Fund Financial Accountant Vacancy at Public Investment Corporation (PIC)

The Public Investment Corporation (PIC) is inviting applications from suitably qualified and dynamic professionals for the position of Fund Financial Accountant based in Pretoria, South Africa.

Job Title: Fund Financial Accountant
Location: Pretoria, South Africa
Closing Date: 26 June 2026
Contract Type: Permanent (Not Specifically Stated)
Reference Number: COOF001
Job Grade: D1 – D5
Salary: Negotiable All-Inclusive Remuneration Package

The Public Investment Corporation SOC Limited is one of Africa’s largest asset management firms, managing assets exceeding R3 trillion on behalf of major public sector entities including the Government Employees Pension Fund, Unemployment Insurance Fund, and Compensation Fund.

The organisation is seeking a highly motivated finance professional who will contribute to strategic financial management and support investment decision-making within its Investment Finance Division.

About Public Investment Corporation (PIC)

The Public Investment Corporation SOC Limited is a leading South African investment management institution responsible for investing funds on behalf of government-related entities.

PIC plays a critical role in supporting economic growth through strategic investments across multiple sectors while maintaining strong governance and financial accountability.

Position Purpose

The Fund Financial Accountant will serve as an important member of the Investment Finance Division and will be responsible for providing strategic financial support to investment teams.

The successful candidate will focus on delivering:

Financial reporting
Accounting support
Investment analysis
Technical accounting expertise
Regulatory compliance support
Strategic financial insights for investment decisions

Key Responsibilities

Trade Processing

The successful candidate will be expected to:

Ensure all trades are properly executed and reviewed
Reconcile transactions accurately across reporting systems
Verify correct price loading across financial reporting systems

Reconciliation Management

Responsibilities include:

Performing cash reconciliations
Conducting scrip reconciliations
Reviewing reconciliation exceptions
Resolving discrepancies within reconciliation cycles

Corporate Actions Administration

The role requires:

Processing corporate actions accurately
Reviewing fund position changes
Ensuring correct valuation adjustments are reflected

Reporting and Client Service

Duties include:

Preparing scheduled portfolio reports
Delivering ad hoc stakeholder reporting
Escalating and resolving material financial issues
Managing audit-related reporting processes
Calculating monthly management fees
Processing payment releases
Supporting internal and external audit requirements

Team Leadership Support

Additional responsibilities include:

Supervising Junior Fund Accountants
Reviewing junior team outputs before final submission
Supporting internal process improvement initiatives

Minimum Requirements

Applicants must possess:

BCom Honours Degree or equivalent qualification in Accounting, Finance, or related field
Minimum 5–7 years relevant professional experience
Experience within Asset Management or Financial Services sector preferred

The following qualifications will be advantageous:

Chartered Accountant designation CA(SA)
Chartered Financial Analyst designation CFA

Required Skills and Competencies

Successful applicants should demonstrate:

Technical Skills

Advanced Microsoft Excel skills
Strong Microsoft Office proficiency
Knowledge of Investment Financial Reporting Systems

Strong understanding of IFRS standards
Knowledge of Companies Act regulations
Knowledge of Income Tax Act compliance
Understanding of PFMA and relevant financial legislation

Professional Competencies

Strong analytical thinking
Excellent communication skills
Strong interpersonal skills
Stakeholder management capability

Excellent project planning skills
Problem-solving ability
Strong organisational skills
Effective time management
Attention to detail and accuracy

Why Join Public Investment Corporation?

PIC offers an opportunity to work at one of Africa’s most influential investment institutions while contributing to impactful public sector investments.

The organisation promotes: