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Technical Data Analyst

Fantastic opportunity exists at a global Fund Services company. In this role you will be responsible for assisting the Ops and Development team in the smooth running of functional processes.

  • Consolidating processes using applications such a Alteryx and SQL to assist ops with NAV reporting and Fund Accounting processes
  • Assist automation of manual tasks
  • Identify and develop and execute data analysis

Technical skills:

  • Alteryx
  • Jira
  • VBA and Excel
  • Snowflake
  • Accounting package

Experience required:

  • Tertiary qualification in information systems
  • Investment Admin or Asset Management exp
  • Skills in programming

 

 

Senior Manager: Funds

Our client is looking to hire a Senior Manager: Funds

  • Qualified Accountant CA(SA) or B.Comm Accounting with proven fund accounting experience
  • Proven track record in a similar role
  • Management and leadership experience developed from previous roles
  • Strong people management experience and the ability to inspire and develop staff members
  • Experience working closely with senior management.
  • Ability to work in a demanding, pressurised environment to tight deadlines
  • Proven ability to build relationships across all levels of the business
  • A high level of technical ability is expected

Key accountabilities

  • Plan and monitor resources and capacity within the allocated ops team to ensure that all deliveries are maintained and service levels upheld
  • Manage and monitor the ongoing training, coaching to ensure the continuous development of staff in the allocated ops team (this includes the performance management of all team members)
  • Organise and hold regular meetings with your allocated ops team and each individual member (one-on-one’s) to ensure regular communication.
  • Manage all activities within the allocated team in an positive effective way to instill a positive, solution oriented work environment within the team (this includes managing/monitoring the resolution of all issues and concerns applicable to the relevant team)
  • Prepare and report Management Information (MI) on a monthly and ongoing basis to the Associate Director Traditional Funds and MD in order for effective monitoring and reporting of the team’s operational performance.
  • Report to the Associate Director, Managing Director, Compliance and Risk Manager any compliance, service delivery or other breaches and/or errors according to specified procedure and reporting requirements to ensure effective escalation and timely resolution thereof
  • Participate in business improvements across processes, controls and systems to ensure they are effectively implements within the allocated ops team. This includes the monitoring, initiating and participating in any risk reduction/efficiency gaining projects impacting the ops team.
  • Manage and build a relationship with the clients in the team portfolio and actively drive and monitor service improvements to ensure client satisfaction. This includes overall responsibility for NAV delivery, SLA’s, KPI and Admin reporting to clients, client query and request resolution, as well as the monitoring and where required participation in the financial statements and audit process.
  • When required, project manage the take-on/launch of all new funds/clients allocated to the relevant ops team to ensure operationally the team is ready (Ops Managers should take overall responsibility for the operational readiness) and a relationship is established with the client.
  • Investigate, report and implement the required corrective and/or preventative action for all operational errors and incidents which occurred in the allocated ops team to ensure successful resolution and management of the error or incident.
  • Where it is not possible to delegate to a Supervisor or an Assistant Manager, check and authorise payments (as an A Signatory) to ensure the payment has been correctly prepared and correct instructions are processed.
  • Where it is not possible to delegate to a Supervisor or an Assistant Manager, check and approve valuations (as an A Signatory) to ensure all the required information has been captured and processed correctly resulting in the expected NAV movement.
  • Provide guidance and support to Assistant Managers and Managers
  • To be a senior leader in SA business and make a contribution at a senior level across all levels of the business.

Assistant Manager: CoSec

Our client is looking to hire an Assistant Manager, reporting to a Manager within the Alternative Assets division, to have responsibility for the preparations of accurate portfolio valuations on a timely basis.

Requirements:

■ Hold or studying towards a professional qualification such as ICSA, CSSA or equivalent with:
■ Strong Administrative skills;
■ High level of integrity and trust with confidential information;
■ A proven record of commitment to professional and client services excellence;
■ A minimum of 4 years trust or funds experience in a professional environment;
■ Knowledge of offshore regulatory requirements;
■ Proficient user of Microsoft Office suite;
■ Support the company in delivering excellent service;
■ Impeccable written and oral communication skills;
■ Excellent organisational and prioritising skills;
■ Motivated and driven;
■ Excellent attention to detail and high levels of accuracy.

