Reconciliation Analyst - Fund Administration (Hedge Daily)

The Catalyst Group; Cape Town; On-site; ZAR 400 000 - 500 000; Full time

Job summary

A financial services firm in Cape Town is seeking a Reconciliation Analyst to manage fund administration and ensure compliance in daily operations. The ideal candidate should have a diploma in finance or accounting and possess strong analytical and communication skills. Responsibilities include managing data, responding to client queries, and improving reconciliation processes. This full-time role offers opportunities for growth in a dynamic environment.

Qualifications

• 1-2 years of experience in fund administration focused on reconciliations.
• Excellent problem-solving and analytical skills.
• Proficiency in reconciliation software is advantageous.

Responsibilities

• Manage trade and data entry, and resolve data inconsistencies.
• Respond to client queries and deliver reconciliation reports.
• Conduct reviews of valuation processes and improve data management.

Skills

Analytical skills

Excellent communication skills

Problem-solving skills

Ability to work independently

Education

Diploma in Accounting, Business Administration, Economics or Finance

Bachelor's degree in Accounting or similar

Tools

Reconciliation software

SQL or data analysis tools

MS Power Apps

Job description

Reconciliation Analyst – Fund Administration (Hedge Daily)

The Analyst – Fund Administration (Reconciliations – Hedge Daily) job plays a critical role in the daily operations related to fund reconciliation and portfolio management for a diverse range of client funds, ensuring accuracy and compliance in all deliverables.

This position is designed for an experienced reconciliation professional who will be responsible for the accurate reconciliation of cash, positions, market value, and corporate actions, and for ensuring that these data points are correctly managed within the portfolio systems. The role also includes responsibilities around data management, reporting, and valuation quality assurance, supporting both internal stakeholders and clients on a day-to-day basis.

This position requires a strong analytical mindset, excellent communication skills, and the ability to work collaboratively across teams to enhance operational efficiency and client service excellence. This role is based in our office in Observatory, Cape Town, South Africa and reports to the Associate Director.

Core Responsibilities

• Data Management and Process Improvement
  • Manage trade, price, security & corporate action data entry, monitoring, and exception clearing.
  • Identify and resolve static data inconsistencies for portfolio systems.
  • Resolve complex system‑related issues affecting position and P&L valuations, collaborating with IT and operational teams.
• Communication and Client Interaction
  • Respond to client and stakeholder queries, particularly from North and South American offices.
  • Deliver regular reconciliation reports to clients.
  • Support NAV leaders in resolving complex valuation and reconciliation queries.
• Valuation Quality Assurance
  • Conduct periodic reviews of valuation processes and reconciliation outputs.
  • Continuously monitor and improve reconciliation and data management processes.
  • Develop and maintain expertise in Advent Geneva Portfolio and General Ledger modules.
  • Collaborate on system upgrades and troubleshooting to optimize reconciliation tasks.
  • Engage in continuous learning through training and workshops.
• Cross‑Functional Collaboration
  • Identify opportunities for process optimisation within the reconciliation team and fund administration function.
  • Work closely with operations, project managers, implementation teams, and other business units to implement new products and solutions.
• Risk and Compliance Responsibilities
  • Perform routine compliance checks and adhere to company risk and compliance processes.
  • Participate in testing of operational controls and report findings.
  • Support investigations and preparation of documentation for SOC audits.
  • Ensure reconciliation processes adhere to SOC (SOC 1/ISAE ****) requirements and governance frameworks.
• Additional Strategic Expectations
  • Share insights to develop new processes and procedures that increase business efficiency.
  • Maintain awareness of industry, regulatory, jurisdictional, and other trends that could affect the business.
  • Collaborate cross‑functionally to achieve elegant solutions.

Required Skills & Experience

• A Diploma in Accounting, Business Administration, Economics or Finance (or similar), with 1‑2 years of experience in fund administration focused on reconciliations, preferably within the hedge fund industry.
• OR a newly qualified graduate with a bachelor's degree in accounting, Business Administration, Economics or Finance (or similar).
• Excellent communication skills (high standard of speaking and writing) in English (Portuguese is an advantage).
• Proficiency with reconciliation software and fund accounting systems is advantageous.
• Advanced Excel skills; familiarity with SQL or other data analysis tools is advantageous.
• Knowledge of BI tools (familiarity with MS Power Apps is advantageous).
• Excellent problem‑solving and analytical skills.
• Ability to work independently and as part of a high‑performing team.
• Ability to work under pressure in a dynamic environment.

Seniority Level: Associate Employment Type: Full‑time Job Function: Accounting/ Auditing and Finance Industries: Financial Services, Funds and Trusts, Accounting