Senior Fund Accountant

Job ID

32576

Location

Cape Town, South Africa

Work Types

Permanent

Categories

Client Accounting

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About TMF Group

TMF Group is a leading provider of administrative services, helping clients invest and operate safely around the world.

As we're a global company with 11,000+ colleagues based in over 125 offices across 87 jurisdictions, we actively seek out people with the talent and potential to flourish at TMF Group, whatever their background, and offer job opportunities to the broadest spectrum of people. Once on board we nurture and promote talented individuals, making sure that senior positions are open to all.

Discover the Role

TMF Fund Services is an independent alternative fund administrator with over two decades of experience in providing an extensive range of services, coupled with a very personal approach. We combine our technology, expertise and global infrastructure to deliver a customized package of services to our clients. These include Fund Administration, Investor Services, Portfolio & Managed Account Services, Depositary and Corporate Services.

Key Responsibilities

Assist with managing tax and audit processes

• Provide necessary information to auditors and tax accountants for completion of audits and tax returns within scheduled time Frames

Ownership of client product delivery, managing both internal and external timelines

Preparation/review of accurate:

• Quarterly management fee calculations

• Management accounts

• Annual financial statements in accordance with applicable financial reporting framework

• Distribution calculations and distribution letters

• Capital call calculations and capital call letters

• Carried interest and waterfall calculations

• Equalization calculations

• Investor registers

• Payments

• Any other deliverables as agreed in administration agreement

Manage relationships

• Provide exceptional client service experience

• Act as a primary client contact, with responsibility for responding to client questions and requests

• Leading regular scheduled meetings with clients

• Interfacing and enhancing relationships with various stakeholders such valuations, treasury, investor relations, custodians, and management company teams among other.

Manage, train, and assist manager with developing Junior staff members

• This includes onboarding and enforcing company policies among other.

• Act as point of support for team members

• Read and understand various agreements, including the Service Level Agreements to determine how the provisions impacts the operations and reporting deliverables.

Key Requirements

Bachelor's degree, preferably in accounting

• At least 3 years' experience in Fund accounting for Alternative Funds (Private Equity, Real Estate, Private Debt) with at least 1 years' experience as a reviewer or
• A qualified accountant ideally ACCA, CA, or CIMA
• Good knowledge of IFRS and ideally other GAAPs
• Knowledge of Investran and/or Yardi- this would be considered as advantage
• Familiarity with tax-efficient European fund structures and related investment vehicles and regulatory requirements - this would be considered as advantage
• Other characteristics: accurate, self-motivated and able to work both independently and as part of a team, deadline driven and able to maintain a portfolio of clients

What's in it for you?

An exciting opportunity in an international company

Professional development opportunities as well as extensive individual further training opportunities, supported by our TMF Business Academy

A career within an ever evolving market

Flat hierarchies with direct contact to management and international exchange

Want to know more about a career with TMF Group? Watch this video:

We're looking forward to getting to know you