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Want to work with a fintech focused on creating a fair finance system? Check out these job openings across the globe.
Associate Director-Senior Fund Accountant
Accounting & Finance · Full-time
Johannesburg, South Africa
Posted on Nov 9, 2026
Associate Director-Senior Fund Accountant
Based in Johannesburg/ Cape Town
Full-Time
About the company
Lendable connects emerging and frontier market fintechs with international and local investors so that they can in turn provide financial services to those who need it the most: underbanked consumers and small businesses. We have built the technical and financial infrastructure to increase access to credit in emerging and frontier markets, including a proprietary database of over 208m loans across 28 countries. To date, we have helped more than 6.8m people get access to fair loans and deployed over $950m of capital to fintechs across Africa, Southeast Asia, and Latin America.
We are based across Africa, Asia, Europe, North and South America, with major hubs in London and Nairobi. Our diverse team consists of investment professionals, data scientists, technologists, and people who care about supporting each other and our clients. We are passionate about creating a more equitable and sustainable world through data and finance. Come help us continue to grow!
The Role
You’ll join our fund finance team as Senior Fund Accountant, reporting to the Senior Associate Director of Fund Accounting who sits in London. We manage a growing range of open- and closed-ended private credit funds that lend to fintechs across emerging markets, backed by development finance institutions, impact investors and other institutional investors. The work spans asset backed loan portfolios, fund financing facilities and a diverse investor base, so you’ll see the whole fund lifecycle rather than one slice of it. You’ll also help reshape how the fund accounting function works, using AI and automation, at a regulated manager that is scaling for further growth.
Fund accounting and NAV
- Prepare shadow NAVs for designated funds and reconcile them to the fund administrator’s NAVs, investigating and resolving differences. Most funds report quarterly and one monthly, with interim monthly NAVs prepared across the range to spread the quarter-end workload.
- Maintain loan-level accounting across portfolios, including interest accruals, fees and FX.
- Prepare management and performance fee calculations and reconcile them to the administrator’s figures, for senior review.
- Record fund expenses as part of shadow NAV and reconcile them to fund expenses processed by the administrator.
Capital activity and fund financing
- Run capital calls and investor drawdowns, and reconcile capital transactions, including subscriptions, redemptions, distributions and transfers.
- Agree investor distributions or re-investments as part of the NAV process
- Manage drawdowns and repayments on the funds’ subscription line and NAV facility, including their use for hedging collateral, and prepare covenant compliance reporting for lenders.
Reporting, audit and tax
- Support the production of management information and financial reporting.
- Provide accurate, timely data to the Investor Solutions team for investor reporting, and respond to ad hoc investor requests, including due diligence questionnaires.
- Lead the annual fund audits for your designated funds under Luxembourg GAAP, and review the accounts for non-audited entities.
- Prepare inputs for external tax advisers. This covers US investor tax reporting (such as PFIC statements and Forms 1099), Luxembourg VAT returns, and subscription tax and corporate income tax for the funds, holding companies and general partners.
- Prepare annual budgets, monitor actual fund expenses against them and prepare board packs for the funds you’re responsible for.
Process improvement
- Identify and deliver improvements to fund accounting processes using AI tools, scripts and code, working alongside our in-house AI team.
Working with others
- Work closely with the Investor Solutions, Corporate Accounting and Capital Solutions teams to deliver accurate, timely outputs.
- Act as a day-to-day contact for the fund administrator, AIFM, depositary, auditors and tax advisers.
You’ll work mainly in Google Workspace, Margill and Xero.
The person:
- Qualified accountant (CA(SA), ACA, ACCA or CIMA) with 3-5+ years’ post-qualification experience
- Currently working or have worked in fund accounting or fund administration (essential)
- Experience of closed- and open-ended fund structures and core fund accounting processes, including NAV production, subscriptions and redemptions, investor allocations and financial statement preparation.
- Experience in private credit or private debt is preferred. Exposure to loan-level accounting or fund financing facilities would be a plus.
- Strong IFRS knowledge, with exposure to Luxembourg GAAP or US GAAP a plus.
- Strong spreadsheet skills in Google Sheets or Excel, and confident, hands-on use of AI tools to improve how work gets done. Experience with scripting or code would be valuable.
- A self-starter with exceptional attention to detail, who takes ownership of their work.
- Comfortable in a fast-paced environment, balancing deadlines across several funds and working with colleagues and external providers.
Compensation:
- Market competitive salary
- Strong health insurance package that includes dental, vision, and mental health coverage
- Flexible working set up
- Paid new parent leave policy
- Clear opportunities for career progression as we grow
Persons of all gender, race, sex, orientation, age, and identity are encouraged to apply. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.