Fund Accountant - Hedge Funds

Apex Group Ltd (UK Branch); Cape Town; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A leading financial services firm in Cape Town is seeking a Fund Accountant to prepare accurate portfolio valuations and manage accounting records for various funds. Candidates should have a Bachelor's degree in accounting or finance, along with at least 2 years of related experience. Excellent communication and analytical skills are essential, along with proficiency in MS Excel. This position offers an opportunity to develop and maintain strong client relationships and collaborate with various stakeholders.

Qualifications

• 2 years of related experience.
• Hedge fund industry knowledge would be a distinct advantage.

Responsibilities

• Perform and coordinate Fund Accountant duties.
• Prepare portfolio valuations daily, weekly, or monthly.
• Maintain accounting records for assigned funds.
• Liaise with fund managers, brokers, and custodians.
• Reconcile brokerage and custodian accounts.
• Assist external auditors efficiently.
• Support Senior Fund Accountants with audit queries.
• Review and identify errors and inconsistencies.

Skills

Interpersonal skills

Teamwork

Attention to detail

Customer service

Communication

Analytical skills

Problem-solving

MS Excel proficiency

Education

Bachelor’s degree in accounting/commerce/finance or related

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.).

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

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.
• 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.

Disclaimer

Disclaimer Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.