Page 45 – Mauritius Finance

Associate Manager – Financial Reporting

Career Opportunity

Mauritius International Trust Company Limited (“MITCO” or the “Company”), which forms part of the finance cluster of the CIEL Group, is one of the oldest and well-established Management Companies in Mauritius and provides advisory, structuring, set-up, administering, company secretarial, compliance, professional outsourcing and back-office services to its clients.

Have a look at our Life Pages: https://www.linkedin.com/company/cielgroup/life

MITCO is currently looking for a seasoned professional Associate Manager – Financial Reporting.

Associate Manager – Financial Reporting

Reporting to the Manager – Financial Reporting, the selected candidate will be responsible for the Team in terms of staff engagement, coaching, main point of contact for the clients and deliver a high quality of service while ensuring processes and policies are respected.

What you will be doing:

Support the Manager – Financial Reporting in overseeing the team’s work and ensuring to adherence of internal control procedures;
Assist in coordinating and monitoring work schedules and resource allocation;
Review all bookkeeping, computations of taxes and year-end financial statements;
Maintain relevant database for FR and TAX portfolio;
Liaise with clients to keep them updated regarding Accounting and Tax matters;
Review and ensure the accuracy of timesheets, billings and tax returns within the statutory deadlines;
Contribute to the learning and development of team members and identify training needs;
Collaborate with various departments to meet common objectives and support the Manager – Financial Reporting in day-to-day operations;
Assist in preparing and monitoring the team’s accounting budget;
Participate in the review and improvement of accounting processes to increase productivity and efficiency;
Ensure that financial statements and tax returns are filed within statutory deadlines;
Provide ongoing technical support in terms of IFRS and Tax matters to team members;
Act as a point of contact for external auditors and assist in audit assignments as needed.

What are we looking for?

Significantly qualified/fully qualified ACCA;
Above 8 years of working experience;
Excellent written and spoken English and French;
Ongoing development of technical knowledge and people skills;
Knowledge of accounting software;
Ability to work under pressure and meet deadlines;
Be a team player.

Management reserves the right to call only the best candidates for an interview. If you have not received any communication after the deadline, feel free to call us for any query.

Trainee – Operations and Quality Management

Career Opportunity

Mauritius International Trust Company Limited (“MITCO” or the “Company”), which forms part of the finance cluster of the CIEL Group, is one of the oldest and well established Management Companies in Mauritius and provides advisory, structuring, set-up, administering, company secretarial, compliance, professional outsourcing and back-office services to its clients.

Have a look at our Life Pages: https://www.linkedin.com/company/cielgroup/life

MITCO is currently looking for a dynamic Trainee – Operations and Quality Management.

Trainee – Operations and Quality Management

The selected candidate will primarily conduct AML/CFT file review and update the client files as per the AML/CFT and other related regulations of the legal entity.

What you will be doing:

Review client files meticulously in line with guidelines, policies, and legal requirements;
Escalate issues pertaining to file reviews to Senior Executive;
Proactively assist in meeting deadlines set for file reviews as well as CDD remediation;
Ensure data saved on the data management system adopted by MITCO are updated and accurate;
Verify correctness of information within documents by cross-referencing with internal and external databases;
Provide consistent and frequent updates/reports for related projects to be undertaken;
Uphold utmost confidentiality for client data and proprietary records;
Assist the Senior Executive in the implementation of processes, procedures and checklists;
Provide support in auditing the deployment.

What are we looking for?

Holder of a relevant degree (e.g. Management, Law, Finance);
Be proficient in analyzing complex structures of AML/CFL;
Analytical skill is a plus;
Capacity to diligently follow the implemented process.

Closing Date: 27th September 2024

Management reserves the right to call only the best candidates for an interview. If you have not received any communication after the deadline, feel free to call us for any query.

Accounts and Operations Officer

Trive Financial Services Ltd (“the Company”) is pleased to invite applications from suitably qualified candidates for the open position of an Accounts and operations officer in Mauritius.

The Company, based in Ebene, Mauritius, is a global brokerage firm licensed by the FSC as a GBL and an Investment Dealer (Full-Service Dealer, excluding underwriting). Trive is part of a large group of financial technologies companies providing investment, credit and banking services. The Group is present across the globe in the USA, Europe, Africa, Asia and Australia.

