Fund Accountant

Frogg Recruitment; Cape Town; On-site; ZAR 400 000 - 600 000; Full time

Job summary

A financial services firm in Cape Town seeks an experienced Fund Accountant to oversee day-to-day business and financial operations. Candidates should have a minimum of 2-3 years in fund accounting with an understanding of regulation 28 monitoring and advanced Excel skills. This role involves supporting financial reporting and reconciliation processes. It is a designated EE role only.

Qualifications

• 2-3 years’ experience in fund accounting and administration.
• Experience working for CIS/Manco and linked-life companies is preferred.
• Understanding of unit trust, pricing and reporting.

Responsibilities

• Fund Accounting of trust and reporting.
• Assist with month-end close process.
• Support the finance department with regulatory requirements.
• Monitor and perform reconciliations.
• Engage with outsourced administrators.

Skills

Fund accounting

Regulation 28 monitoring

Tax calculations

Advanced Excel skills

Management accounting

Reconciliation

Operational support

Education

BCom or relevant degree

Job description

Fund Accountant required in Constantia, Cape Town.

Our financial services client seeks an experienced Fund Accountant / Finance and Operations Consultant with 2 to 3 year’s experience in fund accounting and administration.

Primary goal is to ensure the day-to-day business and financial operations.

Manco experience is needed.

This is a EE role only.

Minimum requirements:

• BCom or relevant degree
• 2-3 years’ experience of fund accounting and administration
• Experience with regulation 28 monitoring
• Tax Calculations of funds
• Asset holdings reports
• SARB Reporting experience
• Understanding of unit trust, pricing and reporting
• Have you worked on Life pools – experience with this an advantage
• Experience working for CIS/Manco and linked-life company preferred
• Advanced excel skills
• Management accounting and reporting experience

Key Duties and Responsibilities:

• Fund Accounting of trust and reporting
• Assist with month-end close process relating to journal entries, bank and account reconciliations.
• Support the finance department with preparing and delivering regulatory, compliance and audit requirements.
• Support the operational finance function by monitoring, performing reconciliations and following up as needed.
• Capture and process accounting transactions and day-to-day treasury
• Involvement in special projects that span various functions within finance and operations.
• Engaging and reporting (incl. reconciliation of fees) with the outsourced administrator
• Assist in the collection of data in preparation of the annual financial statements.
• Assist with bank account opening, scrip account opening, local and offshore.
• Monitoring and responding to queries in our dedicated mailboxes