Position Summary:
This role is responsible for financial performance and reporting for the various AIIM funds under management.
This role is responsible for oversight of the delivery of the financial fund accounting function in the organization and carries overall responsibility for the preparation and quality of financial accounts and maintenance of financial records for the fund accounting function within the business.
Key Responsibilities:
- Responsible for audit liaison as well as tax, legislative & statutory requirements for funds under management and related fund holding companies.
- Responsible for providing financial information for investor communications, including periodic reporting and ad hoc investor requests
- Oversight of treasury and cash management for funds under management
- Will be expected to work closely with AIIM Investment Teams and Strategic Initiatives to provide input into transaction execution including review transaction documents for financial accounting and finance-related operational issues and overseeing settlement of acquisitions / disposals (flow of funds)
- Oversight of incorporation and maintenance of SPV companies (including due diligence, preparation of inaugural resolutions, share register, share certificates) ensuring all details are accurate and meet legislative and regulatory requirements
- Managing fund administration with OMAI operations team and Curo fund administrator
- Provide advice and review all finance-related matters (distributions, cash flows, valuations, finance issues, technical issues)
- Liaison with and management of external service providers
- Oversight of OM group requests and queries on AIIM’s funds under management
- Management of fund and asset IRR models and fund and investor returns
- Oversight and responsibility of fund accounting and administration team
- Responsible for liaising with OMAI finance team on AIIM financial matters and reporting requirements
- Review Fund Formation Agreements to ensure financial reporting obligations are complied with and compliance with Investor agreements
- Review and sign off financial inputs to investor reports, investment committees, Fund updates and other ad hoc financial reporting information
- Assist in deciding on the financial and business viability of new and existing projects and programmes.
- Responsible and oversight for SARB applications and monitoring thereof respectively
Required Education & Experience:
- Minimum of 10 years working experience which should include management role in investment management or financial services
- Good interpersonal skills with the ability to manage relationships
- Solution orientated bias
- Identification, management and anticipation of risks
- Ability to take own initiative
- Implementation skills
- Communication and relationship building
- Thinking and Problem-Solving Skills
- Bachelor of Commerce (BCom), Bachelor of Business Science (BBusSc), CA, CFA, or similar undergraduate degree
- Team Orientation
- Knowledge and exposure to IFRS, tax and VAT
- Commercial knowledge of asset management/alternative asset classes