TRUST FUND ACCOUNTANT wanted Alexander Forbes 2391 views

 

Trust Funds Accountant (Level 2)

Alexander Forbes Financial Services Botswana (Pty) Ltd is inviting interested candidates to apply for the position of Trust Fund Accountant. The individual will join a team reporting to the Pension Fund Accountant Supervisor.

The role

• Effective management of AF Trust accounts, performing all Fund required tasks and ensuring they are completed timely and effectively in line with procedures and processes.
• To ensure that an accurate set of record of the fund is being kept and that every transaction is being correctly allocated in the General Ledger
• To ensure that the fund’s bank account is monitored on a regular basis and any discrepancies queried immediately with the relevant parties.
• To ensure that investment instructions are timeously actioned to avoid Professional Indemnity exposure.
• Performing adhoc tasks as allocated by the Supervisor and PF Accounts Manager

Key Performance Areas

• Quality production of Bank Reconciliations
• Ensuring Bank balance and cash management completed in line with current procedures to mitigate risks of claims against AF
• Timely and accurate execution of Investment/ Disinvestment instructions
• Timely payment of all expenses, ensuring all invoices are authorised prior to payment.
• Ensure the correct treatment and payment of taxes eg WHT, VAT, etc.

• Ensuring allocation of all expenses to the correct ledger codes in the general ledger.
• Update of monthly control schedules
• To prepare accurate and timely Annual Financial Statements
• Accurate preparation of quarterly management accounts
• Accurate and timely preparation of Quarterly and Annual Returns
• Accurate and accurate monthly reconciliations
• Preparation of year-end audit file

Interested candidates will need to demonstrate the following:

Qualifications/ Experience

• AAT qualified or Accounting Degree,
• Registered member of BICA
• 0-2 years accounting experience
• Retirement Fund Accounting experience will be an added advantage

Knowledge and Skills

• Prior accounting experience in a working environment
• Computer literate in MS Office suite
• Knowledge of Accounting packages
• Basic Risk management skills
• Problem solving
• Ability to multi-task
• Ability to work under pressure