Allan Gray is an investment management firm focussed on building long-term wealth for our clients. The Allan Gray group consists of many legal entities, in South Africa, Namibia, Botswana, Bermuda and Guernsey. Together, these businesses provide various investment products to individuals, retirement funds, insurers, medical schemes, trusts and companies. We design our products and fees so that they tie our success to that of our clients. The groups orientation is long-term, particularly the investment philosophy and relationships with its clients and employees.
The finance function at Allan Gray is centralised so the broader finance team manages the financial affairs for all group entities. This includes financial and management accounting as well as tax and regulatory compliance.
The Group team (~6 people) is responsible for the consolidation of our group companies and for providing oversight of the reporting for all the group entities. In achieving this objective, the Group team works closely with the other finance teams in getting a deep understanding of what is happening in each of the areas. The environment is highly collaborative, team-based and focused on a high quality delivery of work.
Job Description
This role is a good match for a technical Financial Accountant, recently qualified and team oriented. You, together with the managers, the group accountants and any CA trainees, will contribute to the group reporting process. You will also be responsible for the accounting function for AGE2 Ventures and AGEV Fund I, from cash book through to financial statements and reporting to management and various regulators.
Main Responsibilities
The group accounting and reporting function comprises
- Preparation of 3 group consolidations, including AFS and management reporting and various analysis
- Preparation of management information on group client assets and flows
- Preparation of Orbis billing calculations
- Reviewing monthly management packs for the other group entities
- Preparation of group-wide budgets
- Understand and support the various fee calculation systems used across the finance team
- Engaging with and responding to queries from external auditors
The entity accounting function comprises
- Preparation and recording of payments
- Recording of income
- Raising required receivables and payables
- Monthly management reporting packs
- Year end audit packs, including full IFRS AFS and engaging with and responding to queries from external auditors
- Tax reporting preparation and submission of all required tax returns
- Preparation of board papers
- Preparation of entity budgets
Skills, Competencies And Experience
- Ability to pay attention to detail and to detect errors
- Ability to multitask and is deadline driven with a strong work ethic
- Aptitude for numbers and routine work
- Technically strong (IFRS, tax)
- A curious mind set and ability to problem solve independently (ie do your own research, including general ability to read and evaluate legislation)
- Ability to adapt and thrive in a dynamic environment
- Fit easily into an energetic, demanding and team orientated environment (including working with people from various departments and external stakeholders
CA (SA) newly qualified and first time board passes preferable.
Location
- 3 months notice period (both parties)
- CTC: negotiable
- Based in Cape Town, with days in office as per the parameters of Allan Grays flexible working arrangement
11 January 2024
Please include Matric certificate and University transcripts (essential to application).
