Unit Trust Administrator

6 days ago


Cape Town, South Africa Graduate Placements Full time

The Unit Trust Administrator is responsible for daily unit trust pricing, and accurate reconciliations of the unit trust funds, and administration related to the daily activities within the funds. The role is ideally suited to recent graduate with B Com Honours in Financial Analysis and Portfolio Management or similar. This is a 6- month fixed duration contract based in Rondebosch, full-time with flexibility.

The client is a Trust and Investment Management company who offers 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 their own Unit Trust funds to clients, and attend to the accounting and administration internally.

**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

**Requirements**:
**Key requirements for applicants**:

- Completed Honours in Portfolio Analysis and Financial Analysis is preferred
- 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

**Benefits**:

- Full-time with flexibility



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