Test / Data Analyst

2 days ago


Southern Suburbs, South Africa Evolution Recruitment Full time

**Test/Data Analyst position for an Investment Company in Cape Town, Southern Suburbs**

**Purpose of the position**:

- Works with the operational areas to implement and drive continual data testing, cleaning initiatives and to drive data quality discipline in the organisation

**Key responsibilities**:

- Implement a data testing and monitoring program over in-house (LISP and PWP) and outsource platforms (Peresec and Saxo)
- Implement data tests and reviews to detect and prevent operational and reporting errors
- Drive data clean-up/fixes
- Recommend changes to systems, processes to get data right at source

**Product and Client Tax**:

- Assists the Operation and Tax Specialist to ensure accurate client tax reporting (includes IT3 reporting, withholding taxes, FATCA/CRS ) and five funds tax
- Drive the compilation and execution on the test plans to ensure accuracy of tax calculations and reports - IT3(b), (c) and payroll - IRP5, IT3(a)
- Ongoing monitoring of data for data quality issues and push-back to the operation for remediation
- Review of the business rules, forms, processes, and systems to ensure client tax administration and reporting objectives are met (Input data)
- Ongoing review and monitoring of PAYE calculations and payroll submissions for Living Annuity incomes
- Review of the directive’s deductions and reporting of this via the payroll submissions
- IT3(c) testing
- Review calculations of gains and losses
- Review and testing of complex corporate action processing
- Review for false disposals i.e. transfers handling, fund class switches
- IT3(b) testing - review processing of fund income distributions, dividends, corporate actions. Test reporting
- Endowment/Sinking Fund policies
- Handling of the tax deducts (income, capital gains taxes) for share portfolios (PSPs) within endowment policies
- Review and testing of capital gains tax deductions and end of year ‘true-up’
- Assist in the testing of any system changes that impact client and five funds tax

**Qualification and Experience required**:

- B Com Accounting/ IT Systems
- Minimum 7 years relevant Tax and Testing Experience

**Computer Competency required**:

- SQL and Excel skills
- Competencies required:

- Ability to work with and understand data
- Analytical, logical
- Understanding of the testing process - ie how to devise expected results and test for and problem-solve the anomalies
- Highly numerate

**Knowledge required**:

- Knowledge of financial products and processes ie LISP products - discretionary investments, retirement annuities, living annuities, preservation funds, tax free savings, endowment policies
- Understanding of financial investments - collective investments and shares
- Strong understanding of accounting and tax

Salary highly negotiable depending on experience.


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