Fund Accountant Specialist
1 month ago
Salary: R850,000 - R1,050,000 per annum
Job Description:We are seeking a highly skilled Fund Accountant Specialist to join our team at TMF Group in Cape Town. As a Fund Accountant Specialist, you will play a key role in ensuring the accurate preparation and reporting of financial statements for our alternative fund clients.
Responsibilities:- Assist the manager in the preparation of quarterly management fee calculations, management accounts, annual financial statements, and distribution calculations
- Prepare accurate and timely financial reports, including investor registers, payments, and other deliverables as agreed in administration agreements
- Manage relationships with various stakeholders, including valuations, treasury, investor relations, custodians, and management company teams
- Read and understand various agreements, including service level agreements, to determine how provisions impact operations and reporting deliverables
To be successful as a Fund Accountant Specialist, you will require:
- A Bachelor's degree in Accounting or a related field
- At least 3 years' experience in fund accounting for alternative funds (private equity, real estate, private debt, hedge funds)
- Good knowledge of IFRS and ideally other GAAPs
- Familiarity with tax-efficient European fund structures and related investment vehicles and regulatory requirements
- Other characteristics: accurate, self-motivated, able to work independently and as part of a team, deadline-driven, and able to maintain a portfolio of clients
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