Capital Market and Fund Accountant at TMF Group

About the role

• To manage the client relationship and delivery of service to a portfolio of clients, ensuring the delivery of all client work across the portfolio of clients in a timely manner and to a high standard in accordance with Regulations. Develop opportunities within existing client portfolio and assist with continuous improvement.

Key Responsibilities 

• Onboarding new capital markets and fund clients, unpack and define new client delivery, participate in the implementation of fund structures onto the accounting system

Capture information in accounting system for Capital Markets clients. Including the following:

• Banking and cashbook maintenance
• Debtor and creditors maintenance and reconciliations
• General ledger maintenance through adjusting journals
• Processing transactions in the fund accounting system for complex and non-complex funds: asset deals, security pricing, foreign exchange spot and forward rates calculations as well as calculation of the fees, cash, and securities reconciliation.
• Calculation and production of accurate NAVs of the various alternative investment funds (private equity, real estate, debt, other alternatives).
• Review of basic tasks (payment instructions, regulatory reporting) for non-complex funds.
• Analyse and perform waterfall reporting
• Preparation, review and presenting of monthly and quarterly management reports
• Review, test and reconcile the work and data received from third parties
• VAT return review and submission
• Preparation and review of financial statements
• Liaising with auditors and facilitating annual statutory audits
• Populating and submitting corporate tax returns
• Assist with the co-ordination of monthly and annual trackers
• Other ad-hoc duties related to Fund Administration and corporate secretarial tasks
• Perform any other reasonable assignment requested by management
• Personal utilization of 90% - whereby 90% of hours are aligned to client work and service
• Supervise, build and develop relationships with clients and advisors/auditors as appropriate as assigned within the portfolio, building a first-rate professional relationship with assigned clients acting as a principal point of contact
• Day to day supervision client relationship management of a portfolio of clients
• Ensure the delivery of services in accordance with each client engagement letter
• Attend client meetings, as required
• Share relevant information and updates to clients
• Oversee completion of know your client procedures for all clients

Key Requirements 

• 3-5 years’ experience working in a capital market or fund type of environment
• Graduate in a relevant financial/commercial qualification, e.g., BCom Accounting
• Post Graduate qualification preferred
• Good knowledge of IFRS, especially IFR9
• 3+ years full function bookkeeping, e-filing, or other tax submission software, experience
• Working knowledge of MS Word, PowerPoint, Excel and Outlook
• Experience with bookkeeping systems and reporting software. Pastel accounting knowledge will be advantages.
• Excellent English written and verbal communication skills.
• Other characteristics: accurate, self-motivated and able to work both independently and as part of a team