Senior Fund Accountant

TMF Group; Cape Town; On-site; ZAR 450,000 - 700,000; Full time

Benefits offered by this job

TMF Business Academy training

International exchange opportunities

Job summary

TMF Group is seeking a Fund Accountant/Reviewer for its Fund Services practice. The role involves managing tax/audit processes, delivering client reporting, and ensuring timely delivery of financial statements and distributions.

Ideal candidates have 3+ years in Alternative Fund accounting with reviewer experience, IFRS knowledge, and familiarity with Investran or Yardi. Join a global firm with extensive development opportunities.

Qualifications

• Bachelor’s degree in accounting is preferred.
• Minimum 3 years’ experience in Fund accounting for Alternative Funds with at least 1 year as a reviewer.
• ACCA/CA/CIMA qualification is preferred.
• Strong knowledge of IFRS and other GAAPs.
• Familiarity with Investran and/or Yardi is an advantage.
• Be accurate, self-motivated and able to work independently and in a team.

Responsibilities

• Assist with managing tax and audit processes.
• Provide information to auditors and tax accountants for audits and tax returns within scheduled time frames.
• Own client product delivery, managing internal and external timelines.
• Prepare/Review quarterly management fee calculations and management accounts.
• Prepare annual financial statements in line with applicable financial reporting framework.
• Handle distribution, capital call, carried interest and waterfall calculations and related letters.
• Maintain investor registers and manage payments.
• Act as primary client contact and lead regular client meetings.
• Read and understand agreements (including SLAs) to determine required reporting deliverables.

Skills

Attention to detail

Self-motivation

Team oriented

Deadline-driven

Education

Bachelor’s degree in accounting

ACCA/CA/CIMA qualified

Tools

Investran

Yardi

Job description

About TMF
TMF Group is a leading provider of administrative services, helping clients invest and operate safely around the world.
As we’re a global company with 12,000+ colleagues based in over 125 offices across 87 jurisdictions, we actively seek out people with the talent and potential to flourish at TMF Group, whatever their background, and offer job opportunities to the broadest spectrum of people. Once on board we nurture and promote talented individuals, making sure that senior positions are open to all.
Discover the role
TMF Fund Services is an independent alternative fund administrator with over two decades of experience in providing an extensive range of services, coupled with a very personal approach. We combine our technology, expertise and global infrastructure to deliver a customized package of services to our clients. These include Fund Administration, Investor Services, Portfolio & Managed Account Services, Depositary and Corporate Services.
Key Responsibilities

• Assist with managing tax and audit processes
• Provide necessary information to auditors and tax accountants for completion of audits and tax returns within scheduled time frames
• Ownership of client product delivery, managing both internal and external timelines
• Preparation/review of accurate:
• Quarterly management fee calculations
• Management accounts
• Annual financial statements in accordance with applicable financial reporting framework
• Distribution calculations and distribution letters
• Capital call calculations and capital call letters
• Carried interest and waterfall calculations
• Equalization calculations
• Investor registers
• Payments
• Any other deliverables as agreed in administration agreement
• Manage relationships
• Provide exceptional client service experience
• Act as a primary client contact, with responsibility for responding to client questions and requests
• Leading regular scheduled meetings with clients
• Interfacing and enhancing relationships with various stakeholders such valuations, treasury, investor relations, custodians, and management company teams among other
• Manage, train, and assist manager with developing Junior staff members
• This includes onboarding and enforcing company policies among other.
• Act as point of support for team members
• Read and understand various agreements, including the Service Level Agreements to determine how the provisions impacts the operations and reporting deliverables.
  

Key Requirements
Bachelor’s degree, preferably in accounting

• At least 3 years’ experience in Fund accounting for Alternative Funds (Private Equity, Real Estate, Private Debt) with at least 1 years’ experience as a reviewer or
• A qualified accountant ideally ACCA, CA, or CIMA
• Good knowledge of IFRS and ideally other GAAPs
• Knowledge of Investran and/or Yardi– this would be considered as advantage
• Familiarity with tax-efficient European fund structures and related investment vehicles and regulatory requirements – this would be considered as advantage
• Other characteristics: accurate, self-motivated and able to work both independently and as part of a team, deadline driven and able to maintain a portfolio of clients
  

What’s In It For You

• An exciting opportunity in an international company
• Professional development opportunities as well as extensive individual further training opportunities, supported by our TMF Business Academy
• A career within an ever evolving market
• Flat hierarchies with direct contact to management and international exchange
  

We’re looking forward to getting to know you!