Fund Accountant

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

Job summary

A leading financial services firm is seeking a Fund Accountant to manage fund valuations and ensure compliance with deadlines. The ideal candidate will have a BCom degree and at least 6–12 months experience in fund accounting or a similar role. Responsibilities include handling client queries, performing quality assurance on valuations, and enhancing process efficiencies. Strong skills in Excel and asset management are preferred. This position is located in Cape Town, South Africa.

Qualifications

• 6–12 months experience as a fund accountant or in a similar background.
• Experience with Unit Trusts, Multi-Manager, and ETFs is advantageous.

Responsibilities

• Manage fund valuations and ensure adherence to deadlines.
• Build strong relationships with clients and respond to queries.
• Perform valuation quality assurance and recommend improvements.

Skills

Asset-management portfolio administration

Investment products knowledge

MS Office expertise

Communication skills

Self-motivated

Ability to work independently

Education

BCom or similar degree in accounting, economics or investments

Tools

Excel

Invest One

Decalog

Xceptor

Job description

Role Summary

Fund Accountant must manage fund valuations within the Institutional Funds space, administer funds efficiently, accurately and within daily deadlines, and set up and ensure adherence to checklists and standards.

Job Specifications

• Generation and distribution of daily valuation files.
• Responsibility for income distribution and TER calculations and providing them to clients timeously.
• Review all processes to assess continuous improvement and automation opportunities and present recommendations to management.
• Responsible for all daily processes that go into the fund valuation.
• Communicate and respond to internal and client queries, working with Senior and Team Leader in resolving such queries.
• Deal with client queries and audit queries.
• Communicate and answer any queries on the funds from the team.
• Perform valuation quality assurance reviews and ensure consistent quality of output.

Primary Responsibilities

• Update the Apex systems with all daily prices and verify these prices.
• Verify daily that all systems are updated through external price feeds and that the data is correct.
• Regularly update process documentation to record any changes in procedures or additional responsibilities.
• Achieve deliverables against agreed deadlines and manage client expectations.
• Ensure all queries are identified and acted on time, per SLAs with clients.
• Build and maintain strong working relationships with external and internal clients.
• Assist Team Leaders and Specialists with ad-hoc projects as needed.
• Stand in as a backup for colleagues.

Skills Required

• Experience in asset-management portfolio administration and pricing preferred.
• Experience with investment products (Unit Trusts, Multi-Manager, Segregated Portfolios, ETFs, pooled products) locally or internationally an advantage.
• Excellent working knowledge of MS Office & IT packages, particularly Excel.
• Knowledge of Invest One, Decalog, and Xceptor an advantage.
• Good understanding, knowledge and experience of back-office administration processes and accounting.
• Excellent written and verbal communication skills.
• Confident, enthusiastic and self-motivated.
• Track record of achievement and ability to work independently within deadlines while being part of a team.

Minimum Requirements

• Minimum of 6–12 months experience as a fund accountant or a similar background.
• BCom or similar degree in accounting, economics or investments.

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.