Job Opportunities at Apex Group

• An opportunity has arisen within Management Company area of FundRock Management Company/ FundRock LRI within Apex Group in South Africa. 
• The function of the role will be to ensure  the day to day activities within the Central Administrator Oversight team are successfully achieved and client deadlines are met in a timely and accurate manner. This will include, but will not be limited to - ensuring SLA and defined deadlines are achieved in order to meet the Management Companies  regulatory requirements and obligations.
• The role encompasses vast exposure to Investment Funds in multiple geographical locations domiciled within the Luxembourg and Ireland Financial Sector.

Details

Technical Knowledge/ Technical Capabilities:

• Perform first controls on the NAV production process via reviews of KPI (Key Performance Indicator) data provided by the Fund Administrator and extracted from appropriate sources, investigating and escalating potential risks where identified
• Initial review of accounting of mostly liquid investment funds based on Lux-GAAP incl. oversight on NAV calculation and monitoring of valuation
• Ensuring supporting procedures are accurate and kept up to date
• Anticipate potential risk and impact on the net asset value calculation, escalate issues and contribute to resolution of problems
• Initial reviewing and preparing various reports, such as financial statements and capital accounts, Management Information. Report to management on operational risk assessment
• Develop, adapt and improve appropriate risk-based control regime for each assigned service provider and client Fund by analysing internal and external data – i.e. control and auditing reports
• Follow-up with service providers regarding any issues raised until resolution
• Maintain regular service calls with clients and service providers. Supporting the team with regard to onsite visits and process reviews
• Assist in developing measures to restructure and align Management Company services to meet future client, regulatory and business needs
• Achieve high quality in all services provided to clients

Essential / Desirable

• Strong academic background including in Accounting/Finance/Economics or comparable studies.
• Ideally first professional experience in the area of (fund) accounting, depositary or audit;
• Basic knowledge of European Regulator Investment Products, UCITS, AIFMD and Fund regulatory requirements.
• Excellent communication, analytical and critical thinking skills with high client and service orientation
• Ability to work under own initiative
• Ability to multi-task, highly motivated, driven and focused
• Highly motivated, driven and focused with a desire for new challenges
• Excellent knowledge of Microsoft Office, Excel, Word and PowerPoint
• Fluent English (written and spoken); additional languages are considered an asset

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Role summary:

• We are seeking an Assistant Manager, reporting to a Manager within the Alternative Asset Services Division of Apex, to have responsibility for the administration and overseeing the accounting of a client portfolio. ​Also, including the development and mentoring of the more junior team members and​ providing the highest quality of customer service. Working closely with the lead relationship​ manager and Director to provide quality and efficient services to all customers within the portfolio. 

Key responsibilities:

• Be responsible for managing a client portfolio including all aspects of administration & overseeing the accounting aspects;​
• Supervise and mentor a number of junior staff members, some of whom would typically be studying towards professional qualifications;​
• Working with the Manager and Director to ensure the planning, coordination and completion of NAVs;​\
• Management Reporting and Statutory Reporting of corporate entities to ensure the team complies with all of its accounting and regulatory obligations and requirements including listing requirements and client reporting;​
• Preparation and implementation of entity customer specific procedures in relation to the administration and reporting requirements;​
• Act as point of contact with auditors in respect of the planning and coordination of audits and assisting with and running audits for clients;​
• Ensuring reporting complies with entity and statutory requirements including local law, relevant GAAP or IFRS and other reporting principals and
• Ensure that client responsibilities are managed effectively and 
• Ensure that client responsibilities are managed effectively.

Skills / experience:

• Professional qualification – CA(S) or equivalent;
• Minimum one year post articles experience;
• Minimum of 3 years’ experience in the fund industry;
• Excellent communication and organisation skills;
• Legal and regulatory requirements for example Anti-Money Laundering laws etc.​
• Good analytical and problem-solving skills;​
• Excellent interpersonal and teamwork skills;​
• Ability to prioritise work and meet strict deadlines;​
• Motivated and driven;​
• Fund related accounting experience will be an advantage;​
• Private Debt, Capital Markets, Real Assets or Private Equity knowledge will be a distinct advantage.​