Senior Manager - Operations (Fund Accounting)

Amicorp Group; Wes-Kaap; On-site; ZAR 60 000 - 120 000; Full time

Job summary

An established industry player is seeking a strategic leader to oversee fund operations and drive revenue growth. This pivotal role involves optimizing operational processes, ensuring compliance with regulatory standards, and managing investor relations. The ideal candidate will possess extensive experience in fund administration, exceptional leadership skills, and a hands-on approach to team management. Join a dynamic environment where your contributions will directly impact the firm's success and growth in the financial markets. If you are a proactive and innovative thinker with a passion for fund operations, this opportunity is for you.

Qualifications

• 15+ years of experience in fund operations within VC or PE.
• Strong understanding of fund accounting and regulatory compliance.

Responsibilities

• Lead fund operations team ensuring compliance and efficiency.
• Manage investor relationships and oversee fund performance reporting.

Skills

Fund Operations Management

Leadership

Regulatory Compliance

Investor Relations

Analytical Skills

Communication Skills

Problem-Solving

Education

Bachelor's degree in Business or Finance

Tools

Maconomy

Job description

SUMMARY

The role holder will play a pivotal role in generating revenue and improving efficiency and productivity through overseeing and optimizing the operational aspects of the fund. This position requires a strategic, commercial and independent thinker with deep expertise in fund administration/ operations, exceptional leadership skills, and the ability to ensure the efficiency and compliance of fund management processes.

PRIMARY DUTIES AND RESPONSIBILITIES

Operational Leadership:

• Provide strategic direction and leadership to the fund operations team, ensuring the efficient and compliant management of all fund-related activities.
• Develop and implement operational policies, procedures, and best practices to enhance overall efficiency.
• Build a productive, central hub for Amicorp Financial Markets business in Cape Town
• Grow the revenue through individual and team efforts to achieve the revenue and EBITDA growth targets.

Investor Relations:

• Manage relationships with fund investors, serving as a point of contact for inquiries, updates, and reporting.
• Oversee the preparation and distribution of investor communications, statements, and reports.

Fund Accounting and Reporting:

• Collaborate with the finance team to ensure accurate fund accounting and financial reporting.
• Oversee the preparation and distribution of fund performance reports, NAV calculations and financial statements.

Compliance and Regulatory Oversight:

• Ensure compliance with all relevant regulatory requirements, including reporting obligations and industry standards.
• Collaborate with legal and compliance teams to stay abreast of regulatory changes and implement necessary updates to fund operations.

Process Optimization:

• Identify opportunities for process improvement within fund operations to enhance efficiency and accuracy.
• Implement best practices and leverage technology to streamline fund management workflows.

Team Management and Development:

• Build and lead a high-performing fund operations team, providing guidance, mentorship, and professional development.
• Foster a culture of collaboration, innovation, and continuous learning within the fund operations department.
• Lead by example by recording time and approving timesheets of team members on Maconomy.

Vendor Management:

• Oversee relationships with third-party service providers, including other administrators, custodians, and legal advisors.
• Ensure that vendor services align with the fund's operational needs and standards.

Audit and Compliance Reviews:

• Facilitate external audits and regulatory examinations, working closely with auditors and regulatory bodies.
• Implement corrective actions based on audit findings and recommendations.

Technology and Systems:

• Oversee the implementation and maintenance of fund operations technology and systems.
• Stay informed about industry-leading technology solutions to enhance operational capabilities.

CANDIDATE PROFILE

• Bachelor's degree in Business, Finance, or a related field with minimum of 15+ years of experience in fund operations within venture capital, private equity, or a related field.
• Strong understanding of fund accounting, investor relations, and regulatory compliance, with proven track record of successfully managing and leading teams in a VC or PE firm
• Strategic and independent thinker with the ability to align operational processes with overall fund strategy.
• Familiarity with regulatory requirements and compliance in the investment industry.
• Exhibits strong leadership, social & interpersonal and communication skills, a positive can-do attitude and creativity.
• Experience in management or team leadership, with a hands-on approach to getting things done.
• Excellent client facing skills. Well-developed spoken and written communication skills and the ability to tailor style to relevant audiences and successfully liaise with people at different levels.
• Excellent English language fluency: additional languages preferred.
• Strong analytical and problem-solving skills, solution driven, highly organized and detail orientated with good decision making and time management skills. Independent, hands-on and takes accountability to deliver solutions and results.
• Ability to adapt and work under pressure in a smaller, dynamic, fast paced local team environment; along with being part of a bigger entrepreneurial matrix organization. Proven leadership and team player skills, with ambition to excel in the role.
• Willing to travel within the country and outside the country when required.