Junior Fund Accountant

Role: Junior Fund Accountant

Department: Funds

Accountable to: Fund Manager

Industry: Financial Services

Position type: Permanent

JOB DESCRIPTION: Successful candidate will play a role in ensuring accuracy and integrity in fund-related transactions and reconciliations. Looking for a candidate with a stronger operational

This includes:

Completion of reconciliations between the operations system and financial system.

Preparation of month end journals to reflect accurate accounting for revenue recognition, expense accruals and fund provisions based on business requirements and accounting standards.

Analyse fund related transactions, identify discrepancies and provide actionable insights.

(KEY DUTIES & RESPONSIBILITIES)

• Preparation of month end journals for funds transactions.

• Complete reconciliations of funds between the operations system and financial system within strict deadlines and rectify errors identified.

• Identify, analyse and correct both system-related and human errors found between the operations and financial system.

• Calculating monthly profit and loss on terminated plans.

• Collaborate and follow up on any matters arising from the Business Intelligence, Policy Admin, Creditors and Debtors departments and action accordingly.

• Scrutinise and maintain data integrity by checking for errors and validity of the data.

• Work with actuarial team to ensure that actuarial reports agree to financial reports.

• Preparation of JV calculations and management accounts and ensuring pay-outs are made as per agreement.

• Ability to interpret and explain trends, discrepancies and inconsistencies.

• Analysis of funds for trends, anomalies, etc.

• The functions and responsibilities listed here may be changed at any time depending upon operational requirements of the employer and including ad hoc tasks.

QUALIFICATIONS AND EXPERIENCE:

• Bachelor’s degree in accounting

• Minimum of 3-5 years work experience

SKILLS AND PERSONAL ATTRIBUTES

• Ability to work with big data in a high-pressure and performance environment.

• Strong analytical and diagnostics skills to draw insights.

• Well-developed numerical reasoning and interpretation skills.

• Attention to detail and accuracy.

• Inquisitive mind

• Deadline driven and strong sense of urgency.

• Must be able to multi-task and adapt to change.

• Team player with an ability to build and maintain relationships with stakeholders.

• Proactive and takes accountability for responsibilities.

• Agile and resilient.

• Ethical, honest and autonomy.

• Proficiency in MS Office with Advanced Excel skills.

• Must be tech savvy and be able to pick up systems quickly.