EMPLOYMENT TYPE: Permanent
DEPARTMENT: Fund Services
DIVISION: Institutional Client Services
WORKPLACE STRUCTURE: Hybrid
ROLE OVERVIEW PURPOSE OF JOBThe role holder will be required toadminister a client portfolio, under the supervision of a Line Manager. They should be able to demonstrate a clear understanding of the client'sportfolio, including risk awareness, relationship management and contractualand statutory obligations.
MAIN RESPONSIBILITIES AND DUTIES- Responsible for the day-to-day investor servicing/onboarding, accounting, and reporting for private equity and real estate funds.
- Processes general ledger activity for investor-level, fund-level, and investment-level transactions.
- Processes investor subscription documentation and follows AML/KYC procedures.
- Handles daily cash activity, wire transfers and bank reconciliations.
- Prepares and reviews quarterly accounting packages, including partner allocations.
- Assist with the oversight and training of junior members of the team.
- Prepares and reviews US GAAP financial statements and partner capital statements.
- Ensures fund waterfall and management fee calculations are interpreted in accordance with relevant fund operating documents, e.g. LP or LLC agreements.
- Prepares and reviews investor capital call and distribution notices.
- Assists external auditors during year-end audits.
- Interacts with clients on day-to-day matters as well as on ad-hoc queries.
- Participates in regular technology and information reviews, identifies potential changes and enhancements, and recommends alternatives for implementation.
- Manage own billing and cash collection / debtors process, have an awareness of recoverability and work in an efficient manner so as to minimise write-offs.
- Adhere to Risk & Associated Compliance procedures in relation to regulatory requirements and AML legislation.
- Adhere to CPD requirements in accordance with qualification level and in-house procedures.
- Adhere to the JTC core values and expected behaviours.
- Any other duties as deemed necessary by Management.
ESSENTIAL REQUIREMENTS- A minimum of 2 years of Private equity experience or fund administration experience required.
- A College degree (accounting business, mathematics, finance or economics degree preferred but not essential).
- Proficiency in MS Office. Strong Excel expertise.
- Strong organizational and communication skills.
- Attention to detail, problem solving and analytical skills.
The expected salary range for this position is $72,000 - $89,000 per year, based on experience and qualifications.
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