Disclaimer

The results obtained from these calculators are for general purposes only to illustrate the effect of compound interest and are not intended as a substitute for professional financial advice. Before making any financial decisions on the basis of these results, you will need to consult with an independent financial planner or accountant as well as consider whether the advice is suitable to meet your personal financial objectives and circumstances.

The actual performance of any investments will depend on future economic conditions, investment management, fees and taxation. Past performance is no guarantee of future performance and as a result of this, all the results are hypothetical and are NOT GUARANTEED.

Nambawan Super specifically disclaims any liability for any direct, indirect, incidental, consequential or special damages arising out of or in any way connected with the access to or use of these calculators. To the extent permitted by law, under no circumstances will Nambawan Super be liable for any loss or damage caused by a user's reliance on the information by using these calculators.

Assumptions

Projected super balance at retirement:

The projected total super balance takes into account your starting balance, employee and employer contributions, any additional voluntary contributions as well as interest earned between now and your retirement.

Retirement age:

We have assumed a default retirement age of 65. This can be adjusted in the calculator.

Working life:

The calculator assumes that you will have a continuous working life with no breaks up to your retirement age.

Interest rate:

The default investment returns have been set at 6.0%. This is based on the Nambawan Super 10-year average interest rate.

Employee contributions:

PNG Superannuation laws dictate that 6% is the mandatory minimum contribution for employees to make. Employees may choose to contribute more than the minimum.

Employer contributions:

PNG Superannuation laws dictate that 8.4% is the mandatory minimum contribution that employers have to make. Employers may choose to contribute more than the minimum.

Job Posted: 6 May 2024

We are currently seeking to recruit a suitably qualified, experienced and highly motivated individual for the position of Financial Systems Analyst based at our Head Office in Port Moresby.  

 

This role reports to the Deputy Chief Financial Officer, and is responsible for the seamless flow of financial systems and processes including workflows, data quality and reporting of all the divisions within the Department.  

Key responsibilities:

  • Regular review and examination of all financial systems and workflows.
  • Monitor and maintain data integrity across all financial systems. 
  • Regular audits on transactional data, reports and system functionalities.
  • Solving problems with existing systems (Pronto).
  • Analyses feasibility and develop SOPs and requirements for new business systems.
  • Provide necessary user trainings and awareness.
  • Manage projects to ensure no interruptions from IT changes to the systems.     

Minimum Requirements:

  • Bachelor’s degree in Accounting, Finance, Commerce, Business or IT discipline.   
  • Experience in Financial Systems Analyst role or similar with aligned industry.   
  • Proficient in Pronto ERP Systems, Microsoft Office Suite including Visio & Excel.
  • Sufficient knowledge of Accounting, Budgeting and Finance processes.  
  • Sufficient knowledge of Superannuation Legislations.  
  • Self-reliant, highly motivated and resilient individual and can work under minimal supervision.
  • Possess meticulous attention to detail, good organizational, analytical & interpersonal skills.

Why join Nambawan Super?

It’s an exciting time to join Nambawan Super, as the Fund continues to invest heavily in new technology, and is committed to transforming the member experience. We also offer excellent remuneration, commensurate with skills and experience.

To apply for the position, please submit a cover letter outlining why you are suitable for the position and your resume outlining your experience and qualifications. Please forward your application & credentials including 3 current referees to email: recruitment@nambawansuper.com.pg  


Applications Close on Friday, 17 May 2024.

Please Note: Only shortlisted candidates will be contacted for an interview.

Back to job vacancy listing