FUND ACCOUNTANT

Description:

FUND ACCOUNTANTQUALIFICATIONS AND EXPERIENCE A relevant post graduate qualification CA(SA) Essential1-3 years post articles experience both in public and private sector.IFRS 9 experience and government grants accounting. Experience dealing with internal and external stakeholdersRelationship building skills stakeholder management skills.SAP & Caseware Skills.Daily Tasks Acting as checker, releaser for payments (AP process) Acting as poster for all Fund related transactions into the SAP system Calculating expected returns for funds in line with the funds department and maintaining the same in SAP. Assisting with ad-hoc tasks as requested Review and posting the ZC journals and Kofax paymentsReview payment proposals Finance support to fund managersMonthly Tasks Cash updates to Fund Managers including inflows, disbursements, commitments (Monthly Dashboard) Finance support to fund managersUpdating or reviewing of the interest on company as well as on each Fund. Reconciliations of Cash balances of for 3rd party funds Review and posting the ZC journals and Funds payments Reporting on 3rd party funds and cash balances for the companyQuarterly Tasks Recording of any IMC adjustments (ECL) to Funds that extend loans (MCEP, RCF, TVCP etc.) as ECL runs are completed Quarterly financials update (Quarterly dashboard) for fund reporting by fund managers to relevant departments Monitoring of all collateral relating to Funds that disburse loansAnnual Tasks Annual preparation of financials in accordance with relevant accounting framework Managing the external audit of each of the funds (and liaising with loans, FAV, CSG, Risk departments) for necessary input Keeping all loan related funds up to date in terms of IFRS 9, day 1 calculations low rate loans, loan modification etc. Preparing the annual cash balance confirmations for the Audit Manage the impairment and fair value of financial instrumentsSALARY: Market related