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Fund analyst

Melbourne
Profusion Group
Posted: 8 May
Offer description

Flexible work options available in a dynamic environment.


About Us

We are a leading Australian financial services provider, offering a diverse range of services including investment management, insurance, and retirement planning advice.


About the Role

This position will work closely with our Finance team, collaborating with Member Operations, Financial Control, and Internal/External Auditors. Your primary responsibility will be performing complex reconciliations in a back-office setting.

* Reconcile and accurately journal all member and employer inflows and outflows processed through the fund's bank accounts, including internal transfers between member accounts, term deposits, and annuities.
* Work closely with the Member Operations team to ensure timely completion of daily bank reconciliations.
* Manage the daily upload of multiple bank statements into the General Ledger (GL), ensuring all transactions are matched and reconciled accurately.
* Conduct monthly reconciliations of administration fees (fixed and asset-based) and financial planning fees, and support the settlement of these payments with affiliated entities across the group.
* Process supplier payments.
* Daily preparation and settling of custodian payments.
* Investigate payment discrepancies and seek alternative payment solutions.
* Identify and manage risks, escalating issues when necessary.
* Support change initiatives with ad hoc project responsibilities such as automation of processes and driving continuous improvement.


Requirements

* Relevant tertiary degree qualification.
* A minimum of 2 years' experience working in Financial Services, preferably within the Funds industry or Superannuation sector.
* Strong commitment to teamwork.
* Intermediate to advanced Excel skills.
* Polished communication and interpersonal skills.


About the Opportunity

We offer a well-established business with potential for long-term opportunities, along with hybrid work arrangements that may include being based in Sydney or Melbourne.

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