About this role
Accounting for the Investment of Schools
Receives SDT (Summary of Daily Transactions) from Investment Treasury, reviews and prepares the final copyApproves the daily transactions (rollover, new investments, withdrawals, money market placements, mutual funds, stocks, dividends) encoded by the Investment Operations Associate into the Investment Management System (IMS)Prepares daily reports needed by the Portfolio Officer such as maturities schedules, investment schedules for the succeeding bank daysAnalyzes daily transactions, prepares adjustments, and verifies accounting entries posted in the IMSFinancial Statements/Reports
Prepares, verifies, consolidates, and analyses financial statements and reports for use by UnitHead and management for decision-making and presentation to the various Committees including the Investment CommitteeValidates the reports submitted by the external fund managers, including the computation and verification of the Return on Investments (ROI), updates the IMS on the monthly market value of the funds based on the financial statements from the external fund managersConsolidates the external fund managers' reports with internally managed (IMU) investments and submits the consolidated report to the IMU Head for further validation and reporting to the Investments CommitteePrepares and analyses various reports for submission to the schools’ controller. These include the Investment schedules, financial statements, and other reports as neededDatabase Management
Manages the Investment software and backs up the system filesAudit
Assists external and internal auditors with required schedules and reportsReports Generated
Daily:Daily Transaction Reports (liquidity, requirements based on maturitiesExposure reportInvestments Schedules for Money Market, Mutual Fund and Equity, etc.Front Office system generated reports which serve as permanent copy and file of daily transactionsMonthly:Financial statements and schedules of the fund managed by IMU for the DLS schoolsOther Reports needed by the different Finance Heads of the DLS schoolsReports submitted to IMU Head and management for decision making and reported to the various committees including the Investment CommitteesVerification of the various financial statements submitted by the external fund managersVerification of the Return on Investment (ROI) as computed by the banksConsolidation of information and figures from external fund managers' reports and IMU-managed investmentsData Encoded
Monthly: Investment details based on the Financial Statements and schedules from the eternal fund managers, data from these sources are computed and validated for use in the various reports submitted to IMU Head and the Investment Committee and for updating of records in the investment systemFinancial Accountability
Investment management systemReports from external fund managersEnsures validity, correctness, and accuracy of all financial transactions taken up in the books of the unitManagement Scope
No. of Direct Reports: 2 - Investment Operations Associate (KYC) who is responsible for the KYC function for the schools, and an Investment Operations Associate (Accounting) who is responsible for the daily transactionsAssist the Investment Operations Manager with all the IMU (Investment Management Unit)-Related clerical tasks which include receiving documents, handling and releasing checks, and updating the DLSP schools on their investments, also in charge and acts as custodian of investment-related documents serving as proof of investment of all schoolsPrepares the daily accounting entries and the subsidiary ledgers of all investments of schoolsClient Interaction
Internal Clients: Finance & Controllers of the DLSP schoolsExternal Clients: External fund managers (banks) & Developers of Infobanker/Trubanker SystemRequirements
Bachelor's degree in Accounting, Finance, Economics, or a related fieldAt least 1 to 2 years of relevant experience in investment operations, investment accounting, or a related field