Fund Accountant

2 weeks ago

Cape Town, South Africa Salt Employee Benefits Full time

The Fund Accountant need to manage the day to day accounting duties for a specific bank account. The Fund accountant will be responsible for the management/reconciliations of various general ledger accounts which is reconciled monthly. They will also assist the Senior Fund Accountant with the preparation of the audit workings. They will be doing reconciliation checks during the month to make sure all system transactions are correctly accounted for.

This role will provide an effective and efficient administrative and
support function to the overall Fund Accounting Team within the different silo’s.

RESPONSIBILITIES

Operational Duties:

Banking

  • Set up payments on banking, extract bank statements.
  • Check that bank statements are updated and bank reconciliations done accurately and on time.
  • Cashflow management of funds and forecasting of cash requirements in line with the funds policy/ies.

Accounts

  • Preparation of fund accounts in line with the fund/s accounting policies and implementation of any changes.
  • Ensure adherence to the Service Level Agreement (SLA) of the fund/s.
  • Preparation of all monthly reconciliations (Accounts Receivable & Accounts Payable).
  • Preparation and review of monthly /annual working papers relating to ledger accounts (GL).

Investments

  • Liaising with fund managers, brokers, and custodians to communicate information and resolve issues on a timely basis.
  • Monitor and control investment / disinvestment with the respective Investment Managers.
  • Ensure accurate loading of daily and cashflow unit prices.
    • Ensuring Investments are balanced accurately (ALM).

    SARS

    • Submission of monthly EMP201 and Biannual 501 recons.
    • SARS queries and resolution.

    Audit

    • Planning and coordination of the audits to ensure the audit function is executed on a timely and efficient basis.
    • Preparation of audit files and working papers for submission to the Fund Accounting Manager.
    • Preparation of the annual financial statements.
    • Providing responses on audit requirements ensuring all audit issues are resolved, and all compliance issues are met.
    • Implementing recommendations from the auditors.
    • Electronic submission of financial statements to the FSCA.

    Valuation

    • Preparation of member data pertaining to the valuation of the fund/s.
    • Liaising with the actuary for the timeous valuation of the fund/s.
    • Implementing recommendations from the valuator.

    Legislative

    • Responsible to ensure all compliance reporting is submitted within the timeframe.

    Reporting

    • Preparing monthly management accounts, cashflow statements and investment recons.
    • Drafting of the annual budget for the fund/s and monthly tracking of the fund/s income and expenses against the budget.
    • SARB and C48 reporting.
    • Quarterly Reg 28 compliance reporting.
    • Communicate to management with regard to any fraudulent activities and misrepresentation of information.

    Customer

    • Ensure adherence to customer and service provider SLA’s.

    People

    • Assist administrators with accounting issues.

    Competencies required:

    • Excellent analytical and problem solving skills
    • High level of accuracy and attention to detail
    • Must be able to work under pressure
    • Industry knowledge and experience
    • Organisational skills / Planning and prioritising
    • Good Interpersonal skills
    • Cross team collaboration
    • Management of time, must meet deadlines
    • Good verbal and written communication skills
    • Setting personal and career goals

    Qualifications:

  • Undergraduate degree/ Retirement Fund qualification.
  • Excellent Excel skills, must be able to do V-Lookup, pivot etc.
  • FICA awareness training.
  • At least 3 years employee benefits / retirement fund administration experience specifically in a similar role.
  • A good knowledge of pension fund legislation, (specifically Section 13A), regulations and guidelines.
  • Everest experience will be advantageous.
  • Good knowledge and understanding of unitisation.
  • Good knowledge of Microsoft Outlook and word.
  • Excellent numerical skills with attention to detail and accuracy.

