Trainee Fund Accountant - Accounting Services

theapexgroup; Cape Town; On-site; ZAR 180,000 - 240,000; Full time

Job summary

The Apex Group is seeking a Trainee Fund Accountant in Cape Town to assist in accurate portfolio valuations and NAV preparations. You will work under a Team Leader to handle NAVs, management reporting, and statutory reporting for multiple portfolios.

You will liaise with fund managers, brokers, and custodians to resolve issues and meet strict deadlines, while supporting audit processes and financial statement preparation.

Qualifications

• Commerce degree or equivalent in accounting/finance field.
• Foundational courses in financial accounting, taxation, auditing and control.
• Coursework in corporate/commercial law and management accounting.
• Proficient in MS Excel and financial data manipulation.
• Strong attention to detail and structured work approach.
• Good communication, teamwork and organisational skills.
• Interest or knowledge of funds and financial services is a plus.

Responsibilities

• Prepare NAVs, management reporting and statutory reporting for portfolios.
• Coordinate with fund managers, brokers, custodians to resolve issues timely.
• Ensure deadlines for client reporting and regulatory obligations are met.
• Assist external auditors to ensure timely audits.
• Prepare monthly/quarterly/annual NAVs and IPDs.
• Prepare annual statutory financial statements and management accounts.
• Assist with cash management and client bookkeeping.
• Support planning and coordination of NAV computations with the team.

Skills

MS Excel

Analytical & problem solving

Interpersonal & teamwork

Ability to prioritize & meet deadlines

Communication & organisation

Education

Commerce degree

Financial Accounting 3

Taxation 1

Auditing 1 / Internal Auditing 2 / Internal Control

Corporate/Commercial Law 1/2

Management accounting

Tools

MS Excel

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

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 prioritize work and meet strict deadlines.
• Excellent communication and organisation skills.
• Motivated and driven and financial sector and Fund knowledge will be a distinct advantage.