Job Description:

Collaborate closely with the finance team and superiors to ensure the smooth running of the day-to-day financial operations.
Maintain accurate and complete financial records and documentation.
Perform book-keeping entries, collate required information and assist the external accountant in preparing management accounts/payroll on a monthly basis.
Provide accounting related information on a frequent basis as requested by superiors.
Process timely payments to vendors/suppliers and other parties, and liaise with banks to resolve queries and speed-up the process.
Conduct bank, petty cash and other accounting-related reconciliations.
Assist in preparation of budget and cash flow forecast.
Ensure all accounting related regulatory returns/reports are filed within deadlines.
Liasing with the external accountants, auditors & tax advisors, and providing the required information for audit finalision within set timelines.
Computing and monitoring the financial soundness test in-line with regulatory capital and liquidity requirements.
Assist in maintaining up-to-date finance related policies and procedures.
Assist in preparing information and reports for the audit and other committees.
Liaise with vendors regarding operational matters as and when required.
Promptly liaise with the IT department to resolve any IT related issues encountered.
Assist in implementing health and safety, and disaster recovery measures.
Keeping abreast of changes in financial legislations and inform management about any updates.
Perform any other duties as assigned by the direct/matrix reporting manager and Directors.

Job Requirements:

HSC plus a Dıploma in Accounting/ACCA Level 1 or any equivalent qualifications/certifications.
+2 years experience in an accounting role.
Knowledge of Quickbooks or any other accounting software is a plus.
Experience working in the offshore sector is a plus.
Well versed with MS office tools (strong knowledge of Microsoft Excel).
Sound written and verbal communication skills (English is a must).
Detail oriented and analytical.
Reliable, trustworthy, highly motivated and proactive individual.
Readiness to work with busy schedules and tight deadlines.
Excellent time management skills, ability to prioritize work and multi-tasking.

Salary and conditions of employment will be commensurate with experience and qualifications.

Only the best qualified candidates will be called for interview. The Company reserves the right not to make any appointment following this advertisement.

Governance Administrator

Role:

This is a varied and interesting role within the Governance team. The role will involve supporting the Governance, Compliance and Accounting team. We are looking for someone with strong organizational and communication skills who is detail oriented, adaptable and proactive. The role is office-based in Mauritius but working with the groups teams based in Gibraltar.

Responsibilities

Collating and monitoring data to ensure the timely availability of accurate information for analysis by the Governance, Compliance and Accounting teams in line with Company procedures; Downloading bank statements from online systems and saving the same in a timely manner; Downloading prices and FX rates from Bloomberg system and saving the same in a timely manner; Assisting with the collection of Due Diligence documents; Assisting in the process of completion of Annual Returns for Gibraltar Companies; Arranging and collating electronic signatures on contracts and agreements using DocuSign; Provision of efficient administrative support to the Governance team; Maintenance of a well-organized filing system as per Company procedures and GDPR requirements.

Criteria required:

Strong administration and communication skills; Strong administration and communication skills; Attention to detail and data entry accuracy; Full support will be provided by the management team, but the ability to manage and prioritize own workload is important in this role; Sets high standards and works towards achieving these; Comfortable with making suggestions to best help streamline the efficiency of procedures within the role; Preparation of clear and accurate documentation for sharing with colleagues and external agencies; Strong interpersonal skills to ensure smooth communication with Gibraltar office; A high standard of written and spoken English is essential for this role.

Experience:

Intermediate proficiency with Microsoft Word, Excel, Outlook and Teams; Experience in business administration would be advantageous, but training on specific tasks will be provided.

Core competencies:

Communication: ability to communicate effectively with and accurately ‘hear’ others; Building collaborative relationships: ability to develop and maintain constructive relationships with others and work collaboratively with the Gibraltar office; Adaptability: ability to maintain a positive attitude under potentially difficult situations and be flexible in responses as required by changeable circumstances; Results orientation: ability to show commitment and reliability in consistently achieving goals.

Finance Administrator

Role and responsibilities:

As a Finance Administrator, you will be an essential part of our accounting team, helping us to stay on top of our financial data and ensure our accounts are accurate and up to date. This role requires a good understanding of accounting principles and standards, as well as proficiency in using accounting software and other related tools.

