Team Leader - Private Equity & Real Estate
Apex Group
- Cape Town, Western Cape
- Permanent
- Full-time
- Act as the accounting specialist within the PERE business
- Supervise and control the accurate, efficient and timely delivery of all net asset valuations, consolidated partner capital accounts, quarterly statements, financial statements and any other reports together with supporting schedules
- Manage the preparation of performance fee, internal Rate of Return (IRR) and equalization calculations as required by Fund documents;
- STAFF AND TRAINING
- The Team Leader will play a pivotal role in the on-going development and training of his/her direct reports
- Take responsibility for setting KPIâs for his/her direct reports and manage their performance, both formally through the performance management process but also informally on a day-to-day basis
- Train, manage and supervise direct reports
- TEAM MANAGEMENT
- Manage the preparation and delivery of deliverables and accounting services, as required by the fund documentation and the service level agreement, to our clients
- Review the work performed by the accounting team
- Manage resources to ensure adequate staffing to meet client requirements in a timely manner
- CLIENT MANAGEMENT
- Perform, at least, quarterly, client service review calls for an allocated portfolio of clients and provide client feedback to management and the rest of the team
- CLIENT ONBOARDING
- Provide feedback to the onboarding team and PERE management, together with the Team Leader â Administration, regarding the operational requirements set out in the fund documentation vs the operational capability of the system and help to identify any gaps
- Provide input into the SLA timeframes agreed with the clients
- PROCESSES AND SYSTEM UPDATES
- Assist with the on-going development of the Private Equity IT platform, including the maintenance of reporting templates
- Ensuring compliance with the PERE processes, as defined, and identifying possible efficiencies
- REGULATORY
- Assistance with any other regulatory and/or reporting requirements that may arise
- OTHER TASKS
- Act as authorized signatory on the bank accounts of our clients
- Liaise and build relationships with other relevant internal teams to ensure a seamless delivery of services to our clients
- Any other ad hoc tasks
- A fully qualified CA (SA) or equivalent with at least 2 years post qualified experience;
- A minimum of one yearsâ experience as team leader / managing and administration team.
- A good understanding of various Private Equity Fund structures and the administration and accounting of these structures;
- A sound working knowledge of fund valuations and accounting practices and standards, particularly IFRS, Lux GAAP and ILPA;
- Sound knowledge and understanding of back office systems, including Investran;
- Demonstrated ability to work in a pressurised environment;
- Be familiar with Funds services controls and procedures to ensure compliance and minimise risk;
- Have had exposure to managing a team; and
- An ability to constantly challenge and look to improve the daily operation.
- Have a confident , professional and an enthusiastic approach when dealing with clients and intermediaries of the business;
- Management capability with a practical hands-on approach and the ability to âget things doneâ;
- Leads by example
- Be able to communicate clearly with staff and senior management; and
- Work collaboratively and effectively within the PERE team as well as other departments within Maitland.
- A real âcan doâ attitude and thrives in an environment of opportunity, confidence and hunger for growth;
- Sets and achieves very high levels of performance and continually strives for personal improvement in all that they do;
- Has the ability to challenge decisions and frameworks, but also the ability to accept and implement decisions as instructed from a higher authority and to work within established frameworks to achieve desired results; and
- Will take accountability for their actions.