Job title: LISP Fund Accountant
Job type: Permanent
Emp type: Full-time
Industry: Financial Services (Asset Man, Wealth & Other)
Expertise: Financial Services (Asset Man, Wealth & Other)
Salary type: Annual
Location: Cape Town
Job published: 19-03-2020
Job ID: 34429
Contact name: Katie Schnugh
Phone number: 0215554402
Contact email:

Job Description

Our client, a top investment administrator in Cape Town, has an opportunity for a LISP Fund Accountant with Strong Operational experience. This role will be based in the Finance Unit of the business. The primary responsibility of the Product Accountant will be to perform all LISP, Unit Trust and Taxation functions that includes regulatory tax reporting requirements to SARS and various Stakeholders.



Ideal experience & qualifications

  • A minimum of 3 years LISP experience with strong operational knowledge in the Unit Trust product space will advantageous
  • Knowledge of the applicable LISP and CIS legislative environment
  • Knowledge of tax laws in general for investment, retirement fund and insurance related products, in particular CGT, FFT, DWT and IWT
  • Ideally candidates will have a relevant tertiary qualification such as a B.Com Accounting or specialized Taxation degree, Postgraduate Diploma in Accounting or Postgraduate Certificate in Advanced Taxation

Knowledge & competencies

  • Knowledge of the SARS reporting requirements for FATCA, DWT, IWT, IT3 and INS would be ideal
  • Analytical thinking skills with high attention to detail
  • Excellent numerical, communication and problem-solving skills
  • Critical and problem-solving ability
  • Relationship building and interpersonal skills
  • Ability to self-manage, work under pressure, multi-task, prioritize and meet deadlines
  • Experience with working with various internal and external stakeholders
  • Ability to exercise appropriate judgement and discretion
  • Adaptable, flexible (including flexibility in working hours), self-motivated, results driven, and a quick learner will work well in our challenging and dynamic environment

Software & Systems knowledge

  • Advanced Excel experience
  • Flexcube experience (advantageous)
  • CaseWare or similar
  • Pastel or similar
  • SARS applications
  • Digiata, modules (advantageous)

Main duties & responsibilities

  • Daily banking processes
  • Bank reconciliations and unallocated monies monthly reporting
  • Daily trade order validations and submissions
  • Completion of all account reconciliations for unit recons and capture
  • Daily pricing of funds on the platform
  • Validation and processing of distributions
  • Quarterly statutory reporting (SARB)
  • General Ledger - preparation of month end packs for products
  • Drafting of Trustees Reporting for Retirement Funds on CaseWare
  • Drafting and reviewing financial statements for Retirement Funds on CaseWare
  • Audit pack preparation for the annual audit on Life and Retirement products including Reg 28
  • PAYE monthly, bi-annual & annual reconciliations and payments
  • Compile, reconciliation and submit SARS submission files on a bi-annual and annual basis for IRP5/IT3/RA related reporting
  • DWT/IWT monthly, bi-annual, and annual reconciliation, payment and submission to SARS
  • Annual CGT deductions and payments and related reporting requirements.
  • Annual FATCA and CRS reporting
  • IT88 and ITA88 payments and reconciliation
  • Apply for new Tax Types via E-filing and just emphasis of experience in Efiling for Organizations
  • Tax directive application and Tax Certificates creation and allocations
  • Monthly Four Funds Tax reporting
  • Projects



EE candidates will be given preference.