Fund Accountant

SUMMARY:
Our client, in the financial services industry and based in Northern Suburbs Cape Town, is seeking a Fund Accountant to join their finance team.

The purpose of the role is to collate, calculate, process, investigate and check fund information in order to produce the Net Asset Values for the specific Funds which the company administers within defined deadlines and regulatory requirements.

POSITION INFO:
Key Responsibilities:

• Prepare, monitor and capture cash movements (cash management), investment trades and update transactions on the accounting system to ensure an accurate and timely delivery of the NAV.
• Prepare and perform weekly/daily cash and stock reconciliations
• Monitor daily/monthly asset pricing and pricing sources for corporate actions to ensure securities are updated and valued correctly on the accounting system and no asset pricing errors occur in the valuation.
• Perform and check weekly/daily expense and accrual calculations to ensure that they are reflected correctly in the Net Asset value calculation.
• Proactively investigate queries with dealers; brokers; custodians; auditors and clients to ensure a timely resolution of all queries. Where applicable to communicate and escalate potential issues in a prompt and effective manner.
• Understand and implement company policies and procedures
• Monitor and perform weekly/monthly compliance checks
• Prepare and complete all quarterly statutory returns
• Accurately update and maintain the relevant sections in the delivery matrix to ensure all parties are aware of what has been completed and Oversight can promptly review the NAV where required.
• Maintain investor registers and ensure only authorized changes are made and that these are done in a timely manner.

• Excellent numeracy skills.
• High level of accuracy and excellent attention to detail.
• Works well under pressure.
• Strong problem-solving abilities.
• A relevant tertiary qualification including Accounting; Finance; Investments.
• Completed 3-year SAICA/SAIPA articles.
• Relevant experience in a similar role in financial services.