Job Description

The Role

As an Analyst, Reconciliations, you’ll play a key role in ensuring accuracy and alignment across our platform by performing daily stock and cash reconciliations for Powerwrap, SMA scheme accounts, and the custodian.

This is an opportunity to work across multiple systems and financial instruments, from domestic and international equities to fixed income, managed funds, and term deposits in a team that values initiative, and continuous improvement.

If you enjoy navigating complex data environments and finding clarity in detail, this is a role where you’ll thrive.

The ideal candidate is comfortable working across multiple systems and is flexible enough to make their way in a complex environment.

Culture & Benefits Offering

• Flexible hybrid work environment - split your time between home and the office (home 4 days, office 1 day). Until you are up and running in the role, you are expected to be in the office more days to receive training.
• Salary with annual bonus incentive opportunity.
• Permanent role.
• Comprehensive leave benefits, including paid parental leave, purchased leave options, volunteer leave and study leave.
• Access to novated leasing and financial wellness courses.
• Professional development opportunities, stretch opportunities and annual development plans.
• Great office location on 367 Collins Street.
• Monthly social events, team lunches and annual celebrations.
• Access to health & wellbeing programs, flu shots and EAP.
• Employee recognition programs (peer awards, monthly and annual recognition).
• Bookclub, footie tipping, lots of ways to engage with the wider team.

Key Responsibilities

• Stock and Cash Reconciliations – Perform daily reconciliations for omnibus/scheme and client sub-accounts using IPS (IRESS), SS&C Recon, and Platform & investigate and resolve breaks.
• Quarterly Rebates – Calculate and process managed fund rebates; liaise with outsourced teams to resolve related queries.
• Income and Corporate Actions – Process dividends, distributions, and interest income; reconcile discrepancies and handle corporate actions such as rights issues and capital returns.

Desired Qualifications, Experience and Competencies

• Tertiary degree in a business-related discipline.
• Background in funds management, platforms, or custody environments.
• Knowledge of IPS (IRESS) and Praemium systems advantageous.
• Strong Excel skills.
• Tech-savvy and analytical.
• High attention to detail.
• Collaborative.
• Strong communicator.
• Problem solver.

How to Apply

Please apply with your CV detailing how your experience and abilities align with the key responsibilities of the role.

We are committed to building a diverse and inclusive workforce and welcome applications from all qualified candidates.

Please Note: Only applicants with full, unrestricted work rights in Australia will be considered. A police check will be required for successful candidates.

Who We Are

Praemium is a leading provider of next generation wealth management solutions, empowering advisers to deliver exceptional outcomes for high net worth clients.

The recent acquisition of Technotia Laboratories brings world class scientific, engineering and design expertise in house, significantly strengthening Praemium’s advanced technology, computing and machine intelligence capabilities.

By combining trusted wealth management experience with proprietary innovation, Praemium is setting a new benchmark for automation, precision and scalable advice delivery.

Continuous Improvement. Intelligent innovation. Client-first outcomes. The Praemium way.