Senior Fund Accountant – Private Debt & Capital Markets

Our client is seeking a Senior Fund Accountant to join their Alternative Asset Services division and to have responsibility for the preparations of accurate portfolio valuations on a timely basis. The role will be responsible for the preparation/overseeing of a number of client portfolios (underlying accounting, financial statements preparation, regulatory requirements) including the development and mentoring of more junior team members.

Requirements
■ Registered accountant with SAICA; no post article experience required 0r BCom degree with minimum of two years fund related experience
■ Proficient in MS Excel;
■ Structural and detail orientated;
■ Good analytical and problem-solving skills;
■ Excellent interpersonal and teamwork skills;
■ Ability to prioritise work and meet strict deadlines;
■ Excellent communication and organisation skills;
■ Motivated and driven;
■ Minimum of 2 years fund related accounting experience and
■ Private Debt and Capital Markets knowledge will be a distinct advantage.

Finance Manager

Our client is looking to hire a dynamic and hard-working FM to join their small team.

The Finance manager has overall accountability for the finance function. They should manage the finance function and organisational funds in such a manner as to maximize return on investment while minimizing risk, and while also ensuring that an adequate control structure is in place over the organisational spend and utilisation of funds. Financial analysis, cost accounting, pricing and deal mandate support, budgeting and forecasting, cost optimisation programmes, operational performance reviews, monthly reporting as well as ownership of the annual audit all form part of the role. The function will also provide financial oversight and management of any associated international businesses by virtue of a shared service function.

Basic Function:

  • Financial leadership to the organisation
  • The Finance Manager will analyse every day financial activities and subsequently provide advice and guidance to management on future financial plans
  • The goal is to enable the company’s leaders to make sound business decisions and meet the company’s objectives

Management:

  • Maintain a documented system of accounting policies and procedures
  • Manage outsourced functions and providers

General Responsibilities:

  • Overall accountability for Finance function and team
  • Maintaining the financial health of the organisation
  • Analyse costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans
  • Develop trends and projections for the firm’s finances
  • Set goals and objectives, and design a framework for these to be met
  • External audit
  • Correspond with various other departments, discussing company plans and agreeing on future paths to be taken
  • Management of company trade finance funding
  • Issue purchase orders in accordance with the company’s delegation of authority

Financial Record Keeping:
Ownership of all financial record keeping in both financial reporting packages (XERO) as well as stock management systems (DEAR & AS1)

  • Management of all manual journal entries (incl sign off from Group CFO)
  • Raw materials receipt & capture (incl. price variances)
  • Reconciling retail debtors payments
  • Stock replenishment transport approvals
  • Monthly stock balancing across owned and outsourced third party warehouses.

Funds Management:
Weekly cash flow forecasts modelling both sales inflows, capital inflows, trade finance exposures and payables.

  • Fortnightly reporting to trade finance partner of stock and debtors book details and management of cashflow requirements relative to facility.
  • Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
  • Explore the use of hedging to mitigate financial risks related to foreign exchange positions as well as on the interest rates on the company’s borrowings (if applicable)
  • Maintain banking relationships
  • Assist in determining the company’s proper capital structure
  • Arrange for equity and debt financing
  • Daily sweeping and investment of surplus funds

Budgeting and Forecasting:

  • Manage the preparation of the company’s annual budget and 3-yr plan from timetable planning through preparation to reporting.
  • Assist management in the formulation of its overall strategic direction

Monthly Financial Reporting:

  • Ownership of monthly reporting calendar
  • Responsible for month-end, interim-end and year-end close for assigned functional areas
  • Delivery of monthly financial reporting pack to management including commentary obtained from various functions
  • Variance analysis of key financial ratios with narrative of key variances from both budget and prior year
  • Gross Margin Analysis
  • Monthly analysis of cost of goods sold and operational expenses against prior year and budget, providing explanations and business solutions to help mitigate the risks
  • Interpret the company’s financial results and recommend improvement opportunities
  • Submission of management reporting packs to relevant stakeholders
  • Monthly detailed volume reporting (sell in volumes) and support of sales function for “sell out” dashboard reporting

