Fund Accountant Century City

Elev8 Recruitment Services (Pty) LTD; Milnerton; On-site; ZAR 420,000 - 650,000; Full time

Job summary

GLOBAL Investment Firm in Milnerton, Western Cape, South Africa, is seeking a Fund Accountant to join their finance team and support NAV calculations, trade capture, and daily cash movements.

The role requires an accounting/finance degree and SAICA/SAIPA articles or 1–2 years in fund accounting or financial services. Strong numerical and analytical skills are essential for success in this role.

Qualifications

• Accounting/Finance/Investments related Degree is required.
• Completed SAICA/SAIPA articles OR 1-2 years relevant experience in fund accounting/financial services/investment arena.

Responsibilities

• Collating, calculating, processing, investigating, and checking fund information to produce the Net Asset Values for specific Funds within defined deadlines and regulatory requirements.
• Capturing of investment trades.
• Performing accurate Net Asset Value calculations including expense and accrual calculations.
• Performing weekly/daily cash and stock reconciliations and proper investigation and resolution of any reconciling differences.
• Performing daily cash management, including preparing payment and transfer instructions and updating cash transactions.
• Performing daily/monthly asset pricing.
• Monitoring sources for Corporate Actions and updating the system.
• Capturing daily cash movements as well as trades and updating transactions.
• Investigating and answering queries with dealers, brokers, custodians, auditors, and clients.
• Ensuring compliance with company policy and procedures, client service level agreements, and internal controls.
• Performing weekly/monthly compliance checks.
• Sending out valuation e-mails to pre-defined distribution lists.
• Completion of quarterly statutory returns.
• Accurately updating and maintaining relevant sections in the delivery matrix.

Skills

Numerical skills

Attention to detail

Problem solving

Education

Accounting/Finance/Investments related Degree

SAICA/SAIPA articles OR 1-2 years experience

Job description

GLOBAL Investment Firm - Fund Accountant Opportunity

GLOBAL Investment Firm is offering this exciting opportunity to join their dynamic team of Fund Accounting professionals.

Do you have a passion for the financial services/investment world and desire to further your accounting career within this profession?

One would describe you as a numerically inclined analytical thinker who has a real passion, interest, or desire to work within the investment/financial services arena.

You possess solid accounting skills, attention to detail, and problem-solving abilities together with a real hunger to learn and grow your career.

Responsibilities:

• Collating, calculating, processing, investigating, and checking fund information to produce the Net Asset Values for specific Funds within defined deadlines and regulatory requirements.
• Capturing of investment trades.
• Performing accurate Net Asset Value calculations including expense and accrual calculations.
• Performing weekly/daily cash and stock reconciliations and proper investigation and resolution of any reconciling differences.
• Performing daily cash management, including preparing payment and transfer instructions and updating cash transactions.
• Performing daily/monthly asset pricing.
• Monitoring sources for Corporate Actions and updating the system.
• Capturing daily cash movements as well as trades and updating transactions.
• Investigating and answering queries with dealers, brokers, custodians, auditors, and clients.
• Ensuring compliance with company policy and procedures, client service level agreements, and internal controls.
• Performing weekly/monthly compliance checks.
• Sending out valuation e-mails to pre-defined distribution lists.
• Completion of quarterly statutory returns.
• Accurately updating and maintaining relevant sections in the delivery matrix.

Education and Experience Required:

• Accounting/Finance/Investments related Degree.
• Completed SAICA/SAIPA articles OR 1-2 years relevant experience gained within the fund accounting/financial services/investment arena.

Please Note: Only shortlisted candidates will be contacted. If you do not hear from us within two weeks, please consider your application unsuccessful.