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  • Senior Reporting Specialist: Asset Finance - Cape Town - Network Recruitment

    Network Recruitment
    Network Recruitment Cape Town

    4 weeks ago

    Network Recruitment background
    Description

    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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