Senior Fund Accountant

Tmf Group; Cape Town; On-site; ZAR 300,000 - 600,000; Full time

Job summary

An exciting opportunity awaits at a leading global administrative services provider. This role focuses on managing tax and audit processes while ensuring exceptional client service. You will prepare financial statements, manage client relationships, and lead a team of junior staff. With a commitment to professional development and a supportive work environment, this position offers a unique chance to grow your career in a dynamic international setting. Join a company that values talent and fosters an inclusive culture, making it a great place to thrive and succeed.

Benefits

Professional development opportunities

Individual further training opportunities

Flat hierarchies

Direct contact to management

International exchange

Qualifications

• 3+ years in Fund accounting for Alternative Funds, with 1+ year as a reviewer.
• Knowledge of IFRS and other GAAPs is essential.

Responsibilities

• Manage tax and audit processes, ensuring timely completion of audits.
• Prepare and review quarterly management fee calculations and financial statements.
• Act as primary client contact, managing relationships and providing exceptional service.

Skills

Fund accounting

Client relationship management

Tax knowledge

Financial reporting

Team management

Education

Bachelor’s degree in accounting

Qualified accountant (ACCA, CA, CIMA)

Tools

Investran

Yardi

Job description

We never ask for payment as part of our selection process, and we always contact candidates via our corporate accounts and platforms. If you are approached for payment, this is likely to be fraudulent. Please check to see whether the role you are interested in is posted here, on our website.

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 11,000+ 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.

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 and 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 and provide exceptional client service experience
• Act as a primary client contact, with responsibility for responding to client questions and requests
• Lead regular scheduled meetings with clients
• Interface and enhance relationships with various stakeholders such as valuations, treasury, investor relations, custodians, and management company teams
• Manage, train, and assist manager with developing junior staff members, including onboarding and enforcing company policies
• Act as point of support for team members
• Read and understand various agreements, including the Service Level Agreements to determine how the provisions impact 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
• 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 an advantage
• Familiarity with tax-efficient European fund structures and related investment vehicles and regulatory requirements – this would be considered an advantage
• Other characteristics: accurate, self-motivated, 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
• Want to know more about a career with TMF Group? Watch this video: