Finance Associate - Internal Finance (6 Month Fixed Term …, Cape Town

Core Details and Responsibilities of the Associate - Internal Finance Please be advised that this is a 6 - 7-month Fixed Term Maternity relief contract.

The Associate– Internal Finance will play a key role in ensuring the effective management of financial operations within the internal finance department of a fund administration business. This role is responsible for managing accounts receivable processes, contributing to monthly finance close procedures, andensuring compliance with regulatory standards. The successful candidate will collaborate closely with various internal teams, clients, and external stakeholders to ensure efficient and compliant financial practices.

From a high-level perspective, the core responsibilities that form your role are broken down into the following categories:

Accounts Receivable Management

Monthly Finance Close Process

Operational Contribution

Risk and Compliance Responsibilities

Your Daily Tasks Includes (but not limited to) the following tasks:

Accounts Receivable Management

Assisting Accounts Receivable Process and invoice generation on Dynamics.

Assist in weekly receivables reporting, monitoring collections and outstanding balances

Posting Debtor Receipts: Accurately record debtor receipts daily into the financial system to maintain accurate account balances.

Accounts Payable Management

Managing Finance Mailbox: managing vendor communication, sending POPs, saving invoices for capturing and filing in an organized manner.

Capturing invoices accurately according to Budgeted line items.

Vendor account reconciliation and following up with vendors on outstanding invoices.

Employee Expenses Reimbursement: Process employee expense reimbursements using Expensify and maintain accurate expense records in Business Central.

Capturing expenses from credit cards (Revolut&Amex) into the correct entity.

Monthly Finance Close Process

Daily update of Cash Balances.

Capturing Bank Transactions: Record and reconcile bank transactions for all jurisdictions accurately in the financial system.

Monthly Bank Reconciliations: Perform timely bank account reconciliations to ensure all records align with bank statements.

Assist with Audit: Provide accurate and timely documentation to auditors for

Assist with Month-End Activities: Support various month-end activities, including journal entries and Balance Sheet account reconciliations, to facilitate a smooth financial close process.

Operational Contribution

Process and Efficiency Improvements: Share insights and suggestions for developing new processes and procedures to increase efficiency and enhance client service delivery.

Industry and Regulatory Awareness: Stay informed of industry trends, regulatory changes, and jurisdictional requirements that could impact the business.

Product Development Support: Contribute to the creation, enhancement, and implementation of new products and solutions to meet evolving business needs.

Cross-Functional Collaboration: Work closely with operations staff, business users, project teams, and implementation managers to ensure effective and scalable financial

Risk and Compliance Responsibilities

Compliance Tasks: Perform routine compliance checks and adhere to company risk and compliance processes and policies.

Record Keeping: Maintain organized records of compliance documents and

Documentation Support: Assist in maintaining compliance documentation and

Monitoring Tasks: Help monitor compliance tasks and assist with quality control

Compliance Culture - Working in tandem with the compliance colleagues to support a culture that is centered around good governance and

Strategic Expectations

Share insights to enable development of new processes and procedures that will create business efficiency and support delivery of client excellence in

Maintain awareness of industry, regulatory, jurisdictional, and other trends that could affect the

Contribute to the creation, development and implementation of new products and solutions to accommodate the businesses continuous changing needs.

Collaborate cross-functionally with operations staff, business users, project, and implementation managers to achieve desired and elegant solutions.

Required Skills&Experience Are you getting excited? We are! Before we get too carried away, there are a few requirements you’ll need to check off before you can apply for the position:

A tertiary accounting qualification (Bachelor’s degree or equivalent), preferably SAIPA

A minimum of 3-5 years of experience in an internal accounting function

Proven experience and a strong technical aptitude for working with accounting systems (Business Central preferred).

Proficiency with Microsoft Office tools, especially Familiarity with Power Query, Power Automate, or similar technologies is advantageous.

Fluent in English, with excellent verbal and written communication

Comfortable working with individuals across different time zones and geographic

Commitment to maintaining accuracy in all financial records and

Ability to proactively identify issues and implement solutions to improve financial

Strong teamwork and communication skills to collaborate effectively across departments and geographic locations.

Willingness to work in a dynamic environment with changing priorities and

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