Accountant: Pensions Administration

The main purpose of this position is to perform accounting and reporting responsibilities within the Pension Administration section of the South African Reserve Bank (SARB), ensuring the accuracy and completeness of pension administration accounting and reporting information as well as compliance with legislation, regulations, rules and relevant policies.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Prepare the monthly management financial statements, annual financial statements and the annual report of the SARB Retirement Fund.

• Present the SARB Retirement Fund’s monthly management financial statements, annual financial statements and the annual report to the Board of Trustees and its subcommittees.

• Review and perform first-level authorisation of reconciliations, payments, accounting transactions and data entries captured by the pension administrator, ensuring accuracy and completeness.

• Communicate complex pension-related accounting matters clearly to ensure stakeholders understand fund processes and policies.

• Keep abreast with developments and changes to pension legislation, to ensure alignment of the reporting to the new legislative requirements.

• Enforce adherence to controls and processes ensuring that team tasks are completed within compliance standards.