Senior Fund Administrator - Reconciliation - PA26SAOFFUKQ3006

Job description

SS&C is a leading provider of mission-critical, AI-powered technology and services empowering financial services and healthcare organizations to work smarter, faster, and securely. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices worldwide. More than 23,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology. Job Description SS&C Financial Services – Senior Fund Administrator – Bellville South Africa About SS&C Technologies SS&C is a global provider of investment, financial services and software for the financial services and healthcare industries. Named to Fortune 1000 list as top U.S. company based on revenue, SS&C is headquartered in Windsor, Connecticut and has 20,000+ employees in over 90 offices in 35 countries. Some 18,000 financial services and healthcare organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services. SS&C Financial Services A leading innovator in alternative investment technology solutions and services, SS&C is also home to the industry’s largest fund administrator: SS&C GlobeOp, helping funds of all sizes from start-ups to today's largest funds. Named "Best Administrator: Technology" in the 2020 HFM US Services Awards. Across all of SS&C, we serve nearly $45 trillion in managed assets. We have assembled an exceptional team of fund accounting experts and equipped them with the industry’s leading technology, which SS&C built and supports. Job Summary The role will require the candidate to be responsible for the reconciliation of various client stock & cash recon portfolios. The candidate will be responsible for the daily, monthly, and quarterly reconciliation of investment funds, ensuring the accuracy and completeness of financial records. This position requires an individual with strong analytical skills, a thorough understanding of financial processes, and a solid background in fund administration and reconciliation. Key Responsibilities 1. Transaction Processing • Perform detailed daily, monthly, and quarterly reconciliations for fund accounts, including cash and securities. • Investigate and resolve discrepancies in fund balances, identifying the root cause and working with relevant stakeholders to resolve issues. • Ensure that all transactions are accurately recorded, including trades, income, distributions, fees, and other fund-related activities. • Coordinate with custodians, administrators, and banks to ensure timely and accurate reconciliation of all fund transactions. 2. Reporting • Generate and review fund performance reports, financial statements, and reconciled account summaries for internal and external stakeholders • Prepare reports on outstanding or unresolved reconciliation items and work with appropriate teams to resolve them • Ensuring that Team Leader/Manager is informed of any recon items and outstanding issues • Escalating any urgent issues to Team Leader/Manager. 3. Compliance & Regulatory Adherence • Maintain full compliance with internal policies, procedures, Client SLAs, and control frameworks. • Ensure adherence to operational controls and audit requirements, maintaining evidence and audit trails. • Support internal and external audit processes with reconciliation-related documentation and responses. • Identify potential risk areas in day-to-day operations and escalate them to management for further assessment. 4. Stakeholder Collaboration & Investor Relations • Act as the primary liaison between internal teams to ensure alignment. • Build strong relationships across departments and contribute to a seamless reconciliation process. • Work closely with risk, compliance, legal, and investment teams to mitigate operational risks and maintain process integrity. • Collaborate with internal and external stakeholders. • Act as a subject matter expert for reconciliation and EFT-related queries, providing support and insight as needed 5. Process Improvement & Ad-Hoc Tasks • Continuously assess and improve reconciliation and EFT processes to enhance efficiency and reduce errors. • Ensure process documentation is up to date and filed correctly and is easily retrievable. • Support and guide newer team members through training and mentorship, and act as a backup resource when required. • Develop and implement best practices for fund reconciliation and ensure alignment with industry standards and regulations. • Assist with ad-hoc requests from clients and management. Competencies • Adaptability & Resilience: The ability to be flexible and work effectively in a variety of changing situations, environments, and with diverse individuals and groups. • Attention to Detail: The ability to thoroughly focus on the finer aspects of a task, ensuring accuracy, completeness, and quality in their work. • Client Focus: The ability to prioritise and address the needs and expectations of clients or customers, ensuring their satisfaction and fostering long-term relationships. • Effective communication: The ability to clearly convey information, ideas, and expectations through various channels, while also listening actively and understanding others' perspectives. • Numerical Skills: The ability to understand, interpret, and work with numbers effectively. • Problem-Solving & Analytical Skills: The ability to identify problems, brainstorm and analyse answers, and implement the best solutions. • Teamwork & Collaboration: The ability to work effectively with others, both within a team and across teams or departments, to achieve shared goals. • Time Management: The ability to effectively manages time and resources to meet deadlines; prioritises tasks based on importance and urgency; balances multiple tasks and projects efficiently and handles interruptions effectively. Education & Experience: • Tertiary Financial Qualification with an Accounting background or related field. • 2 years’ experience in scrip or Cash reconciliations • Knowledge of Financial Markets and Instruments • Proficient in Microsoft Suite EEO Statement / Non-agency Disclosure We encourage applications from people of all backgrounds and particularly welcome applications from under-represented groups, to enable us to bring a diversity of perspectives to our thinking and conversation. It's important to us that we strive to have a workforce that is diverse in the widest sense. Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services. Background Checks All offers of employment at SS&C are subject to background verification checks, including 5-year employment history, proof of eligibility to work in hiring location, proof of address, credit check and criminal record check (where permitted by local law). The accuracy of all information you submit as part of your application is vital and may be used as part of the background checking process should you be successful. Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services. Applications will be accepted on an ongoing basis until the position is filled. SS&C Technologies is an Equal Employment Opportunity employer and does not discriminate against any applicant for employment or employee on the basis of race, color, religious creed, gender, age, marital status, sexual orientation, national origin, disability, veteran status or any other classification protected by applicable discrimination laws.