Senior Fund Accountant - Fund Services

Senior Fund Accountant - Fund Services

Location : JTC Group, Cape Town, Western Cape, South Africa.

Employment Type : Permanent.

Department : Fund Services.

Division : Institutional Client Services.

Workplace Structure : Hybrid.

Role Overview

To collate, calculate, process, investigate and check fund information, including being a B signatory, to produce and sign off the Accounts / Net Asset Valuations (NAV) of the specific Funds / Entities within defined deadlines and regulatory requirements.

To produce financial statements and other financial related information for client entities accurately and on a timely basis, in accordance with the most relevant accounting standards and client driven requirements.

Main Responsibilities and Duties

• 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 resolution of any reconciling differences and no valuation errors occur.
• Monitor asset pricing and pricing sources for corporate actions to ensure securities are updated and valued correctly on InvestOne / Investran and no asset pricing errors occur within the Accounts / NAV.
• Perform and check expense and accrual calculations to ensure that they are reflected correctly in the Accounts / NAV.
• Prepare and produce an accurate NAV to ensure Checkers or Supervisor discover no errors on work reviewed resulting in the timely delivery of the Accounts / NAV.
• Proactively investigate queries with dealers, brokers, custodians, auditors and clients to ensure a timely resolution of all queries, and when applicable, communicate and elevate potential issues in a prompt and effective manner.
• Understand and implement company policies and procedures, client service level agreements and internal controls to ensure compliance thereof and prevent custodian and external audit findings.
• Prepare and send out all valuation e-mails to a pre‑defined distribution list to ensure all parties are timely informed of the valuation.
• Produce financial statements for portfolio of clients in accordance with the applicable financial standards, and ensure that the accounts are produced in accordance with regulatory deadlines and client agreed deadlines.
• Project‑manage the client audit process internally according to an agreed timetable to ensure all parties are delivering as agreed and the manager or supervisor is informed of any obstacles and / or delays.
• Attend pre- and post-audit meetings to ensure audit planning, comments and recommendations, as well as any post-audit adjustments to valuations are discussed.
• Prepare and complete all monthly / quarterly KPI spreadsheets and / or statutory returns to ensure specific funds regulatory requirements are fulfilled.
• 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.
• Prepare and complete all sundry administrative tasks, including (but not limited to) accurate and timely time recording and filing of Accounts / NAV within Viewpoint.
• Coach and supervise other Fund Accountants in the same team to ensure all procedures are adhered to and feedback can be provided to the Manager for yearly reviews.
• Prepare accurate payment instructions and provide to checker for authorisation in a timely manner.
• Check and authorise payments (as a B Signatory) to ensure the correct amounts are instructed.
• Check and approve valuations (as a B Signatory) to ensure all information and calculations have been correctly collated.

Essential Requirements

Seniority level

Mid‑Senior level

Job Function

Accounting / Auditing and Finance

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