Cape Town: Fund Operations Finance Associate posted by Rory Mackie & Associates

About the team:

Fund Operations is a global team of 30 people broadly split into 5 sub teams all sharing the same core responsibility of oversight and facilitation of transfer agent activities and supporting clients who invest in our clients Fund Ranges.

The Fund Operations team supports the business by facilitating flows into and out of the funds. Fund Operations owns the relationship with Transfer Agent and is responsible for the oversight of their processes. As a fund operations associate you will take on responsibility for vendor oversight with specific focus on finance related tasks performed by the vendor.

Responsibilities:

• Oversight of tasks performed by third-party service provider (Bank reconciliations, Collections from/Payments to investors and brokers, Taxation, Commissions and rebates)
• Review bank reconciliations and query outstanding items to ensure prompt and appropriate allocation. Monitoring accounts for overdrafts and resolving it timeously
• Attend to queries relating to Finance and Tax matters
• Perform analytical review/trend analysis on various data relating to clients and brokers
• Establish good working relationships across all relevant teams such as Tax, Third Party Service provider, Compliance and various other Operations teams across the business
• Manage the banking relationships for all inflow bank accounts
• Participation in Finance, Banking, Tax and Other regulatory projects
• Identify key risks and ensure effective controls are in place (both at outsourced provider and internally)
• Process improvement documentation and implementation of more efficient processes

Requirements:

• Newly Qualified CA(SA) with asset management or financial services auditing experience, OR B. Com with 3 5 years with asset management relevant experience
• Experience in analysis and interpretation of data would be advantageous
• Proficiency in data analysis tools, for example Excel and Power BI
• A methodical and detailed-orientated approach to work

Some of the attributes we look for in a person are:

• The ability to build and maintain meaningful relationships
• A client focused and collaborative approach
• Intellectual curiosity
• Ability to analyse, interpret and assimilate information