Fund Accountant

TMF Group; Cape Town; On-site; ZAR 300 000 - 450 000; Full time

Job summary

Join a leading international fund services company as a Fund Accountant in Cape Town. You will assist with tax and audit processes, manage client deliverables, and prepare financial statements. This role offers professional development and the chance to work in a dynamic environment.

Benefits

Professional development opportunities

Extensive individual further training opportunities

Flat hierarchies with direct contact to management

Qualifications

• At least 2 years’ experience in Fund accounting for Alternative Funds.
• Good knowledge of IFRS and ideally other GAAPs.

Responsibilities

• Assist the manager with tax and audit processes.
• Preparation of quarterly management fee calculations.
• Ownership of client product delivery, managing timelines.

Skills

Accurate

Self-motivated

Deadline driven

Education

Bachelor’s degree in accounting

Tools

Investran

Yardi

Job description

TMF Fund Services is an independent alternative fund administrator with over two decades of experience in providing an extensive range of services, coupled with a very personal approach. We combine our technology, expertise and global infrastructure to deliver a customized package of services to our clients. These include Fund Administration, Investor Services, Portfolio & Managed Account Services, Depositary and Corporate Services.

Key Responsibilities

• Assist the manager with tax and audit processes
• Provide necessary information to auditors and tax accountants for completion of audits and tax returns within scheduled time frames
• Ownership of client product delivery, managing both internal and external timelines
• Preparation of accurate:
• Quarterly management fee calculations
• Management accounts
• Annual financial statements in accordance with applicable financial reporting framework
• Distribution calculations and distribution letters
• Capital call calculations and capital call letters
• Carried interest and waterfall calculations
• Equalization calculations
• Investor registers
• Payments
• Any other deliverables as agreed in administration agreement

Requirements

• Bachelor’s degree, preferably in accounting
• At least 2 years’ experience in Fund accounting for Alternative Funds (Private Equity, Real Estate, Private Debt) or completed SAICA/SAIPA articles
• Good knowledge of IFRS and ideally other GAAPs
• Knowledge of Investran and/or Yardi– this would be considered as advantage
• Familiarity with tax-efficient European fund structures and related investment vehicles and regulatory requirements – this would be considered as advantage
• Other characteristics: accurate, self-motivated and able to work both independently and as part of a team, deadline driven and able to maintain a portfolio of clients

What's in it for you?

An exciting opportunity in an international company
Professional development opportunities as well as extensive individual further training opportunities, supported by our TMF Business Academy
A career within an ever evolving market
Flat hierarchies with direct contact to management and international exchange
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About the company

TMF Group provides accounting, corporate secretarial, HR administrative and capital market support to companies of all sizes in 80+ countries.