Fund Financial Accountant – 20 June

To apply, click on the link at the end of the posts and all the best with your applications

The Public Investment Corporation SOC Limited (PIC) is an asset management firm whose
mandate is to make investments in various sectors of the economy on behalf of public sector
entities. Amongst our clients are the Government Employees Pension Fund, the
Unemployment Insurance Fund, and the Compensation Fund. Over the years, we have grown
to be amongst the largest investment managers in South Africa and across the African
continent, with current assets under management of just over R3 trillion. At the centre of our
growth is a team of self-driven professionals who are results-focused.

We are currently seeking applications from dynamic individuals for the following position:

• Position: Fund Financial Accountant
• *Job Grade: D1 – D5
• Ref: COOF001
• Salary: All-inclusive remuneration package negotiable
• Centre: Public Investment Corporation, Pretoria

Purpose of the role:
The Fund Financial Accountant is a key member of the Investment Finance Division, responsible for
delivering strategic financial support to the investment teams. This role focuses on providing highquality accounting, analytical insights, financial reporting, and technical accounting expertise to
enable sound investment decisions and ensure regulatory compliance.

Requirements:

• BCom Honours degree or equivalent qualification in Accounting, Finance, or a related field.
• CA(SA) or CFA designation will be advantageous.
• 5–7 years’ relevant experience, preferably within Asset Management or the Financial
  Services industry

Duties:
Trade Processing

• Ensure all trades are executed, reviewed, reconciled, and accurately reflected through price
  loads across reporting systems

Reconciliation

• Ensure all cash and scrip reconciliations are performed, reviewed, and exceptions cleared
  within one reconciliation cycle

Corporate Actions

• Process and assess all corporate actions accurately, ensuring the correct reflection of fund
  positions and valuations.

Reporting and Client Service

• Deliver scheduled and ad hoc portfolio reports to stakeholders, proactively flagging and
  resolving material issues.
• Manage financial reporting and audit-related processes.
• Calculate monthly management fees, release payments, and support audit processes while
  identifying control improvements.
• Guide and support Junior Fund Accountants, reviewing their work before submission or
  release.

Key Competencies:

• Proficiency in Microsoft Office, including advanced Microsoft Excel skills.
• Knowledge of International Financial Reporting Standards (IFRS), the Companies Act,
  Income Tax Act, PFMA, and other relevant legislation.
• Knowledge of Investment Financial Reporting Systems.
• Strong interpersonal skills.
• Strong analytical skills.
• Excellent communication skills.
• Effective time management and prioritisation skills.
• Strong problem-solving abilities.
• Meticulous attention to detail.
• Stakeholder engagement and advisory capability.
• Project management and planning skills.

Our firm values diversity, and excellence and is committed to the realisation of these across all
operations and investment activities. If you are dynamic, resilient, agile, disciplined and willing to
be part of a team that is focused on creating meaningful change, you are welcome to submit your
application for this position.

Grade Range: The grade range for this position is from grade D1 – D5, commensurate with
applicable minimum requirements.

The PIC is an equal opportunities employer, aligning appointments with the PIC Employment
Equity plan.

Please forward a copy of your comprehensive curriculum vitae, quoting the position reference number to:
Recruitment4@pic.gov.za

We wish you all the best with your applications