Specialist | Institutional Fund Operations | Fund Accounting

Gray; South Africa; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A financial services firm in Cape Town is looking for a Fund Accounting Specialist to enhance operational excellence within its Fund Accounting team. The successful candidate will have at least 5 years of relevant experience and in-depth knowledge of collective investment schemes. Key responsibilities include calculating daily NAV for various fund products, optimizing reconciliations, and managing fund payments. Ideal applicants will have strong analytical skills, attention to detail, and relevant financial qualifications.

Qualifications

• 5 years' experience in Fund Accounting or CA's with audit exposure within Investment Management and Fund Operations.
• Thorough understanding of complex interest-bearing instruments.

Responsibilities

• Calculate daily NAV of various fund products.
• Review daily NAV for accuracy.
• Optimize reconciliations and resolve discrepancies.
• Prepare Fund Trial Balances and NAV analysis.

Skills

Highly analytical

Attention to detail

Excellent time management

Self-motivated

Strong team focus

Education

Chartered Accountant or BCom (Hons) with Accounting

Specialist qualification in financial services

Job description

Job Summary

Position within Institutional Operations - Fund Accounting Team as a Fund Accounting Specialist.

The purpose of the role is to contribute to and promote robust operating procedures within Fund Accounting to create an efficient and high performing team. The successful candidate is required to have in depth knowledge and understanding of the accounting and analytical aspects of collective investment schemes, unitized vehicles, both local and offshore.

Job Responsibilities

• Calculating the daily NAV of the Unit Trust, Pooled Products, Mutual Funds and Multi Manager Products and Bermuda Products
• Review daily NAV of the Unit Trust, Pooled Products and Multi Manager Products and Bermuda Fund
• Sound understanding of the valuation of offshore and local securities, including fixed income
• Accurate calculations of fund and class daily expense including performance fees
• Oversight and understanding of corporate actions impacting fund nav
• Optimization of reconciliations, Exception handling, Investigation of significant variances and effective resolution of reconciliation breaks and ad hoc challenges
• Accurate processing on Asset Transfers across all Structured Products
• Responsible for Fund payments
• Advanced understanding of the composition of fund holdings, fund benchmarks and performance fees
• Preparing Fund Trial Balances and Nav analysis
• Advanced understanding of unit transactions impact on income and capital prices
• Attending to audit queries and ad hoc queries
• Sound understanding of Income Distribution processes including the allocation of income per taxable income categories
• Ensure Fund Accounting BAU is metric is maintained

Key Attributes and Competencies

• Highly analytical and accounting focused
• Critical Attention to detail
• Deadline driven and excellent time management skills
• Excellent organisational skills
• Self-motivated, determined, and resilient
• People orientated
• Strong team focus and team player
• Ability to motivate a team
• Works well under pressure
• Excellent relationship building

Experience and Education

• Appropriate finance qualification: Chartered Accountant or BCom (Hons) with Accounting. Specialist qualification in financial services would be advantageous.
• Thorough understanding of complex interest-bearing instruments
• Oversight and understanding of corporate actions impacting fund nav
• Self-driven with at least 5 years' experience in Fund Accounting or CA's with audit exposure within Investment Management and Fund Operations

Location and Closing date

Location: Cape Town

Closing date: 31 January 2026