Pricing management:

  • Maintain company value chains across all SKU’s, channels and customer groups
  • Assist in the determination of product pricing in relation to features offered and competitor pricing
  • Assist in evaluation of deal pricing (sell in deals, promotional deals, SALLYs etc)
  • Loading of deals onto customer portals (e.g. PnP SALLYs)

Receivables management:

  • Maintain relationship with external credit guarantee company
  • Oversee the extension of credit to customers
  • Weekly tracking and reporting of debtors aging, including credit limits, highlighting risks
  • Ongoing debt collection management

Cost accounting:

  • Detailed price and usage variance analysis on all raw material purchases and third party production runs
  • Ownership of detailed BOM’s and standard costs
  • Engage in benchmarking studies to establish areas of potential operational improvement
  • Ongoing cost reduction analyses across all areas of the company, including value engineering on existing and future packs/products

Tax:

  • Review and manage all aspects relating to SARS including correspondence and submissions on e-filing as well as payments
  • Processing and submission of VAT returns
  • Monitor and chase refunds as required
  • Ensure compliance with all staff and payroll related tax payments
  • Annual tax computations

Other responsibilities:

  • Maintain a safe and clean work environment
  • Understand and follow company rules and regulations
  • Perform all other duties as assigned and required
  • Assist with ad hoc business projects
  • Monthly review of payroll and processing of journals in the general ledger
  • Liaise with HR with regards to outsourced payroll and other HR related matters
  • Partner with Operations and Marketing Team in determining financial impact due to product cost reductions, new product roll out, etc. and prepare periodic forecasts to update management on projected results
  • Identify, investigate, and analyse potential operational improvement. As appropriate, based on findings make proposal for operational changes (policy, procedures, processes, etc.)
  • Maintain digital repository of all trading terms and customer agreements
  • Review and maintain sufficient insurance cover across all key aspects of the business – including maintaining relationship with key insurance brokers
  • Create additional analyses and reports as requested by management
  • Support business with laptop/tablet/printer set up and minor IT profile maintenance issues
  • Overall fixed asset management/recording
  • Ownership of BBBEE status reporting and
  • CIPC reporting and compliance
  • Staff performance management and development

International Shared Service Centre

  • Provision of back office finance services to international affiliate companies
  • Management of third party back office service providers
  • Consistent reporting of global performance across all territories including South Africa

Key Attributes

  • CA (SA) or equivalent financial qualification
  • Minimum 3 – 5 years’ experience – with a manufacturing / FMCG background
  • Experience handling all aspects of finance, financial reporting and management
  • Strong leadership skills as the role is a key leader in the business
  • Advanced excel skills with the ability to quickly capture and manipulate data (incl using pivot tables)
  • Analytical with detailed focus but with the ability to think strategically to provide direction for management and the company
  • Work under pressure
  • Strong communication skills, both written and verbal, with the ability to convey complex information to a broad audience
  • Strong interpersonal skills with the ability to work independently and within a team environment
  • Well-organized and responsible with an aptitude in problem-solving
  • Prioritizing, time management and organizational skills
  • Enthusiastic team member with excellent people skills -ability to connect with and nurture relationships with clients, customers, colleagues, suppliers, and service providers

Risk & Compliance Analyst

Our client in the Investment industry is looking to recruit a Risk and Compliance Analyst to join their small team

Main purpose: To contribute to the development of new risk management techniques and the improvement of processes, as well as integrate subject matter and industry expertise within the Fund. To influence decisions through risk and compliance risk management.

