The successful applicant’s primary responsibility will be to perform the accounting functions and the related reporting deliverables of our PERE clients in line with the relevant service level agreements.
Job specification
Responsible for the timely delivery of all investor communication and reporting, in line with the agreed SLA’s and fund documentation
Respond to and resolve investor queries, with the assistance of the team leader where needed
Manage / facilitate investor transactions, such as capital calls and distributions
Perform the accounting for investor related transactions
Obtain an in-depth understanding of the client’s fund documentation and requirements
Assist with fund payments
Perform the primary fund accounting functions for a portfolio of allocated funds. This includes, but is not limited to:
Cash book processing & preparation of bank reconciliations
Accounting for standard monthly/quarterly expense and income related journals in line with supporting documentation
Calculation of performance fees, carried interest and equalization as required by fund documentation
Collation and verification of information from 3rd parties
Accounting for investment transactions, including but not limited to:
Review of investment documentation and providing accounting guidance (where applicable)
Loading deal static data onto the system
Calculation of investment IRR
Review investment valuations
Accounting for investment related transactions
Timely calculation and delivery of the fund NAV
Take responsibility for the preparation and timely delivery of the agreed reporting pack for a portfolio of clients, within agreed timeframes together with any supporting schedules
Preparation of the annual financial statements, and any other required reports, in line with IFRS, Lux GAAP or other accounting standards as applicable
Preparation of the annual audit file for the auditors
Take responsibility for managing the audit process on behalf of a portfolio of allocated clients, including, but not limited to:
Setting up the audit timeline together with the auditors, other team members, the client and other stakeholders
Facilitating any internal communication and collaboration between Apex departments / jurisdictions
Resolving any audit queries
Perform, regular client operational calls for an allocated portfolio of clients and provide client feedback to management and the rest of the team
Liaise and build relationships with other relevant internal teams to ensure a seamless delivery of services to our clients
Assistance with any other regulatory/internal reporting requirements
Any other ad hoc tasks as required
Skills Required:
An accounting qualification (minimum B.Com / Com Accounting or equivalent) or the candidate is working towards his/her qualification
Preference will be given to candidates working towards a professional qualification such as CA(SA), ACCA or CIMA.
2 years relevant accounting experience in a similar industry or business type, preference will be given to staff with private equity or real estate experience
An understanding of funds and fund structures will be an advantage;
Experience in all aspects of multi-currency accounting; and
Excellent computer skills, and in particular a good knowledge of:
Microsoft Office (2010) including Excel, Word, and Outlook email;
Experience with Investran will be advantageous.
Highly organised, efficient and professional with excellent administrative and organisational skills;
Have a confident , professional and an enthusiastic approach when dealing with clients and intermediaries of the business;
Inquisitive mind set and innovative;
Be able to communicate clearly with staff and senior management; and
Work collaboratively and effectively within the PERE team as well as other departments within Apex.
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