Senior Manager - Fund Services

TMF Group

  • Cape Town, Western Cape
  • Permanent
  • Full-time
  • 19 days ago
We never ask for payment as part of our selection process, and we always contact candidates via our corporate accounts and platforms. If you are approached for payment, this is likely to be fraudulent. Please check to see whether the role you are interested in is posted here, on our website.About TMF GroupTMF 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 RoleTMF 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 ResponsibilitiesManage a team of professional accountants in servicing a portfolio of clients.Act as service delivery leadResponsible for performance management functions of direct reportsBuild 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 systemAssisting with recruitment by conducting interviews for the SA businessReview 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 reportingReview of limited partner and general partner allocationsReview of annual financial statements, footnotes and partner capital statements, assist in client audit proceduresResponsible for the timing and quality of client deliverablesResponsible for the compliance of various agreements with clients, including the Service Level AgreementProvide supervision, training and guidance to team members focusing on task performance, support work allocation and capacity planningManaging client relationships and responsible for service deliveryKey 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
  • Management experience a must having managed a team of at least 6 people
  • 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 companyProfessional development opportunities as well as extensive individual further training opportunities, supported by our TMF Business AcademyA career within an ever evolving marketFlat hierarchies with direct contact to management and international exchangeWant to know more about a career with TMF Group? Watch this video:We're looking forward to getting to know you!

TMF Group