Fund Accountant – Fund Services

JTC Group; Cape Town; On-site; ZAR 500,000 - 700,000; Full time

Job summary

A financial services company based in Cape Town is seeking a Fund Accountant to manage fund information and ensure compliance. The candidate should have a relevant qualification, completed SAICA/SAIPA articles, and possess strong numeracy and problem-solving skills. This role requires attention to detail and the ability to work under pressure, along with relevant experience in the financial sector.

Qualifications

• Relevant experience in a similar role in financial services.
• Attention to detail is crucial.
• Ability to manage multiple tasks under tight deadlines.

Responsibilities

• Collate and check fund information to produce Net Asset Values.
• Prepare cash movements and ensure accurate accounting.
• Monitor asset pricing and ensure securities are updated correctly.

Skills

Excellent numeracy skills

High level of accuracy

Works well under pressure

Strong problem-solving abilities

Education

Relevant tertiary qualification including Accounting; Finance; Investments

Completed 3-year SAICA / SAIPA articles

Job description

Overview

Job title: Fund Accountant – Fund Services

Job Location: Western Cape, Cape Town

Deadline: October 24, 2025

Responsibilities

• PURPOSE OF JOB: To collate, calculate, process, investigate and check fund information in order to produce the Net Asset Values for the specific Funds which JTC administers within defined deadlines and regulatory requirements.
• Prepare, monitor and capture cash movements (cash management), investment trades and update transactions on the accounting system to ensure an accurate and timely delivery of the NAV.
• Prepare and perform weekly / daily cash and stock reconciliations including proper investigation of all outstanding issues to ensure a timely resolution of any reconciling differences and no NAV errors occur.
• Monitor daily / monthly asset pricing and pricing sources for corporate actions to ensure securities are updated and valued correctly on the accounting system and no asset pricing errors occur in the valuation.
• Perform and check weekly / daily expense and accrual calculations to ensure that they are reflected correctly in the Net Asset value calculation.
• Prepare and produce an accurate NAV to ensure Reviewers discover no errors on work reviewed resulting in the timely delivery of the NAVs.
• Proactively investigate queries with dealers; brokers; custodians; auditors and clients to ensure a timely resolution of all queries. Where applicable to communicate and escalate potential issues in a prompt and effective manner.
• Understand and implement company policies and procedures; client service level agreements and internal controls to ensure compliance thereof and no Custodian or external audit findings occur as a result of them not being applied.
• Monitor and perform weekly / monthly compliance checks to ensure all scheme particulars are adhered to and no concern is raised in Compliance’s reviews and reports.
• Prepare and send out all valuation e-mails to a pre-defined distribution list to ensure all parties have been timely informed of the NAV.
• Prepare and complete all quarterly statutory returns to ensure specific funds regulatory requirements are fulfilled.
• Accurately update and maintain the relevant sections in the delivery matrix to ensure all parties are aware of what has been completed and Oversight can promptly review the NAV where required.
• Monitor client mailboxes on a daily basis be resolving queries where possible or escalating where required.
• Assist supervisors during audits by providing supporting documents, reconciliations and reports to auditors where required.
• Maintain investor registers and ensure only authorized changes are made and that these are done in a timely manner.
• Subject to client approvals, respond to any investor queries that may arise.
• Prepare drawdown and distribution notices where requested from the General Partner.
• Prepare capital account statements.

Essential Requirements

• Excellent numeracy skills.
• High level of accuracy and excellent attention to detail.
• Works well under pressure.
• Strong problem-solving abilities.
• A relevant tertiary qualification including Accounting; Finance; Investments.
• Completed 3-year SAICA / SAIPA articles.
• Relevant experience in a similar role in financial services.
• Accounting / Financial Services jobs