NAV Oversight

You will be primarily responsible for the oversight over fund accounting and related functions for our clients’ mutual funds, domiciled in various jurisdictions globally including Undertakings for Collective Investment in Transferable Securities (UCITS), 40 Act and Collective Investment Scheme (CIS) funds.

Responsibilities:

• Confirming the accuracy and reasonability of daily priced funds and daily yields on constant NAV portfolios
• Daily review and oversight over cash balances and cash, scrip and NAV reconciliations and assist in resolving reconciliation breaks
• Calculation and review of income distributions, yields, performance fees, rebates, fund expenses, TERs and transaction costs
• Oversight of and assisting in the preparation of fund-related regulatory and industry reporting in South African and the UK
• Assess and review KPIs and overall services level of the administrator, in terms of the agreed SLAs
• Maintain relationship with investment teams, client groups and 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

Technical Knowledge and Experience Requirements:

• Newly qualified CA (SA) with Investments/Asset Management auditing expiring
• Or a B. Com degree in Investments, Accounting, Finance or related qualification with at least 3 – 5 years’ experience either at an asset manager or a fund administrator
• Experience in and a deep understanding of fund pricing processes, the mutual funds industry and SA (CIS) and (UCITS) regulatory frameworks

Personal Attributes:

• Excellent organisational skills and ability to handle numerous responsibilities under pressure.
• Ability to simplify complex problems and processes
• Analytical, detail focused, inquisitive, pro-active, solution-minded
• Be able to deal with conflict
• Ensures high quality output of work performed
• Communicate clearly and professionally, verbally and in writing