Job Description

General Information

Job ID
31413
Location
Cape Town, South Africa
Work Types
Permanent
Categories
Client Accounting, Entity Management

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About TMF Group

TMF Group is a leading provider of administrative services, helping clients invest and operate safely around the world.


As we're a global company with 11,000+ colleagues based in over 125 offices across 87 jurisdictions, we actively seek out people with the talent and potential to flourish at TMF Group, whatever their background, and offer job opportunities to the broadest spectrum of people. Once on board we nurture and promote talented individuals, making sure that senior positions are open to all.

Discover the Role

TMF Fund Services is an independent alternative fund administrator with over two decades of experience in providing an extensive range of services, coupled with a very personal approach. We combine our technology, expertise and global infrastructure to deliver a customized package of services to our clients. These include: Fund Administration, Investor Services, Portfolio & Managed Account Services, Depositary and Corporate Services.

Key Responsibilities

Manage a team of professional accountants in servicing a portfolio of clients. Responsible for performance management functions of direct reports Build a service delivery team to service a portfolio of clients for one of our offshore offices. Manage escalations related to the migration of services and cooperate with the offshore Senior Managers and Service Delivery Managers on a corrective and execution plan. Lead the onboarding of new clients, unpack, and define new client delivery, responsible for the implementation of fund structures onto the accounting system Assisting with recruitment by conducting interviews for the SA business Review NAVs for alternative investment funds (private equity, real estate, debt, other alternatives), which are domiciled in recognized fund jurisdictions. Responsible for review of all fund accounting and related deliverables such as analysis, maintaining and controlling the general ledger and various sub-ledgers, processing of transactions, rebalances, waterfalls, fee calculations, hedging, loans, recording calls and distributions, various ad hoc client reporting Review of limited partner and general partner allocations Review of annual financial statements, footnotes and partner capital statements, assist in client audit procedures Responsible for the timing and quality of client deliverables Responsible for the compliance of various agreements with clients, including the Service Level Agreement Provide supervision, training and guidance to team members focusing on task performance, support work allocation and capacity planning Managing client relationships and responsible for service delivery

Key Requirements

At least 5-10 years' experience in Fund accounting for Alternative Funds (Private Equity, Real Estate, Private Debt) A degree in Accounting - ideally ACCA, CA, CFA or other similar level qualification Good knowledge of IFRS and ideally other GAAPs At least 3 years' extensive experience in reviewing and preparing general ledgers and financial statements for Alternative Funds Knowledge of Investran and/or Yardi- this would be considered as advantage Familiarity with tax-efficient European fund structures and related investment vehicles and regulatory requirements - this would be considered as advantage Other characteristics: accurate, self-motivated and able to work both independently and as part of a team, deadline driven and able to maintain a portfolio of clients

What's in it for you?

An exciting opportunity in an international company


Professional development opportunities as well as extensive individual further training opportunities, supported by our TMF Business Academy


A career within an ever evolving market


Flat hierarchies with direct contact to management and international exchange


Want to know more about a career with TMF Group? Watch this video:

We're looking forward to getting to know you!