Job Expired

Finance and Recons Administrator (Prescient Fund Services) needed at Prescient

Job title : Finance and Recons Administrator (Prescient Fund Services)

Job Location : Western Cape, Cape Town

Deadline : April 07, 2024

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  • Perform daily and monthly cash reconciliations on bank accounts
  • Understand the Unit Trusts Manco environment
  • Ensure all unallocated cash is reported and investigated
  • Perform reconciling of daily payments
  • Processing and reconciliation of Fees and clearing thereof
  • Ensure sufficient cash is available in the physical bank account before transfers
  • Arrange for intraday facility with banks where necessary
  • Capturing to online banking platforms
  • Ensure Transfers are debited and credited timeously
  • Ensure payments are made timeously and accurately
  • Assist auditors internal and external with documentation required for the auditors to do their job satisfactorily
  • Ensure resolution of internal and external queries
  • Identify and report any payment or collection failures
  • Responsible for setting up and closing bank accounts as part of Fund Maintenance


  • Relevant experience of at least 3-5 years in a related reconciliations role within Financial Services/MANCO client service environment is essential 
  • Sound foundational understanding and exposure to the various applicable legislation including but not limited to:
    • UT Manco environment and operations
    • Knowledge of reconciliations in the Manco to Inflow & Outflow accounts
    • Excel intermediary


Relevant tertiary qualification required.

System Exposure

  • MS Office
  • Exposure to investment systems and workflow tools preferred 


  • Highly methodical and can working within specific processes and structure
  • Ability to work under time pressure around submission deadline times
  • Highly organized and good time management skills 
  • Strong problem-solving ability 
  • Ability to work under limited supervision
  • Positive team player 
  • Enthusiastic and client centric attitude
  • Excellent communication skills both written and verbal
  • Accuracy and attention to detail
  • Honesty and integrity

How to Apply for this Offer

Interested and Qualified candidates should Click here to Apply Now

  • This job has expired!