The team is responsible for monitoring and providing oversight of all fund accounting related services from third party administrators, for global fund ranges managed by our client.

You will be primarily responsible for the NAV Oversight of our client’s mutual funds, domiciled in various jurisdictions globally, including Undertaking for collective investment in transferable securities (UCITS), Investment Company Act (40 Act) and Collective Investment Scheme (CIS) funds.

Responsibilities:

Confirm the accuracy and reasonability of daily priced funds and daily yields on constant NAV portfolios
Responsible for daily review and oversight over cash balances and cash, scrip and NAV reconciliations and assist in resolving reconciliation breaks
Calculate and review of income distributions, yields, management fees, performance fees, fund expenses, TERs and transaction costs
Have oversight of and assisting in the preparation of fund-related regulatory and industry reporting in South Africa and the UK
Assess and review KPIs and overall service level of the administrator, in terms of the agreed SLAs
Maintain relationships with investment teams, client groups and collaborate with other operations functions across the business. Understand, resolve and respond to queries in an effective manner
Develop, implement and maintain effective systems, processes and procedures to ensure service standards are met, reducing risk and improving efficiency. Ongoing maintenance of procedures documentation

Requirements:

CA(SA) with 2 - 3 years’ post articles experience in the financial services/asset management industry
Experience in or have the understanding of fund pricing processes and the mutual funds industry a distinct advantage

Attributes:

The ability to ‘approach and own’ and continuously look for opportunities to develop
A client focused and collaborative approach
Intellectual curiosity
Ambition, balanced with decency and humanity
Ability to analyse, interpret and assimilate information

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