 

Key Outputs:

  • Participate in the application of risk and compliance policies and tools;
  • Contribute to risk assessments and drive actions to address the root cause;
  • Facilitate information risk, market risk and operational risk control self-assessments;
  • Challenge both historical and proposed practices with the aim of driving efficacy and improvements;
  • Provide governance and oversight within defined areas;
  • Facilitate training on risk and compliance topics;
  • Ensure the Fund is in compliance with all laws, rules and regulations that are applicable to the Fund;
  • Act as a Subject Matter Expert to senior stakeholders and/or other teams w.r.t. risk management and compliance;
  • Operational due diligence analysis;
  • Second line assurance; and
  • Perform ad-hoc tasks delegated by line manager.

Human Competencies:

Candidates should be fully proficient in English. Candidates should possess good communication skills, both written and verbally. Diplomacy skills (tactful). Ability to operate with a limited level of direct supervision (after 6 months of occupying the role). Analytical skills and advanced Excel skills. Ability to exercise independence of judgement and autonomy. Should be able to apply sound ethical judgement regarding personal behaviour, conduct, and business practices. Escalate, manage, and report control issues with transparency.

 

Education & Experience: BCom or LLB degree. Minimum 7 years financial services risk and compliance experience in the banking, or insurance, or pension fund industry. Performing risk assessments and privacy impact assessments. Exposure to regulatory bodies (SARB, FSCA). Deep dives and assurance reviews. Training facilitation. Risk reporting (including risk events, and dashboards). Market risk, information risk and operational risk experience. Due diligence. Performed a risk role in terms of the second line of defence.

Newly qualified CA/Supervisor

Opportunity to work for a global investment company with extensive opportunity for career growth. The primary function of a Supervisor is to check and supervise the tasks required to successfully complete the accounts / valuation.  In certain circumstances a Supervisor may also be required to perform the following tasks:

Check and authorise payments to ensure the payment has been correctly prepared and the correct instructions are going to be processed.

Check and approve valuations to ensure all the required information has been captured and processed correctly resulting in the expected valuation movement.

Supervise others to ensure the accuracy, completeness and timeliness in performing the following functions:

•           Reviewing and ensure all documentation are in place for investment purchases and sales / distributions

•           Executing investment purchase transactions

•           Setting-up and capturing of investments on Investran

•           Monitoring of distributions / sales proceeds receivable and capturing of these on Investran

•           Preparation of accurate quarterly (pre fair market value and post fair market value) accounts (including capital statements for investors)

•           Preparation of accurate expense and accrual calculations, including management and admin fee calculation

•           Performing weekly cash reconciliations and proper investigation and resolution of any reconciling differences

•           Performing daily cash management (including preparing payment and transfer instructions) and updating the cash transactions on Investran

•           Capturing daily cash movements as well as trades and updating transactions in Investran

•           Investigating and answering queries with auditors and clients

•           Ensuring compliance with company policy and procedures; client service level agreements and internal controls

 

Project Manager and Business Analyst

Conova is a financial recruitment agency based in Cape Town and has clients in the financial services and Asset Management industry looking for experienced Business Analysts and Project Managers.
Positions would incorporate some or more of the following duties:

Business Analyst skills
• Enterprise Analysis
• Presentation, Facilitation and workshop management
• Requirements gathering
• Problem solving and analysis
• Defining and managing Solution Scope
• Documenting requirements (Business and Functional)
• Process and Information Modeling
• Interface analysis and design
• Agile Analysis and design
• Stakeholder management
• Use Case management
• Testing management
• Translating Business requirements to IT

Project Management Skills:
• Enforce the Project Management Life Cycle
• Business Case Management
• Create & manage project plans
• Define project schedules, allocate resources and monitor progress
• Align project objectives with company goals, and make sure project team is clear on objectives
• Deliver and install technology solutions
• Help project team with the design and development tasks

Compliance Officer

The purpose of this role is to assist the Head of Governance, Governance Team and External Compliance Officer with group governance, risk and compliance.

