Fund Accountant - Hedge Funds

CO_SANFPL Apex Fund & Corporate Services SA (Pty) Ltd; Cape Town; On-site; ZAR 300,000 - 420,000; Full time

Job summary

Apex Group in Cape Town is seeking a Fund Accountant reporting to a Manager within the Fund Accounting Division. The role involves preparing accurate portfolio valuations and maintaining accounting records for assigned funds, including domestic, offshore, hedge funds, and partnerships.

You will liaise with fund managers, brokers and custodians, reconcile accounts, support audit queries, and help deliver timely financial information with a strong client service mindset.

Qualifications

• Bachelor's degree in accounting/commerce/finance or related.
• Excellent interpersonal and teamwork skills.
• Structured and detail oriented.
• Excellent customer service and communication skills.
• Ability to prioritise work and meet deadlines.
• Good analytical and problem-solving skills.
• 2 years related experience.
• Proficient in MS Excel.
• Hedge fund industry knowledge would be an advantage.

Responsibilities

• Prepare daily, weekly and/or monthly portfolio valuations.
• Maintain the underlying accounting records for assigned funds.
• Liaise with fund managers, brokers and custodians to communicate information and resolve issues on a timely basis.
• Reconcile brokerage and custodian accounts to underlying records.
• Establishing excellent client relationships and provide a quality service at all times.
• Assist the external auditors to ensure the audit function is executed on a timely and efficient basis.
• Assist Senior Fund Accountants and Supervisors with audit queries.
• Periodically assists with reviews and the identification of errors and inconsistencies.

Skills

Interpersonal skills

Structured and detail oriented

Customer service

Communication skills

Prioritisation

Analytical thinking

2 years experience

MS Excel

Hedge fund knowledge

Education

Bachelor's degree in accounting/commerce/finance or Bus Sci with Financial Accounting

Tools

MS Excel

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.

Summary

This is an exciting opportunity for a Fund Accountant, reporting to a Manager within the Fund Accounting Division. The Fund Accountant's role involves preparations of accurate portfolio valuations on a timely basis. The role will be responsible for the accounting of a number of portfolios and maintain the underlying accounting records for assigned funds (including domestic, offshore, hedge funds, partnerships, etc.).

Job specification:

• Prepare daily, weekly and/or monthly portfolio valuations.
• Maintain the underlying accounting records for assigned funds.
• Liaise with fund managers, brokers and custodians to communicate information and resolve issues on a timely basis.
• Reconcile brokerage and custodian accounts to underlying records.
• Establishing excellent client relationships and provide a quality service at all times.
• Assist the external auditors to ensure the audit function is executed on a timely and efficient basis.
• Assist Senior Fund Accountants and Supervisors with audit queries.
• Periodically assists with reviews and the identification of errors and inconsistencies.

Skills Required

• Bachelor's degree in accounting/commerce/finance or Bus Sci Degree with Financial Accounting.
• Excellent interpersonal and teamwork skills.
• Structured and detail oriented.
• Excellent customer service and communication skills.
• Ability to prioritise work and meet strict deadlines.
• Good analytical and problem-solving skills.
• 2 years related experience.
• Proficient in MS Excel.
• Hedge fund industry knowledge would be a distinct advantage.

About Apex Group

We are dedicated to driving positive change in financial services while fuelling the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the asset serving industry through our investment in innovation and talent. Today, we set the pace in asset servicing and stand out for our unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals. We're a people-powered business, and our people are full of ambition. Together, we're inspired to lead the new era of data and tech enabled service. Bringing new products and services to market. Sharpening our client focus. Disrupting the market to exceed expectations. Innovating across a range of specialisms. With our focus on making a difference to our people, our planet and our society, you'll experience more here than you would at most other companies. Prepare to accelerate. We're a people-powered business with a vision to inspire a new era of service-led FinTech. We're expanding globally and offering more to our clients. This means you get more opportunities to grow with us. So prepare to accelerate. We'll make sure the time and effort you put in takes you further, faster. Positive change starts with you. We're a people-powered business with a vision to inspire a new era of service-led FinTech. We're expanding globally and offering more to our clients. This means you get more opportunities to grow with us. So prepare to accelerate. We'll make sure the time and effort you put in takes you further, faster. The journey is yours to own. When you stretch yourself, you grow. We want you to explore ways of working that will see you thrive as part of something bigger. We'll help you with a solid structure, challenging projects, vibrant networks, supportive colleagues and approachable leaders. All the things you need to own your unique journey.