The team is responsible for monitoring and providing oversight of all fund accounting related services from third party administrators, for global fund ranges managed by Ninety One. We are excited to invite a talented and driven professional to join the NAV Oversight space within Fund Accounting.
In this role you will:
Confirm the accuracy and reasonability of daily priced funds and daily yields on constant NAV portfolios
Be responsible for daily review and oversight of cash balances and cash, scrip and NAV reconciliations, and assist in resolving reconciliation breaks
Calculate and review income distributions, yields, management fees, performance fees, fund expenses, TERs and transaction costs
Have oversight of, and assist in the preparation of, fund-related regulatory and industry reporting across jurisdictions including but not limited to South Africa and the UK
Assess and review KPIs and overall service level of the administrator, in terms of agreed SLAs
Maintain relationships with investment teams and client groups, and collaborate with other operations functions across the business
Develop, implement and maintain effective systems, processes and procedures to ensure service standards are met, reducing risk and improving efficiency
You should consider applying if you have:
CA(SA) or equivalent professional qualification
At least 2 - 3 years' experience in the financial services industry
Experience in and understanding of fund pricing processes and the mutual funds industry a distinct advantage
Some of the attributes we look for in a person are:
The ability to 'approach and own' and continuously look for opportunities to develop
A client-focused and collaborative approach
Intellectual curiosity
Ability to analyse, interpret and assimilate information