Private Markets Fund Valuation Manager

Realfin Fund Services; Cape Town; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading financial services provider in Cape Town is seeking a Private Markets Fund Valuation Manager to lead a team that provides an independent private equity valuation solution. The successful candidate will have strong technical skills, two years of management experience, and be proficient in regulatory reporting. This role demands attention to detail and the ability to inspire a team while ensuring deadlines are met.

Qualifications

• At least two years' experience in managing a team.
• Experience reviewing and signing off private equity or similar funds.
• Preference for financial services experience from audit firm articles.

Responsibilities

• Daily team management to ensure deadlines are met.
• Monthly review of fund valuations and authorizations.
• Liaison with investors to resolve queries.

Skills

Strong technical skills

Attention to detail

Team management

Analytical thinking

Tools

FIS

MS Word

MS Excel

Job description

Group Overview

RealFin has been a trusted partner to some of SA's leading alternative asset fund managers for more than a decade, providing industry leading advisory and hosting services throughout the evolution of the domestic hedge fund landscape. RealFin CIS is an approved manager in terms of the Collective Schemes Control Act,

• and offers a portfolio creation and hosting solution for Qualified Investor Hedge Funds, Retail Hedge Funds and CIS in Securities.

Whilst allowing fund managers to remain focused on managing funds with the aim of generating market beating returns for investors, RealFin CIS provides independent governance, risk management and independent administrative services.

RealFin Fund Services is a leading provider of independent administration services to regulated CIS Hedge Funds and CIS in Securities portfolios, as well as unregulated funds e.g. private equity, unlisted property, infrastructure, debt funds.

Job Description

RealFin is seeking a Private Markets Fund Valuation Manager to lead a team of Fund Valuation Specialists in providing an end-to-end independent private equity valuation solution.

The role includes daily managing of team members to ensure that all deadlines are met.

Review / performance of monthly valuations to ensure accurate and complete and the resolution of any reconciling items and / or errors.

Liaison with investors and fund managers to resolve queries, with compiling regulatory reports eg SARB, Reg 28.

Strong technical skills and an eye for detail are required, as well as the discipline to work independently and under pressure.

The ability to lead and inspire a team to work accurately, effectively to ensure deadlines are met and that there are no material errors.

Key Duties and Responsibilities

Running daily team meeting to identify deliverables and to allocate work to team members.

Monthly review of fund valuation.

• Review and sign of of all bank reconciliation accounts
• Independent review, reconciliation and sign off of portfolio holdings valuation
• Review and sign off of fund fees, including performance fees and / or carried interest calculation
• Analytical review of fund returns to ensure accurate
• Liaising with fund manager operational teams to resolve queries
• Ad hoc and monthly review investor trades and reporting
• Review and validation of investor trades, draw downs, investor static data
• Review and authorisation of investor / fund cash flows
• Review and sign off of investor registers
• Review and sign off of investor reports, including draw down notices, contract notes, statements, distribution notices, tax reporting
• Review and validation of draw down notices, distribution notices, tax certificates etc
• Liaising with investors to resolve queries
• Ad hoc and monthly regulatory and other reporting
• Review of regulatory reports, eg SARB, Reg 28
• Efficiency – identify bottlenecks and / or inefficiencies in all processes and propose improved procedures
• Active participation in monthly and ad hoc management meetings
• Liaising with external auditors to co-ordinate year end audit within deadlines and preparation of AFS

Work Experience Required

At least two years' experience in :

• managing a team
• reviewing and sign off of private equity or similar funds

Alternative Work Experience

• Recently completed articles at established audit firm, with a preference for financial services experience

System Experience

• FIS

Software Proficiency

Proficient in MS Word and MS Excel.