Trainee Fund Accountant - Accounting Services

Apex Group Ltd; Cape Town; On-site; ZAR 250,000 - 300,000; Full time

Job summary

A global financial services company is seeking a Trainee Fund Accountant in Cape Town. This role involves preparing accurate portfolio valuations, managing relationships with fund managers and custodians, and ensuring compliance with accounting regulations. Candidates must hold a commerce degree and possess strong analytical skills. The company offers opportunities for career growth and development in a supportive environment. Ideal candidates will be motivated and have a solid understanding of the financial sector.

Qualifications

• Must have a commerce degree.
• Knowledge of financial accounting, taxation, and corporate law is essential.
• Must be proficient in MS Excel.

Responsibilities

• Prepare accurate portfolio valuations on time.
• Work with team leader to complete NAVs and management reporting.
• Liaise with fund managers and custodians for effective communication.

Skills

Proficient in MS Excel

Good analytical and problem-solving skills

Excellent interpersonal and teamwork skills

Ability to prioritise work and meet strict deadlines

Excellent communication and organisation skills

Education

Commerce degree

Financial Accounting 3

Taxation 1

Auditing 1 OR Internal Auditing 2 OR Internal Control & code of ethics

Corporate Law 1 OR Commercial Law 2

Management accounting

Job description

Overview

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

Role summary

We are seeking a Trainee Fund Accountant, reporting to a Team Leader within Apex, to have responsibility for the preparations of accurate portfolio valuations on a timely basis. You will typically be responsible for the accounting of a number of portfolios.

Key responsibilities

• Working with the Team Leader to ensure the completion of NAVs, Management Reporting and Statutory reporting of corporate entities to ensure the team complies with all of its accounting and regulatory obligations and requirements including listing requirements and client reporting.
• Liaising with fund managers, brokers, and custodians to communicate information and resolve issues on a timely basis.
• Ensure that client responsibilities are managed effectively and to agreed client, best practice, regulatory and statutory deadlines.
• Assisting the external auditors to ensure the audit function is executed on a timely and efficient basis.
• Preparation of monthly, quarterly, annual NAV’s.
• Preparation of management accounts and IPD’s.
• Preparation of annual statutory financials statements.
• Assisting with cash management and bank payments.
• Responsibility for all bookkeeping of clients in portfolio. Working with the manager and Director to ensure the planning, coordination and completion of NAVs.

Skills / experience

• Commerce degree.
• Financial Accounting 3.
• Taxation 1.
• Auditing 1 OR Internal Auditing 2 OR Internal Control & code of ethics.
• Corporate Law 1 OR Commercial Law 2.
• Management accounting.
• Proficient in MS Excel.
• Structural and detail orientated.
• Good analytical and problem-solving skills.
• Excellent interpersonal and teamwork skills.
• Ability to prioritise work and meet strict deadlines.
• Excellent communication and organisation skills.
• Motivated and driven and financial sector and Fund knowledge will be a distinct advantage.

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.