Investment Accountant

Vacancy Name
Investment Accountant

Vacancy No
VN956

Contract Type
EFT

Location
Cape Town

Description

OVERALL PURPOSE

The primary purpose of the role is to support Portfolio Managers across both offices to manage the support needs and administration needs of the client managers as well as the portfolio analysts. This role will have a close working relationship with the investment team. This role reports to the Head of Investment Accounting, South Africa in Cape Town and has a strong working relationship with the Investment team across both offices. Other working relationships include general Stonehage Fleming Relationship Managers in Cape Town and Johannesburg, external investment managers and linked investment service providers.

Key Responsibilities

PRINCIPAL ELEMENTS AND ACCOUNTABILITIES

1. Participate in client interactions, clients signing documents, attending meetings, taking meeting minutes.
2. Assist the team in freeing up time to procure more AUM.
3. Respond to general client queries, e.g. investments, withdrawals, tax & admin related queries, portfolio structuring, rebalancing, trades.
4. Assist the team with the efficient implementation of new business. Preparation of onboarding documentation with new/existing clients. Liaising with the Client Execution Team regarding the onboarding process (including end back). Post client meeting follow up with Partner / Portfolio Manager / Analyst to ensure all client requests are documented and executed.
5. Deliver high quality service that is accurate, timely, and of high quality regarding reporting.
6. Improve systems efficiency and take initiative to improve efficiencies wherever possible.
7. Conduct ad hoc projects to improve our service/offering.
8. Coordinate investment trades: follow up to completion, liaising with 3rd party investment providers (execution team).
9. Arrange foreign investment allowances, special applications, account opening, mandate preparation, asset swaps, Section 14 transfers, structure unwinds.
10. Coordinate transactional requirements: payment requests, ensure cash requirements are met, basic trade preparation for cash flow top-ups, ensure custodial fee accounts are topped up at all times, deal with corporate actions.
11. Manage team compliance matters, maintain compliance files ensuring that sufficient information is held to satisfy the relevant authorities, including CPD requirements.
12. Liaise with designated clients on monthly statements, GBI valuations, and selected billing requirements.
13. Ensure tax reporting is executed as per client requirements.
14. Assist in quarterly Investment Review process.
15. Administrative problem solving / value add.
16. Assist the team with solving any admin related problems.
17. Liaise with 3rd party service providers and various business contacts, including banks, investment houses etc.
18. Check, bind, and distribute client presentations when required.
19. Draft general correspondence.
20. Maintain filing database including daily filing of client documents, filing of general documents.
21. Ensure all client files are kept up to date and complete.
22. Diary management and PA support (Telephone support, expense claims, minute taking, etc.) for Managers/Directors in the immediate team.
23. Prepare Investment Management Agreements, FICA documents, complete new bank/investment account opening forms.
24. Prepare payment instructions.
25. Any other ad-hoc duties that may be required from time to time.

1. Business Degree with accounting and investment insight.
2. At least two years' experience in a similar or Fund Accounting role.

1. Proficiency in MS Office.
2. Telephonic confidence.
3. Ability to understand accounting software or reporting software, with experience in Advent, Business Central, and ETL processes being beneficial.

1. Planning & Organizing: Schedules & manages workload effectively, thinks ahead, sets plans to achieve goals.
2. Teamwork: Supports & works towards team goals, shares information, is helpful & cooperative.
3. Communication skill: Communicates clearly and concisely, listens effectively, written.
4. Client oriented: Understands and satisfies client needs at all times, delivers excellent client service, takes full responsibility & accountability for all client matters including delegated tasks.
5. Accuracy, quality & productivity: Delivers work of a high standard, output is accurate & error-free, productivity is satisfactory & consistent.