Fund Administrator

Apex Group Ltd (UK Branch); Cape Town; On-site; ZAR 420,000 - 660,000; Full time

Job summary

Apex Group Ltd (UK Branch) is seeking a Fund Accountant in Cape Town to support investor services, fund operations and annual audit activities. You will handle NAV delivery, accounting for multiple currencies, and liaison with clients and auditors.

The role requires strong accounting knowledge, experience with NAVs, and proficient MS Office skills; Investran/Efront/Paxus experience is advantageous. Collaboration across teams is essential for timely client service.

Qualifications

• Accounting standards knowledge and NAV/financial statement preparation experience.

Responsibilities

• Investor Services and Transfer Agency duties including timely deliverables and investor queries.

Skills

Accounting knowledge

NAV & financial statements

Multi-currency accounting

Excel / MS Office

Client communication

Organised & professional

Collaboration

Investran

Efront

Paxus

Tools

Investran

Efront

Paxus

Job description

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. With over 13,000 employees across 112 offices worldwide, our business is unique in its ability to reach globally, service locally and provide cross‑jurisdictional services. Our clients are at the heart of everything we do, and we have successfully delivered unprecedented growth and transformation.

Responsibilities

• Investor Services and Transfer Agency
  • Responsible for the timely preparation of deliverables to ensure the administrator team can deliver investor communication and reporting in line with agreed SLAs and fund documentation.
  • Respond to and resolve investor queries, with assistance from the team leader where needed.
  • Manage and facilitate investor transactions such as capital calls and distributions, and perform accounting for investor‑related transactions.
• Accounting and Fund Operation
  • Obtain an in‑depth understanding of the client’s fund documentation and requirements.
  • Assist with capturing fund payments on online banking platforms.
  • Perform the primary fund accounting functions for a portfolio of allocated funds, including:
    • Cash book processing and preparation of bank reconciliations.
    • Accounting for standard monthly/quarterly expense and income related journals in line with supporting documentation.
    • Calculation of performance fees, carried interest and equalisation as required.
    • Collation and verification of information from third parties.
    • Accounting for investment transactions, including:
      • Review of investment documentation and provision of accounting guidance.
      • Loading deal static data onto the system.
      • Calculation of investment IRR.
      • Review of investment valuations.
      • Accounting for investment‑related transactions.
      • Timely calculation and delivery of fund NAV.
  • Take responsibility for the preparation and timely delivery of agreed reporting packs and supporting schedules for a portfolio of clients within agreed timeframes.
• Annual Audit (Internal & External)
  • Support the compilation of annual financial statements and other required reports in line with accounting standards.
  • Prepare the annual audit file for the auditors.
  • Manage the audit process on behalf of a portfolio of allocated clients, including setting up the audit timeline with auditors, facilitating communication between departments and resolving audit queries.
• Client Management
  • Perform regular client operational calls for an allocated portfolio of clients and provide client feedback to management and the team.
  • Liaise and build relationships with other relevant internal teams to ensure seamless delivery of services to clients.
• Regulatory
  • Assist with regulatory and reporting requirements as they arise.
• Other Tasks
  • Any other ad‑hoc tasks as required.
  • Accurate time recording.
  • Completion of all training.
  • Collaborate on the timely submission of billing.
  • Follow the Incident Report process.

Skills and Requirements

• Accounting knowledge: up‑to‑date working knowledge of accounting standards and experience in preparing NAVs and financial statements in accordance with specific standards.
• Understanding of funds and fund structures an advantage.
• Experience in all aspects of multi‑currency accounting.
• Excellent computer skills, particularly Microsoft Office (Excel, Word, Teams, Outlook).
• Experience with Investran, Efront, and Paxus is advantageous.
• Highly organised, efficient, and professional with excellent administrative and organisational skills.
• Confident, professional, and enthusiastic approach when dealing with clients and intermediaries.
• Inquisitive mindset and innovative.
• Clear communication with staff and senior management.
• Collaborative and effective within the Closed Ended team and other departments within Apex.
• Efront knowledge beneficial.

Personal Characteristics

• Positive “can do” attitude; thrives in an opportunity‑driven environment.
• Sets and achieves very high performance and continually seeks personal improvement.
• Can challenge decisions and frameworks but also accepts and implements decisions from higher authority within established frameworks.
• Takes accountability for actions.

Reporting Structure

The Fund Account (Private Equity SA) will report to their allocated Leader(s) of the Private Equity Team.

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.