Jobs at Apex Group

Description

• The primary responsibility for this position is to manage teams of Fund Accountants who will perform the accounting and administration of all South African priced funds including Unit Trusts, Priced Pooled, Priced Segregated as well as South African Hedge Funds.  
• The individual will be required to manage staff, assisting with issues coming out of the operations, review of staff work and ensure processes are followed and standards are adhered. This individual will also oversee projects aimed at improving the processes within Fund Accounting. 

Job specification

The Position will be expected to: 

• Deal with client queries and audit queries. 
• Ensuring the accurate calculation of Fund valuations, including NAV’s and accounting to TB; 
• Communicating and answering any queries on the Funds from the team; 
• Manage the output of the team according to the daily production schedule; 
• Perform valuation quality assurance valuation reviews and ensure consistent quality of output; 
• Document all processes, checklists  and controls within the team; 
• Monitor and manage the performance of the team as well as individual team members, including setting up KPI aligned to job description and development of staff.  
• Implementation of projects checks and controls to mitigate risk. 
• Management of staff in taking on new funds allocated. 
• Participate and lead training applicable for the team. 
• Monitoring and delegating to ensure that recons in fund accounting are clear.

Skills Required:

• An accounting qualification (minimum B.Com or equivalent) together with either 3 years accounting experience and at least 6 months Fund Accounting experience or; 
• 24 months plus Fund Accounting experience in asset management portfolio administration and pricing;  
• In addition, the individual should have experience with the various fund types either locally or internationally. 

IT and Systems Skills and Knowledge: 

• Advanced level experience in using Excel, InvestOne and other related systems. 
• Proven competence and an aptitude for working with systems. 

Skills and Abilities: 

• Detailed understanding of funds and fee structures. 
• Previous experience in supervising a team and conducting colleague reviews. 
• Previous experience in dealing with clients; 
• Previous experience in mentoring of junior and new staff; 
• Excellent communication skills (both written and verbal); 
• Confident, enthusiastic and self-motivated. 
• A track record of achievement. 

The ideal candidate will have the following competencies: 

• Ability. 
• analyse and solve problems; 
• supervise staff; 
• work as part of a team; 
• assist in process improvement; 
• develop & implement policies & procedures. 
• identify problems and delegate effectively. 
• monitor portfolio. 
• produce daily and weekly stats on recon items. 
• establish and manage relationships. 
• liaise with clients and system developers. 

Experience: 

• managing a team. 
• Knowledge. 
• basic investment product knowledge. 
• good understanding of Financial Markets, instruments and systems. 

What you will get in return:

• A genuinely unique opportunity to be part of an expanding large global business;
• Competitive remuneration commensurate with skills and experience.
• Training and development opportunities.

go to method of application »

Description

• This is an exciting opportunity for a Fund Administration Manager to work solely on Guernsey-domiciled funds and corporate clients, including London-listed investment companies and closed-ended unlisted funds holding positions in both private and listed equity, debt and infrastructure, as well as open-ended funds investing in liquid portfolios plus investment management companies and corporate clients.
• As a Fund Administration Manager, you will assist with the development and automation of system processes and implement procedural changes to enable the continued growth of our Fund Administration department, enhancing operating efficiencies and mitigating business risks and losses.

Job specification

Responsibilities include, but are not limited to performing and coordinating a variety of administrative duties and tasks including

Operations

• Ensure fund administration tasks are planned and executed accurately, on time and to a high quality,
• Review the time recording and billing to ensure accuracy,
• Monitor and actively follow up for the timely collection of apex fees,
• Ensure continuous evaluation of service performance to support SLA reporting to clients,
• Work closely with the senior team to achieve all service delivery objectives whether internal or external,
• Act as an authorized signatory,
• Work closely with the outsourcing responsible individual to ensure center of excellence oversight including feeding into client specific outsourcings reviews.

Technical

• A sound knowledge of fund administration both operationally and from a regulatory perspective with an ability to apply the relevant regulations and rules associated with Apex’s business activities,
• Understand and execute delegated elements of the client onboarding process,
• Maintain quality control of processes and meet deadlines,
• Assist with ensuring all client requests are responded to or delegated to the relevant team in a timely fashion.

Skills Required:

• Have at least 5 years working with a financial institution,
• Have an understanding of fund structures and the fund administration business,
• Strong leadership skills and the ability to mentor and coach team,
• Ability to work in a demanding environment and adapt to changing priorities,
• Think creatively and deliver pragmatic solutions,
• Possess personal qualities of integrity, good communication and discretion,
• A confident manner and the ability to communicate with clients effectively,
• Strong IT skills,
• General knowledge of banking systems,
• Target vocational qualifications – ACCA, ACA, ICSA or similar.

What you will get in return:

• A genuinely unique opportunity to be part of an expanding large global business;
• Competitive remuneration commensurate with skills and experience;
• Training and development opportunities