Senior Fund Accountant

ACCA Careers; Wes-Kaap; On-site; ZAR 300,000 - 400,000; Full time

Job summary

A leading administrative services provider in South Africa is seeking an experienced Fund Accountant to manage client relationships and oversee financial reporting for alternative funds. The ideal candidate has at least 3 years of fund accounting experience and is a qualified accountant. This role offers exciting professional development opportunities within an international company.

Benefits

Professional development opportunities

Flat hierarchies and direct contact with management

Extensive training opportunities

Qualifications

• At least 3 years’ experience in fund accounting for alternative funds.
• Qualified accountant, ideally ACCA, CA, or CIMA.
• Good knowledge of IFRS and ideally other GAAPs.

Responsibilities

• Assist with managing tax and audit processes.
• Own client product delivery, managing internal and external timelines.
• Prepare and review accurate quarterly management fee calculations.

Skills

Fund accounting experience

Client relationship management

Attention to detail

Ability to manage deadlines

Familiarity with tax-efficient fund structures

Education

Bachelor’s degree in accounting

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 Group

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.

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.
• Own client product delivery, managing both internal and external timelines.
• Prepare and review accurate quarterly management fee calculations, management accounts, and annual financial statements in accordance with applicable financial reporting framework.
• Prepare and review distribution calculations and distribution letters.
• Prepare and review capital call calculations and capital call letters.
• Prepare and review carried interest and waterfall calculations.
• Prepare and review equalization calculations.
• Maintain investor registers and related payments.
• Deliver any other deliverables as agreed in administration agreement.
• Manage client 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 with stakeholders (valuations, treasury, investor relations, custodians, and management company teams) to enhance relationships.
• Manage, train, and assist managers 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 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 year of experience as a reviewer or similar role.
• Qualified accountant, ideally ACCA, CA, or CIMA.
• Good knowledge of IFRS and ideally other GAAPs.
• Knowledge of Investran and/or Yardi is advantageous.
• Familiarity with tax-efficient European fund structures and related investment vehicles and regulatory requirements is advantageous.
• Other characteristics: accurate, self-motivated, able to work independently and as part of a team, deadline-driven, and able to manage 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!

For further information, and to apply, please visit our website via the “Apply” button below.