Administrator - Fund Accountant - Fund Services

JTC Group • Other • Milnerton, Western Cape, South Africa • $200 - $300 / year • 1d ago

Administrator - Fund Accountant - Fund Services

EMPLOYMENT TYPE: Permanent
DEPARTMENT: Fund Services
DIVISION: Institutional Client Services
WORKPLACE STRUCTURE: Hybrid
ROLE OVERVIEW
PURPOSE OF JOB
To collate,calculate, process, investigate and check fund information in order to producethe Net Asset Values for the specific Fundswhich JTC administers within defined deadlines and regulatory requirements.
MAIN DUTIES AND RESPONSIBILITIES

Prepare, monitor andcapture cash movements (cash management), investment trades and updatetransactions on the accounting system to ensure an accurate and timely deliveryof the NAV.
Prepare and perform weekly/daily cash and stock reconciliationsincluding proper investigation of all outstanding issuesto ensure a timely resolution of any reconciling differences and no NAV errorsoccur.
Monitor daily/monthlyasset pricing and pricing sources for corporate actions to ensure securitiesare updated and valued correctly on the accounting system and no asset pricingerrors occur in the valuation.
Perform and checkweekly/daily expense and accrual calculations to ensure that they are reflectedcorrectly in the Net Asset value calculation.
Prepareand produce an accurate NAV to ensure Reviewers discover no errors on workreviewed resulting in the timely delivery of the NAV's.
Proactivelyinvestigate queries with dealers; brokers; custodians; auditors and clients toensure a timely resolution of all queries. Where applicable to communicate andescalate potential issues in a prompt and effective manner.
Understandand implement company policies and procedures; client service level agreementsand internal controls to ensure compliance thereof and no Custodian or externalaudit findings occur as a result of them not being applied.
Monitor and performweekly/monthly compliance checks to ensure all scheme particulars are adheredto and no concern is raised in Compliance's reviews and reports.
Prepare and send outall valuation e-mails to a pre-defined distribution list to ensure all partieshave been timely informed of the NAV.
Prepareand complete all quarterly statutory returns to ensure specific fundsregulatory requirements are fulfilled.
Accuratelyupdate and maintain the relevant sections in the delivery matrix to ensure allparties are aware of what has been completed and Oversight can promptly reviewthe NAV where required.
Monitor clientmailboxes on a daily basis be resolving queries where possible or escalatingwhere required.
Assistsupervisors during audits by providing supporting documents, reconciliationsand reports to auditors where required.
Maintain investor registers and ensure onlyauthorized changes are made and that these are done in a timely manner.
Subject to client approvals, respond to anyinvestor queries that may arise.
Prepare drawdown and distribution noticeswhere requested from the General Partner.
Prepare capital account statements.