Latest Jobs at Allan Gray Proprietary Limited

Job Description

• The candidate will be responsible for performing the day-to-day operational processes for various investment accounting, corporate actions, data management and market data activities.
• The candidate will work in Institutional Fund Operations, working closely with the other operational departments (NAV Pricing, Performance, Portfolio Administration) as well as Tax, Institutional Client Services, Legal & Compliance, IT, and Trading.

Responsibilities
Specific responsibilities include, but are not limited to:
Market Data

• Ensuring that the daily instrument valuation/pricing and exchange rate processes run accurately and timeously.
• Ensuring that instrument price files are received from all local and foreign sources (exchange and vendor data).
• Liaising with data vendors (e.g., JSE/Bloomberg) on data quality and other queries (eg. valuation).
• The setting up of system parameters in Markit (MDS) for certain instruments as and when they are created by the front office team.
• Collaboration with the relevant IT domain teams to maintain, develop and enhance the market data infrastructure to keep systems up-to-date and efficient.
• Monitoring the end-of-day price reconciliation process and investigating any identified price/valuation discrepancies.
• Managing and maintaining data contracts and vendor relationships.
• Managing the benchmark data processes, including:  Creation of benchmarks as required by the Performance team.
• Sourcing and scrubbing of daily and monthly benchmark data files.
• Managing validation exceptions of benchmark data when required.
• Maintenance of benchmark static data.

Institutional Data Management 

• Creation of instruments as required by the front or middle office teams.
• Portfolio creation and classifications.
• Maintenance of instrument static data for upstream and downstream usage. 
• Reconciling static data to market sources to ensure accuracy and consistency in data across all internal systems.
• Investigation of instrument data inconsistencies and validation errors. 
• Monitor the BOD (beginning of day) processes.
• Monitoring of communications from data vendor regarding any changes that may affect the fund pricing process and informing other business teams where necessary (eg.Corporate Actions, Trading, Fund Accounting).
• Daily monitoring and updating of instrument classifications used for reporting.

Manager Performance

• Maintain manager system and enhance processes (Cash resets, asset transfer transactions that affect manager performance and holdings) 

Corporate Actions and Proxy Voting

• Capture and verify regular and complex corporate events timeously.
• Facilitate testing and analysis of complex events before processing.
• Send corporate action election requests to portfolio managers timeously.
• Send accurate instructions and elections to custodians before applicable deadlines.
• Process dividend, holdings and fractional payment adjustments.
• Facilitate and process tax reclaims for clients accurately.
• Capture and verify distributions monthly and quarterly.
• Manage the proxy voting process end to end.
• Keep track of the mailbox for event notices, meeting notices and general queries.
• instruct custodians timeously ahead of voting deadlines via various channels.
• Have regular meetings with the Investment team rep (governance analyst) to discuss proxy voting.
• Update proxy voting and corporate actions stats.
• Resolve queries diligently and identify areas for improvement

Additional Activities

• Assisting with month-end pricing across all portfolios.
• Calculating daily interest coupon accruals.
• Monitoring and answering queries from the Institutional Data Management and Investment Accounting email queue. 
• Involvement in initiatives/project work that seeks to simplify and create efficiencies in existing processes.

EXPERIENCE and QUALIFICATIONS

• Chartered Accountant or B Com or equivalent degree - Higher Diploma or Honours will be an advantage
• A minimum of three years of experience in asset management (FS articles experience counts)
• Must have a strong technical understanding of instrument valuation and pricing

Experience in working with the following systems would be advantageous:

• Charles River Investment Management Solution (CRIMS)
• IHS Markit
• Fundamental Portfolio Manager (FPM)

A history of strong performance. 

KEY ATTRIBUTES and COMPETENCIES

• Strong numeric ability and a questioning mind
• Accuracy and attention to detail
• A self-starter with the ability to create efficient processes and controls
• Ability to operate independently as well as in a team environment
• Interpersonal and communication skills to build and maintain strong working relationships with relevant stakeholders, both internally and externally, and to defend an opinion with rationale and logic
• Ability to accept responsibility for all tasks done
• Good time management skills, and the ability to manage heavy workloads and multiple tasks – work flexible hours , particularly in the event of market vendor issues as well as follow a shift work schedule.
• Excellent analytical and problem-solving skills
• Very disciplined and methodical style of working
• Determined, engaged and persistent proactive “can-do” attitude that inspires others to do great work

Deadline:16th October,2026

go to method of application »

Job Summary

• Position within Institutional Operations - Fund Accounting Team as a Fund Accounting Specialist. 
• This is a contract for 12 months 
• The primary focus of the role is the accurate calculation and oversight of daily Net Asset Values (NAVs) across a range of investment portfolios, including Unit Trusts, Pooled Products, Mutual Funds, and Multi-Manager funds. This includes the calculation of daily income and expense accruals, cash and scrip reconciliations, maintenance of cash positions and margin accounts, as well as the accurate calculation of service fees and benchmark-related metrics.
• The role also involves performing NAV validation and verification checks, ensuring that all movements are within defined tolerance levels and are appropriately investigated and resolved. The incumbent is responsible for the end-to-end NAV production process, including both calculation and the timely dissemination of NAVs to the market.
• A strong focus is placed on accuracy, control, and operational efficiency, ensuring that all processes supporting NAV calculation are executed to a high standard and in line with established procedures and deadlines.

Job Responsibilities
The key functions included are:

• Calculate and review daily Net Asset Values (NAVs) for Unit Trusts, Pooled Products, Mutual Funds, Multi-Manager products, and Bermuda funds.
• Perform independent NAV verification and validation checks, ensuring accuracy and timely dissemination of NAVs to the market.
• Develop a strong understanding of the valuation of local and offshore securities, including fixed income instruments and complex assets.
• Accurate calculation and allocation of fund and class expenses including performance fees.
• Understanding of corporate actions and the impact on fund NAV.
• Optimization of reconciliations, Exception handling, Investigation of significant variances and effective resolution of reconciliation breaks and ad hoc challenges.
• Accurate processing of Asset Transfers across all Structured Products
• Manage and execute fund-related payments, ensuring accuracy and adherence to deadlines.
• Advanced understanding of the composition of fund holdings, fund benchmarks and performance fees
• Preparing Fund Trial Balances and Nav analysis
• Advanced understanding of unit transactions impact on income and capital prices
• Attending to audit and ad hoc queries
• Sound understanding of Income Distribution processes including the allocation of income per taxable income categories

Key Attributes and Competencies

• Highly analytical with a strong accounting focus and problem-solving mindset
• Critical Attention to detail
• Deadline driven and excellent time management skills
• Strong organisational and planning skills, with the ability to work efficiently and methodically
• Self-motivated, resilient, and results-oriented, with a proactive approach to challenges
• Strong interpersonal skills, with a people-oriented approach to collaboration
• Strong team focus and team player
• Works well under pressure, maintaining quality and control standards.
• Excellent stakeholder engagement and relationship-building skills, both internally and externally.

Experience and Education
Appropriate finance qualification: 

• BSc or BComm, with at least 1-year mathematics, statistics or accounting.
• Recent graduate applicants are welcome; 1-2 years' experience in Fund Accounting would be advantageous.

Deadline:15th October,2026