Job Description
About the Role
Elev8, a Global Investment Firm, is seeking a highly experienced and results-oriented Finance Manager to join their dynamic finance team in Cape Town. The successful candidate will be responsible for managing the accounting and financial reporting functions for a portfolio of private equity and credit funds.
Key Responsibilities
- Management and oversight of outsourced fund administrators and/or internal accounting team to ensure delivery in terms of services agreement.
- Oversight of all aspects of financial reporting, control, legal and tax compliance, and financial performance of the funds under management.
- Review of financial statements in multiple jurisdictions as well as monthly/quarterly management accounts.
- Preparation and/or review of various deliverables required for quarterly/annual/ad hoc reporting to investors, depositary, and responding to queries.
- Management of audit process within deadlines.
- Compliance with regulatory requirements, internal policies, and best practices for fund accounting and reporting.
- Cash management which aligns with issuing of drawdown notices to investors, disbursements to investments, budgeting, accounts payable, tax etc.
- Management of tax and regulatory compliance from a fund administration perspective.
Requirements
- CA (SA) qualification
- 5 Years+ post articles experience gained, with 3+ years in a similar or higher level ideally within the Fund Asset Management or Financial Services or Private Equity or Private Credit Fund industry is preferred.
- Good knowledge of private equity structures
- Strong knowledge of tax, regulatory and compliance frameworks
- Software proficiency: MS Office Suite (Word, Excel, PowerPoint, Outlook), PowerBI (a distinct advantage)
- Multiple currency experience
- Proven people management experience
- Attention to detail with superb organisational skills
- Excellent report-writing and communication skills
Qualifications
No specific qualifications mentioned.
Salary & Benefits
Highly Competitive Package on Offer negotiable based on Qualification and Years of relevant experience required.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Banking Jobs in Western Cape
The Western Cape is home to a thriving banking industry, with a diverse range of roles available across various sectors. Typically, the job market in this field is characterized by strong demand for skilled professionals, particularly in areas such as financial analysis and risk management. Generally, banks and financial institutions in the region offer competitive salaries and benefits packages to attract top talent.
The salary range for banking positions in the Western Cape can vary widely depending on factors such as experience, company size, and industry sector. Commonly, entry-level roles may command salaries ranging from R500 000 to R800 000 per annum, while senior positions can fetch salaries between R1 million to R3 million or more. However, it’s essential to note that these are broad estimates and actual salaries may differ significantly depending on individual circumstances.
Common skills required for banking roles in the Western Cape include proficiency in financial software, analytical thinking, communication skills, and attention to detail. Additionally, knowledge of financial markets, regulatory requirements, and risk management techniques is highly valued. Often, candidates with a degree in economics, finance, or accounting are well-suited for these types of roles.
The banking industry in the Western Cape commonly employs professionals from various sectors, including financial services, technology, manufacturing, and business services. The region’s strong economy and growing financial sector have created a high demand for skilled bankers and financial specialists.
For those interested in pursuing a career in banking, it’s essential to consider opportunities for professional development and growth. Typically, banks offer training programs and mentorship schemes to help employees develop their skills and advance in their careers. Often, career progression paths may involve roles such as portfolio management, risk analysis, or business development, while senior positions can lead to executive-level appointments or entrepreneurship. By focusing on developing key skills and building a strong network, job seekers can increase their chances of success in this dynamic and rewarding field.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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