Investment Accountant

Introduction Guardrisk is the undisputed market leader in cell captive insurance and risk solutions. We are renowned for our innovative approach to cell captive structures and other alternative risk transfer solutions for our clients. Guardrisk offers clients custom designed cover and is registered in South Africa as an insurer for all statutory classes of non-life and life insurance business.

Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose Accurately control and process financial information for an investment portfolio. Prepare financial reports and analysis to enable business processes.

Requirements Qualifications & Experience

Diploma / Degree in Financial Management / Accounting or Investments

3 years’ experience in Investment Accounting

Completed Accounting Articles (preferred)

Duties & Responsibilities Coordinate and control financial management process (Internal Process)

Management of the Investment Accounting function for both the Guardrisk Insurance and Guardrisk Life investment portfolios, including Unitised and dedicated investments for cell captive & contingency policy clients.

Accurately, efficiently and timely capturing and reporting of investment related transactions of all investment portfolios.

Review and /or prepare investment related payment documents and obtain the necessary source documentation and authorisation to effect payments timely and with the determined service level agreement levels.

Review and approve the general ledger journal allocations based on levels of authority and policy.

Review all documentation to ensure that the correct level of authority has authorised the document and raise any exceptions with the relevant stakeholder.

Preparation of investment and disinvestment instructions authorised according to the sub delegation of authority,

Completion of asset manager FICA documentation and safekeeping of confidential information

Prepare and review investment transactions and reporting of each investment portfolio

Compile and prepare monthly, quarterly and year end investment and interest reconciliations for both companies.

Compile quarterly asset allocation report for submission to the Reserve Bank.

Identify and report respective investment accounting or reporting issues.

Investigate and resolve any outstanding queries in relation to investment accounting issues.

Portfolio support and management/servicing by working closely with the portfolio accountants, portfolio manager and other colleagues.

Identify and resolve problem sources or escalate to relevant level of authority.

Special Projects relating to Investments assigned within the group.

Meeting company, investment and client accounting, payment and reporting deadlines.

Contribute to the enhancement of the investment systems and processes issues in order to enhance financial management.

Continuously develop own expertise in terms of professional, industry and legislation knowledge.

Contribute to continuous innovation through the development, sharing and implementation of new ideas.

Identify and reconcile discrepancies and problems.

Build and maintain relationships with asset managers, clients as well as internal and external stakeholders.

Participate and contribute to a culture which build rewarding relationships, facilitates feedback and provides exceptional client service within the organisation.

Prepare and provide necessary documentation to complete timely audit both for client and Guardrisk.

Contribute to the audit process and resolve any audit queries within the deadlines set.

Preparation and submission of returns to the Prudential Authority or other relevant regulatory bodies.

Providing documentation and assistance to the auditors for the interim and year-end audit.

Engage with clients in a client centric manner (Client Services)

Provide authoritative, expertise and advice to clients and stakeholders including asset managers.

Build and maintain relationships with asset managers, clients and internal and external stakeholders.

Deliver on service level agreements made with internal and external asset managers, stakeholders and clients.

Make recommendations to improvement client service within area of responsibility.

Participate and contribute to a culture which build rewarding relationships, facilitates feedback and provides exceptional client service.

Self-management and teamwork (People)

Develop and maintain productive and collaborative working relationships with peers and stakeholders.

Positively influence and participate in change initiatives.

Continuously develop own expertise in terms of professional, industry and legislation knowledge.

Contribute to continuous innovation through the development, sharing and implementation of new ideas.

Take ownership for driving career development.

Manage budget and implement sound financial controls (Finance)

Contribute to the budgeting process and provide the relevant reports and analysis to support the process.

Manage high risk and problematic financial issues in area of accountability and contribute to the development of policy.

Identify solutions to enhance cost effectiveness and increase operational efficiency.

Implement and manage financial risk methodologies, techniques and systems and use to monitor and report on financial activities.

Implement and provide feedback on the effectiveness of financial policy, practice and procedures preventing illegal, unethical or improper conduct.

Investigate reported wilful acts of non-compliance to organisation policy and practice and report on findings.

Competencies Business Acumen

Understands how the business operates, what the key issues and risks are that drives business success; and how they impact on the commercial viability of potential ventures and the profitability of the Group.

Collaboration

Prioritises the business interests of MMI and invests in the success of the group by aligning effort across divisions.

Client/Stakeholder Commitment

Anticipates, meets and exceeds client’s needs by creating long lasting relationships that support the client value proposition, supports their financial wellness and ensures client centricity.

Impact and Influence

Persuades, convinces, influences and inspires others, both within MMI and externally to win support, loyalty and gain commitment to the purpose of the group.

Drive for Results

Drive a sense of urgency, focus, accountability, agility and execution to deliver business results.

Self-Awareness and Insight

Manages self and relationships with others effectively and provides perspective in difficult situations.

Leads Change and Innovation

Actively leads change, does what is right for the business and drives continuous improvement through innovation.

Diversity and Inclusiveness

Is sensitive to individual and cultural similarities and differences and demonstrates humility and an openness to engage people from diverse backgrounds and cultures to the mutual benefit of all parties concerned.