Manager - Private Equity Fund Accounting

Apex Group Ltd; Johannesburg; On-site; ZAR 900,000 - 1,700,000; Full time

Job summary

Apex Group, a leading fund administration and middle-office solutions provider, seeks an experienced PE Operations professional in Johannesburg. You will manage onboarding for complex PE clients, coordinate NAVs and SLA deliverables, and lead the PE Operations team to ensure regulatory compliance and timely reporting.

You will oversee policies, KPIs and stakeholder relations, while guiding client service and reporting teams through multi-jurisdictional requirements.

Qualifications

• Professional qualification - CA(SA) / SAIPA / Equivalent.
• Ideally 5+ years' experience in a similar relevant capacity in the fund admin industry.
• An understanding of regulatory and financial reporting regime and IFRS.
• Ability to motivate and influence a team, high level of managerial skills.

Responsibilities

• Provide services to a complex book of Private Equity clients; onboard new clients, investors and investments.
• Act as central contact for Private Equity Operations for allocated client base; ensure policies are followed.
• Manage KPIs, relationships, and cross-functional collaboration; cover for other managers.
• Support NAVs and SLA deliverables; ensure quality control before approvals.
• Develop entity procedures for reporting; liaise with lawyers, general partners, auditors and tax advisors.

Skills

Leadership

Regulatory knowledge

IFRS knowledge

Financial reporting

Project coordination

Team management

NAVs & SLA deliverables

Onboarding processes

Client service

Communication

Education

CA(SA) / SAIPA / Equivalent

Tools

eFront knowledge

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

Key responsibilities

A. New clients

• Provide services to a complex book of Private Equity clients.
• Project management of new client, investor and investment onboarding.
• Act as central point of contact for the Private Equity Operations team for their allocated client base.
• Ensure policies and procedures are followed and checklists completed in a timely manner.

B. Technical guidance and support

• Assisting in the Management of specialised services teams on all aspects of financial reporting, including working directly with Apex customers to ensure their structures are run efficiently in compliance with the relevant laws and contractual obligations.
• Working with the management team and directors to ensure the planning, coordination and completion of NAVs and SLA deliverables.
• Ensuring quality control prior to the further review and approval of Apex authorised persons including payments, calculations and transactions.
• Preparation and implementation of entity customer specific procedures in relation to the reporting requirements and support the implementation of new structures;
• Ensuring reporting complies with entity and statutory requirements including local law, relevant GAAP or IFRS and other reporting principles.
• Provide technical guidance to client service teams where required.

C. Management of KPIs & Relationship Management

• Reinforce positively throughout the team the importance of meeting KPIs.
• Establish build and maintain strong working relationships with relevant internal functions;
• Cover for other managers within the team during periods of absence;
• Perform other duties to support the PE team as may be necessary from time to time;
• Ongoing feedback from all key stakeholders on ongoing tasks including CDD ops, Ops, compliance and client services;
• Keeping KPIs within the tolerance levels set by the business;
• Manage performance and development of direct reports and their teams;
• Obtain and enhance detailed client specific knowledge to assist in providing more holistic solutions and identify potential opportunities to deepen existing relationships;
• Review and provide comments on fund related documents e.g. LPA; Investment Agreements, etc.
• Identify and suggest solutions to operational issues;
• Liaise with lawyers, general partners, external auditors and tax advisors for fund related matters;
• Perform other duties as necessary to support the internal procedures and external strategic development in line with the scope of this role.

Skills / experience

• Professional qualification - CA(SA) / SAIPA / Equivalent
• Ideally 5+ years' experience in a similar relevant capacity in the fund admin industry.
• An understanding of regulatory and financial reporting regime and IFRS.
• Ability to motivate and influence a team, high level of managerial skills eFront Knowledge will be beneficial