Jobs Available at Curo Funds Service

Key Responsibilities

NAV Calculation:

• Oversee the accurate calculation of daily, weekly, and monthly Net Asset Values (NAVs) for unit trading and multi-manager investment funds.
• Ensure all fund accounting processes are completed in accordance with established procedures and deadlines.
• Verify and reconcile fund holdings, cash balances, and other financial data.
• Identification and escalation of control gaps in a timely manner.
• Identification and escalation of operational issues and ownership of daily health check processes.

Fund Accounting:

• Maintain and update the general ledger for assigned pooled funds.
• Record and monitor all income, expenses, and capital transactions.
• Prepare and review financial statements and reports for funds.
• Ensure the integrity and accuracy of all financial data.

Reconciliation and Reporting:

• Execution of relevant reconciliations between different systems to ensure accuracy of information.
• Perform regular reconciliations of fund holdings, cash accounts, and other financial data.
• Prepare and distribute accurate and timely financial reports to stakeholders.
• Collaborate with the client reporting team to ensure consistency and accuracy of reported data.
• Support management in responding to internal organizational requests for collation and trend analysis of KPI’s for the function.

Compliance and Regulatory:

• Ensure compliance with relevant regulations (e.g., SEC, AIFMD) and industry standards.
• Liaise with auditors and regulatory bodies, providing necessary documentation and support.
• Monitor changes in regulations and implement necessary adjustments to fund accounting processes.
• Facilitating the yearly audit process of clients by submitting Annual Financial Statements for review and dealing with audit queries.

Process Improvement:

• Identify opportunities to enhance the efficiency and accuracy of fund accounting processes.
• Implement best practices and leverage technology to improve workflows.
• Develop and maintain accounting procedures and documentation.

Stakeholder Collaboration:

• Foster existing business relationships to ensure effective and efficient delivery, working with compliance, and operations teams to gather necessary data and insights.
• Collaborate with external service providers, such as custodians and transfer agents, to resolve discrepancies.
• Participate in client meetings and presentations as required.
• Support junior fund accountants through sharing experience, training, and informal mentorship.
• and ensure team members meet their objectives and deadlines.

Ad-Hoc Tasks:

• Perform ad-hoc accounting and reporting tasks as requested by clients or senior management.
• Ensure ad-hoc requests are handled efficiently and accurately

Qualifications & Experience

• Bachelor’s degree in accounting, finance, or a related field
• A minimum of 3 - 4 year’s related experience
• Proficiency in Microsoft Office Suite, especially Excel
• Experience with accounting software is a plus.
• Good knowledge and understanding of the Financial Markets and Financial instruments

go to method of application »

Key Responsibilities

Fund Administration

• Oversee and review all transactions across Unit Trusts and Unitised traded instruments to ensure accuracy and compliance.
• Execute confirmation and settlement instructions for all trades, ensuring accuracy and timely processing.
• Conduct reconciliations related to valuations, cash, units, and confirmations to maintain data integrity.
• Address and resolve client queries efficiently, ensuring a high standard of service and responsiveness.
• Assist the manager in monitoring daily tasks to ensure completeness and accuracy of processes.
• Generate and analyse MIS reports related to trade volumes, key controls, and process/system performance to identify and mitigate risks.
• Maintain and support trade processes throughout the trade lifecycle, ensuring proper execution and record-keeping.

Reporting and Analysis

• Assist the team manager in the escalation, drafting, and review of incident reports, ensuring timely and accurate documentation of issues when required.
• Support audit and regulatory reporting processes, ensuring all documentation is accurate, complete, and in compliance with industry regulations. 

Compliance and Regulatory

• Ensure all deadlines are met and escalate any issues promptly and appropriately to minimise risks and operational disruptions.
• Ensure adherence to relevant regulations and industry standards, maintaining compliance across all processes and reporting requirements.
• Oversee the ongoing development and updating of procedures, ensuring best practices are maintained.

Stakeholder collaboration

• Act as the main point of contact for clients, fund managers, and custodians regarding off-market transactions. 
• Work closely with internal teams, including risk, compliance, and legal, to mitigate operational risks.

Ad-Hoc Tasks

• Perform ad-hoc accounting and reporting tasks as requested by clients or management.
• Ensure ad-hoc requests are handled efficiently and accurately.
• Identify and drive process improvement initiatives to meet the demands of a developing product set, client base and trading growth.

Education & Experience:

• Bachelor’s degree in Accounting, Finance, Economics, or related field.
• 3+ years experience in financial services (investment management) industry
• Diploma or course in SA Financial Market Instruments will be an advantage
• Previous trade cycle experience in Unit Trusts and the Unitised trading process would be advantageous.
• Good knowledge and understanding of the Financial Markets and Financial instruments.
• Proficient in Microsoft Suite, particularly Excel.