Unit Trust Administrator

7 months ago


Southern Suburbs, South Africa Merand Corbett & Associates Full time

Western Cape, Southern Suburbs

Market related salary includes pension & medical aid

A client-focused Trust and Investment Management company providing financial planning and investment advice and services to clients planning for, or already in their retirement years.

They offer a full range of financial services including: Investment & Portfolio Management, Offshore Financial Services, Trustee Services, Retirement Planning, Local & Offshore Money Market, Estate Planning, Tax Services and Wills. They also offer its own Unit Trust funds to clients, and attends to the accounting and administration of said unit trust internally.

About the job:
This new vacancy has been created in our Investment Administration team, at our offices in Rondebosch.

This entry-level opportunity role is responsible for daily unit trust pricing, and accurate reconciliations of activities related to the smooth running of the unit trust funds, and all tasks related thereto. Role is ideally suited to recent graduate with Accounting at a tertiary level, and/ or graduate with B Com Honours in Financial Analysis and Portfolio Management or similar.

Key responsibilities include:

- Valuation and pricing of in-house unit trusts
- Accurate and timeous bank, portfolio and scrip reconciliations
- Monthly reporting to ManCo
- Preparation of monthly performance figures and factsheets
- Calculate and manage income distributions to unit holders
- Accountable for control of custody and brokerage accounts
- Co-ordinate and execute fund of fund switches
- Settlement of trades
- Preparation of monthly fund accounting records
- Financial year-end audit preparation
- Preparation of daily portfolio compliance reports

Key requirements for applicants:

- Relevant tertiary qualification a necessity: B Com (Accounting) or similar
- Completed Honours in Portfolio Analysis and Financial Analysis is preferred
- Experienced Unit Trust Pricing specialist (without qualification, if needed) will also be given

preference.
- Computer literacy a necessity: including MS Excel (advanced)
- Previous unit trust administration experience, previous experience of unit trust pricing an advantage
- Accurate and deadline oriented
- For more information please contact:

- Carin Walters


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