Institutional Fund Accountant - Westlake at Prescient Holdings (Pty) Ltd

PURPOSE OF THE ROLE

• To perform an end-to-end fund accounting role as part of the Segregated Fund Accounting team. This role has a strong client reporting focus with a specific focus on segregated mandates.

DUTIES AND RESPONSIBILITIES

•  Processing and setting up of audit, trustee, custody and management fees.
•  Ensuring Variation Margin is processed correctly and matches the Clearing House Statement daily.
•  Ensure capturing / processing of all 3rd Party duplication trades to the accounting system timeously and accurately (ensure they match the third-party valuation reports)
•  Pricing of funds and ensuring the valuation of financial instruments are in line with the funds’ performance e.g., equities, bonds, and derivatives.
•  Understand tolerance level checking against a benchmark and are familiar with what is deemed as an unacceptable asset and NAV fund price variance.
•  Responsible for running, checking, and sending of client reports daily and monthly.
•  Handling queries efficiently to ensure resolution of both internal and external client queries (in conjunction with the Client Delivery team)
•  Ensure appropriate controls are in place to mitigate risk.
•  Supporting the management and co-ordination of team deliverables relating to projects and new client take-on’s.
•  Performing daily cash and scrip reconciliations, along with the ability to understand the cause of breaks in order to resolve.
•  Ability to work both from the office and home on a set weekly schedule.
•  Standard working hours applicable to this role.

REQUIRED EXPERIENCE

• Minimum of 2-3 years’ experience in a similar segregated Fund Accounting role is essential, along with a solid understanding
• of asset management operations.

REQUIRED QUALIFICATIONS AND SYSTEM EXPOSURE

•  Relevant Tertiary Qualification (BCom Accounting, Finance, Investments)
•  Knowledge of relevant Investment administration systems
•  Strong Excel skills required

KEY COMPETENCIES

•  Self-starter
•  Highly methodical with strong interest in portfolio administration
•  Ability to work under limited supervision
•  Team Player
•  Positive and enthusiastic attitude
•  Accuracy and attention to detail
•  Client orientated and able to see the bigger picture