Assistant Manager - Johannesburg, South Africa - LRI Invest S.A.

LRI Invest S.A.

Verified Company

Johannesburg, South Africa

3 weeks ago

Posted by:

Thabo Mthembu

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Description

Assistant Manager Fund Accounting - Private Equity

Role Location:
Johannesburg, SA

Department:
Private Equity / Fund Accounting

Employment Type:
Permanent, Full time

Role Summary:

Key Responsibilities:

Managing day to day activities in line with internal and external SLA timeframes
Interacting with Private Equity principals and related stakeholders
Reviewing, understanding and discussing fund governing documents with staff and clients
Taking responsibility for all aspects of operations and controls, including setting up funds on accounting platforms either Investran, Efront or Allvue, processing transactions, and drafting NAVs and financials, amending NAVs for comments received from CSL or clients, preparation and issuing of investor reports, and performing review and quality work
Responding to investor, client and internal enquiries
Providing periodic reports and feedback to upper management
Adhering to Investor Services procedures and policies in line with regulations globally and Apex's group policy
Assisting with the processing of investor requests
Checker duties
Subject Matter Expert for private equity accounting with some experience on waterfall calc / subsequent closes etc.
Participation in ad hoc projects in addition of daytoday duties
Working as part of a larger global team in the case of outsourced activities

Competencies:

A background in a fund accounting team (5+ years), for alternative funds at a top tier institutional fund administrator
Working knowledge of Private Equity Fund Administration systems
Able to adapt quickly to challenging and changing priorities
Up to date accounting standards (IFRS/US GAAP) and Fund industry knowledge
Strong planning and organisational and entrepreneurial skills
A detailed understanding of Private Equity Fund structures and the fund administration business
Basic knowledge of Investor services / Transfer Agency, banking and hedge fund accounting concepts
Strong communication (verbal and written) and problemsolving skills
Good interpersonal skills to develop working relationships with colleagues, clients, other divisions/ offices of the bank and professional intermediaries
Must be able to work with all levels within the organisation
Strong multitasking skills
The ability to work to tight deadlines
Effective time management
Display high levels of accuracy and attention to detail
Ability to remain calm at busy times
Ability to identify opportunities for process improvements
Ability to escalate where appropriate
Ability to selfmotivate and work as part of team
Ability to take on board constructive feedback
Flexible in dealing with changing priorities
Strong excel knowledge
BCom Honours in Accounting / CA accreditation advantageous

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