Senior Accountant - Private Equity Fund Accounting

Apex group; Johannesburg; On-site; ZAR 30 000 - 70 000; Full time

Job summary

An established industry player is seeking a Senior Accountant to join their dynamic team. This role involves managing accounting functions for private equity clients, ensuring timely reporting, and mentoring junior staff. You'll play a crucial part in preparing financial statements, handling investor communications, and supporting annual audits. The ideal candidate will have a strong foundation in IFRS and Luxembourg GAAP, with a proactive approach to challenges. Join this innovative firm to elevate your career and make a significant impact in the financial sector.

Qualifications

• Progressing towards CA(SA), SAIPA, ACCA, or CIMA qualification preferred.
• At least 2 years relevant accounting experience, ideally in private equity.

Responsibilities

• Handle accounting functions and reporting for a portfolio of private equity clients.
• Prepare financial statements and manage the audit process according to IFRS.

Skills

IFRS Knowledge

Luxembourg GAAP

Microsoft Office Proficiency

Investran Familiarity

Organizational Skills

Communication Skills

Collaborative Skills

Education

CA(SA)

SAIPA

ACCA

CIMA

Tools

Investran

Job description

Job Title: Senior Accountant - Private Equity Fund Accounting

Location: Gauteng, Johannesburg | Deadline: May 28, 2025

We offer support and opportunities for industry leaders to innovate and excel. Join us to make a significant impact for our clients, our business, and your career.

The successful candidate will handle accounting functions and reporting for a portfolio of private equity clients, assist with review processes, and mentor junior staff.

Main Duties and Responsibilities

Investor Services and Transfer Agency

• Deliver investor communication and reporting timely and according to SLAs and fund documentation
• Respond to investor queries and manage transactions like capital calls and distributions
• Handle accounting for investor transactions

Accounting and Fund Operations

• Understand client fund documentation and requirements
• Assist with fund payment processing and perform primary fund accounting functions

Includes:

• Cash book processing and bank reconciliations
• Monthly/quarterly expense and income journal entries
• Calculation of performance fees, carried interest, and related items
• Verification of third-party information
• Investment transaction accounting, including valuation reviews, IRR calculations, and NAV delivery

Annual Audit

• Prepare financial statements and audit files in accordance with IFRS, Lux GAAP, or other standards
• Manage the audit process, coordinate timelines, and resolve queries

Client Management

• Conduct operational calls and maintain client relationships
• Coordinate with internal teams to ensure seamless service delivery

Review and Training

• Assist with fund reviews and provide training to junior staff and interns

Regulatory and Administrative Tasks

• Support regulatory reporting and other ad hoc tasks as needed

Qualifications & Experience

• Progressing towards CA(SA), SAIPA, ACCA, or CIMA qualification preferred
• At least 2 years relevant accounting experience, ideally in private equity or real estate

Skills

• Knowledge of IFRS and Luxembourg GAAP advantageous
• Understanding of fund structures and multi-currency accounting
• Proficiency in Microsoft Office and familiarity with Investran is beneficial
• Strong organizational, communication, and collaborative skills

Personal Characteristics

• Proactive, confident, and eager to grow
• Ability to challenge and accept decisions appropriately
• Accountable and driven to achieve high performance