Senior Specialist - Fund Accounting

The Apex Group was established in Bermuda in 2003 and is now one of the world's largest fund administration and middle office solutions providers.

Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.Your career with us should reflect your energy and passion.

That's why, at Apex Group, we will do more than simply 'empower' you. We will work to supercharge your unique skills and experience.

Take the lead and we'll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.

For our business, for clients, and for you

The Senior Specialist-Hedge Funds will be expected to assist the Fund Accounting division responsible for all South African priced funds including Unit Trusts, Priced Pooled, Priced Segregated as well as South African Hedge Funds in terms of business processes and applications. The individual will be required to assist with issues coming out of the operations, review of processes and improvement thereof. This individual will also be required to be responsible for projects aimed at improving the processes within Fund Accounting.

Skills Required

The Position will be expected to:

• Improve Fund Accounting's daily and monthly processes and update process documents accordingly.
• Assist with bespoke processes and the standardization of Fund Accounting processes to enable automation of processing volumes for all SA priced funds.
• Provide solutions for Fund Accounting's corrective actions to be implemented across the teams.
• Be primary liaison with ICT regarding applications used by Fund Accounting and development requirements.
• Management of project delivery including end-to-end testing and implementation within Fund Accounting.
• Participate and lead training applicable for the team.
• Perform NAV finalization process and Team Leader oversight as and when required.
• Provide solutions for complex client requirements including client engagement, investigation and testing.
• Assist with the NAV re-price process as and when required including the calculation of the BPS impact analysis
• An accounting qualification (minimum B. Com or equivalent) together with either 4-5years Fund Accounting in asset management portfolio administration and pricing.
• In addition, the individual should have experience with the various fund types either locally or internationally.
  
  

IT And Systems Skills And Knowledge

Advanced level experience in using Excel, InvestOne and other related systems.

• Proven competence and an aptitude for working with systems.
  
  

Skills And Abilities

• Detailed understanding of funds and fee structures.
• Previous experience in supervising a team and conducting colleague reviews.
• Previous experience in dealing with clients.
• Previous experience in mentoring junior and new staff.
• Excellent communication skills (both written and verbal).
• Confident, enthusiastic and self-motivated.
• A track record of achievement.
• Analyze and solve problems.
• Assist in process improvement.
• develop & implement policies & procedures.
• Identify problems and delegate effectively.
• Establish and manage relationships.
• Liaise with clients and system developers.
  
  

Experience

• Knowledge.
• Strong understanding of investment product knowledge.
• Strong understanding of Financial Markets, instruments and systems.
  
  

Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.