Fund Financial Accountant – Old Mutual Vacancies 2023


Website Old Mutual

Position Summary:

The successful incumbent will be responsible for the financial reporting and fund administration of various Funds managed by AIIM.

Key Responsibilities:

  • Expense analysis and reporting
  • Prepare response to investor queries and ad hoc requests
  • Preparation of monthly management accounts
  • Cash management including cash flow forecasts
  • Oversight of investor distributions and contribution amounts required
  • Review Fund Formation Agreements to ensure compliance with reporting obligations
  • Fee calculations i.e. management fees, carried interest, participation fees
  • Growing business and opportunity to streamline processes
  • Income Tax calculations and returns
  • Reviewing of journals
  • Managing and reporting outstanding debtors and creditors
  • Preparation of drawdown/distribution notices
  • Control and oversight of the GL for Funds & fund structures
  • Maintenance of investors capital commitment accounts
  • Instruct processing of transactions (Efront)
  • Review of bank reconciliations
  • Compliance with tax, legislative and statutory requirements
  • Provide financial information for investor communications, including quarterly financial and investor reporting
  • Budgeting, forecasting and reporting to management and shareholders
  • Responsible for audit liaison and preparation of annual financial statements

Required Education & Experience:

  • Exposure to tax and VAT
  • Contractual competence
  • Good planning and organizing skills
  • Strong Excel skills
  • Proactive and analytical orientation
  • A minimum of 5 years’ experience in financial services, preferably in fund accounting
  • Team Orientation
  • Knowledge of IFRS
  • Technical knowledge
  • Leadership skills
  • Commercial knowledge of asset management/alternative asset classes advantageous
  • Attention to detail