Fund Accountant

C40 Cities; Cape Town; On-site; ZAR 300 000 - 700 000; Full time

Job summary

An exciting opportunity awaits a proactive Fund Accountant to join a leading global financial services firm in Cape Town. This role offers a dynamic environment where you will handle financial reporting, cash management, and collaborate with a talented team. With a focus on investment management, you will review financial statements, manage audits, and assist with fund budgets. The company is committed to employee growth and fosters a supportive culture. If you are ready to elevate your career in a thriving financial services environment, this role is perfect for you.

Qualifications

• 4-6 years of experience in fund accounting and private equity.
• Understanding of valuation, consolidation, and partner allocations.

Responsibilities

• Review quarterly and annual financial statement packages.
• Manage internal and external audit requests and cash expenditures.

Skills

Financial Reporting

Cash Management

Communication Skills

Analytical Skills

Organizational Skills

Education

Professional Accountancy Qualification (CA(SA) / ACCA)

Tools

Microsoft Excel

Job description

An exciting opportunity has arisen for a highly motivated and proactive Fund Accountant to join a leading global financial services firm in Cape Town. The successful candidate will be part of a dynamic team, handling the financial reporting of funds alongside internal reporting, cash management, document storage/management and project work. This role offers an excellent platform for growth and development within a supportive and inclusive environment.

What you'll do:

• Review quarterly and annual financial statement packages including investor reporting
• Manage internal and external audit requests
• Coordinate delivery of investment documentation to fund administrator and depositary
• Respond to investor audit confirmations and ad hoc queries
• Assist with managing cash expenditures and maintain fund budgets with service providers and internal approvals
• Work closely with senior team members on accounting and operational issues

What you bring:

• Professional accountancy qualification CA(SA) / ACCA or equivalent
• 4-6 years of combined Big 4 and private sector or relevant work experience in fund accounting and private equity
• Understanding of valuation, consolidation, partner allocations, distribution waterfalls, IRRs, investor multiples
• Excellent communication and organisational skills with the ability to manage upwards.
• Proficient knowledge of Microsoft Excel and strong analytical skills
• Ability to work in a fast-paced environment and to adapt and learn quickly

What sets this company apart:

Our client is a leading global private markets manager who manages a significant amount of assets. Their ability to bring to bear the full extent of their global resources on any situation gives them a competitive advantage when sourcing new investment opportunities and when creating value during their ownership period. This is an excellent opportunity to join a company that values its employees and offers a supportive and inclusive work environment.

What's next:

If you're ready to take the next step in your career, apply today!

About the job

Contract Type: FULL_TIME

Focus: Investment Management

Workplace Type: Hybrid

Experience Level: Associate

Location: Cape Town

Specialism: Banking & Financial Services

Industry: Financial Services

Salary: Negotiable

Job Reference: HGSAHM-C197FF86

Date posted: 24 February 2025

Consultant: Cindy Duplessis