Team Leader - Segregated Fund Accounting

Wealth Enhancement Group; Cape Town; On-site; ZAR 600,000 - 750,000; Full time

Job summary

A leading company in fund administration, located in Cape Town, is seeking a Team Leader to oversee a team of Fund Accountants. The role involves mentoring, ensuring service delivery, and maintaining high standards of fund valuations. Ideal candidates should have over 5 years of experience in fund accounting, strong technical skills, and exceptional management capabilities.

Qualifications

• At least 5 years of related experience at a senior Fund Accountant level.
• Strong technical knowledge of InvestOne and Spectra.
• Proven management and interpersonal skills.

Responsibilities

• Monitor and control service delivered by team of Senior Fund Accountants.
• Liaise with clients and assist with implementation of new processes.
• Perform thorough reviews of valuations up to final sign-off.

Skills

MS Excel

Team Management

Attention to Detail

Problem-Solving

Communication

Time Management

Technical Knowledge of InvestOne

Fund Valuation Process Knowledge

Job description

The Apex Group was established in Bermuda in 2003 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 circa 13,000 employees across 112 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

Description

The Team Leader role involves monitoring and controlling the service as delivered by their team of Senior Fund Accountants and Fund Accountants, more specifically:

• Identify the training and development needs of his/her team.
• Mentor team members.
• Perform a thorough review of valuations up to the final sign-off stage.
• Ensure service levels are maintained and
• Liaise with clients and assist with the implementation of new processes and procedures

Job specification

The brief description outlined above will involve the following specific duties: The brief description outlined above will involve the following specific duties:

• Planning and controlling team workload and workflow.
• Provide informal on the job training for team members.
• Liaise with the other departments in respect of issues affecting the output of the team.
• Ensure that Accounting and Valuations procedures are correctly followed by the team under their supervision.
• Ensure that Net Asset Value calculations are prepared in a timely, efficient and accurate manner.
• Review valuations up to final sign-off stage.
• Ensure that valuation reports are sent to clients within agreed deadlines.
• Review Total Expense Ratio calculations.
• Monitor warehouse Dashboard to ensure data warehouse is in sync with InvestOne.
• Act as a backup to the Manager and attend service meetings with the client where required.
• Assist team members in resolving client queries timeously.
• Provide fund auditors with the required information and explanations as requested.
• Suggest and implement valuation procedure and process improvements; Ensure that all filing for the section is kept up to date and is performed in a neat and orderly manner.
• Responsible for Fund Accounting.
• Pricing.
• Security position and price review.
• Cash reconciliation review
• Reporting

Skills Required:

• At least 5 years’ related experience at a senior Fund Accountant level
• Proficient in MS Excel.
• Strong technical knowledge of InvestOne and Spectra
• Necessary management and interpersonal skills to manage a team of fund accountants.
• Thorough knowledge of the fund valuation process and all elements thereof.
• A high level of attention to detail and accuracy to review valuations and ensure a high level of quality in the output of the Accounting and Valuations function.
• Effective time management skills to achieve deadlines.
• A high level of problem-solving skills and
• Exceptional communication skills

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.