Cape Town: Private Markets/Fund Administrator (CA(SA)) (CPT) posted by DataFin Recruitment

ENVIRONMENT:

MONITOR and provide oversight over outsourced Fund Accounting and related operational services as the next Private Markets/Fund Administrator wanted by a renowned Independent Asset Management Firm. Joining its Private Markets Operations Finance team, youll play an active role in redesigning key workflows to reduce manual inputs, embed automation, and build more intelligent, forward-looking operational processes. The ideal candidate must be CA(SA) qualified or have an equivalent professional qualification with 510 years experience within Asset Management, Private Markets or Fund Administration. You will also need strong hands-on experience with closed ended funds, structured finance products and complex distribution waterfalls and technical know-how around banking risk metrics and processes.

DUTIES:

Be responsible for the day-to-day operational management of the Private Market Funds including –

• Oversight of complex fund structures, including capital calls, drawdowns, distributions and cash movements across fund and note issuing vehicles, ensuring accurate application of distribution waterfalls and legal documentation.
• Monitoring investor commitments, capital balances, liquidity levels and minimum reserve requirements.
• Oversight of income, expense and hedging cash flows, including review of interest calculations, fees, principal repayments and counterparty payments.
• Working closely with various teams across the business to ensure smooth disbursement of funds to loan counterparties.
• Liaise with counterparties and facility agents on the calculation, allocation, invoicing and receipt of interest, fees and capital payments on unlisted debt instruments.
• Managing and resolving internal and external queries related to accounting, valuation, fund performance and investor requests.

Be responsible for the full quarterly and annual financial reporting process –

• Preparation and review of financial information for investor, noteholder and internal reporting.
• Review, challenge and sign off of quarterly NAV packs, financial statements and supporting schedules prepared by third party administrators.
• Ensure accurate reflection of complex capital structures, valuation methodologies, income recognition and provisioning.

• Partner closely with internal Investment, Product Development, Risk and Legal teams on fund operations, governance and new product initiatives.
• Build and managing external relationships with administrators, trustees, auditors, ratings agencies and investors.
• Contribute directly to the future-state design of operating infrastructure by integrating smart tools, structured data, and automation at the point of execution.

REQUIREMENTS:

• CA(SA) or equivalent professional qualification.
• 5 10 Years of experience within Asset Management, Private Markets or Fund Administration.
• Strong hands-on experience with closed ended funds, structured finance products and complex distribution waterfalls will be a distinct advantage.
• Technical knowledge relevant to the role, especially banking risk metrics and processes.

ATTRIBUTES:

• The ability to approach and own and continuously look for opportunities to develop.
• Driven and intellectually curious, with a strong attention to detail.
• Comfortable in Agile, cross-functional environments where priorities shift and innovation is constant.
• Commercial, pragmatic, and solution-oriented with the judgment to balance risk and business delivery.
• Ability to analyse, interpret and assimilate information accurately.
• Able to build and maintain meaningful relationships.