  • Fund Accountant

    4 weeks ago

    Cape Town, Western Cape, South Africa Apex Group Full time

    Fund Accountant - Offshore Fund Accounting (S.A)Summary of the position The role of the Fund Accountant - Offshore Fund Accounting (S.A) will be to perform and provide assurance on offshore fund valuations as produced by the Offshore Fund Accounting (S.A) t eam based in South Africa at our Mowbray Office . M ain responsibilities of the role include s...

  • Fund Accountant

    2 weeks ago

    Cape Town, South Africa SALT Employee Benefits Full time

    The Fund Accountant need to manage the day to day accounting duties for a specific bank account. The Fund accountant will be responsible for the management/reconciliations of various general ledger accounts which is reconciled monthly. They will also assist the Senior Fund Accountant with the preparation of the audit workings. They will be doing...

  • Fund Accountant

    2 weeks ago

    Cape Town, South Africa Adzuna ZA B C2 Full time

    The Fund Accountant need to manage the day to day accounting duties for a specific bank account. The Fund accountant will be responsible for the management/reconciliations of various general ledger accounts which is reconciled monthly. They will also assist the Senior Fund Accountant with the preparation of the audit workings. They will be doing...

  • Fund Accountant

    2 weeks ago

    Cape Town, South Africa SALT Employee Benefits Full time

    The Fund Accountant need to manage the day to day accounting duties for a specific bank account. The Fund accountant will be responsible for the management/reconciliations of various general ledger accounts which is reconciled monthly. They will also assist the Senior Fund Accountant with the preparation of the audit workings. They will be doing...

  • Fund Accountant

    2 weeks ago

    Cape Town, Western Cape, South Africa Apex Group Full time

    We are seeking a Fund Accountant, reporting to a Manager within the Private Equity Division, to have responsibility for the preparations of accurate portfolio valuations on a timely basis.The Fund Accountant will support a growing team providing a full suite of fund accounting and financial reporting services to our Private Equity clients. The role will...

  • Fund Accountant

    2 days ago

    Cape Town, South Africa Adzuna ZA B C2 Full time

    Your responsibility will include but is not limited to:Facilitate payments and manage bank statementsEnsure accurate and timely reconciliation of bank accountsPredict cash needs and oversee cashflow as per fund policiesCompile fund accounts according to accounting guidelinesUphold Service Level AgreementsConduct monthly reconciliations for Accounts...

  • Fund Accountant

    2 days ago

    Cape Town, South Africa Adzuna ZA B C2 Full time

    Your responsibility will include but is not limited to:Facilitate payments and manage bank statementsEnsure accurate and timely reconciliation of bank accountsPredict cash needs and oversee cashflow as per fund policiesCompile fund accounts according to accounting guidelinesUphold Service Level AgreementsConduct monthly reconciliations for Accounts...

  • Fund Accountant

    2 days ago

    Cape Town, South Africa Communicate Recruitment Full time

    Your responsibility will include but is not limited to:Facilitate payments and manage bank statementsEnsure accurate and timely reconciliation of bank accountsPredict cash needs and oversee cashflow as per fund policiesCompile fund accounts according to accounting guidelinesUphold Service Level AgreementsConduct monthly reconciliations for Accounts...

  • Fund Accountant

    3 days ago

    Cape Town, South Africa Communicate Recruitment Full time

    Your responsibility will include but is not limited to:Facilitate payments and manage bank statementsEnsure accurate and timely reconciliation of bank accountsPredict cash needs and oversee cashflow as per fund policiesCompile fund accounts according to accounting guidelinesUphold Service Level AgreementsConduct monthly reconciliations for Accounts...

  • Fund Accountant

    3 days ago

    Cape Town, South Africa Communicate Recruitment Full time

    Your responsibility will include but is not limited to:Facilitate payments and manage bank statementsEnsure accurate and timely reconciliation of bank accountsPredict cash needs and oversee cashflow as per fund policiesCompile fund accounts according to accounting guidelinesUphold Service Level AgreementsConduct monthly reconciliations for Accounts...

