Junior Fund Accountant

LiquidCapital is a world leader in its field of specialisation offering a variety of financial products for motor vehicles. LiquidCapital aims to creatively solve problems and add value to people by ensuring Mobility for Good.

LiquidCapital forms part of the Motus Group, a leading JSE listed Company in the Automotive Industry where performance is driven by three keystones, 1. Leaders, 2. Innovation & 3. Customer Champions.

LiquidCapital is seeking to employ a qualified and experienced Junior Fund Accountant. The successful candidate will join a dynamic and highly skilled Fund Management Team.

The successful candidate will report directly to the Fund Manager.

JOB DESCRIPTION:

Successful candidate will play a role in ensuring accuracy and integrity in fund-related transactions and reconciliations. This includes:

• Completion of reconciliations between the operations system and financial system.
• Preparation of month end journals to reflect accurate accounting for revenue recognition, expense accruals and fund provisions based on business requirements and accounting standards.
• Analyse fund related transactions, identify discrepancies and provide actionable insights.

SPECIFIC ROLE RESPONSIBILITIES:

• Preparation of month end journals for funds transactions
• Complete reconciliations of funds between the operations system and financial system within strict deadlines and rectify errors identified
• Identify, analyse and correct both system-related and human errors found between the operations and financial system
• Calculating monthly profit and loss on terminated plans
• Collaborate and follow up on any matters arising from the Business Intelligence, Policy Admin, Creditors and Debtors departments and action accordingly
• Scrutinise and maintain data integrity by checking for errors and validity of the data
• Work with actuarial team to ensure that actuarial reports agree to financial reports
• Preparation of JV calculations and management accounts and ensuring pay-outs are made as per agreement
• Ability to interpret and explain trends, discrepancies and inconsistencies
• Analysis of funds for trends, anomalies, etc
• The functions and responsibilities listed here may be changed at any time depending upon operational requirements of the employer and including ad hoc tasks

QUALIFICATIONS AND EXPERIENCE:

• Bachelors degree in accounting
• Minimum of 3-5 years work experience

SKILLS AND PERSONAL ATTRIBUTES:

• Ability to work with big data in a high-pressure and performance environment
• Strong analytical and diagnostics skills to draw insights
• Well-developed numerical reasoning and interpretation skills
• Attention to detail and accuracy
• Inquisitive mind
• Deadline driven and strong sense of urgency
• Must be able to multi-task and adapt to change
• Team player with an ability to build and maintain relationships with stakeholders
• Proactive and takes accountability for responsibilities
• Agile and resilient
• Ethical, honest and autonomy
• Proficiency in MS Office with Advanced Excel skills
• Must be tech savvy and be able to pick up systems quickly
• Own and live up to the company values