Job Duties:

Maintaining, examining and analyzing financial records and ensuring accuracy of data. Managing accounts payable and accounts receivable. Preparing invoices to be sent to clients and customers. Reconciling bank statements and accounts. Prepare cash deposit and ensure funds are banked on a timely basis. Posting of supplier invoices, handle and write cheques and ensure timely settlement of bills. Reconcile petty cash book. Assist with preparation and filing of VAT, TDS, NPF/NSF, Income Tax, PAYE, APS and any other statutory returns. Assist with preparation of cash flow statements and budgets as and when required. Provide assistance & support to accounting team members. All emails for queries regarding clients to be attended on a timely and swift basis. Liaise with the authorities (MRA, FSC and ROC) and banks as and when required. Post period ending adjustment journals to produce final trial balance. Liaise with the auditors during annual audits and answer any queries.

Criteria & Experience required:

Diploma and/or Professional certifications Or bachelor’s degree in accounting or finance 2-5 years’ experience in accounting/finance and 1-years’ experience in offshore management company.

Skills:

Proven experience or a similar role in the finance industry Strong attention to detail and a high level of accuracy Excellent communication and interpersonal skills Knowledge of accounting principles and standards Proficiency in using MS-Word, MS-Outlook, MS-Excel, and accounting software’s. The ability to work independently to meet tight deadlines. Excellent communication skills, both written and oral in English and French Dynamic, committed and proactive Able to work under pressure with tight deadlines. Ability to work in organized and systematic manner. Punctual, portrays a positive attitude and flexible. Team player, ability to take initiatives and work with minimum supervision. Good insight into local and international regulatory trends / initiatives Conversant with applicable laws and regulations in the Global Business industry Possess a high moral character and professional integrity. Excellent written, spoken and presentation skill. Ethical and principled: Fair and modest: Willing to scrutinize all the facts without making a snap judgment and interview any relevant employees for their perspective. Proactive: A honed alertness and vigilance to potential breaches in compliance. This means actively enforcing a mandatory reporting policy and seeking out any weakness in company dealings. Intelligent and willing to keep learning: always keeping abreast of constantly changing legislations and guidelines. Diligent and a strong constitution and extra conviction: Solid backbone and the strength to stand by difficult decisions and be more influenced by right versus wrong than by relationships. Willing to take the lead in setting the tone for corporate integrity. .

Administrator / Senior Administrator

Job description:

Filing, scanning of statutory files/documents and updating information on the server;
Ensure documents are served on server and properly labelled;
Good communication skills, both in English and French;
Demonstrate a good sense of responsibility;
Proficient with Microsoft word and excel;
Be able to prepare trade orders/transfer instructions with high accuracy;
Liaison with clients and other parties ;
Drafting of emails/documents, letters;
Liaising with auditors as and when required;
Updating cash books and client information sheet;
Prepare management accounts (will be coached if has no experience)
Ensure KYCs are up to date;
to ensure efficiency and smooth running of the WMC office;
provides reliable support to the Senior Manager / Board of Directors;
Handling of basic office tasks;
Willingness to learn on wealth management;
Dispatching of documents as and when required;
Ensure that all physical files are in good order;
Any other duties as may be assigned by the Senior Manager/Board of Directors.

Working hours: Monday to Friday from 9.am to 6.pm.

Qualification: Minimum Diploma/Degree holder – in Management/Accounting/Finance

Experience:– 1 or 2 years working experience in the offshore sector/banking sector

Salary: negotiable (Depending on qualifications and experience)

Back Office Associate

Job Description

Key Responsibilities:

Perform KYC validation to ensure accurate client information.
Facilitate client onboarding and provide follow-up support.
Regularly review and update client files for accuracy and compliance.
Open and manage client accounts using CFI Systems (CRM).
Handle administrative tasks to ensure smooth office operations.
Coordinate with sales to update and manage client documents. Create, maintain, and organize detailed client files.
Review and send client files to the Compliance Team.
Assist with drafting documents for the sales team and Compliance Team. Conduct client screening for PEPs or adverse media and address Compliance Team queries.

Profile Requirements:

Diploma or degree in Accounting, Finance, Law, or a related field.
Experience in a back office or administrative role, preferably in financial services will be an advantage.
Familiarity with KYC procedures and CRM systems (CFI Systems preferred).
Strong organizational skills and attention to detail. Excellent communication skills and ability to handle sensitive information discreetly.

