Private Markets/Fund Administrator (CA(SA)) (CPT) at Datafin Recruitment

ENVIRONMENT:

• MONITOR and provide oversight over outsourced Fund Accounting and related operational services as the next Private Markets/Fund Administrator wanted by a renowned Independent Asset Management Firm.
• Joining its Private Markets Operations Finance team, you’ll play an active role in redesigning key workflows to reduce manual inputs, embed automation, and build more intelligent, forward-looking operational processes.
• The ideal candidate must be CA(SA) qualified or have an equivalent professional qualification with 5–10 years’ experience within Asset Management, Private Markets or Fund Administration.
• You will also need strong hands-on experience with closed ended funds, structured finance products and complex distribution waterfalls and technical know-how around banking risk metrics and processes.

DUTIES:

Be responsible for the day-to-day operational management of the Private Market Funds including -

• Oversight of complex fund structures, including capital calls, drawdowns, distributions and cash movements across fund and note issuing vehicles, ensuring accurate application of distribution waterfalls and legal documentation.
• Monitoring investor commitments, capital balances, liquidity levels and minimum reserve requirements.
• Oversight of income, expense and hedging cash flows, including review of interest calculations, fees, principal repayments and counterparty payments.
• Working closely with various teams across the business to ensure smooth disbursement of funds to loan counterparties.
• Liaise with counterparties and facility agents on the calculation, allocation, invoicing and receipt of interest, fees and capital payments on unlisted debt instruments.
• Managing and resolving internal and external queries related to accounting, valuation, fund performance and investor requests.

Be responsible for the full quarterly and annual financial reporting process -

• Preparation and review of financial information for investor, noteholder and internal reporting.
• Review, challenge and sign off of quarterly NAV packs, financial statements and supporting schedules prepared by third party administrators.
• Ensure accurate reflection of complex capital structures, valuation methodologies, income recognition and provisioning.
• Partner closely with internal Investment, Product Development, Risk and Legal teams on fund operations, governance and new product initiatives.
• Build and managing external relationships with administrators, trustees, auditors, ratings agencies and investors.
• Contribute directly to the future-state design of operating infrastructure by integrating smart tools, structured data, and automation at the point of execution.

REQUIREMENTS:

• CA(SA) or equivalent professional qualification.
• 5 – 10 Years of experience within Asset Management, Private Markets or Fund Administration.
• Strong hands-on experience with closed ended funds, structured finance products and complex distribution waterfalls will be a distinct advantage.
• Technical knowledge relevant to the role, especially banking risk metrics and processes.

ATTRIBUTES:

• The ability to ‘approach and own’ and continuously look for opportunities to develop.
• Driven and intellectually curious, with a strong attention to detail.
• Comfortable in Agile, cross-functional environments where priorities shift and innovation is constant.
• Commercial, pragmatic, and solution-oriented with the judgment to balance risk and business delivery.
• Ability to analyse, interpret and assimilate information accurately.
• Able to build and maintain meaningful relationships.