Fund Accountant - Hedge Funds

theapexgroup; Cape Town; On-site; ZAR 350,000 - 520,000; Full time

Job summary

Apex Group seeks a Fund Accountant in Cape Town to join the Fund Accounting Division. The role handles portfolio valuations and maintains fund records, interfacing with managers, brokers and custodians to resolve issues promptly.

The successful candidate will have a finance-related degree, strong interpersonal and analytical abilities, and MS Excel proficiency, with a focus on accuracy and timely reporting.

Qualifications

• Bachelor's degree in accounting, commerce, finance or related field.
• Excellent interpersonal and teamwork skills.
• Structured and detail oriented with strong analytical ability.
• Excellent customer service and communication skills.
• Ability to prioritize work and meet deadlines.
• Proficiency in MS Excel.
• Hedge fund industry knowledge would be a distinct 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

Teamwork

Structured and detail oriented

Customer service and communication

Prioritization

Analytical skills

Hedge fund knowledge

Education

Bachelor's degree in accounting/commerce/finance or Bus Sci Degree 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.).

Responsibilities include but are not limited to performing and coordinating a variety of Fund Accountant duties.

• 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 prioritize 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.