  • Fund Accountant

    3 days ago

    Cape Town, South Africa Communicate Recruitment Full time

    Your responsibility will include but is not limited to:Facilitate payments and manage bank statementsEnsure accurate and timely reconciliation of bank accountsPredict cash needs and oversee cashflow as per fund policiesCompile fund accounts according to accounting guidelinesUphold Service Level AgreementsConduct monthly reconciliations for Accounts...

  • Fund Accountant

    4 weeks ago

    Cape Town, South Africa CA Financial Appointments Full time

    A leading asset manager based in Cape Town is in search of a Fund Accountant to join their dynamic team. The ideal individual will be someone who is able to foster meaningful relationships, and be someone who is continuously looking at ways to improve business processes. Responsibilities:Work alongside portfolio managers, investment directors and principals,...

  • Fund Accountant

    3 weeks ago

    Cape Town, South Africa CA Financial Appointments Full time

    A leading asset manager based in Cape Town is in search of a Fund Accountant to join their dynamic team. The ideal individual will be someone who is able to foster meaningful relationships, and be someone who is continuously looking at ways to improve business processes. Responsibilities: Work alongside portfolio managers, investment directors and...

  • Fund Accountant

    3 weeks ago

    Cape Town, Western Cape, South Africa Apex Group Full time

    Role summary:We are seeking a Fund Accountant, reporting to a Manager within the Alternative Asset Services Division of Apex, to have responsibility for the preparations of accurate portfolio valuations on a timely basis. You will typically be responsible for the preparation/overseeing of a number of client portfolios (underlying accounting, financial...

  • Fund Accountant

    20 hours ago

    Cape Town, South Africa Conova Recruitment Full time

    Key Responsibilities include: Fund liquidity management, with reference to funding requirements for investments, capital and income returns on investments, fund expenses, as well as managing available external funding available from investor and credit facilities. Operational management of the company's unlisted investments, including liaison with...

  • Senior Fund Accountant

    4 weeks ago

    Cape Town, South Africa Salt Employee Benefits Full time

    JOB OVERVIEWThe Senior Fund Accountant provides both operational and programmatic support to the Fund Accounting team. The Senior Fund Accountant provide technical support and training to the Fund Accountant/s. The Senior Fund Accountant reports to the Fund Accounting Manager and assists on all operational matters as they relate to the management of the Fund...

  • Senior Fund Accountant

    4 weeks ago

    Cape Town, South Africa TMF Group Full time

    We never ask for payment as part of our selection process, and we always contact candidates via our corporate accounts and platforms. If you are approached for payment, this is likely to be fraudulent. Please check to see whether the role you are interested in is posted here, on our website. TMF Fund Services is an independent alternative fund...

  • Fund Accountant

    4 weeks ago

    Cape Town, South Africa Conova Recruitment Full time

    Key Responsibilities:Prepare, monitor and capture cash movements (cash management), investment trades and update transactions in InvestOne / Investran to ensure an accurate and timely delivery of the Accounts / NAV.Prepare and perform weekly / monthly cash and stock reconciliations including proper investigation of all outstanding issues to ensure a timely...

  • Fund Accountant

    3 weeks ago

    Cape Town, South Africa Adzuna ZA B C2 Full time

    Key Responsibilities:Prepare, monitor and capture cash movements (cash management), investment trades and update transactions in InvestOne / Investran to ensure an accurate and timely delivery of the Accounts / NAV.Prepare and perform weekly / monthly cash and stock reconciliations including proper investigation of all outstanding issues to ensure a timely...

  • Fund Accountant

    3 weeks ago

    Cape Town, South Africa Conova Recruitment Full time

    Key Responsibilities: Prepare, monitor and capture cash movements (cash management), investment trades and update transactions in InvestOne / Investran to ensure an accurate and timely delivery of the Accounts / NAV. Prepare and perform weekly / monthly cash and stock reconciliations including proper investigation of all outstanding issues to ensure a...