Sanlam Group Accounting / Finance Jobs in Johannesburg
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Glacier by Sanlam brings together leading experts and respected financial services companies to meet clients’ investment needs. We deliver focused investment services through specialist teams, partner with acclaimed financial intermediaries and pride ourselves on our superior products and solutions and high-quality service.
We offer a comprehensive range of investment solutions, designed to assist in the creation and preservation of wealth. Our offering encompasses local investments, including fixed-term investments and investments with guarantees, international investments, retirement saving solutions, and retirement income solutions. While each solution has its own distinct purpose, they all share the world-class quality and commitment that have come to distinguish Glacier.
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What will you do?
This role is responsible for managing operational activities and processes related to bank reconciliations, broker and fee activities, and performing reconciliations to the market as confirmed by the Investment Management Company whilst managing risk
Key outcomes
The following outcomes will be expected to be achieved by the Intern Accountant:
- Daily management of bank account
- Processing daily investment and disinvestment instructions timeously
- Compile monthly bank reconciliations and cashflow analysis as per procedure
- Monthly fee reconciliation for a broker commission.
- Administration fee reconciliations are completed timeously.
- Daily commission fees run from Compass.
- Exception reporting and investigation for fee anomalies.
- Monthly upload of global fees/perform conversions.
- General queries i.e. negative fees appearing on daily commission file.
- Performing trail commission reconciliations and liaising with offshore MANCOs for quarterly statements.
- Perform daily reconciliations for transactions captured on line of business system to those transacted in the market as confirmed by the investment managers.
- Identify exceptions or differences and liaise with investment managers and internal business teams to resolve.
- Reconcile transactions on the investment manager recon and submit to the line manager for sign-off
- Prepare asset and liability report between client asset and Investment Management Company held by the investment management companies.
- Prepare stakeholder reports, i.e. Nomco and Board reports.
- Prepare market switches to clear AVL differences.
- Request investment management company statements to reconcile
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Qualifications and Requirements
- Degree or Diploma in Accounting, Finance, Investment or Equivalent
- Must reside in Gauteng
- Must have no prior work experience or have 6 months or less internship/work experience
- Must be 28 years old or younger
Competencies
- Client Focus
- Cultivates Innovation
- Collaborates
- Drives Results
- Being Resilient
- Adhering to Principles and Values
- Highly Analytical
- Adapting and Responding to Change
- Planning and Organising
- Following Instructions and Procedures
- Coping with Pressures and Setbacks
- Adhering to Principles and Values
Attributes
- Positive, enthusiastic attitude
- Teamwork
- Ability to work under pressure
- Honesty, integrity and respect
- Self-starter and self-confidence