Manager – Accounting (Funds) – South Africa

Role summary.

​We are seeking a highly motivated accountant (CA(SA), SAIPA, ACCA or equivalent designation) to support the Chief Operating Officer working group in a variety of diverse functions in relation to all aspects of the Group.

​The COO is responsible for all of the Group operations and requires this role to provide support in executing the implementation, integration and analysis of certain tasks. These tasks will be varied and targeted dependent upon the needs of the COO and the Group.

​As an example, the initial primary priority is to support the Altum Management Company (Luxembourg) S.A. (“AMC” or “the Company”) in overseeing and managing revenue processes for our fund clients. This role plays a critical part in ensuring that our revenues are accurately calculated, invoiced, collected, and reported in a timely and efficient manner.

​Further examples are participating in client migrations from an incumbent service provider to Altum Group; analysis of operational improvements and building out supporting dashboards and reports. This position offers an exciting opportunity to work with a dynamic and growing Group while being based in South Africa and collaborating closely with teams across Luxembourg and the wider Altum Group.

Key responsibilities.

​The role responsibilities will be diverse and not limited to the following, indicatively outlined below for the purposes of the initial priority:

• Calculate and oversee the Company’s revenues related to our funds’ clients
• Ensure accurate and timely invoicing of revenues, including trailer fees, management company fees, and investment management fees.
• Supervise and support the internal payments team;
• Monitor and follow up on revenue collection to ensure prompt payment from our fund clients;
• Oversee the monitoring and timely payment of service provider invoices relating to our fund clients.
• Reconcile invoiced revenues against reported revenues in recurring financial reports (monthly, quarterly, and annually).
• Assist in preparing the Company’s revenue budget and regularly update revenue forecasts. Reconcile actual revenues against both invoiced and budgeted figures.
• Collaborate with the Altum Group team responsible for corporate accounting for the Company.
• Monitor the Company’s aged debtors report and proactively follow up to ensure timely collection of outstanding invoices.

In addition, you will:

• Support the timely and accurate response to statutory audit queries related to the Company’s revenue and financial reporting;
• Assist the internal corporate accounting team to ensure revenues are accurately and promptly recorded in the Company’s accounting systems.

Expected skills / experience.

• The profile of this role is as important as the indicative responsibilities
• We are looking for candidates who meet the following criteria:
• Chartered Accountant qualification (CA(SA), SAIPA, ACCA, ACA, or equivalent);
• Minimum of 5 years’ experience in financial services.
• Good knowledge of financial markets and investment products;
• Strong proficiency in Microsoft Excel, with working knowledge of Word and PowerPoint;
• Excellent command of written and spoken English;
• Analytical thinker with strong attention to detail and problem-solving skills, be solution orientated;
• Ability to think critically and offer creative solutions (“out of the box thinking”);
• Strong team player with excellent communication skills and a collaborative attitude;
• Flexible, adaptable, and able to effectively prioritize tasks in a fast-paced environment.
• Be self motivated and able to work as part of a team and independently

Why Join Us?

At Altum we value people who are eager to learn, take ownership of their work, and thrive in an international and entrepreneurial environment. If you are looking for a role with real impact and professional growth opportunities within the investment management industry, we would love to hear from you.