Fund Accountant (Hybrid) - Cape Town Market Related

Elev8 Recruitment Services (Pty) Ltd; Gauteng; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A global investment firm is seeking a Fund Accountant to join their dynamic team in Gauteng, South Africa. Candidates should possess an accounting or finance degree and ideally have completed SAICA or SAIPA articles or gained relevant experience. Key responsibilities include capturing investment trades, performing Net Asset Value calculations, handling cash management, and ensuring compliance with internal controls. This role offers a unique opportunity to grow within the financial services industry and contribute to a thriving professional environment.

Qualifications

• Completed SAICA / SAIPA articles or 1-2 years experience in fund accounting.
• Solid accounting skills with a focus on investment and financial services.

Responsibilities

• Capturing investment trades.
• Performing Net Asset Value calculations, including expense and accrual calculations.
• Performing cash and stock reconciliations.
• Managing daily cash transactions and asset pricing.

Skills

Attention to detail

Problem-solving skills

Numerically inclined analytical thinking

Desire to learn and grow

Education

Accounting / Finance / Investments related Degree

Job description

Exciting Opportunity in Fund Accounting GLOBAL Investment Firm is offering this exciting opportunity to join their dynamic team of Fund Accounting professionals. Do you have a passion for the financial services / investment world and desire to further your accounting career within this profession?

One would describe you as a numerically inclined analytical thinker who has a real passion, interest, or desire to work within the investment / financial services arena. You possess solid accounting, attention to detail, and problem-solving skills together with a real hunger to learn and grow your career. Be responsible for collating, calculating, processing, investigating, and checking fund information in order to produce the Net Asset Values for the specific Funds which the Company administers within defined deadlines and regulatory requirements.

Education and Experience Required

• Accounting / Finance / Investments related Degree
• Completed SAICA / SAIPA articles OR 1-2 years relevant experience gained within the fund accounting / financial services / investment arena

Key Responsibilities

• Capturing of investment trades
• Performing accurate Net Asset Value calculations including expense and accrual calculations
• Performing weekly / daily cash and stock reconciliations and proper investigation and resolution of any reconciling differences
• Performing daily cash management (including preparing payment and transfer instructions) and updating the cash transactions
• Performing daily / monthly asset pricing
• Monitoring sources for Corporate Actions and updating the system
• Capturing daily cash movements as well as trades and updating transactions
• Investigating and answering queries with dealers, brokers, custodians, auditors, and clients
• Ensuring compliance with company policy and procedures, client service level agreements, and internal controls
• Performing weekly / monthly compliance checks
• Sending out valuation e-mails to pre-defined distribution lists
• Completion of quarterly statutory returns
• Accurately updating and maintaining relevant sections in the delivery matrix

Please Note: Only shortlisted candidates will be contacted and should you not hear from us within two weeks, then please consider your application unsuccessful.