Fund Accountant - Traditional Funds Offshore

Apex Group Ltd; Cape Town; On-site; ZAR 300,000 - 500,000; Full time

Job summary

A financial services provider is looking for a Fund Accountant in Cape Town. The successful candidate will be responsible for preparing accurate portfolio valuations and maintaining accounting records for various funds. Ideal applicants should hold a relevant degree, possess strong interpersonal skills, and have at least two years of related experience. The role offers opportunities to engage with clients and assist with audits while working in a dynamic team environment.

Qualifications

• Degree in Commerce, Honors or Business Science with Financial Accounting.
• At least 2 years related experience in accounting.
• Proficient in MS Excel and knowledge of hedge funds is a plus.

Responsibilities

• Prepare daily, weekly, and monthly portfolio valuations.
• Maintain accounting records for assigned funds.
• Liaise with fund managers and brokers to resolve issues.

Skills

Financial Accounting

Interpersonal Skills

Detail Oriented

Customer Service

Problem-solving

Analytical Skills

Microsoft Excel

Education

Commerce, Honors or Business Science Degree

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 circa 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. 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

Description

We are seeking a Fund Accountant, reporting to a Manager within the Fund Accounting Division of Apex to prepare accurate portfolio valuations and financial statements. The Fund Accountant role involves preparations of accurate portfolio valuations on a timely basis. You will typically be responsible for the accounting of a number of portfolios. Maintain the underlying accounting records for assigned funds (including domestic, offshore, hedge funds, partnerships, etc.). Seasoned incumbent responsible for approximately 3 to 6 valuations.

Job specification

• 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 assists with reviews and the identification of errors and inconsistencies.

· Confident, enthusiastic, and self-motivated.

Skills Required:

• Commerce, Honors 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.
• At least 2 years’ related experience.
• Proficient in MS Excel.
• Hedge fund industry knowledge would be a distinct advantage.

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 souring model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.