Portfolio Accountant

SUMMARY:
The Portfolio Accountant will be responsible for the accurate management, reporting and analysis of the company’s investment and loans portfolio.

POSITION INFO:

Role Summary

The Portfolio Accountant will be responsible for the accurate management, reporting and analysis of the campany’s investment and loans portfolio. This role oversees the full portfolio accounting function, including reviewing disbursements, approving payments, performing monthly and quarterly portfolio reporting as well as ensuring integrity of reconciliations. In addition, the incumbent will manage loan and investment portfolio cash flows, impairment assessments, fair value adjustments as well as the application of relevant accounting standards and policies across various financial instruments.

Outputs

General Responsibilities

• Review of disbursement packs and approval of payments to investees.
• Portfolio reporting and providing the business performance trends analysis monthly, quarterly and part of annual financial statements
• Review of portfolio reconciliations monthly
• Management of loans management systems and all relevant processes and relationships
• Manage / control loans portfolio cash flows, impairments and reporting requirements
• Manage / control investment portfolio cash flows, fair valuation adjustments and disclosure requirements
• Application of appropriate accounting policies and standards for various investment instruments
• Attend to internal and external client queries
• Data and records management
• Understanding of corporate, structured and project finance

Risk and Compliance:

• Regulatory compliance and reporting to PFMA, National Treasury regulations and DTIC requirements
• Application of GRAP and/or IFRS requirements and risk management principles
• Ability to apply risk analysis models and matrices, esp. Impairment and Valuations models
• Appraisal of portfolio and trend tracking for influencing decisions
• External and internal audit participation as key driver of sound reporting

Relationship Management:

• Reliable leadership and supervision of junior staff as positive force within team
• Lead in healthy profession relationship with client facing business in terms of service level agreements

Continuous Development:

• Review/maintenance SOP’s and processes for ongoing effectiveness and innovation
• Teamwork toward achievement of the organisational targets and deadlines
• Championing continuous improvement
• Continuous technical and professional development

Experience / Skills Required

• Reporting and analysis experience especially in Financial instruments/ Investments Accounting
• Financial Institution experience desirable
• Working knowledge of PFMA and Treasury Regulations
• Working knowledge of GRAP, IFRS 9 and experience in interpretation and practical application
• Exposure to Accounting System e.g. Credit ease, Great Plains etc.
• Good working knowledge of MS Suite
• Understanding of credit risk and management and its application to portfolio management and performance analysis
• Sound presentation skills
• Advanced excel

Qualification Requirements

• Bachelor of Commerce honours in Accounting

Personal Attributes/Behaviours/Attitudes

• Internal and external stakeholder relationship management
• Quality conscious and acutely attentive to detail
• Disciplined in achieving set targets and deadlines
• Analytical and insightful judgement
• Positive influencer based on grounded professional and technical acumen
• Attentive to detail while conscious of the big picture context
• Strong ethics, confidentiality and integrity
• Self-organising, self-starter