Manager -CIS Hedge at Apex Group

Description

• This is an exciting opportunity for a Manager – SA Hedge Fund Accounting

Job specification 

Fund Accounting: 

• Show thoughtful leadership in the practices and processes of accounting for SA Hedge Funds investments
• Demonstrate a deep understanding of fund valuations for Local Hedge open-ended investment funds.
• Motivate staff and identify training and development needs.
• Ensure accurate calculation of fund valuations through oversight reviews of cash and scrip reconciliations, expense accruals and reporting.
• Ensure inaccuracies in fund valuations and NAV errors are identified, administered internally and communicated to clients and appropriately remediated.
• Perform valuation quality assurance reviews on a regular basis to ensure consistent quality of product output between teams.
• Ensure fund valuations are administered in line with fund legal documentation, administrator policies and proper accounting principles.

Operational Management: 

• Setting up and maintaining a production schedule that provides for all Hedge Fund Accounting teams fund valuation deliverables of SA Hedge Fund Accounting teams to SLAs and client expectations to ensure timely and accurate NAV calculations are delivered and client queries addressed.
• Actively manage issues and risks to resolution for all escalated matters in SA Hedge Fund Accounting team in a timely and efficient manager, keeping the Senior Manager – SA Hedge Fund Accounting informed at all times.
• Co-coordinate and review all processes, checklists and controls pertaining to SA Hedge Fund Accounting teams to ensure accuracy and completeness of processes and controls followed.
• Review operational processes periodically to ensure a smooth operation, adherence to quality standards and to identify process gaps and documentation requiring updates.
• Engage with senior specialists to identify, design and implement process efficiencies through automation of processes.
• Coordinate performance management of each team member, that includes setting up KPIs that aligns with job descriptions, focus on staff development and provide performance feedback.
• Participate and lead training to teams with the assistance of senior specialists (where needed) to allow knowledge share within the teams.
• Meet with other jurisdictions oversight managers monthly to discuss operational open items and client satisfaction feedback where operating model includes delegation of services to the South African office.
• Provide mentorship and motivation to staff to drive a high-performance output from teams.

Relationship Management:

• Review SLA to ensure terms of agreements are adhered to with external and internal clients.
• Establish and maintain key relationships, particularly with internal counterparts in other functional units, across offices in the same and in other jurisdictions.
• Establish and maintain strong relationships with external clients to ensure good client satisfaction levels are maintained.
• Drive and coordinate high-performance from the teams and collaborate with other operational team managers to enable effective delivery and resolution of all matters.
• Hold team leaders accountable for delivery and results.

Risk Management:

• Ensuring that appropriate operational controls are in place to mitigate risk.
• Log and review incidents to ensure appropriate corrective actions are recorded and implemented to mitigate risk from reoccurring.
• Drive continuous improvement projects in your area with assistance from allocated senior specialists.
• Assess opportunities for improved efficiencies and reduced overhead in existing processes, including new technologies and tools.
• Assess implications of operational controls within the domain on the ISAE 3402.

Project management:

• Manage delivery of all inputs required from SA Hedge fund accounting team as part of client onboarding and implementation process to ensure a smooth go-live transition.
• Manage allocation of appropriate resources to support client-implementation and go-live transition.
• Implement checks and controls with assistance of senior specialist after operational take-on of new clients to mitigate risk.
• Provide management assistance on business related projects that can include but are not limited to system migrations, client take-on’s, process improvements as well as the integration of business processes between offices.

Skills Required:

• Bachelor’s degree in accounting/finance required
• 4 Years Experience in SA Hedge Fund Accounting Specification.docx