compliance.
• Develop and maintain systems of internal controls to safeguard financial assets of the funds and oversee programs, the coordination and activities of independent auditors ensuring all audit issues are resolved, and all compliance issues are met.
• Oversee the production of monthly reports for use by the Executive Team, as well as the Board of Directors.
• Oversee and manage existing system controls and introduce new enhancements to streamline workflow and mitigate risk factors.
• Preparing and maintaining standard operating procedures throughout the Fund Accounting department.
• Development, implementation and management of effective financial controls.
• Provide oversight and play a leadership role in the Compliance Management function to ensure that:
  • the company compliance framework and policies are properly embedded and implemented in the business.
  • there is regular reporting on compliance breaches and progress on mitigation and management plans.
  • administrative penalties as a result of compliance breaches are minimised.
  • Ensure compliance with regulatory requirements through adherence to policies, procedures and guidelines.
  • Work closely with the Executive Team to ensure that all key risks are identified and are adequately communicated to the relevant business owners.
  • Implementation of controls to mitigate fraudulent activities and misrepresentation of information.
  • Enhancement and automation of the production of monthly management reports and board packs.

CUSTOMER

• Attend Board and Subcommittee meetings.
• Development stakeholder relationships.
• Ensure adherence to customer and service provider SLA’s.

PEOPLE

• Train the Fund Accounting department and other staff on raising awareness and knowledge of financial management matters.
• Development and implementation of staff succession and growth plans.
• Effective team management and coordination of financial activities at all levels.
• Assist in the design, implementation, and timely calculations of incentives for the staff.
• Implement the culture transformation programme that will enable the delivery of company’s strategic intent and identified ideal behaviours, improve employee engagement and reduce employee turnover with the support of HR
• Develop a high performing team by embedding formal performance development and informal coaching. 
• Implement talent acquisition, engagement and recognition process in line with this.
• To improve employee engagement, by building an engaged workforce by connecting with staff at all levels and soliciting regular feedback from staff (informal / formal)

MIN REQUIREMENTS:

Qualifications and Experience

• Post graduate B.Com. Accounting Degree or similar qualification.
• Matric (Grade 12) certificate with Mathematics and Accounting.
• At least 10 years’ experience in Retirement Fund Accounting.
• Evidence of managing a small – medium, but effective team.
• Computer Literate (Microsoft Office, Excel advance, Work).
• Everest knowledge would be advantageous.
• Good communication skill.
• Deadline driven.
• Management skills.

Only candidates who meet the outlined requirements and have the relevant experience should apply for this position.

If you have not had any response in two (2) weeks, please consider your application unsuccessful.  Your CV will be kept on file for any further suitable positions.

NB! This job is now closed. You can apply for other jobs by uploading your CV.