Fund Accountant – Fund Services

ROLE OVERVIEW

PURPOSE OF JOB

To collate, calculate, process, investigate and check fund information in order to produce the Net Asset Values for the specific Funds which JTC administers within defined deadlines and regulatory requirements.

To draft financial statements and other financial related disclosures for client entities accurately in line with International Accountants standards (IFRS/FRS102) on a timely basis, in accordance with the most relevant accounting standards and client driven requirements.

MAIN DUTIES AND RESPONSIBILITIES

• Prepare, monitor and capture cash movements (cash management), investment trades and update transactions in InvestOne/Investran to ensure an accurate and timely delivery of the Accounts/NAV.
• Prepare and perform weekly/daily cash and stock reconciliations including proper investigation of all outstanding issues to ensure a timely resolution of any reconciling differences and no NAV errors occur.
• Monitor asset pricing and pricing sources for corporate actions to ensure securities are updated and valued correctly on InvestOne/Investran and no asset pricing errors occur within the Accounts/NAV.
• Perform and check weekly/daily expense and accrual calculations to ensure that they are reflected correctly in the Net Asset value calculation.
• Prepare and produce an accurate NAV to ensure Reviewers discover no errors on work reviewed resulting in the timely delivery of the Accounts/NAV.
• Proactively investigate queries with dealers; brokers; custodians; auditors and clients to ensure a timely resolution of all queries. Where applicable to communicate and escalate potential issues in a prompt and effective manner.
• Understand and implement company policies and procedures; client service level agreements and internal controls to ensure compliance thereof and no Custodian or external audit findings occur as a result of them not being applied.
• Prepare and send out all valuation e-mails to a pre-defined distribution list to ensure all parties have been timely informed of the NAV.
• To produce financial statements for portfolio of clients in accordance with the applicable financial standards, and to ensure that the accounts are produced in accordance with the regulatory deadlines and the deadlines agreed with the client.
• To project manage the client audit process internally according to an agreed timetable to ensure all parties are delivering as agreed and the manager or supervisor is informed of any obstacles and/or delays.
• Attend pre and post audit meetings to ensure audit planning, comments and recommendations as well as any post audit adjustments to be made to valuations are discussed.
• Ability to build strong relationships with clients and providing quality service to clients under the assigned portfolio.
• Prepare and complete all quarterly statutory returns to ensure specific funds regulatory requirements are fulfilled.
• Accurately update and maintain the relevant sections in the delivery matrix to ensure all parties are aware of what has been completed and Oversight can promptly review the NAV where required.
• Prepare and complete all sundry administrative tasks, including (but not limited to) accurate/timely time recording and filing of Accounts/NAV within Viewpoint.
• Monitor client mailboxes on a daily basis be resolving queries where possible or escalating where required.
• Prepare accurate payment instructions and provide to checker for authorisation in a timely manner.

ESSENTIAL REQUIREMENTS

• A relevant tertiary qualification including Accounting; Finance; Investments.
• Completed 3-year SAICA/SAIPA articles.
• Relevant experience in a similar role in financial services.
• Excellent numeracy skills.
• High level of accuracy and excellent attention to detail
• Works well under pressure.
• Strong problem-solving abilities.

OUR COMMITMENT TO INCLUSION & WELLBEING

JTC is committed to fostering a healthy, inclusive organisation where all individuals feel welcome and feel able to participate in the workplace fully. We value different perspectives, backgrounds and lived experiences. This includes supporting employee wellbeing so that people feel equipped to thrive.