Senior Fund Accountant – UK Fund Reporting (SA) needed at Apex Group

Description

• The role of the Senior Fund Accountant – UK Fund Accounting will be to perform and provide assurance on offshore fund valuations as produced by the Offshore Fund Accounting Team. The main responsibilities of the role include the management, administration and accounting for offshore portfolios as calculated under the Global Fund Valuations & Accounting Team. The role will require of the individual to administer the funds efficiently, accurately in line with daily/weekly/monthly service level agreement deadlines following verification of third party provided information. The role will necessitate quality standards to be adhered to and will require of the individual to provide ad-hoc supervisory fund valuation review to support the Team Leader – Offshore Fund Accounting as and when needed. The role is also required to ensure that fund valuation checklists are followed and that operational processes followed by junior staff meets quality standards.

Job specification

• Ensure accurate calculations of fund valuations and accounting to Trial Balance; 
• Collate and verify information obtained from third parties;
• Communicate and respond to queries originating from internal Fund Services operational teams and/or external from clients, assist team leader/s and managers in resolving offshore fund accounting queries;
• Communicate and respond to Fund-related queries originating from different Fund Services SA operational teams; 
• Ensure material NAV errors are identified, escalated to Team Leader and appropriately remediated via NAV re-price process; 
• Perform review checks within the team (in the absence of the team leader); 
• Document and continuously update operational processes, ensure fund valuation checklists are followed and implement controls to reduce valuation error risks; 
• Manage Cherwell’s logged to the Offshore Fund accounting team, and resolve open items; 
• Play a key role as part of project implementation of new funds to facilitate a smooth operational handover and monitor daily operational controls and checks to mitigate risk;
• Ensure fund structures and client groups utilized are optimal for new Fund take-ons; and Serve as a key point of contact on fund valuation queries/dependencies channeled between Offshore Fund Accounting & various other Fund Services operational teams.
• Ensure Fund Accounting related queries from the Chelmsford team are investigated and resolved timeously as requested.

Skills Required:

• A BCom or similar, accounting, economics or investments background is preferred; 
• The relevant experience includes at least 24 months experience in asset management portfolio administration and pricing of offshore funds;
• Proven competence and an aptitude for working with systems and its integration; 
• Knowledge and experience with the use of InvestOne, NX Manager & Xceptor is an advantage; 
• Computer literate with an excellent working knowledge of MS office & IT packages (particularly Excel); 
• A strong all-round understanding and proven track record of experience in fund accounting, the trade life cycle as part of back office administration;
• Experience with offshore investment products (various fund types including Unit Trusts, Multi-Manager, Segregated Portfolios, ETF’s, Pooled products) will be an advantage; and Detailed understanding of funds and fee structures.