Fund Accountant

Exceed; Sandton, Cape Town; On-site; ZAR 480,000 - 720,000; Full time

Job summary

Exceed Human Resource Consultants seeks a Fund Accountant to handle NAV reporting, investor allocations, subscriptions, redemptions and financial statement preparation. The role requires CA(SA)/ACA/ACCA/CIMA designation with 2–4 years post-qualification experience in fund accounting or fund administration.

The successful candidate will reconcile complex investment structures, collaborate with lenders and auditors, and leverage AI tools to streamline processes while ensuring IFRS compliance and

Qualifications

• Qualified accountant with a professional designation (CA(SA)/ACA/ACCA/CIMA).
• 2–4 years post-qualification experience in fund accounting or fund administration.
• Experience with open- and closed-ended fund structures and NAV reporting.

Responsibilities

• Prepare NAV reports monthly and quarterly and reconcile with fund administrators.
• Maintain loan-level accounting records including interest accruals and fees.
• Calculate management and performance fees and reconcile fund expenses.

Skills

Excel/Sheets

Attention to detail

Stakeholder management

Education

CA(SA)/ACA/ACCA/CIMA

Tools

Excel

Google Sheets

Xero

Margill

Job description

Reference:11449 AV

Consultant:Anneke Viviers

Job Description:

• Prepare monthly and quarterly NAV reports and reconcile figures with fund administrators.
• Maintain loan-level accounting records, including interest accruals, fees and foreign exchange.
• Calculate management and performance fees and reconcile fund expenses.
• Process capital calls, investor drawdowns, subscriptions, redemptions, distributions and transfers.
• Assist with fund financing facilities, repayments and lender covenant reporting.
• Prepare financial reports, management information, budgets and board packs.
• Coordinate annual fund audits, prepare supporting schedules and respond to auditor queries.
• Assist with tax reporting and compliance in collaboration with external tax advisers.
• Support investor reporting and respond to due diligence requests.
• Liaise with fund administrators, auditors, depositaries, AIFMs and tax advisers.
• Identify opportunities to improve fund accounting processes through AI, automation and coding.
• Collaborate with internal teams to ensure accurate and timely financial reporting.

Qualifications:

• Qualified accountant: CA(SA), ACA, ACCA or CIMA.
• 2–4 years’ post-qualification experience.
• Currently working in fund accounting or fund administration.
• Experience with open- and closed-ended fund structures.
• Knowledge of NAV reporting, investor allocations, subscriptions, redemptions and financial statement preparation.
• Solid knowledge of IFRS.
• Strong Excel or Google Sheets skills.
• Confident, hands‑on use of AI tools to improve processes.
• Excellent attention to detail, initiative and accountability.
• Ability to manage multiple funds, competing deadlines and stakeholder relationships.

Advantageous:

• Experience in private credit or private debt.
• Exposure to loan-level accounting or fund financing facilities.
• Knowledge of Luxembourg GAAP or US GAAP.
• Experience with scripting or coding.
• Familiarity with Google Workspace, Margill and Xero.