Fund Accountant

Designation: PP3928 - Fund Accountant

Category: Ops & Admin - OF6310

Posted by: Alexander Forbes

Posted on: 25 Feb 2025

Closing date: 05 Mar 2025

Location: Sandton

Purpose Of The Job
To maintain a portfolio of funds by producing Asset & Liability Matching as well as other risk mitigating functions and reporting.

Overview
Education

1. Matric – Essential
2. Higher certificate/Diploma: Accounting – Recommended

1. 2 - 3 years retirement fund accounting experience - Essential
2. Computer literate in MS Office Suite (Advanced MS Excel requirement) - Non Negotiable
3. Good verbal and written communication skills
4. Proficiency in Excel (v-lookups, x-lookups, macros) - Advantageous

1. Excellent working knowledge of Microsoft packages
2. In-depth knowledge of Excel (Macros advantageous)
3. Analytical thinking
4. Detail-oriented
5. Strong knowledge of customer care processes and techniques
6. Excellent problem-solving skills
7. High attention to detail and accuracy
8. Excellent customer service
9. Excellent communication – verbal and written
10. Strong analytical ability and logical thinking style
11. High sense of accountability
12. Team player
13. Goes the extra mile
14. Flexible and adaptable to change

1. The ability to carry out a business task effectively with determined performance and results within a given time
2. Planning time to achieve goals
3. Strong retirement fund industry knowledge
4. Strong knowledge of the Pension Funds Act
5. Relationship building skills
6. Ability to multi-task
7. Ability to anticipate and manage change
8. Ability to work under pressure
9. Innovative thinking and delivery
10. Problem-solving/investigative mindset for historical queries

1. Quality and timely output of deliverables
2. Compliance with procedures, processes, policies to eliminate possible risk to the fund and Alexander Forbes
3. Accountable for maintaining a portfolio of funds as per entire Alexander Forbes’ processes and procedures

1. Effective communication with 3rd parties to resolve issues
2. Effective communication with external clients to ensure adherence to treating customers fairly
3. Establish strong, trust-based relationships with internal and external clients
4. Effective communication with relevant parties within Alexander Forbes to achieve goals and targets
5. Working collaboratively with other departments to coordinate client interactions and resolutions

1. Performs duties within own area with direction from Specialist/Line Manager
2. Computer literate (Outlook, Excel - advanced level, Word - basic, PowerPoint - intermediate level, Microsoft Teams - intermediate level)
3. Excellent oral & written communication skills
4. Ability to multi-task under high pressure
5. Ability to understand applicable legislation relevant to function
6. Knowledge of retirement funds
7. Demonstrate a track record of building internal and external relationships

1. Responsible for uploading all rate changes onto SharePoint and Khanya
2. Ensure rate change documentation is completed correctly and timely according to procedure
3. Reconciliation and completion of bank reconciliations per procedure
4. Monitoring of unallocated accounts (Risk UA’s) and corrective action taken
5. Producing quality management committee reports (cash flows) per procedure
6. Accurate and timely reconciliation and payment of administration and re-insurance premiums per participating employer monthly
7. Ensure that all risk recons are maintained and kept up to date
8. Ensure risk recons are sent through to all reinsurers once payment has been made
9. Requesting ad-hoc payments timeously according to procedure
10. Requesting ad-hoc switches timeously according to procedure
11. Assisting others in the team when the need arises