Fund Accountant

Do you have 2 to 5 years’ experience in a Fund Accounting role in the Collective Investment Schemes space? We have an opportunity for a Fund Accountant to join a team within an industry leader!

Duties of the role:

  • 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, ie 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

The ideal candidate will have:

  • Relevant experience of at least 2-5 years Unit Trust Fund Accounting/Pricing experience – essential
  • Relevant exposure to Investment reporting systems
  • Strong Excel skills
  • Have a tertiary qualification


Fund Accountant

Our client, a UK and Cape Town based group of skilled finance professionals working in the growth and asset-based lending and accounts receivable space, is looking to hire a Fund Accountant.

The role will cover all aspects of fund accounting, including income and bank reconciliations, proactive cash forecasting, investor yields and drawdowns, compliance oversight and assisting with investor and statutory reporting.

The company is undergoing an expansion and this role will play a key part in ensuring that deals are funded, tracked and reported properly.

The ideal candidate will be self-motivated and a keen learner.  In addition, educated to degree level with at least one role on your CV. You will be productive from day one but on the job training will also be provided.