Fund Accountant

Apex Group Ltd (UK Branch); Cape Town; On-site; ZAR 300 000 - 550 000; Full time

Job summary

A leading fund administration company in Cape Town is seeking a Fund Accountant to manage fund valuations and ensure accurate administration. Responsibilities include generating daily reports, reviewing processes for improvement, and maintaining client relationships. Ideal candidates should have a BCom or equivalent, with a preference for those experienced in asset management and investment products. Excellent communication skills and proficiency in MS Office, particularly Excel, are essential. Join a dynamic team that values your growth and innovation.

Qualifications

• Minimum of 6-12 months experience as a fund accountant or similar background.
• Experience with investment products like Unit Trusts and ETFs is advantageous.

Responsibilities

• Manage fund valuations within the Institutional Funds space.
• Generate and distribute daily valuation files.
• Review processes for continuous improvement opportunities.
• Communicate and respond to internal and client queries.

Skills

Experience in Asset Management portfolio administration

MS Office & IT packages (particularly Excel)

Excellent communication skills (written and verbal)

Self-motivated and confident

Education

BCom or similar, in accounting, economics or investments

Tools

Excel

Invest One

Decalog

Xceptor

Job description

The Apex Group was established in Bermuda in 2003 and is now one of the world’s largest fund administration and middle office solutions providers.

Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.Your career with us should reflect your energy and passion.

That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience.

Take the lead and we’ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.

For our business, for clients, and for you

Role Summary

Fund Accountant must manage to perform fund valuations within the Institutional Funds space. The Fund Accountant will be required to administer the funds efficiently, accurately and within daily deadlines as well as setting up and ensuring checklists and standards are adhered to.

Job Specifications

• Generation and distribution of daily valuation files.
• Responsibility for income distribution and TER calculations and providing them to clients timeously.
• Reviewing all processes to assess continuous improvement and automation opportunities and presenting recommendations to management.
• Responsibility for all the daily processes that goes into the fund valuation.
• Communicating and responding to queries internally and from the client, working with the Senior and Team Leader in resolving such queries.
• Dealing with client queries and audit queries.
• Communicating and answering any queries on the funds from the team.
• Performing valuation quality assurance reviews and ensuring consistent quality of output.

The main responsibilities of the role will be to:

• Update the Apex systems with all the daily prices and the verification of these prices.
• Verify on a daily basis that all systems have been updated through external price feeds and that the data is correct.
• Input on a regular basis into the update of process documentation to record any changes in procedures or additional responsibilities allocated to the individual.
• Achieve deliverables against agreed deadlines and manage expectations with clients.
• Ensure all queries are identified and actioned timeously, 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 the need arises.
• Stand in as a back-up for colleagues.

Skills Required

• Experience in Asset Management portfolio administration and pricing is preferred.
• Experience with investment products (including Unit Trusts, Multi-Manager, Segregated Portfolios, ETF’s, Pooled products) either locally or internationally an advantage.
• An 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 communication skills (both written and verbal);
• Confident, enthusiastic and self-motivated.
• A track record of achievement; and
• To work independently in meeting deadlines and still work within a team environment track record of achievement.

Minimum Requirements

• Have minimum of 6-12 months experience as a fund accountant or a similar background.
• A BCom or similar, accounting, economics or investments background

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.