PURPOSE OF JOB<\/p>\n
Manage the overall service delivery of the Private Equity accounting team, to ensure the following:<\/p>\n
\tResponsibility for direct line reports.
\n\tThat valuations are performed completely, accurately and within the required client deadlines.
\n\tValuations\/accounts are distributed accurately and on time to all parties.
\n\tThat all client queries are responded to and resolved to the satisfaction of the client within a reasonable timeframe.
\n\tThat compliance checks and reporting are completed accurately and within the set deadlines.
\n\tAdherence to all agreed controls, policies and procedures.
\n\tAccurate and timeously correspondence with shareholders of underlying funds.
\n\tAccurate and timeously payment of expenses and execution of investments in accordance with investment documentation.
\n\tBeing responsible for producing financial statements for all allocated clients in accordance with the most relevant accounting and regulatory standards and client driven requirements.
\n\tResponsible for facilitating the audit process for all clients.
\n\tResponsible for managing the team resources and allocating tasks and monitoring client service levels for reporting purposes.<\/p>\n
MAIN RESPONSIBILITIES AND DUTIES<\/p>\n
\tPlan and monitor resources and resource capacity within an allocated team to ensure that all deliveries are maintained, and service levels upheld.
\n\tManage and monitor the ongoing training, coaching to ensure the continuous development of staff in the team (this includes the performance management of direct line reports).
\n\tOrganise and hold regular meetings with your allocated team and each individual member (one-on-one\u2019s) to ensure regular communication and correspondence.
\n\tManage all activities within the allocated team in a positive effective way to instil a positive, solution-oriented work environment within the team (this includes managing\/monitoring the resolution of all issues and concerns applicable to the relevant team).
\n\tParticipate in business improvements across processes, controls and systems to ensure they are effectively implements within the allocated ops team. This includes the monitoring, initiating and participating in any risk reduction\/efficiency gaining projects impacting the operational team.
\n\tProject manage where required the take-on\/launch of all new funds\/clients allocated to ensure operationally the team is ready.
\n\tInvestigate, report and implement (Take overall responsibility) the required corrective and\/or preventative action for all operational errors and incidents which occurred in the allocated ops team to ensure successful resolution and management of the error or incident.
\n\tCheck and authorise payments (as an A Signatory) to ensure the payment has been correctly prepared.
\n\tCheck and approve valuations (as an A Signatory) to ensure all the required information has been captured and processed correctly.
\n\tSupervise others to ensure the accuracy, completeness and timeliness in of the team in executing deliverables.
\n\tReviewing and ensure all documentation are in place for investment purchases and sales \/ distributions.
\n\tReview of accurate expense and accrual calculations, including management and admin fee calculation.
\n\tInvestigating and answering queries with auditors, clients, and any other relevant service provider.
\n\tMonitor\/review the production of financial statements for portfolio of clients in accordance with the applicable financial reporting standards.
\n\tTo monitor the client audit process internally according to an agreed timetable and regulatory deadlines to ensure all parties are delivering as agreed and resolve\/escalate any obstacles and\/or delays timely.
\n\tAttend pre and post audit meetings to ensure audit planning, comments, and recommendations as well as any post audit adjustments to be made to valuations are discussed.
\n\tEnsuring compliance with company policy and procedures; client service level agreements and internal controls.
\n\tReview of NAV notices and disseminate to a pre-defined distribution list.
\n\tNote: Although the primary function of a Manager is checking and supervising the above tasks, in certain circumstances a Manager may also be required to perform the above-mentioned activities.
\n\tCoach and supervise other team members (including training and coordinating the training of new team members) to ensure the team functions as a cohesive unit.
\n\tActively participate in ensuring all processes and procedures are properly documented and adhered to, to ensure no accounting errors occur and the team has latency in place.
\n\tQuery and issue resolution within the team (whether it\u2019s Investran or system issues, or client or custodian issues) to ensure no queries or issues result in an error, breach or client dissatisfaction.
\n\tInvestigate errors, complete the required JTC error reporting process and implement the required remedial action in order to ensure the error is not repeated.
\n\tActively and continually identify and report high risk areas and gaps in processes to ensure the identification and escalation of risks and gaps.
\n\tCheck statutory returns in order to ensure JTC satisfies the fund regulatory obligations.
\n\tMonitor that the relevant sections in the delivery matrix are accurately updated and maintained to ensure all parties are aware of what has been completed, and Oversight can promptly review the NAV where required. \u00a0 \u00a0
\n\tComplete\/monitor all sundry administrative tasks, including (but not limited to) accurate \/ timely time recording and filing of Accounts \/ NAV within Viewpoint.<\/p>\n
ESSENTIAL REQUIREMENTS<\/p>\n
\tA relevant tertiary qualification, preferably including Accounting; Finance; Investments.
\n\tCA (SA), ACCA or equivalent.
\n\tMinimum of 5 years investment fund administration, more specifically in Private Equity and venture Capital.
\n\tGood accounting and investment product knowledge, including retail fund products.
\n\tExperience in leading teams and client engagements.
\n\tExcellent numeracy skills and attention to detail.
\n\tExposure \/ Experience in dealing and interacting with clients, specifically in the Private Equity and Venture Capital space would be advantageous.
\n\tExperience in managing client portfolios varying in complexity and size.\u00a0
\n\tGood technical knowledge of accounting standards (IFRS\/UK GAAP\/US GAAP & Other).
\n\tExposure to valuations, equalisations and carried interest calculations.<\/p>\n
go to method of application \u00bb<\/p>\n
Apply via company website ( http:\/\/www.jtcgroup.com ) or<\/p>\n
<\/p>\n","protected":false},"author":2,"featured_media":0,"template":"","meta":{"_promoted":"","_job_location":"","_application":"","_company_name":"JTC Group","_company_website":"http:\/\/www.jtcgroup.com","_company_tagline":"We are JTC, an independent, award-winning provider of fund, corporate and fiduciary services to institutional and private clients. Established in 1987, we now have over 500 people in offices across 18 jurisdictions, with assets under administration totalling over US$70billion. Our independence and s... read morehared ownership culture means we all share the same priority: the best interests of our clients. Specialties Accountancy Services, Corporate Services, Employee & Executive Services, Family Office Services, Fund Services, Marine & Aviation Services, Private Client Services, and Real Estate Services Block B Century Falls Century Boulevard Century City Milnerton South Africa 7441","_company_twitter":"","_company_video":"","_filled":0,"_featured":0,"_remote_position":0,"_job_salary":"","_job_salary_currency":"","_job_salary_unit":""},"job_listing_region":[15],"job-types":[12],"class_list":{"0":"post-37191","1":"job_listing","2":"type-job_listing","3":"status-publish","4":"hentry","5":"job_listing_region-western-cape","7":"job-type-full-time"},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings\/37191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings"}],"about":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/types\/job_listing"}],"author":[{"embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/users\/2"}],"wp:attachment":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/media?parent=37191"}],"wp:term":[{"taxonomy":"job_listing_region","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job_listing_region?post=37191"},{"taxonomy":"job_listing_type","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-types?post=37191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}