Compliance

  • Expert knowledge of FAIS and CISCA and all the regulations
  • Good understanding of FICA and POPIA
  • Good understanding of FX
  • Assist in implementing and maintaining Policies
  • Assist with mandate compliance and mandate monitoring
  • Analysis and implementation of regulatory changes
  • Assist in the implementation of new legislative requirements
  • Provide training or prepare material on regulatory changes
  • Review of Investment Partner FAIS documents
  • Assist with Representative and KI applications
  • Assist with FSP applications

Technical support

  • Legal & Technical query management
  • Second pair of eyes on all agreements
  • Second pair of eyes on all policies

Other

  • Must be able to prepare and deliver presentations on topics such as changes in regulations or new developments which impact on our business
  • Attend Investment Committee meetings periodically
  • Ad hoc projects

The ideal candidate will tick the following boxes:

Excellent interpersonal skills – must be comfortable presenting to groups
Team player
Good attention to detail
Excellent operational efficiency
Personal accountability
Hardworking
Positive
Be able to multi-task

Financial Analyst

An opportunity has arisen for a Financial Analyst to join a Fund Services Finance team with one of our clients.

The responsibilities for this position involves meeting deliverables related to a broad set of financial analysis in support of the firm’s decisions and strategic direction. Analysis could relate to client, division, and / or service profitability, assessment of business cases, new business assessments, analysis of corporate related initiatives as well as financial planning across the Fund Services business unit. The successful candidate will be required to support and deliver analytical assessed outputs with related metrics, financial models and relevant reporting of evaluations.

The successful candidate will have some or all of the following:

• A B.Com Honours, B.Bus.Sc (Finance/Accounting), CIMA or similar tertiary qualification;
• Seven years or more financial services experience including;
• Previous experience in engaging with senior stakeholders and act as liaison for finance;
• Previous experience within operations and / or the sales process;
• Previous experience working with financial models, management accounts, databases and analysis;
• Previous experience with engaging across a wide network of business areas.

The successful candidate will be expected to:
• Using existing and new models, analyze past results, perform variance analysis, identify trends, and make recommendations for improvements across the Fund Services business unit;
• Maintain a strong financial analysis foundation in creating forecasts and models by documenting the design, development and delivery of the various frameworks, processes and models across business;
• Assist with establishing the data structures and management information reporting that will require working closely with IT teams to design web based (AI/PowerBI) innovative reporting systems that enable effective decision-making regarding client, division and service analysis;
• Support and collaborate with Business Management as a Finance team member through budgeting, financial management, forecasting, ad- hoc analysis and the assessment, review and communication of business performance; • Evaluate financial performance by comparing and analysing actual results with plans, budgets and forecasts to present results to management teams. Understand and evaluate the key Finance reports, management accounts, legal entity reports and processes in order to enable the accurate incorporation of financial information to produce variance analysis and management commentary that is underpinned by appropriate financial metrics and drivers;
• Support Business Management, Client Management and Business Development with detailed costing models and analysis to be utilized in the establishment and / or review of new and existing rate cards and manage the process to attain sign-off of results;
• Analyze financial data and create financial models and other reports as management may require for decision support which includes understanding the key Operational business line models, services and processes in order to interpret the commercial impacts, themes and trends driving costs within the relevant models and frameworks;
• Provide analysis of trends and forecasts and recommend actions for optimization. Aid in the form of process management, reviews and comprehensive documentation of outputs within supporting all key current and future business initiatives across the firm;
• Assist with analysis of corporate activities and initiatives in support of Maitland’s strategic goals;
• Work closely with the accounting team to ensure accurate and aligned financial reporting and support the finance team with the year end audit process annual report submissions as well as drafting of financial statements.
An understanding of the following is considered essential:
• Asset management industry and key regulatory bodies;
• Administration service offerings and product knowledge within Fund Services;
• Solid understanding of the end to end financial accounting lifecycle including accounting standards, practices, general ledger and trial balance structures and finance processes;

The following attributes are required;
• Solution orientated and strong problem solving skills;
• An aptitude for working with systems;
• Highly numerate and detail orientated;
• Excellent communication skills;
• Strong interpersonal skills;
• Confident, enthusiastic and self-motivated;
• Excellent co-ordination and planning skills to achieve set timelines;
• CaseWare knowledge;
• A track record of achievement.