Asset Reporting Specialist

Cape Town
Salary: Market Related
Job Type: Permanent
Sectors: Accounting
Reference: NFR005299/PvdB

Apply before Dec 28 2024 | 25 Days left

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Vacancy Details

Employer: Network Recruitment

This company, based in Cape Town, helps individuals build and secure their financial future by growing their savings, safeguarding what’s important to them, and making informed investment decisions. They are looking for an Asset Reporting Specialist with extensive experience reporting on IFRS 7 and IFRS 10 to join their team.

Key Responsibilities:

Verify the financial investment asset reporting data received from source providers for accuracy, completeness, and reasonableness.
Ensure all queries are either resolved satisfactorily or corrected by the relevant business areas.
Organize, enrich, and analyze large volumes of data.
Stay technically proficient in IFRS and FSCA reporting requirements.
Deliver meaningful analysis and detect potential errors through reasonableness checks.
Ensure reports are accurate and delivered on time.
Accurately interpret new financial instruments for correct accounting treatment under IFRS and ensure appropriate classification for reporting to statutory bodies.
Update JDE and other relevant accounting/reporting systems with accurate investment data.
Upload enriched data to reporting platforms for FSCA purposes, such as QRTs.
Perform monthly reconciliations of general ledgers and other reporting requirements.
Act as the primary contact for client queries, focusing on issue resolution.
Prepare IFRS7 working papers in the agreed format for all legal entities on the company's platforms.
Assist the Group Reporting Team with compiling valuation techniques for annual financial statements.
Provide S&P national scale credit ratings in the required format for all legal owners on GIS platforms.
Oversee tax-related administrative functions such as CGT, S24J, and DWT.
Handle IFRS10-related responsibilities, including completing fund consolidations within scope, preparing IFRS7 working papers, and supplementary packs for fund subsidiaries.

Qualifications, Experience and Skills:

Relevant BCom Degree with a Chartered Accountant (CA) qualification.
At least 7 years of experience in financial services, ideally within Asset Management or Life Insurance.
Strong expertise in financial instruments.
Solid understanding of asset management administration systems.
Extensive knowledge of IFRS7, IFRS10, and general accounting practices related to investment assets and financial instruments.

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About Network Recruitment

Network Recruitment

Network Recruitment is a leading specialist recruitment company in the fields of IT, Finance and Engineering.

Since our establishment in 1987, we have been at the forefront of the specialist recruitment industry. Network Recruitment’s key to success is the focus on delivering superior quality service by developing and maintaining an exclusive focus on sourcing high-calibre skills for medium-sized to JSE-listed companies operating in these three niche sectors across South Africa.

Our experience in permanent and contract-based recruitment enables us to provide you with recruitment solutions that meet your long- and short-term needs.

Network Recruitment is a division of ADvTECH Resourcing, the recruitment arm of the national JSE-listed ADvTECH Limited Group a leader in quality education, training, skills development and placement services.