Graduate Fund Accountant (Prescient Fund Services)

Prescient Limited; Cape Town; On-site; ZAR 180,000 - 260,000; Full time

Job summary

Prescient Limited is seeking a Graduate Fund Accountant to support daily NAV calculations, price movements and reconciliations within a global fund services environment.

You will review FX movements, prepare trustee and regulatory reports, and assist with annual and interim financial statements, gaining exposure to diverse fund types and global markets in a dynamic team.

Qualifications

• A Bachelor’s degree in Accounting, Finance, Economics, or a related field required.
• Relevant knowledge of fund services / asset management administration.
• Proficiency in Microsoft Excel and accounting software; experience with fund accounting platforms is a plus.
• Ability to work both independently and as part of a team in a fast-paced environment.

Responsibilities

• Review daily asset price movements and investigate exceptions.
• Review Foreign Exchange rate movements.
• Review Trial Balance and daily NAV movements and investigate exceptions.
• Use Eagle fund accounting system to calculate daily NAVs.
• Use Fund Recs reconciliation tool for daily cash, custody and income reconciliations and investigations.
• Review income and expense accruals and investigate exceptions.
• Process payments and security transactions on custody systems.
• Capture trades to the accounting system.
• Distribute daily and monthly NAV prices to vendors.
• Prepare monthly and ad hoc Trustee reporting.
• Assist with Regulatory reporting, including monthly/quarterly Central Bank returns.
• Prepare ad hoc reporting required by clients.
• Assist with preparation of annual and interim financial statements.

Job description

Graduate Fund Accountant (Prescient Fund Services)

• Review of daily asset price movements and investigation of exceptions.
• Review of Foreign Exchange rate movements.
• Review of Trial Balance and daily NAV movements, and investigation of exceptions.
• Use of Eagle fund accounting system to calculate daily NAVs.
• Use of Fund Recs reconciliation tool for completion of daily cash, custody and income reconciliations and investigation of exceptions.
• Review of income and expense accruals and investigation of exceptions.
• Processing of payments and security transactions on custody systems.
• Capturing of trades to the accounting system.
• Distribution of daily and monthly NAV prices to vendors.
• Monthly and ad hoc Trustee reporting.
• Assisting with Regulatory reporting, including completion of monthly and quarterly Central Bank returns.
• Preparation of ad hoc reporting required by clients.
• Assisting with preparation of annual and interim financial statements.

REQUIRED EXPERIENCE

• A Bachelor’s degree in Accounting, Finance, Economics, or a related field required.
• Relevant knowledge of fund services / asset management administration.
• Proficiency in Microsoft Excel and accounting software; experience with fund accounting platforms is a plus.
• Ability to work both independently and as part of a team in a fast-paced environment.

REQUIRED QUALIFICATIONS

• Relevant Degree (Finance, Accounting, Investments)

KEY COMPETENCIES

• Excellent analytical and problem-solving skills
• Strong verbal and written communication skills
• Positive team player
• Highly collaborative
• Hard working and deadline driven
• High levels of honesty and integrity

WHY THIS ROLE?

This is a great opportunity to support a global fund service offering. This role offers great exposure to a diverse range of fund types, clients and global markets in a close-knit, dynamic and hard-working team.