Fund Accountant – Fund Services

JTC Group; Cape Town; On-site; ZAR 480,000 - 680,000; Full time

Job summary

JTC Group is seeking a diligent financial services professional to collate and calculate NAVs for multiple funds administered by the firm. The role focuses on accuracy, timely delivery, and adherence to IFRS/FRS102 standards while maintaining strong client relationships.

Key duties include cash management, trade processing, reconciliations, and timely preparation of fund statements. The ideal candidate has a tertiary accounting/finance qualification and completed SAICA/SAIPA articles with

Qualifications

• Strong accuracy and attention to detail in financial data and NAV calculations.
• Ability to work under pressure to meet regulatory deadlines.
• Solid problem-solving skills to investigate discrepancies and resolve issues.

Responsibilities

• Collate, calculate, process, investigate and check fund information to produce NAVs for Funds managed by JTC.
• Draft financial statements and disclosures in line with IFRS/FRS102 for client entities.
• Prepare and monitor cash movements, investment trades and update transactions in InvestOne/Investran.

Skills

Attention to detail

Problem-solving

Under pressure

Education

Accounting/Finance qualification

Job description

To collate,calculate, process, investigate and check fund information in order to producethe Net Asset Values for thespecific Fundswhich JTC administers within defined deadlines and regulatory requirements.

To draft financial statements and other financial related disclosures for client entities accurately in line with International Accountants standards (IFRS/FRS102) on a timely basis, in accordance with the most relevant accounting standards and client driven requirements.

MAIN DUTIES ANDRESPONSIBILITIES

• Prepare, monitor andcapture cash movements (cash management), investment trades and updatetransactions in InvestOne/Investran to ensure an accurate and timely deliveryof the Accounts/NAV.
• Prepare and perform weekly/daily cash and stock reconciliationsincluding proper investigation of alloutstanding issuesto ensure a timely resolution of any reconciling differences and no NAV errorsoccur.
• Monitor asset pricing and pricing sources for corporate actions to ensure securitiesare updated and valued correctly on InvestOne/Investran and no asset pricingerrors occur within the Accounts/NAV.
• Perform and checkweekly/daily expense and accrual calculations to ensure that they are reflectedcorrectly in the Net Asset value calculation.
• Prepareand produce an accurate NAV to ensure Reviewers discover no errors on workreviewed resulting in the timely delivery of the Accounts/NAV.
• Proactivelyinvestigate queries with dealers; brokers; custodians; auditors and clients toensure a timely resolution of all queries. Where applicable to communicate andescalate potential issues in a prompt and effective manner.
• Understandand implement company policies and procedures; client service level agreementsand internal controls to ensure compliance thereof and no Custodian or externalaudit findings occur as a result of them not being applied.
• Prepare and send outall valuation e-mails to a pre-defined distribution list to ensure all partieshave been timely informed of the NAV.
• To produce financial statements for portfolio of clients in accordance with the applicable financial standards, and to ensure that the accounts are produced in accordance with the regulatory deadlines and the deadlines agreed with the client.
• To project manage the client audit process internally according to an agreed timetable to ensure all parties are delivering as agreed and the manager or supervisor is informed of any obstacles and/or delays.
• Attend pre and post audit meetings to ensure audit planning, comments and recommendations as well as any post audit adjustments to be made to valuations are discussed.
• Ability to build strong relationships with clients and providing quality service to clients under the assigned portfolio.
• Prepareand complete all quarterly statutory returns to ensure specific fundsregulatory requirements are fulfilled.
• Accuratelyupdate and maintain the relevant sections in the delivery matrix to ensure allparties are aware of what has been completed and Oversight can promptly reviewthe NAV where required.
• Prepare and complete all sundry administrative tasks, including (but not limited to) accurate/timely time recording and filing of Accounts/NAV within Viewpoint.
• Monitor clientmailboxes on a daily basis be resolving queries where possible or escalatingwhere required.
• Prepare accurate payment instructions and provide to checker for authorisation in a timely manner.

ESSENTIAL REQUIREMENTS

• Arelevant tertiary qualification including Accounting; Finance; Investments.
• Completed3-year SAICA/SAIPA articles.
• Relevantexperience in a similar role in financial services.
• High level of accuracy and excellent attention to detail
• Works well under pressure.
• Strong problem-solving abilities.

OUR COMMITMENT TO INCLUSION & WELLBEING

JTC is committed to fostering a healthy, inclusiveorganisation where all individuals feel welcome and feel able to participate inthe workplace fully. We value different perspectives, backgrounds and livedexperiences. This includes supporting employee wellbeing so that people feelequipped to thrive.

Whether you are just starting out or seeking new challenges, JTC offers an environment where you can grow, develop, and succeed at every stage of your career.

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