Supervisor - Funds Services

General Information

Job ID

36285

Location

Cape Town, South Africa

Work Types

Full Time

Categories

Client Accounting, Funds

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 on our career website.

About TMF Group

TMF 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 Role

TMF 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 Responsibilities

Managetax and audit processes

Provide necessary information to auditors and tax accountants for completion of audits and tax returns within scheduled time frames

Project manage the audit and tax process

Ownership of client product delivery, managing both internal and external timelines

Reviewof accurate:

Quarterly management fee calculations

Management accounts

Annual financial statements in accordance with applicable financial reporting framework

Distribution calculations and distribution letters

Capital callcalculations andcapital callletters

Carried interest and waterfall calculations

Equalization calculations

Investor registers

Payments

Any other deliverables as agreed in administration agreement

Managerelationships

Provide exceptional client service experience

Act as a primary client contact,withresponsibilityfor responding to client questions and requests

Leading regular scheduled meetings with clients

Interfacing and enhancing relationships with various stakeholders such valuations, treasury, investor relations, custodians, and management company teamsamong other.

Manage, train, and assist manager with developingFund/Senior Fund accountants

This includes onboardingandenforcing company policiesamong other.

Act as point of support for team membersand may be required to prepare at times.

Read and understandvarious agreements, including the Service Level Agreements to determine how the provisions impacts the operations and reporting deliverables.

Assist manager with projects and other ad hoc tasks

Key Requirements

Bachelor’s degree, preferably in accounting

At least3-5years’ experiencein Fund accounting for Alternative Funds (Private Equity, Real Estate, Private Debt)with at least2years’experienceasareviewer or

Aqualified accountantideally ACCA, CA,or CIMA with at least 2 years post qualifying experience as a reviewer preferably in financial services

Good knowledge of IFRS and ideally other GAAPs

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 company

Professional development opportunities as well as extensive individual further training opportunities, supported by our TMF Business Academy

A career within an ever evolving market

Flat hierarchies with direct contact to management and international exchange

We’re looking forward to getting to know you!