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Unitisation Accountant

Employer
Moving Heads Personnel
Location
Cape Town City Centre Cape Town, 2000 Cape Town Region, South Africa
Salary
Competitive
Closing date
Sep 15, 2024
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Job Role
Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Introduction
EXPERIENCE IN THE FINANCIAL SERVICES SECTOR IS ESSENTIAL
Duties & Responsibilities
Responsible for the unitisation of all funds administered the retirement administrators.

Unit price calculation and update member administration system.

Daily investment and disinvestments to and from asset managers.

Import daily cash flows from administration system.

Import market values from stadium and maintain growth variances.

Internal transfers of cash between bank accounts.

Rebalancing of funds within predefined rules.

Maintain percentages on system between funds and sub-funds.

Daily reconciliation of outstanding cash flows.
Desired Experience & Qualification
BCom Degree or equivalent with a Mathematical Degree being an advantage.

Min 3 - 4 years' relevant experience.

Knowledge of retirement fund industry, stock exchange, financial markets and unitisation system

The following experience is essential:

Pricing of unit's and High Port system (pricing system)

Pension and provident fund background

ALM's experience (Asset Liability Matching).
Package & Remuneration
Negotiable

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