Fund Accountant, Private Markets

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

To oversee and manage the Investment Administration and financial operations for multiple investment clients to ensure accurate and timely accounting, financial reporting and compliance with regulatory standards for these funds. To manage the end-to-end accounting process relating to the Investment Fund products and service offerings, new or existing, so as to ensure the timely calculation, verification and release of the Net Asset Valuations and related price sourcing and reconciliations.

Type of Qualification Degree

Field of Study Finance and Accounting

Experience Required

Compliance Support Knowledge of the SA regulatory requirements for investment managers, pension funds and unit trusts, including pre and post trade compliance

Financial Instruments and Practices, Experience and knowledge of working with different financial instrument types (Equities, Fixed Income, derivatives, etc.) and the relevant accounting practices to support these different types of instruments.

Performance Analysis, Oversight of investment performance services. Knowledge on and understanding of how investment performance is calculated and the differences between calculation methodologies; how accounting data may impact the performance calculation; and how attribution works.

Unit Pricing experience within a Unit Pricing Specialist/ Senior role that is responsible for the calculation of unit prices and ensures compliance with the relevant regulations. Basic experience in, and knowledge of the unitisation process; functions and processes within administration and how unit prices are calculated; CISCA and other regulatory requirements for unit trusts; and how a transfer agent operates (unit trusts liability management).

 

Behavioural Competencies:

• Adopting Practical Approaches
• Articulating Information
• Documenting Facts
• Examining Information
• Interpreting Data

Technical Competencies:

• Asset Management
• Deal or Trade Life Cycles
• Financial Accounting
• Management Accounting
• Performance Benchmarking