Trainee Fund Accountant - Accounting Services

Apex Group; South Africa; On-site; ZAR 50 000 - 200 000; Full time

Job summary

A global finance company is looking for a Trainee Fund Accountant in South Africa. This role involves preparing accurate portfolio valuations and managing NAVs and financial reports. The ideal candidate will hold a commerce degree and possess strong analytical skills. Excellent communication and teamwork abilities are essential to succeed in this dynamic environment. Become part of a supportive team on a transformative journey in finance.

Responsibilities

• Prepare accurate portfolio valuations on a timely basis for accounting.
• Complete NAVs, Management Reporting and Statutory reporting.
• Liaise with fund managers, brokers, and custodians to resolve issues.
• Assist external auditors to ensure timely audit execution.
• Prepare management accounts and annual statutory financial statements.

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

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.