Palesa Raseobi
Vereeniging
Summary
Experienced Retirement Fund Accountant with a proven track record in portfolio reconciliation, cash flow management, and investment analysis. Demonstrates strong organisational skills and attention to detail, ensuring compliance with financial regulations and audit requirements. Skilled in managing comprehensive financial reporting tasks and resolving discrepancies to maintain high standards of accuracy. Adept at liaising with external auditors and monitoring legislative changes to ensure regulatory adherence. Career goal includes leveraging expertise in fund accounting to drive strategic decision-making processes within a dynamic financial environment.
Overview
15
15
years of professional experience
Work History
Retirement Fund Accountant
Alexander Forbes
Sandton, South Africa
08.2016 - Current
- Conducted thorough reconciliation of portfolio transactions, ensuring accuracy in records and compliance with audit requirements.
- Calculated daily net asset values for various investment funds, adhering to strict financial regulations and standards.
- Managed accounts payable and receivable, ensuring timely settlement of invoices and maximising cash flow.
- Managed comprehensive financial reporting tasks, including preparation of monthly and quarterly fund statements.
- Assisted in training junior accountants, sharing knowledge and best practices in fund accounting.
- Investigated and resolved discrepancies in financial records, maintaining high standards of accuracy.
- Analysed and interpreted complex investment data, contributing to strategic decision-making processes.
- Generated financial statements documenting revenue, expenses and liabilities.
- Conducted detailed financial audits, identifying discrepancies and implementing corrective measures to uphold integrity.
- Coordinated month-end and year-end close processes, ensuring accurate and timely financial reporting.
- Analysed financial data to produce monthly reports, providing insights into company performance for stakeholders.
- Monitored legislative changes affecting finance and tax, adapting company practices to remain compliant.
- Implemented robust financial controls and procedures to mitigate risks associated with fund accounting operations.
- Managed financial accounts, reconciling bank statements and monitoring cash flow to maintain accurate records.
- Monitored market trends and regulatory changes, adjusting accounting practices to comply with new financial laws.
- Reviewed and updated fund documentation, including prospectuses and financial statements, for accuracy and regulatory adherence.
- Liaised with external auditors during annual audits, providing necessary documentation and clarifications on fund accounts.
- Posted journal and ledger entries, prepared financial statements and reports and closed books.
- Reconciled monthly bank statements and resolved discrepancies.
Retirement Fund Accountant
NMG Benefits
Randburg, South Africa
09.2013 - 07.2016
- Conducted thorough reconciliation of portfolio transactions, ensuring accuracy in records and compliance with audit requirements.
- Managed accounts payable and receivable, ensuring timely settlement of invoices and maximising cash flow.
- Calculated daily net asset values for various investment funds, adhering to strict financial regulations and standards.
- Managed comprehensive financial reporting tasks, including preparation of monthly and quarterly fund statements.
- Analysed and interpreted complex investment data, contributing to strategic decision-making processes.
- Performed cost-benefit analysis for proposed projects, guiding investment decisions and supporting business growth.
- Generated financial statements documenting revenue, expenses and liabilities.
Assistant to Quantity Surveyor and Project manager
Mthembu Mvelase Civil Projects
Meyerton, South Africa
04.2011 - 08.2013
- Maintained daily communication with vendors to drive forward progress of project.
- Facilitated regular project meetings, providing stakeholders with updates on progress, budget status, and risk management.
- Managed construction projects from inception to completion, adhering to strict timelines and budget constraints.
- Reviewed plans and specs during schematic design of pre-construction.
- Analysed architectural and engineering drawings to identify potential issues before they impacted project timelines.
- Coordinated with architects, engineers, and subcontractors to facilitate seamless project execution.
- Monitored project expenditures, identifying variances between estimated and actual costs to maintain financial control.
- Led team meetings to discuss progress, address challenges, and strategise future actions for project efficiency.
- Organised and participated in monthly on-site meetings with clientele and subcontractors.
- Analysed project specifications to create detailed work plans, schedules, and resource allocations.
Education
NVQ Level 4 - FETC Long Term Insurance
Faisit
Johannesburg, GP2015
Matric
Jordan Senior Secondary School
Vereeniging, GP2009
Skills
- Portfolio reconciliation
- Cash flow management
- Investment analysis
- Client communication
- Discrepancy resolution
- Administrative skills
- Strong communication
- Organisational skills
- Administrative support excellence
- Filing systems knowledge
- Time management proficiency
- Attention to Detail
- Document management
- Records maintenance
- Email handling efficiency
Languages
English
Advanced
C1
Timeline
Retirement Fund Accountant
Alexander Forbes
08.2016 - Current
Retirement Fund Accountant
NMG Benefits
09.2013 - 07.2016
Assistant to Quantity Surveyor and Project manager
Mthembu Mvelase Civil Projects
04.2011 - 08.2013
NVQ Level 4 - FETC Long Term Insurance
Faisit
Matric
Jordan Senior Secondary School