Fund Accountant - Hedge Funds

Apex Group Ltd; Cape Town; On-site; ZAR 400,000 - 550,000; Full time

Job summary

Apex Group Ltd in Cape Town is looking for a detail-oriented Fund Accountant to join the Fund Accounting Division. This role requires the timely preparation of portfolio valuations and the maintenance of accounting records for various funds, including domestic and offshore portfolios.

The ideal candidate will possess a Bachelor’s degree in accounting or finance, along with excellent analytical and customer service skills. Experience in the hedge fund industry is an advantage. This position offers opportunities to work closely with fund managers and enhance client relationships.

Qualifications

• Bachelor's degree in accounting, finance, or related field.
• Excellent interpersonal and customer service skills.
• Minimum of 2 years relevant experience.

Responsibilities

• Prepare and coordinate daily, weekly, and monthly portfolio valuations.
• Maintain accounting records for assigned funds.
• Liaise with fund managers and resolve issues promptly.
• Assist with audits and review processes.

Skills

Interpersonal skills

Customer service

Analytical skills

MS Excel proficiency

Education

Bachelor’s degree in accounting/commerce/finance

Job description

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

• 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.
• Establish 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 assist with reviews and the identification of errors and inconsistencies.

Skills Required

• Bachelor’s degree in accounting/commerce/finance or Business Science 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.