Assistant Manager

Apex group; Cape Town; On-site; ZAR 600,000 - 900,000; Full time

Job summary

Apex Group seeks an Assistant Manager to oversee fund accounting services. This role requires a Commerce degree and 5+ years of experience. Responsibilities include team supervision, training, ensuring timely valuation reports, and improving procedures. Join us to be part of a dynamic international team.

Qualifications

• At least 5 years related experience.
• Thorough knowledge of the fund valuation process.
• Effective time management skills.

Responsibilities

• Monitor and control service delivered by team.
• Mentor team members and identify training needs.
• Review valuations and ensure accuracy.

Skills

Financial Accounting

MS Excel

Management skills

Interpersonal skills

Attention to detail

Problem-solving

Communication skills

Education

Commerce degree or diploma

Job description

The Apex Group was established in Bermuda in 2003 and is now one of the world’s largest fund administration and middle office solutions providers.

Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.Your career with us should reflect your energy and passion.

That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience.

Take the lead and we’ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.

For our business, for clients, and for you

Description

TheAssistant Managerrole involves monitoring and controlling the service as delivered by their team of Senior Fund Accountants and Fund Accountants throughout the contract with the client, to ensure that:

• Identify the training and development needs of his/herteam.
• Mentor teammembers.
• Perform a thorough review of valuations up to the final sign-offstage.
• Ensure service levels are maintained and
• Liaise with clients and assist with the implementation of new processes and procedures

Job specification

The brief description outlined above will involve the following specific duties:The brief description outlined above will involve the following specific duties:

• Planning and controlling team workload andworkflow.
• Provide informal on the job training for teammembers.
• Liaise with the other departments in respect of issues affecting the output of the supervisor’steam.
• Ensure that Accounting and Valuations procedures are correctly followed by the team under theirsupervision.
• Ensure that Net Asset Value calculations are prepared in a timely, efficient and accuratemanner.
• Review valuations up to final sign-offstage.
• Ensure that valuation reports are sent to clients within agreeddeadlines.
• Provide fund auditors with the required information and explanations asrequested.
• Suggest and implement valuation procedure and process improvements;Ensure that all filing for the section is kept up to date and is performed in a neat and orderly manner.
• Responsible for FundAccounting.
• Manualsexcel NAV file verification roll forward.
• Security position and pricereview.
• Cash and interestreconciliation.
• Reporting.
• 3rd Partyvalidation.
• Calculation of income distribution and

Skills Required:

• Commerce degree or diploma with at least Financial Accounting2;
• At least 5 years’ relatedexperience.
• Proficient in MSExcel.
• Hedge fund industry knowledge.
• Necessary management and interpersonal skills to manage a team of fundaccountants.
• Thorough knowledge of the fund valuation process and all elementsthereof.
• A high level of attention to detail and accuracy in order to review valuations and ensure a high level of quality in the output of the Accounting and Valuationsfunction.
• Effective time management skills to achievedeadlines.
• A high level of problem-solving skills and
• Exceptional communication skills

Disclaimer : Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.

Our Story

About Apex Group

We are dedicated to driving positive change in financial services while fuelling the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the asset serving industry through our investment in innovation and talent. Today, we set the pace in asset servicing and stand out for our unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals.

We’re a people-powered business, and our people are full of ambition. Together, we’re inspired to lead the new era of data and tech enabled service. Bringing new products and services to market. Sharpening our client focus. Disrupting the market to exceed expectations. Innovating across a range of specialisms. With our focus on making a difference to our people, our planet and our society, you’ll experience more here than you would at most other companies.

Working at Apex

Prepare to accelerate.

We’re a people-powered business with a vision to inspire a new era of service-led FinTech. We’re expanding globally and offering more to our clients. This means you get more opportunities to grow with us. So prepare to accelerate. We’ll make sure the time and effort you put in takes you further, faster.

Positive change starts with you.

We’re a people-powered business with a vision to inspire a new era of service-led FinTech. We’re expanding globally and offering more to our clients. This means you get more opportunities to grow with us. So prepare to accelerate. We’ll make sure the time and effort you put in takes you further, faster.

The journey is yours to own.

When you stretch yourself, you grow. We want you to explore ways of working that will see you thrive as part of something bigger. We’ll help you with a solid structure, challenging projects, vibrant networks, supportive colleagues and approachable leaders. All the things you need to own your unique journey.