About Us Silica provides outsourcing and technology services tothe retail investment market, as well as a unique wealth management platform and administrationsolution to enhance the customer experience.

Effective administration of wealthmanagement products requires resources with specialized knowledge and access to leading edgetechnology.

Silica's strategy is to build a sustainable and profitable Business ProcessOutsourcing and Technology business, capable of providing superior administration services to aglobal retail investment market, whilst leveraging off a low cost operating environment and ourestablished platform client base in South Africa.
Increasingly, organisation’s offeringwealth management products are outsourcing this key aspect of their business to ensurecost-effective services and guaranteed reliability.

Silica has successfully builtadministration services for products across the investment universe and across multiple geographicdestinations. Our financial administration business has managed to build a capability that continuesto add real value to our clients.About Us Silica provides outsourcing and technology services tothe retail investment market, as well as a unique wealth management platform and administrationsolution to enhance the customer experience.

Effective administration of wealthmanagement products requires resources with specialized knowledge and access to leading edgetechnology.

Silica's strategy is to build a sustainable and profitable Business ProcessOutsourcing and Technology business, capable of providing superior administration services to aglobal retail investment market, whilst leveraging off a low cost operating environment and ourestablished platform client base in South Africa.
Increasingly, organisation’s offeringwealth management products are outsourcing this key aspect of their business to ensurecost-effective services and guaranteed reliability.

Silica has successfully builtadministration services for products across the investment universe and across multiple geographicdestinations. Our financial administration business has managed to build a capability that continuesto add real value to our clients.

The Role Grade 12 Matric and 3-5 yearsequivelant work experience.

Key Accountabilities
Reconciliation of theDARA recons - performed daily:
  ?     Importing daily bank statements ,interfaces into DARA
       Perform all manual control
 ?     Perform all recons and following up on any outstanding recons items andqueries.
  ?     Perform and Prepare Monthly recons

 

Accurate and effective clearing of all unreconciled items
Reporting and escalating of alllong outstanding items
Investigating queries within 24 hours of receipt and resolving them in reasonabletime
Accurately and effectively attending to other tasks that may be allocated to you from timeto time by the Team leader or Manager
Assist in other areas of the Finance division
Dealing with queries from theClient and resolve them, if unresolved escalate to the Team Leader.
Liaise with Internal Auditorsand handle their queries
Assist with operational reporting on a monthly basis

 
 
 
 
 
Conduct Testing on New releases to ensure that anychanges made on the system are working well.
 
Internal/ExternalReporting:

Month end Risk Reporting
Executive Summary Reports

Client/Supplierinteraction:

Preparation of related reporting for Client Packs


Skills & Experience
Product Knowledge an advantage
2 years experience in aInternational enviroment, Unit Trust, LISP environment , or financial services institution anadvantage
5 years general ledger and bank reconciliation experience
Must Be Computerliterate
Understanding of Banking transactional systems
AWD or similar workflow experience anadvantage
Knowledge of accounting soft ware an advantage (e.g. Sun account, Vision, Dara)


Computer literate - Microsoft packages, Excel (intermediate), Word, Outlook, Accountingand Reconciliation packages
Strong numerical ability
Strong reconciliation ability with a demonstrated trackrecord.
Problem solving abilities.
Good knowledge of the Investment Industry 




Personality and Attributes
Must be flexible and be able to multitask
Ability to prioritize and work accurately underpressure
Self-motivated, accountable and pro active and demostrate initiative
Task orientated anddeadline driven
Team player but also able to work independently
Strong quality and work ethic
Clientcentric
High attention to detail and accuracy
Strong emotional Intelligence
Adaptable and versatile tochange
Good stress management



Other Silica is an equal opportunity employer and this position will befilled in accordance with our current Employment Equitypractices