Senior Specialist Fund Accounting TFS at Maitland

Summary of the position

The role of the Senior Specialist – Institutional Client Accounting (Traditional Fund Accounting) will be expected to assist the Fund Accounting division responsible for all South African priced funds including Unit Trusts, Priced Pooled, Priced Segregated as well as South African Hedge Funds in terms of business processes and applications. The individual will be required to assist with issues coming out of the operations, review of processes and improvement thereof. This individual will also be required to be responsible for projects aimed at improving the processes within Fund Accounting.

Outline of main duties and responsibilities

The Position Will Be Expected To

• Improve Fund Accounting’s daily and monthly processes and update process documents accordingly;
• Assist with bespoke processes and the standardisation of Fund Accounting processes to enable automation of processing volumes for all SA priced funds;
• Provide solutions for Fund Accounting’s corrective actions to be implemented across the teams;
• Be primary liaison with ICT regarding applications used by Fund Accounting and development requirements;
• Management of project delivery including end to end testing and implementation within Fund Accounting;
• Participate and lead training applicable for the team.
• Perform NAV finalisation process and Team Leader oversight as and when required;
• Provide solutions for complex client requirements including client engagement, investigation and testing;
• Own the NAV re-price process as and when required including the calculation of the BPS impact analysis.
• Assist in aligning and re-designing South African Hedge Fund pricing, processes and reporting to new CISCA regulations.

Skills And Experience Required

• An accounting qualification (minimum B.Com or equivalent) together with either 5 years Fund Accounting experience;
• 5 years plus Fund Accounting experience in asset management portfolio administration and pricing;
• In addition, the individual should have experience with the various fund types either locally or internationally.
• In depth knowledge of both CISCA and Hedge Fund accounting will be an advantage.

IT And Systems Skills And Knowledge

• Advanced level experience in using Excel, InvestOne, Decalog and other related systems;
• Proven competence and an aptitude for working with systems.

Skills And Abilities

• Detailed understanding of funds and fee structures;
• Previous experience in dealing with clients;
• Previous experience in mentoring of junior and new staff;
• Excellent communication skills (both written and verbal);
• Confident, enthusiastic and self-motivated;
• A track record of achievement.

The Ideal Candidate Will Have The Following Competencies

• Ability to analyse and solve problems;
• work as part of a team;
• assist in process improvement;
• develop & implement policies & procedures;
• identify problems and delegate effectively;
• establish and manage relationships;
• liaise with clients and system developers;

Experience

• CICSA knowledge and experience pricing Unit Trusts;
• Hedge Fund experience an advantage;
• basic investment product knowledge;
• good understanding of Financial Markets, instruments and systems.

Reporting structure

The Senior Specialist – Fund Accounting (Traditional Fund Accounting) will report to the Manager – Priced Fund Accounting (Traditional Funds).