Fund Accountant - Segregated Fund Accounting

Apex Group; South Africa; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A global fund administration leader in South Africa is seeking a Fund Accountant to manage fund valuations and ensure daily processes are adhered to. You will need experience in asset management portfolio administration, with a strong knowledge of MS Office tools, particularly Excel. A BCom or similar background is required, alongside excellent communication skills and the ability to work independently while liaising with clients. Competitive compensation and growth opportunities are highlighted in this role.

Qualifications

• Minimum 6–12 months experience as a fund accountant or in a similar role.
• Background in accounting, economics or investments.

Responsibilities

• Perform fund valuations within the Institutional Funds space.
• Administer funds efficiently and accurately within deadlines.
• Manage daily processes for fund valuation.
• Build strong working relationships with clients.

Skills

Asset Management portfolio administration

MS Office & IT packages

Excellent communication skills

Back-office administration processes

Education

BCom or similar

Tools

Excel

Invest One

Decalog

Xceptor

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 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. We offer you the freedom to be a positive disrupter and turn big ideas into bold, industry‑changing realities.

Role Summary

Fund Accountant – Segregated Fund Accounting must manage to perform fund valuations within the Institutional Funds space. The Fund Accountant will be required to administer the funds efficiently, accurately and within daily deadlines as well as setting up and ensuring checklists and standards are adhered to.

Job Specifications

• Generation and distribution of daily valuation files.
• Responsibility for income distribution and TER calculations and providing them to clients timeously.
• Reviewing all processes to assess continuous improvement and automation opportunities and presenting recommendations to management.
• Responsible for all the daily processes that go into the fund valuation.
• Communicating and responding to queries internally and from the client, working with the Senior and Team Leader in resolving such queries.
• Dealing with client queries and audit queries.
• Communicating and answering any queries on the funds from the team.
• Performing valuation quality assurance reviews and ensuring consistent quality of output.

Main Responsibilities

• Update the Apex systems with all the daily prices and the verification of these prices.
• Verify on a daily basis that all systems have been updated through external price feeds and that the data is correct.
• Input on a regular basis into the update of process documentation to record any changes in procedures or additional responsibilities allocated to the individual.
• Achieve deliverables against agreed deadlines and manage expectations with clients.
• Ensure all queries are identified and actioned timeously, per SLAs with clients.
• Build and maintain strong working relationships with external and internal clients.
• Assist Team Leaders and Specialists with ad hoc projects as the need arises.
• Stand in as a back‑up for colleagues.

Skills Required

• Experience in Asset Management portfolio administration and pricing is preferred.
• Experience with investment products (including Unit Trusts, Multi‑Manager, Segregated Portfolios, ETF’s, Pooled products) either locally or internationally is an advantage.
• An excellent working knowledge of MS Office & IT packages (particularly Excel).
• Knowledge of Invest One, Decalog and Xceptor is an advantage.
• Good understanding, knowledge and experience of back‑office administration processes and accounting.
• Excellent communication skills (both written and verbal).
• Confident, enthusiastic and self‑motivated.
• A track record of achievement.
• To work independently in meeting deadlines and still work within a team environment – track record of achievement.

Minimum Requirements

• Have a minimum of 6–12 months experience as a fund accountant or a similar background.
• A BCom or similar, accounting, economics or investments background.

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.