Pension Accounting Officer

While we appreciate all applicants, only applications received via Sagicor's career portal https://career4.successfactors.com/career?company=sagicorfinP2 will be considered.

"Looking for a diverse and rewarding career? If you're looking to grow your career within a stable and growing financial services company, then Sagicor may be right for you!"

Employee Benefits Administrators Limited is seeking a suitable candidate to join our Pension Services (EBA) team in the capacity of:

Pension Accounting Officer 

Have responsibility for the inputting data into the operating system and provide support services for the general administration of the department.

Location: Kingston

As a Pension Accounting Officer, you will:

• Prepare the Certified Financial Returns:
  • Prepare Certified Financial Returns on the accounting accrual basis.
  • For segregated funds, ensure proper accounting statements are received.
  • Ensure proper interest rates are applied to receivables and payables.
• Process plan closures:
  • Prepare Wind Up (Accounting) progress reports where required.
• Prepare Final Wind Up (accounting) reports for the regulators.
  • Prepare memorandum to appropriate the accounting/ investments area regarding changes to be made to correct plan accounts.
  • Work alongside Pension Administrators to make changes needing their input before corrections are initiated.
  • Ensure Pension Administrators sign off on changes needed before they are implemented.
• Work to ensure Certified Financial Returns are submitted within the time specified.
• Ensure Wind Up Progress and final reports are submitted within time specified.
• Ensure items are properly reconciled when preparing statements.
• Liaising with Investment Managers:
  • To acquire Securities Listings, asset class breakdown, withholding tax information and other receivables and payables.
• Provide the Compliance department with all relevant dates with respect to Certified Financial Return.
• Verify that all payments requested have been made
• Reconcile amounts paid by category (ACH, RTGS, cheques).
• Advise the Assistant Pension Administrator where there are discrepancies for rectification.
• Prepare letters to the clients advising them of the payments made to their members and submit the necessary statements to them.
• Perform other job-related duties assigned from time to time.

What do you need?

• Bachelor’s degree in Business Administration, Management Studies, or equivalent qualifications from a recognized tertiary institution.
• Successful completion of LOMA Level I or any other industry specific certification. 
• At least two (2) years’ working experience in a similar capacity.
• Excellent communication skills.
• Excellent organizational skills.
• Ability to manage time effectively.
• Strong knowledge of computer software packages such as word processing and spreadsheet applications.

If this role is of interest to you, kindly submit an application via Sagicor's career portal no later than December 6, 2024.

While we appreciate all applications, only shortlisted candidates will be contacted.