Supervisor - Funds Services

ACCA Careers; Cederberg Local Municipality; On-site; ZAR 600,000 - 900,000; Full time

Job summary

TMF Group, acting through TMF Fund Services, seeks a senior fund accounting professional to lead tax and audit processes and manage client deliverables. You will coordinate audits, tax returns, and quarterly/annual reporting while supervising a team and maintaining strong client relationships across internal and external stakeholders.

You will review complex calculations (fees, distributions, capital calls) and ensure compliance with IFRS and relevant GAAPs, contributing to a high-performance

Qualifications

• Bachelor’s degree in accounting or equivalent.
• ACCA/CA/CIMA with post-qualification experience preferred.
• Experience in fund accounting for alternative funds is advantageous.

Responsibilities

• Provide information to auditors and tax accountants for audits and tax returns.
• Project manage the audit and tax process.
• Own client product delivery and manage internal/external timelines.
• Review quarterly management fees, management accounts and annual FS.
• Prepare distributions, capital calls and related letters.
• Handle carried interest, waterfalls and equalisation calculations.
• Maintain investor registers and payments.
• Read and interpret SLAs and agreements affecting operations and reporting deliverables.
• Lead client meetings and engage with stakeholders (valuations, treasury, investor relations).
• Train and assist managers with developing fund/senior fund accountants.

Skills

Fund accounting

Team management

Audits & tax

Client relationship

IFRS knowledge

Accounting standards

Education

Bachelor's degree in accounting

ACCA/CA/CIMA qualified

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 on our career 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

Manage tax and audit processes:

• Provide necessary information to auditors and tax accountants for completion of audits and tax returns within scheduled time frames
• Project manage the audit and tax process

Ownership of client product delivery, managing both internal and external timelines

• Review of accurate:
• Quarterly management fee calculations
• Management accounts
• Annual financial statements in accordance with applicable financial reporting framework
• Distribution calculations and distribution letters
• Capital call calculations and capital call letters
• Carried interest and waterfall calculations
• Equalization calculations
• Investor registers
• Payments
• Any other deliverables as agreed in administration agreement

Manage relationships

• Provide exceptional client service experience
• Act as a primary client contact, with responsibility for responding to client questions and requests
• Leading regular scheduled meetings with clients
• Interfacing and enhancing relationships with various stakeholders such valuations, treasury, investor relations, custodians, and management company teams among other.

Manage, train, and assist manager with developing Fund/Senior Fund accountants

• This includes onboarding and enforcing company policies among other.
• Act as point of support for team members and may be required to prepare at times.
• Read and understand various agreements, including the Service Level Agreements to determine how the provisions impacts the operations and reporting deliverables.
• Assist manager with projects and other ad hoc tasks

Key Requirements

• Bachelor’s degree, preferably in accounting
• At least3-5years’ experience in Fund accounting for Alternative Funds (Private Equity, Real Estate, Private Debt)with at least2years’experienceasareviewer or
• A qualified accountant ideally ACCA, CA, or CIMA with at least 2 years post qualifying experience as a reviewer preferably in financial services
• Good knowledge of IFRS and ideally other GAAPs
• Knowledge of Investran and/or Yardi– this would be considered as advantage
• Familiarity with tax-efficient European fund structures and related investment vehicles and regulatory requirements – this would be considered as advantage
• Other characteristics: accurate, self-motivated and able to work both independently and as part of a team, deadline driven and able to maintain 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