CIS Fund Accounting Team Lead (Prescient Fund Services)

DUTIES & RESPONSIBILITIES

• Leading the team of CIS Fund Accountants to ensure accurate and timely delivery of duties in order to meet SLA’s. Responsible for the daily deliverables of the team.
• Working closely with the Operations Manager: Fund Accounting to ensure the team is correctly resourced and that retention is high.
• Implementing and maintaining process controls.

Client reporting:

• Responsible for running, checking and sending client reports daily and monthly.
• Handling client queries efficiently to ensure resolution of both internal and external client queries.
• Assist in the preparation and distribution of specific reporting requirements to clients.
• Attending to monthly, quarterly, ad hoc client and regulatory reporting requirements

Cash flow management and Electronic banking:

• Ensure sufficient cash is available in the physical bank account before transfer.
• Always inform and arrange for cash to be made available with the fund manager..
• Arrange for intraday facility with banks where necessary.
• Capturing to online banking platforms or instructing via fax timeously.
• Perform the necessary checks to ensure transfers are debited and credited timeously and accurately after having released online payments.

Oversee Reconcile cash and asset holdings:

• Ensure differences are identified and resolved timeously.
• Daily and monthly bank account reconciliations.
• Daily and monthly unit-holding reconciliations.
• Ensure there is no impact to NAV as a result of differences.
• Alert managers to material differences that may impact the funds trading ability or fund valuation.

Co-ordination and clear communication with clients, investment team and ICT where relevant:

• You will be required to be the query point for fund managers regarding any fund accounting or administration issues.
• Ensure that the fund manager is informed of any reconciliation items and outstanding issues.
• Follow up on unmatched or unsettled trades to ensure quick resolution.
• Ensure resolution of internal and external queries – everyone is your client.
• Oversee Fund Accounting and NAV pricing delivery.

REQUIRED QUALIFICATIONS

• Relevant Tertiary Qualification(s) in Finance / Accounting / Commerce.
• Strong Excel Skills.
• Experience with Investment Administration / Accounting software.