Finance Specialist & Fund Accountant (Accounting / Investment / Budget) – Johannesburg, South Africa

Southern Africa
Posted 3 weeks ago

Reference No. LCSF14

Finance Specialist & Fund Accountant (Accounting / Investment / Budget) – Johannesburg, South Africa

Reference Number: LCSF14

Job Description:

A very exciting client of ours is recruiting for a Finance Specialist & Fund Accountant to support all of its businesses. This company is an Investment Manager and Investment Bank operating on a Pan-African basis, specializing in private credit and private equity. They have leading market positions in middle-market M&A in Africa, as well as private credit advisory. 


  • Finance Management

  • Treasury function, cash management of the South Africa, Mauritius, and German bank accounts to ensure liquidity in the business.
  • Weekly payments, bank reconciliation, invoice log, monitor creditors age analysis.
  • Preparation of invoices, including intercompany, external and interest / principal payments, assisting collection, and monitor debtors age analysis.
  • Preparation of annual budget (updated half yearly) and monitoring the firm’s performance against budget and advise leadership on revenue / cost management.
  • Preparations of management accounts for the company’s South African entity, reviewing the Mauritius management accounts monthly.
  • Preparation of the management accounts for the owned entities, including tax filings and VAT in Germany.
  • Working with the firm’s auditor in South Africa, Germany, and Mauritius to manage the process of preparing audited accounts, and group consolidated accounts.
  • SARS filings including VAT and Provisional Tax, VAT reconciliation, Global Tax considerations to minimize tax impact on investments.
  • Ad hoc tasks as needed.


  • Fund Accountant

  • Working with the firm’s administrator in Germany to prepare quarterly investor reports, annual reports.
  • Review of the calculation of the fund flows and reconciliation of the fund NAV.
  • Review the valuation of the underlying investments in line with Fair Value reporting for IFRS 9 and IPEV Guidelines.
  • Quarterly modelling of the fund business plan, fund-raising, investment deployment and investment returns; assessing current fund performance against model.
  • Preparation of quarterly draw-down notices, distribution notices and reconciliation of the expected fund flows and net cash movements.
  • Preparation of invoices interest / principal payments to investee companies, and assisting collection.
  • Ad hoc reconciliation in line with the fund LPA (subscriptions, remaining capital, cash distributions etc.)



  • Solid academics experience.
  • Chartered Accountant qualification.
  • At least two years’ post qualification experience ideally including time spent in an investment management or fund management environment.
  • Excellent team working skills and ability to work independently.
  • Appetite to work with service providers in multiple jurisdictions.


If you wish to apply for the position, please send your CV to Linda Carstens at

Please visit for more exciting opportunities.

Linda Carstens

Recruitment Consultant

CA Global Finance

CA Global will respond to short-listed candidates only. If you have not had any response in two weeks, please consider your application unsuccessful. However, your CV will be kept on our database for any other suitable positions.

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