Fund Accountant

What sets this company apart:

• This organisation stands out as one of the world's foremost private markets managers thanks to its impressive scale spanning 30 offices globally and its comprehensive suite of investment strategies covering private equity, credit solutions, secondaries investments, and infrastructure projects.
• Employees benefit from being part of an inclusive culture that prioritises teamwork over hierarchy; here every voice matters regardless of seniority.
• The company invests heavily in professional development through structured training programmes designed to help you grow both technically and personally.
• Flexible working arrangements are available so you can balance your career ambitions with personal commitments. The leadership team is known for being approachable and supportive, always willing to share their wealth of industry knowledge or provide guidance on complex issues.
• By joining this organisation's Cape Town office as a Fund Accountant, you'll gain exposure not only to local market dynamics but also participate actively in global initiatives that shape the future direction of private markets investing.
• This is more than just another job, it's an opportunity to build lasting connections within an international network while making tangible contributions that matter.

What you'll do:

As a Fund Accountant, you will become an integral part of the Fund Reporting team responsible for upholding the highest standards of financial integrity across multiple funds. Your day-to-day activities will involve:

• Review quarterly and annual financial statement packages, ensuring all investor reporting is accurate, timely, and compliant with relevant standards.
• Oversee work produced by the fund administrator, including capital call calculations, distribution allocations, and preparation of notices for investors.
• Conduct thorough reviews of quarterly fund regulatory reports such as Annex IV, Form ADV, and Form PF to ensure full compliance with applicable regulations.
• Collaborate closely with various departments including investment teams, tax specialists, client services, performance reporting units, and fund operations.
• Assist in managing cash expenditures by maintaining detailed fund budgets in partnership with service providers.
• Evaluate fund expenses for appropriateness under limited partnership agreements.
• Interpret partnership agreements and apply appropriate accounting methodologies.
• Manage both internal and external audit requests by preparing documentation promptly and responding to auditor queries as needed.
• Coordinate the delivery of investment documentation to administrators and depositaries while handling investor audit confirmations and ad hoc requests.

What you bring:

• Professional accountancy qualification such as CA (SA), ACCA or equivalent is essential for this position to ensure technical proficiency in fund accounting practices.
• A minimum of 4-6 years' combined experience at a Big 4 firm or within private equity or related sectors provides the foundation required for success
• Undergraduate degree in accounting
• Comprehensive understanding of valuation techniques, consolidation processes, partner allocations, distribution waterfalls, IRRs (Internal Rate of Return), and investor multiples.

What's next:

If you are ready to take your fund accounting career further within an inspiring global environment, click apply or send me your updated CV: [email protected]