Operational Director

7 days ago


Johannesburg, Gauteng, South Africa ACCA Careers Full time

**About Us**

We are ACCA Careers, a leading provider of fund administration and middle office solutions. Our unique approach combines global reach with local service, making us one of the world's largest providers in our field.

As a Senior Manager, UK Operations - Open Ended Funds (GSC), you will be responsible for leading our UK business unit within the SA Global Service Center. Your primary focus will be on managing, measuring, and improving the efficiency and effectiveness of our operations, ensuring timely and compliant delivery of services to external clients and stakeholders.

**Key Responsibilities**

  • Trade Processing and Trade Confirmations & Settlements: Ensure seamless trade capture, confirmation, and settlement processes through NXM, Invest One, and OMGEO/STP Confirms app.
  • Oversight of Market Data Activities: Supervise security setup, valuations, and corporate actions processing to ensure accurate data.
  • Daily Cash and Scrip Reconciliations: Regularly monitor discrepancies and resolve aged or material items to maintain accuracy.
  • NAV Valuation and Accounting: Process contributions and withdrawals, calculate fee accruals, and determine income distribution rates as part of NAV price calculations.
  • Fund Reporting Activities: Prepare trustee reconciliation packs, distribute them to depositories, and address queries related to certificates and letters.

**Requirements**

  • 8+ years of experience in the Open-Ended product sector, with a minimum of 3 years in operational leadership roles.
  • Proven leadership qualities, strong project management capability, and excellent numeracy, logical, and analytical approaches.
  • Strong technical knowledge of middle and back-office services and processes, including upstream and downstream processes and risks.
  • The ability to design new processes and conceptualize systems to support those processes.
  • Prior experience in liaising with internal and external clients under outsourcing arrangements.

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