Fund Accountant - Hedge Funds

ACCA Careers; Johannesburg; On-site; ZAR 300,000 - 600,000; Full time

Job summary

An exciting opportunity awaits as a Fund Accountant in a dynamic team focused on delivering exceptional service. In this role, you will be responsible for preparing accurate portfolio valuations and maintaining accounting records for various funds. You'll collaborate with fund managers and custodians to resolve issues promptly while establishing strong client relationships. This position not only offers the chance to apply your accounting expertise but also to grow within an innovative firm that values your contributions and supports your career development. If you're detail-oriented and passionate about finance, this role is perfect for you!

Qualifications

• Bachelor's degree in accounting, finance, or related field required.
• 2 years related experience in fund accounting preferred.

Responsibilities

• Prepare daily, weekly, and monthly portfolio valuations.
• Maintain accounting records for assigned funds and liaise with stakeholders.
• Assist with audits and ensure timely execution.

Skills

Interpersonal Skills

Teamwork

Attention to Detail

Customer Service

Communication Skills

Analytical Skills

Problem-Solving Skills

MS Excel

Hedge Fund Industry Knowledge

Education

Bachelor's Degree in Accounting

Bachelor's Degree in Commerce

Bachelor's Degree in Finance

Bachelor of Science in Financial Accounting

Job description

The Apex Group was established in Bermuda 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, employees across 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.

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:

1. Prepare daily, weekly and/or monthly portfolio valuations.
2. Maintain the underlying accounting records for assigned funds.
3. Liaise with fund managers, brokers and custodians to communicate information and resolve issues on a timely basis.
4. Reconcile brokerage and custodian accounts to underlying records.
5. Establish excellent client relationships and provide a quality service at all times.
6. Assist the external auditors to ensure the audit function is executed on a timely and efficient basis.
7. Assist Senior Fund Accountants and Supervisors with audit queries.
8. Periodically assist 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.