Job Description
Key Responsibilities:
Reporting
* Preparation of the Fund’s monthly management ‘Report on a Page’ (RoaP) for key stakeholders
* Preparation of the Fund’s detailed monthly management reporting package for key stakeholders
* Preparation of the Fund’s statutory APRA reporting, quarterly, annual and ad-hoc
* Preparation of the Fund’s year end statutory financial and audit reporting
* Preparation of monthly Administration Reserve reporting and forecasting
* Ad-hoc reporting as requested by the Executive Manager, Fund Accounting
Taxation
* Preparation of income tax calculations for monthly and annual management reports
* Preparation and or review submission of the monthly BAS and PAYGi returns
* Review the monthly BAS for the Fund under a reduced input tax credit (“RITC”) framework
* Ensure applicable RITC is remitted to the Custodian and transfers/ledger allocations occur in a timely manner after the monthly BAS has been lodged
* Review annual PAYG withheld on Benefit payments to those reported in the Fund’s monthly BAS
* Liaison with external taxation advisors as required
Reconciliations
* Review of all Fund GL bank reconciliations
* Preparation and or review of all member’ related reconciliations with the administration platform and the bank/GL including Contributions, Benefits, Fees, Tax, Insurance premiums, Insurance claims, PAYG withholding. This includes review and investigation to resolution.
* Preparation and or review of monthly reconciliations unrelated to members including monthly accruals, Custodian investment movements, Reserve movements and Admin Fees to budget
* Oversight of Fund’s operational bank account and balances, including cashflow management for Fund expenses
Unit Pricing
* Review of daily unit pricing capital files for the Fund, capital movements and units on issue reports in the member platform, reconciling daily unit movements
* Review other unit pricing associated reporting for the Fund including price file, price file check, and backdating reports including monitoring of cumulative backdating impact on each investment option against tolerances
* Liaison with the Mine investment team as required
* Back-up for the Fund Accounts Officer on unit pricing preparation as required
Additional tasks
* Review weekly, monthly and annual investment option returns using a macro-enabled Excel model and ensure accurate reporting on external website
* Liaise with internal and external stakeholders on investment performance model changes on annual and ad-hoc basis
* Prepare and or review of monthly and or quarterly Crediting Rate calculations for the defined benefit sub funds including circulation to internal teams
* Prepare and or review accounting journals as required for the Mine ledger
* Other procedures/projects as requested by the Executive Manager, Fund Accounting
* Liaise and collaborate with internal business units for resolution of member enquiries
* Identify and implement process improvements for Fund Accounting processes
* Back up to the Fund Accounts Officer
* Provide training and guidance to the Fund Accounts Officer
* Identify and report internal risk related incidents and resolve through to resolution
* Liaise with Mine’s custodian, tax advisors, internal auditors and external auditors on Fund related matters/initiatives as required
* Assist in preparing/providing documents for the interim and final audit
* Participate in internal projects as required
* UAT for Member Administration Platform updates as required
Procedures and documentation
* Maintain and update Standard Operating Procedures across the Fund Accounting Team
* Maintain and update finance related policies
Other
* Collaborate with all members of the Fund Accounting Team and the broader business
* Other duties as required
***All of the above tasks are to be completed with SLA timeframes (where SLA are applicable)