Senior Fund Accountant at Sanlam




Permanent Senior position

Centurion, Gauteng

About the Position

What will you do?

  • Management of Fund Accountants that reports to the specific Senior Fund Accountant position
  • Training and coaching of Fund Accountants in the Fund Accounting Department
  • Weekly high level review of triangle and bank reconciliations prepared by Fund Accountants
  • Monthly high level review of the general ledger reconciliations.
  • Assisting with and resolution of queries relating to triangles, bank reconciliations and general ledger reconciliations not resolved by the team.
  • Opening and closing of fiscal periods per fund allocated
  • Review of the Monthly/Quarterly trustee reports consisting of administration and financial information.
  • Ensure timely distribution of Trustee reports as per the agreed service level agreement
  • Compilation and/or review of several reports (EXCO and other reporting relating to service level agreements)
  • PAYE – co-ordinating the timely bi-annual IRP5 reconciliations, payments and submissions to SARS
  • Ensure timely, accurate and valid payments of
    fund creditors and expenses in line with fund rules and supporting documentation
  • Compilation of monthly Bank declaration and bank analysis
  • Review of the calculation and management of adhoc expense recoveries from member records relating to specific funds
  • Review and assist with the drafting of Annual Financial statements on the Caseware program and the preparation of audit files
  • Preparation of the audit plan and management of the prepared plan to ensure that all the departments involved in the audit of the fund complies with the audit plan.
  • Complete year-ends on MIP within one month after financial statements are submitted to the FSB
  • Interact with various departmental managers across the business to ensure timely delivery or required audit plan information
  • Assistance with the queries raised by the actuaries, auditors, trustees and audit committee members of the funds
  • Preparation of audit committee meeting and trustee meeting information to be included in the packs
  • Reduction in internal and external audit findings over time
  • General assistance to the Fund Financial Manager where necessary
  • Be involved in business projects from time to time

Qualification & experience

  • B Com with Accounting III as major in final year
  • B Com Honours and CTA would be an advantage
  • 3 to 5 years relevant experience

Knowledge and skills

  • Good knowledge and experience in the preparation of financial statements
  • Caseware experience will be to your advantage
  • Proficient in Microsoft Office (Excel, Word, Outlook etc.)
  • Sound knowledge of financial statements and IFRS requirements
  • Knowledge of legislation applicable to the retirement fund industry
  • Previous retirement fund experience will be advantageous

Personal qualities

  • Ability to work under pressure
  • Ability to investigate, analyse, reconcile and solve problems
  • Time management skills
  • Interpersonal and communication skills
  • Strong attention to detail and proactive attitude with a drive to excellence.
  • Ability to integrate information from various sources
  • Ability to analyse and improve processes
  • Positive, innovative, energetic, creative and a strong team player
  • Presentation skills
  • Management skills
  • Mentoring & coaching of Fund Accountants
  • Target /results driven
  • Ability to motivate a team and implement change

Desired Skills

  • Senior Fund Accountant
  • Fund Accountant
  • Fund Rules
  • CaseWare
  • Financial Statements
  • CTA

Closing Date: 24 may 2018



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