Fund Accountant - Cape Town

SUMMARY:
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POSITION INFO:

About Us:
 A leading African mezzanine fund manager, providing capital to successful companies across the continent. We pride ourselves on financial excellence, strategic impact, and empowering sustainable growth. We're seeking a Fund Accountant to join our dynamic finance team and play a key role in supporting our fund and related entities.

Key Responsibilities

1. Financial Reporting

• Assist in the preparation of Annual Financial Statements (AFS) for the fund and related entities

• Ensure accuracy and compliance with relevant accounting policies and standards

• Provide updates on accounting policies and note disclosures during AFS preparation

2. Accounting & Financial Systems

• Contribute to the enhancement of financial reporting tools and outputs

• Prepare VAT and Income Tax calculations and returns

• Post general journals and process transactions using Pastel Accounting

• Download and review Trial Balances, Ledgers, and other reports from the system

• Process and review payment transactions

3. Fund Accounting

• Prepare and distribute monthly/quarterly fund performance reports

• Compile monthly investment statements

• Draft and circulate payment notices to stakeholders

• Prepare SARB (South African Reserve Bank) reports

• Coordinate audit confirmations for fund investors and administrators

• Record cashbook entries and general journals for fund entities

• Generate inter-company invoices between funds and managers

• Load payments to fund managers and investors

4. Year-End Process & Budgeting

• Coordinate year-end activities to ensure timely delivery of audit-ready information

• Prepare reconciliations and supporting schedules for audit submission

• Respond to audit queries and support the external audit process

• Contribute to the preparation of group consolidated AFS

• Deliver accurate trial balances for fund entities

• Assist in compiling annual budgets, including management fee inputs

5. Ad-Hoc Support

• Provide general support to the finance department as needed

• Participate in finance projects and initiatives that enhance efficiency and compliance

Requirements & Qualifications

• Bachelor's Degree or Diploma in Accounting or Finance (or equivalent)

• Minimum 2–4 years of relevant accounting experience, preferably in fund management or investment finance

• Proficient in Pastel Accounting and Microsoft Excel

• Solid understanding of tax, VAT, and financial reporting standards

• Detail-oriented with strong analytical and problem-solving skills

• Excellent time management, communication, and teamwork abilities