Finance Associate - Expense Management

C40 Cities; Cape Town; On-site; ZAR 500,000 - 800,000; Full time

Job summary

An exciting opportunity for a Finance Associate has arisen at a prestigious private equity and investment advisory firm in Cape Town. This role involves managing expense allocations, ensuring compliance, and collaborating with internal and external teams for efficient financial operations.

Qualifications

• Min. 3 years of experience in asset management focusing on expense allocation.
• Strong understanding of US, EU and UK compliance rules for funds.
• Experience with complex legal documents related to fund structures.

Responsibilities

• Manage the entire expense allocation lifecycle.
• Collaborate for precise expense allocation and payment processing.
• Ensure compliance protocols for allocations are applied consistently.

Skills

Analytical Skills

Communication

Organizational Skills

Education

Bachelor's Degree in finance, accounting, law, or a related field

Job description

An exciting opportunity has arisen for a Finance Associate in Expense Management to join a leading global private equity and investment advisory firm in Cape Town.

As a Finance Associate at this world-class firm, you will be integral to the Finance and Compliance teams, taking full ownership of the comprehensive expense allocation process.

Key qualifications and experience required for the Finance Associate :

• Completed Bachelor's Degree in finance, accounting, law, or a related field
• Min. 3 years of experience in asset management with a focus on expense allocation
• Proven ability to analyse large data sets
• Experience with complex legal documents related to fund structures like CLOs or private funds is highly desirable
• Strong understanding of US, EU and UK compliance rules for alternative investment funds
• Familiarity with best practices in risk management for expense allocation in financial services

Key duties of the Finance Associate :

• Manage the entire expense allocation lifecycle, ensuring accuracy and consistency across investment vehicles.
• Collaborate with internal teams and external providers for precise expense allocation, payment processing, and reconciliation.
• Analyse legal documents to interpret allocation language and maintain an updated allocation matrix per firm protocols.
• Ensure compliance protocols and methodologies are consistently applied, accurately calculating and documenting allocations.
• Lead updates and technological improvements in the expense allocation process to enhance operational efficiency.
• Support audits and regulatory examinations by providing necessary documentation and responses.
• Assist with fund-level expense reporting in line with Private Fund rule requirements.
• Maintain and regularly review policies and procedures related to expense allocation.
• Contribute to ad-hoc projects and initiatives as needed by the Finance or Compliance teams.

Key personal skills:

• Excellent communication skills for effective interaction with colleagues and external providers
• Strong organisational and time management abilities for multitasking in high-performance settings
• Collaborative yet independent work style, fostering positive team relationships

If you are a dynamic finance professional eager to join a prestigious private equity and investment advisory firm, we invite you to explore this impactful role.