Senior Fund Accountant – Fund Services

JTC Group; Cape Town; On-site; ZAR 600,000 - 900,000; Full time

Job summary

JTC Group seeks a Fund Accountant to collate, calculate and sign off NAVs for funds under administration. You will prepare cash movements, reconcile accounts, monitor pricing, and draft financial statements under IFRS/GAAP, ensuring deadlines and regulatory compliance.

The role requires SAICA/SAIPA training or equivalent, strong attention to detail, and the ability to manage complex fund portfolios and client queries with precision.

Qualifications

• Bachelor level accounting/finance knowledge.
• 3-year SAICA/SAIPA articles completed.
• Strong grasp of accounting standards and investments.

Responsibilities

• Prepare and monitor cash movements and investment trades for timely NAV delivery.
• Perform weekly/monthly reconciliations and investigate differences to avoid valuation errors.
• Monitor asset pricing and corporate actions to ensure accurate NAV.
• Prepare financial statements in line with IFRS/GAAP for funds and clients.

Skills

Accounting knowledge

Investment knowledge

Attention to detail

Communication

Education

Tertiary qualification in accounting/finance

Completed 3-year SAICA/SAIPA articles

Tools

InvestOne / Investran

Viewpoint

Job description

To collate, calculate, process, investigate and check fundinformation including being a B signatory in order to produce and sign off theaccounts / net asset valuations (nav) of the specific funds/entities which JTCadministers within defined deadlines and within regulatory requirements.

To draftfinancial statements and other financial related disclosures for cliententities accurately in line with International Accounting standards and/ orGAAP on a timely basis, in accordance with the most relevant accountingstandards and client driven requirements.

MAIN RESPONSIBILITIES AND DUTIES

• Prepare, monitor and capture cash movements (cash management), investment trades and update transactions in InvestOne / Investran to ensure an accurate and timely delivery of the Accounts / NAV.
• Prepare and perform weekly / monthly cash and stock reconciliations including proper investigation of all outstanding issues to ensure a timely resolution of any reconciling differences and no valuation errors occur.
• Monitor asset pricing and pricing sources for corporate actions to ensure securities are updated and valued correctly on InvestOne / Investran and no asset pricing errors occur within the Accounts / NAV.
• Perform and check expense and accrual calculations to ensure that they are reflected correctly in the Accounts / NAV.
• Familiarity with Capital Calls, distributions, equalisations and waterfall calculations experience desired.
• Prepare and produce an accurate NAV to ensure Checkers or Supervisor discover no errors on work reviewed resulting in the timely delivery of the Accounts / NAV.
• Proactively investigate queries with dealers; brokers; custodians; auditors and clients to ensure a timely resolution of all queries. Where applicable to communicate and elevate potential issues in a prompt and effective manner.
• Understand and implement company policies and procedures; client service level agreements and internal controls to ensure compliance thereof and no Custodian and external audit findings occur because of them not being applied.
• Prepare and send out all valuation e-mails to a pre-defined distribution list to ensure all parties have been timely informed of the valuation.
• To produce financial statements for portfolio of clients in accordance with the applicable financial standards, and to ensure that the accounts are produced in accordance with the regulatory deadlines and the deadlines agreed with the client.
• To project manage the client audit process internally according to an agreed timetable to ensure all parties are delivering as agreed and the manager or supervisor is informed of any obstacles and/or delays.
• Attend pre and post audit meetings to ensure audit planning, comments and recommendations as well as any post audit adjustments to be made to valuations are discussed.
• Ability to build strong relationships with clients and providing quality service to clients under the assigned portfolio.
• Prepare and complete all monthly/quarterly KPI spreadsheets and/or statutory returns to ensure specific funds regulatory requirements are fulfilled.
• Accurately update and maintain the relevant sections in the delivery matrix to ensure all parties are aware of what has been completed, and Oversight can promptly review the NAV where required.
• Prepare and complete all sundry administrative tasks, including (but not limited to) accurate / timely time recording and filing of Accounts / NAV within Viewpoint.
• Coach and supervise other Fund Accountants in the same team to ensure all procedures are adhered to and feedback can be provided to the Manager for yearly reviews.
• Prepare accurate payment instructions and provide to checker for authorisation in a timely manner.
• Check and authorise payments (as a B Signatory) to ensure the correct amounts are instructed.
• Check and approve valuations (as a B Signatory) to ensure all information and calculations have been correctly collated.

ESSENTIAL REQUIREMENTS

• A relevant tertiary qualification preferably including accounting; finance; investments.
• Completed 3-year SAICA/SAIPA articles.
• Good accounting and investment product knowledge.
• Minimum of 2 to 5 years investment fund administration or related experience.
• Real Estate fund accounting industry experience
• Experience drafting financial statements with appropriate knowledge of accounting standards.
• High level of accuracy and excellent attention to detail.
• Works well under pressure.
• Strong problem solving abilities.

OUR COMMITMENT TO INCLUSION & WELLBEING

JTC is committed to fostering a healthy, inclusiveorganisation where all individuals feel welcome and feel able to participate inthe workplace fully. We value different perspectives, backgrounds and livedexperiences. This includes supporting employee wellbeing so that people feelequipped to thrive.

Whether you are just starting out or seeking new challenges, JTC offers an environment where you can grow, develop, and succeed at every stage of your career.

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