Senior Executive – Fund Administration

Job Specification:

The Senior Executive – Fund Administration will supervise the work of the Executive Team Members, overseeing a defined and varied set of client servicing deliverables for a sub-portfolio within Fund Services Department under the supervision of the Team Leader.

Nature of work and contribution:

Attend to administrative and company secretarial tasks and manage a sub-portfolio of clients (including complex structures) under the supervision of the reporting line (s);
Supervise at the Executives in the team, ensuring relevant workload is reviewed, organised and allocated appropriately to meet target deadlines;
Review of work of the Executives on the day-to-day matters as delegated by the immediate/subsequent reporting line(s);
Act as direct liaison for day-to-day service issues for the portfolio of clients; reporting any service or support incidents, breaches or relevant matters through the immediate / subsequent reporting line(s);
Attend and ensure all client servicing and support requests are delivered accurately, efficiently and in line with all associated and relevant Policies, Procedures and Regulation;
Attend to statutory filings with FSC, ROC and other statutory bodies;
Assist the reporting line (s) to convene meetings of directors/shareholders, attend board meeting and prepare minutes;
Be proactive and provide prompt, excellent and professional administration services;
Ensure that the databases and core records are kept up to date and all relevant activity and transactions within scope of role are captured in the appropriate system;
Conduct administrative and/or client risk reviews on existing structures under the supervision of the reporting line(s);
Comply with the internal control and audit standards;
Work with immediate/subsequent reporting line(s) to ensure all internal/statutory deadlines are met, as applicable;
Assist the reporting line (s) for collection of Debtors for the Department.

Knowledge, skills & experience:

Bachelor degree in Management/Finance/Law and/or level 2 ICSA
3 years work experience in a similar position
Knowledge of Microsoft Office tools
Basic knowledge of accounting
Sound knowledge of Companies Act, Financial Services Act and relevant legislation affecting the Global Business Sector in Mauritius
Good communication skills (written and spoken English)
Strong work ethic, professional and team player
Quick learning ability to new systems and operational procedures

Team Leader – Accounting

Job description:

It’s never been a more exciting time to join Vistra.

At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction.

But progress only happens when people come together and take action. And we’re absolutely committed to building a culture where our people can do just that.

We have an exciting opportunity for you to join our team as Team leader – Accounting. Reporting to the Manager, Accounting, this full-time and permanent position is based in Mauritius and offers regional coverage, allowing you to make a significant impact to our Accounting Team and its’ growth.

Key responsibilities:

Responsible for managing a portfolio of SPVs.
Review work done by senior accountants.
Liaise directly with auditors and internal or external clients as and when required to ensure quality service and resolve any issues.
Maintain and review details of work completed and time sheets in Time Tracker to allow production of quarterly statistics, and rebilling data.
Responsible for maintaining relevant data for MIS/ KPIs purposes.
Provide relevant information in preparing quotes for new clients.
Assist Assistant managers/ Managers in managing the portfolio of clients.
Compliance with internal policies and procedures and adherence with relevant accounting procedure manuals.

Key requirements:

Expert Knowledge of the Capital Market Sector
In depth knowledge of IFRS and US GAAPs.
Proficiency in MS office applications (Word & Excel)
Experience in managing teams.
Analytical, well organised, and resourceful
Minimum 6 years’ experience in the financial services sector
Partly to fully qualified ACCA
A degree in management, accounting, or finance would be an advantage.

Company Benefits:

At our Mauritius office, we believe in putting our employees’ well-being first! We offer a flexible hybrid working arrangement and probation leave. Additionally, we provide a fully sponsored Medical Scheme, Sponsored ACCA and ICSA, Study/Examination Leave, Pension Scheme, Group Personal Accident, Death & Disability Cover and an excellent job exposure and career prospects.

If you are excited about working with us, we encourage you to apply or have a confidential chat with one of our Talent Acquisition team members. Our goal is to make this a great place to work where all our people can thrive. We hope you join us on this exciting journey!

Accounting Associate

We have an exciting opportunity for you to join our team as Accounting Associate. This full-time and permanent position is based in Mauritius and offers regional coverage, allowing you to make a significant impact to our Accounting Team and its’ growth.