3 weeks ago
Job title : Senior Fund Accountant NAV Pooled
Job Location : Western Cape,
Deadline : November 04, 2024
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NAV Calculation and Review:
- Perform daily, weekly, and monthly NAV calculations for pooled funds, ensuring accuracy and adherence to accounting standards and regulations.
- Review and validate all fund transactions, including security trades, income accruals, corporate actions, and expense allocations, to ensure they are reflected accurately in the NAV.
- Reconcile cash, positions, and market values to external sources and resolve discrepancies promptly.
- Execution of relevant reconciliations between different systems to ensure accuracy of information.
- Identification and escalation of control gaps in a timely manner.
- Identification and escalation of operational issues and ownership of daily health check processes.
- Support management in ensuring day to day adherence to standard operating procedures & controls.
- Support management in the change process.
- Support management in responding to internal organizational requests for collation and trend analysis of KPI’s for the function.
Pooled Fund Oversight:
- Monitor pooled fund structures, ensuring proper accounting treatment and compliance with investment mandates.
- Review and process subscriptions, redemptions, and distributions for pooled funds.
- Coordinate with portfolio managers, custodians, and transfer agents to facilitate smooth fund operations and address issues promptly.
Audit and Compliance Support:
- Assist with internal and external audits by providing necessary documentation and support to auditors.
- Ensure that all NAV calculations and financial reports adhere to regulatory requirements and company policies.
- Maintain up-to-date knowledge of industry regulations and best practices in fund accounting and NAV calculation.
Team Support:
- Taking ownership of day-to-day functions within the team.
- Ensure the rotation of tasks/functions within the team.
- Mentor junior team members and foster a collaborative team environment.
Stakeholder Engagement:
- Foster existing business relationships to ensure effective and efficient delivery.
- Liaise with internal teams to address inquiries and ensure smooth fund operations.
- Prepare and present NAV reports, performance data, and variance analyses to senior management and stakeholders where required.
Process Improvement and Efficiency:
- Identify areas for process enhancement within the NAV Pooled Team and participate in implementing efficiency improvements.
- Collaborate with IT and operations teams to automate and streamline NAV calculation processes.
- Develop and ensure standard operating procedures (SOPs) are updated for NAV production and review.
Requirements
Skills Required:
- Accounting or business/industry related qualification
- Preferably have relevant experience in the pooled/life environment (2 years)
- Clear communicator (verbal & written)
- Focused individual who is able to execute effectively and timely
- Individual should be able to work outside of the normal core business hours (potential evening deadlines till 21:00)
Competencies:
- Analytical Skills: Ability to analyse complex financial data and derive meaningful insights.
- Attention to Detail: Ensures the highest level of accuracy and quality in accounting and reporting.
- Time Management: Effectively manages time and prioritizes tasks to meet deadlines.
- Technical Proficiency: Demonstrates proficiency with software and platforms, strong understanding of investment products, fund structures, and accounting principles.
- Adaptability: Demonstrates flexibility in handling changing requirements.
- Effective Communication Skills: The ability to communicate clearly and concisely to the level of audience.
- Client Focus: Prioritizes client needs and ensures high levels of client satisfaction.
- Leadership and Influence: Demonstrates the ability to lead, motivate and drive a team.
Qualifications & Experience
- Bachelor’s degree in Finance, Accounting, Business, Economics, or a related field.
- Minimum of 2 years experience in a related role within the investment industry.
- Proficient in MS office.
- Good knowledge and understanding of the Financial Markets and Financial instruments.
How to Apply for this Offer
Interested and Qualified candidates should Click here to Apply Now
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