Manager Fund Services - Cape Town

Job Profile
Manage the overall service delivery of the allocated Funds accounting team
Valuations are performed completely, accurately, and within the required client deadlines
All client queries are responded to and resolved to the satisfaction of the client within a reasonable timeframe
Compliance checks and reporting are completed accurately and within the set deadlines.
Adherence to all agreed controls, policies, and procedures
Accurate and timeously correspondence with shareholders of underlying funds, including capital call and distribution notices
Accurate and timeously payment of expenses
Execution of investments in accordance with investment documentation
Responsible for producing financial statements for all allocated clients in accordance with the most relevant accounting and regulatory standards and client-driven requirements
Responsible for facilitating the audit process for all clients  Responsible for managing the team resources
Allocating tasks and monitoring client service levels for reporting purposes
Plan and monitor resources and resource capacity within an allocated team to ensure that all deliveries are maintained and service levels upheld
Organise and hold regular meetings with your allocated team 
Participate in business improvements across processes, controls, and systems to ensure they are effectively implemented within the allocated ops team
Monitoring, initiating and participating in any risk reduction/efficiency gaining projects impacting the operational team
Project manage where required for the take-on/launch of all-new funds/clients allocated to ensure operationally the team is ready
Investigate, report, and implement the required corrective and/or preventative action for all operational errors and incidents 
Check and authorise payments (as an A Signatory) to ensure the payment has been correctly prepared
Check and approve valuations (as an A Signatory) to ensure all the required information has been captured and processed correctly
Supervise others to ensure the accuracy, completeness, and timeliness of the team in executing deliverables
Reviewing and ensuring all documentation is in place for investment purchases and sales/distributions
Reviewing investment transactions and setting up and capturing investment transactions on Investran
Monitoring of distributions/sales proceeds receivable and capturing of these on Investran
Reviewing of accurate (pre-fair market value and post fair market value) management accounts (including capital statements for investors)
Review (and perform) complex carried interest and waterfall calculations of a variety of Private Equity structures
Review of accurate expense and accrual calculations, including management and admin fee calculation
Investigating and answering queries with auditors, clients, and any other relevant service provider
Ensuring compliance with company policy and procedures; client service level agreements and internal controls
Review of call, distribution, and NAV notices and disseminate to a pre-defined distribution list
Manager may also be required to perform the above-mentioned activities
Coach and supervise other team members (including training and coordinating the training of new team members) to ensure the team functions as a cohesive unit
Actively participate in ensuring all processes and procedures are properly documented and adhered to, to ensure no accounting errors occur and the team has latency in place
Query and issue resolution within the team (whether it’s Investran or system issues, or client or custodian issues) to ensure no queries or issues result in an error, breach, or client dissatisfaction
Investigate errors, complete the required error reporting process and implement the required remedial action in order to ensure the error is not repeated
Actively and continually identify and report high-risk areas and gaps in processes to ensure the identification and escalation of risks and gaps
Participate actively in projects, specifically risk reduction and efficiency gain projects to ensure successful implementation and completion

Minimum Requirements
Relevant tertiary qualification, preferably including Accounting; Finance; Investments
CA (SA), ACCA or equivalent
Minimum of 5 investment fund administration or related experience
Good accounting and investment product knowledge
Exposure/experience in checking and supervising the work of other team members
Excellent numeracy skills and attention to detail
Exposure
Experience in dealing and interacting with clients
Good technical knowledge of accounting standards (IFRS/UK GAAP/US GAAP & Other)
Maintaining client relationships
Responsiveness to client needs
Keeping clients informed
Supporting client needs
Product awareness
Risk awareness
Professional delivery
Solutions driven
Strategic awareness
Problem-solving


Kindly note that by submitting your application for this career opportunity you agree that Guardian Recruiting may use your application for the purpose of the recruitment and selection of the said position and this information may be shared with the relevant stakeholders in the business.

Please note that only shortlisted candidates will be contacted.
Should you not have heard back within a two-week period, please assume that your application was unsuccessful.

All job postings are in accordance with our Client's BEE requirements.