Senior Fund Accountant - Segregated Funds

Acca Careers; Johannesburg; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A leading global fund management firm in Johannesburg seeks a Senior Fund Accountant to manage fund accounting processes and mentor junior staff. Ideal candidates should have 1-2 years of fund accounting experience, a BCom degree, and strong IT skills, particularly in Excel and Invest One. This full-time position offers an opportunity to contribute to a dynamic team within a growing organization.

Qualifications

• Minimum of 1-2 years' experience as a fund accountant.
• Experience in Asset Management portfolio administration and pricing.
• Excellent working knowledge of systems, particularly Invest One.

Responsibilities

• Produce and distribute accurate valuation files.
• Update systems with daily prices.
• Provide mentorship and guidance to fund accountants.
• Review outputs for quality assurance.

Skills

Fund accounting experience

Investment products knowledge

Excel proficiency

Strong IT and systems skills

Education

BCom or similar in accounting, economics, or investments

Tools

Invest One

Job description

Senior Fund Accountant – Segregated Funds Join to apply for the Senior Fund Accountant – Segregated Funds role at ACCA Careers.

The Apex Group was established in Bermuda in and is now one of the world's largest fund administration and middle office solutions providers.

Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services.

With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over 13, employees across offices worldwide.

Your career with us should reflect your energy and passion.

That's why, at Apex Group, we will do more than simply "empower" you.

We will work to supercharge your unique skills and experience.

Take the lead and we'll give you the support you need to be at the top of your game.

And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.

For our business, for clients, and for you.

Role Summary

The Senior Fund Accountant – Segregated Fund Accounting will be required to administer funds efficiently, accurately and within daily deadlines, as well as set up and ensure checklists, process documents and standards are adhered to.

In addition, you will be required to have end-to-end knowledge to assist other APEX teams in resolving client queries, deliver on client reporting requirements and perform ad-hoc processes that are required from time to time.

The Senior Fund Accountant will assist the Team Leader in all aspects that might be required, including managing, overseeing and performing all the required tasks within the Institutional Funds space.

Key Responsibilities

• Produce and distribute accurate valuation files.
• Update the Apex systems with all the daily prices and the verification of these prices.
• Provide mentorship and guidance to fund accountants and interns by reviewing all fund valuations prepared by them and ensuring the accurate calculation of fund valuations.
• Ensure a full understanding of all daily NAV inputs and systems, including Invest One, BEC, EMS, Creations, Expense Calculators, Reconciliations, Transition / Asset Transfers, Pricing Macros, etc.
• Systems, processes and responsibilities could change from time to time.
• Understand and perform ad-hoc APEX processes that might be required by the team, including but not limited to Management Fee Calculator (MFC), income distributions and TER calculations.
• Deliver under unforeseen circumstances, outside of standard working hours, for a short period of time (e.g., month-end deliverables, ad-hoc client queries, urgent delivery, systems issues).
• Continuously review processes to assess improvement and automation opportunities, and present recommendations to management.
• Maintain and update process documentation when processes change or are implemented.
• Communicate and respond to queries internally and from the client, assisting team leaders and managers in resolving such queries.
• Deal with client queries and audit queries.
• Communicate and answer any queries about the funds from the team.
• Perform valuation quality assurance reviews and ensure consistent quality of output.
• Manage and oversee the production schedule and client deliveries in the team leader's absence.
• Assist in the implementation of projects, checks and controls to mitigate risk.
• Coordinate the induction program for new joiners, including end-to-end training of all deliverables and systems within the team.

Key Requirements

• Minimum of 1-2 years' experience as a fund accountant.
• A BCom or similar, accounting, economics or investments background.
• Experience in Asset Management portfolio administration and pricing.
• Experience with investment products (e.g., Unit Trusts, Multi-Manager, Segregated, Regulation 28, Pension, Provident, Pooled Portfolios, ETFs).
• Excellent IT and Systems Skills and Knowledge.
• A good working knowledge of systems or an aptitude for working with systems, specifically Invest One.
• An excellent working knowledge of MS Office & IT packages, particularly Excel.

Seniority Level Mid-Senior level Employment Type Full-time Job Function Accounting / Auditing and Finance Industries Accounting Location : Centurion, Gauteng, South Africa Disclaimer : Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position.

Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.