Associate - Real Estate Fund Accounting - Johannesburg, South Africa - LRI Invest S.A.

LRI Invest S.A.

Verified Company

Johannesburg, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Location:
Johannesburg, South Africa

Date Posted:
Mar 15, 2023

Description

Associate
***
-
***
Real Estate

Fund Accounting

Johannesburg -

South AfricaReporting**- The position reports to AVP - RE Fund Accounting
About Apex
The Apex Group is a global financial services provider with 11,000 staff across 50+ offices globally.

We look to recruit bright, articulate and numerate employees who are not afraid of a challenge and are prepared to work hard and love what they do.

Every employee plays a part in making Apex who we are today and the more that we grow, the more important that becomes.

Whatever your career path or specialism Apex provides a global platform to allow you to thrive.

J

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pecification

Performs Fund Accounting/Property Accounting related activities of Real Estate Funds/Properties.
Performs Net Assets Value calculations and Financials of the Real Estate Funds / Properties for verity of client needs as well as different fund structures.
Perform Management Accounts and various client reporting that include booking journal entries/accruals/adjustments and various fund level fee calculations.
Perform and sign off Interim/Annual NAV packs/Financials for Real Estate Funds/Properties including the consolidated accounts/financials for SPVs and Properties.
Perform Fund/Property/Lease setup, Accounts Payable and Accounts Receivable related activities in accounting platform (Yardi).
Verifies complex fund transactions, audit comments within scheduled timeframes and resolves exceptions on a timely basis.
Ensure that you comply with all controls, checklists and general company policies.
Collection/verification of relevant information for Fund/Property/Lease setup and to facilitate the Net Assets Value calculation and preparation of NAV pack.
Prepare Cash/Position/Market Value/Intercompany Reconciliations.
Ensure all scheduled work is completed by agreed deadlines and flag any service delivery issues to Management as early as possible.
Identify and implement process improvement techniques to improve the process efficiency and team productivity.
Support in migration of Real Estate Funds from onshore location independently and ensure SLA targets are met.
Managing the client relationships for the Funds and individually handle the deliverable requirements on daily/weekly/monthly/Quarterly basis.
Liaising with Onshore team, clients and Auditors on various requirements and ensure all supports are provided to the auditors to get the financials approved on the agreed timeline.
Support operations on projects related to Automations / Work migrations / Conversions etc.

Skills Required:

Experience working in Fund Accounting, Property Accounting, NAV calculation and Financial Statement preparation of Real Estate Funds.
Experience in Transition of Real Estate Funds from onshore locations.
Worked on onboarding new clients and develop reporting templates for the clients
Good Experience in handling the client relationships and should be good in written and oral communication.
Good conceptual knowledge in accounting principles and financial statement preparation.
Experience in handling audit requirements and ad hoc client requirements in Real Estate Fund accounting.
Good experience working on Yardi Voyager, MS Office and Macro enabled workbooks.
Relevant Experience 04 years of experience preferably into Real Estate Fund Accounting and Property Accounting.
Post graduate in Commerce, MBA Finance, CA/CMA/CFA

What you will get in return:

A genuinely unique opportunity to be part of an expanding large global business
Exposure to all aspects of the business, crossjurisdiction and to working with senior management directly

Additional information

We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet.