Overview
Fund Accountant: Collective Investment Schemes; Prescient Fund Services Jobs in Cape Town, South Africa at Prescient Limited
Position: Fund Accountant: Collective Investment Schemes (Prescient Fund Services)
Fund Accountant:
Collective Investment Schemes (Prescient Fund Services)
To perform an end-to-end fund accounting role as part of the Collective Investment Schemes Fund Accounting team. This role has a strong client reporting focus. Daily Pricing experience, essential.
DUTIES & RESPONSIBILITIES
- Processing and setting up of audit, trustee, custody, and management fees.
- Ensuring Variation Margin is processed correctly and matches the Clearing House Statement daily.
- Ensure capturing / processing of all 3rd Party duplication trades to the accounting system timeously and accurately (ensure they match the third-party valuation reports).
- Ability to manage client cash flows (subscriptions and redemptions) and ensure units in issue reconcile to Transfer Agency.
- Pricing of funds within the Collective Investment Scheme, i.e. Daily unitisation and ensuring the valuation of financial instruments are in line with the funds’ performance e.g. equities, bonds, and derivatives.
- Understand how total fund performance is calculated and impacted with each entry captured.
- Monitor and perform income distribution calculations for each fund class.
- Understand tolerance level checking against a benchmark and are familiar with what is deemed as an unacceptable asset and NAV fund price variance.
- Responsible for running, checking and sending of client reports daily and monthly.
- Handling queries efficiently to ensure resolution of both internal and external client queries (in conjunction with the Client Delivery team).
- Ensure appropriate controls are in place to mitigate risk.
- Supporting the management and co-ordination of team deliverables relating to projects and new client take-on’s.
REQUIRED EXPERIENCE
- Relevant Fund Accounting (Collective Investment Schemes) experience of at least 2-5 years is essential.
- Relevant exposure to Investment reporting systems.
REQUIRED QUALIFICATIONS
Relevant Tertiary Qualification(s) required (BCom Finance / Accounting / Investments).
KEY COMPETENCIES
- Self-starter who is willing to take on responsibility for a wide array of tasks.
- Ability to work under limited supervision.
- Accuracy and attention to detail.
- Client orientated and able to see the bigger picture.
WHY THIS ROLE?
This is your opportunity to join a market leading Fund Operations business and lead a talented team of highly motivated Fund Accountants geared for growth. You will be joining an entrepreneurial and nimble environment where ideas and solutions to obstacles are always encouraged.
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Title: Fund Accountant: Collective Investment Schemes; Prescient Fund Services
Company: Prescient Limited
Location: Cape Town, South Africa
Category:
