Team Leader - Fund Accounting (Traditional And Hedge)

Acca Careers; Johannesburg; On-site; ZAR 600 000 - 900 000; Full time

Job summary

A financial services company in Johannesburg is seeking a Team Leader - Fund Accounting. The role involves managing teams of Fund Accountants, reviewing staff work, and handling client queries. Ideal candidates will have an accounting qualification and several years of relevant experience. This position offers competitive remuneration and a chance to be part of a growing global business.

Benefits

Competitive remuneration

Opportunity to be part of a global business

Qualifications

• Minimum 3 years accounting experience or 6 months Fund Accounting experience.
• 24 months+ Fund Accounting experience in asset management.
• Experience with various fund types.

Responsibilities

• Manage teams of Fund Accountants performing accounting and administration.
• Review staff work and ensure standards are adhered to.
• Oversee projects aimed at improving processes.

Skills

Advanced level experience in using Excel

Fund Accounting experience

Excellent communication skills

Problem-solving skills

Education

Accounting qualification (minimum B or equivalent)

Tools

InvestOne

Job description

Team Leader - Fund Accounting (Traditional and Hedge)

The primary responsibility for this position is to manage teams of Fund Accountants who perform the accounting and administration of all South African priced funds including Unit Trusts, Priced Pooled, Priced Segregated, and South African Hedge Funds.

• Manage staff and assist with operational issues.
• Review staff work; ensure processes are followed and standards are adhered to.
• Oversee projects aimed at improving processes within Fund Accounting.
• Handle client & audit queries, ensuring accurate calculation of fund valuations including NAVs and accounting to TB.
• Communicate and answer any queries on the funds from the team.
• Manage the output of the team according to the daily production schedule.
• Perform valuation quality assurance reviews and ensure consistent quality of output.
• Document all processes, checklists and controls within the team.
• Monitor and manage the performance of the team and individual members; set KPIs and develop staff.
• Implement projects, checks and controls to mitigate risk.
• Manage staff in taking on new funds allocated.
• Participate and lead training applicable for the team.
• Monitor and delegate to ensure reconciliations in fund accounting are clear.

Qualifications

• An accounting qualification (minimum B or equivalent) together with either 3 years accounting experience or at least 6 months Fund Accounting experience.
• 24 months + Fund Accounting experience in asset management portfolio administration and pricing.
• Experience with various fund types locally or internationally.
• Advanced level experience in using Excel, InvestOne and other related systems.
• Proven competence and an aptitude for working with systems.
• Detailed understanding of funds and fee structures.
• Previous experience in supervising a team and conducting colleague reviews.
• Previous experience dealing with clients.
• Previous experience mentoring junior and new staff.
• Excellent communication skills (both written and verbal).
• Confident, enthusiastic and self‑motivated.
• A track record of achievement.

Ideal Candidate Competencies

• Ability to analyze and solve problems.
• Supervise staff and work as part of a team.
• Assist in process improvement and develop & implement policies & procedures.
• Identify problems and delegate effectively.
• Monitor portfolio and produce daily & weekly stats on recon items.
• Establish and manage relationships; liaise with clients and system developers.
• Experience managing a team.
• Knowledge of basic investment products.
• Good understanding of financial markets, instruments and systems.

What You Will Get In Return

• A genuinely unique opportunity to be part of an expanding large global business.
• Competitive remuneration commensurate with skills and experience.

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.

Seniority level: Mid‑Senior level

Employment type: Full‑time

Job function: Accounting / Auditing and Finance; Industries: Accounting