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<span>Fund Accounting - Assistant Manager</span>

Fund Accounting - Assistant Manager

Other Ebène, Mauritius Full-time
Company Description

Ocorian delivers administration and compliance services for funds, corporate, capital markets and private clients.

No matter where in the world our clients' hold financial interests, or however they are structured or need to be supported, we will provide a tailored and personalised solution that is individual to their needs and fully compliant to the needs of their stakeholders, regulators and the investment itself.

We manage over 15,000 structures for 6000+ clients with a global footprint operating from 20+ locations. Our scale offers all our people great opportunities to develop their knowledge and skills and to progress their careers.

Job Description

The Assistant Manager – Fund Services will be responsible for the Service Delivery, and exceeding of it, to a portfolio of clients & client entities. The Assistant Manager may also be responsible for the management of a team of staff who deliver the Accounting Services to this portfolio of clients & client entities. The candidate will provide support and assistance to the Directors, Managers and Administrators in connection to the services provided by Ocorian. This will involve managing the preparation of clients' financial statements, management accounts, NAV, tax returns and any other financial reports as may be required. This will also require supervision of the team.

Fund Accounting Responsibilities

– Take responsibility for an allocated portfolio of clients.

– To set and manage the deadlines of the portfolio of clients in accordance with the agreed calendar defined for each client.

– Ensure overall quality of bookkeeping, financial statements, management accounts and other financial reports are up to required standards at all times.

– Liaise with clients to ensure efficient delivery of output and client service expectations.

– Prepare timely and accurate NAV calculations, distributions, and other fund accounting output for subsequent review.

– Record accurately such accounting records as securities positions, corporate actions related, and journal entries.

– Reconcile various accounts, or reviewing reconciliations prepared by others, and promptly researching and correcting any variances.

– Review bank and any other reconciliation.

– Review VAT returns and Tax Computations for clients as prepared by Senior Accountants / Accountants / Assistant Accountants/ Junior Accountants.

– Review the work of, provide guidance and constructive feedback to Senior Accountants / Accountants / Assistant Accountants/ Junior Accountants.

– Liaise with Auditors and administrators to complete the audit of financial statements in accordance with defined timetables.

– Communicate effectively with the Accounting team to ensure they are aware of deadlines and expectations in terms of timing.

– Monitor and control the workload of the team.

– Ensure that Ocorian policy and procedures are adhered to.

– Be aware of risk exposure and promptly escalate issues arising to other members of the Management team.

– Oversee the work of Senior Accountants / Accountants / Assistant Accountants/ Junior Accountants and liaise with administration teams to determine and prioritise client deadlines.

– Assist with the update and maintenance of financial statements’ templates in accordance with IFRS or other designated accounting framework(s).

Ensuring world class client service delivery

– Responsibility for the accuracy, excellence of service and the timeliness of all fund services delivery within the Global Funds portfolio specifically regarding to the provision of Fund Accounting (as applicable)

– Build a strong service delivery relationship with each client.

– Act as a first point of escalation to resolve client service issues and problems;

– Ensuring on-going understanding of the clients and their activities.

Maximising Financial Performance

– Ensure time booked to clients is in accordance with approved job cards;

– Ensure weekly and monthly review and sign-off of timesheets.

Enhancing Operational Excellence

– Ensure that tasks are completed within the set deadlines and in accordance with time lines agreed with the client;

– Ensure that all client files are kept up-to-date;

– Ensure the timely update, accuracy and completeness of client information on IT systems; and

– Take an active role in projects within the organisation to enhance the client delivery and efficiency of processes.

Growing the Business

– Foster excellent relationships with clients with a view to upselling additional services or structures to the client; and

– Communicate effectively to the client with a view to be able to explain inflation / increase in fees.

People and Culture

– Act as a leader to motivate staff members and ensure they are fully engaged in their work;

– Train and impart knowledge to staff members on all tasks and processes;

– Carry out performance appraisal and monitoring and provide feedback to staff members as and when required; and

– Live the values of the company and ensure that staff members.


Qualifications Required

- ACCA, ICAEW qualified or any professional qualification related to the Global or financial sector.

– Strong knowledge of current IFRS and FRS 102 reporting and experience in accounting for a range of institutional structures

– Experience with eFront Navision and Value Financials/ Caseware would be desirable

– Strong IT skills

– Finance industry and/or accounting/auditing experience within or with exposure to institutional environment is ideal

Knowledge/ Skills/ Experience

– At least 4 years of working accounting experience in corporate / alternative investment / private client services;

– Proven experience in the regulatory framework in the global business sector in Mauritius or elsewhere;

– Proven experience in managing a portfolio of corporate / alternative investment / private client entities;

– Ideally At least 1 to 2 years' experience in the co-management of a team of staff in the global business / financial services industry in Mauritius or elsewhere;

– Strong IT skills; and

– Strong time management, interpersonal and organisational skills.


– Ability to effectively manage and motivate staff;

– Ability to communicate effectively with clients and staff members are all levels;

– Ability to work under pressure and meet deadlines;

– Ability to take ownership and responsibility for his/her actions; and

– Ability to work independently and autonomously whilst being accountable for deliverable.

Additional Information

All staff are expected to embody our core values that underpin everything that we do and that reflect the skills and behaviours we all need to be successful. 
These are:

  • We are AMBITIOUS – We aim high and are always seeking new ways to delight our people and clients
  • We are AGILE – We act on our initiative to get things done
  • We are COLLABORATIVE – We achieve more working together
  • We are ETHICAL – We behave with integrity at all times