Daniel Els Email & Phone Number

George Town, George Town, Ky

Cayman Islands

NAV Preparation & Fund AccountingWeekly, monthly, and annual NAVs ensuring accuracy and compliance with accounting records and supporting documentation.Reconciled NAV packs, reviewed Master/Feeder transactions, and managed forward currency exchange contracts, including hedge cost calculations and end-of-month currency redemptions.Conducted cash and investment position reconciliations with custodians and brokers, ensuring alignment with balances and forward contracts.Prepared and reviewed trade documentation, verifying compliance with CFTC/NFA regulations, IFRS, and US GAAP, and ensured accurate trade execution and recording.Performed investment pricing functions and continuously monitored internal controls to ensure compliance with fund accounting standards.Addressed investor inquiries related to NAV calculations, fund performance, and financial statements, while facilitating investor onboarding and managing communication to meet deliverables.Audit functions (FS Prep and review, data gathering and collation, managing client communications and ensuring regulatory deadlines were met)Reporting & Financial AnalysisPrepared and analyzed monthly NAV reports, including Cash Flow, P&L, and Balance Sheets, to identify trends, variances, and discrepancies.Collaborated with external directors for approval and review of extraordinary transactions and quarterly CFTC documentation, ensuring adherence to fund operations.Generated specialized reports for credit institutions, directors, and valuation teams, and regularly evaluated fund pricing, coordinating with internal teams and 3rd parties to ensure data integrity.

Cayman Islands

Pietermaritzburg Area, South Africa

Financial management of KirstenCraft Pty Ltd. The entity operates within the steel manufacturing industry and works close in hand with engineering, mining and agricultural entities in providing steel detailing and drafting services. Roles within this firm include,but are not limited to the following:Financial advisoryBusiness plan initiation and maintenanceCapital budgetingFinance acquisitionMonthly accounting processingTax complianceBusiness operational advisoryMarketing and advertising

Johannesburg Area, South Africa

Non-Executive Director of Midstream Compressors Proprietary Limited. The entity focuses on operations within the industrial sector and caters to all industries which require assistance with compression machinery and other.Financial advisoryBusiness plan initiation and maintenanceCapital budgetingFinance acquisition via banks/external investorsMonthly accounting processingTax and regulatory complianceBusiness operational advisoryMarketing and advertising

George Town, Cayman Islands

Hedge Fund and Captive Insurance AuditFinancial Statement Preparation: Crafted financial statements adhering to both US GAAP and IFRS standards.Audit Procedures: Executed audit procedures on Mutual Funds and Private Funds, ensuring thoroughness and accuracy.Audit Planning: Strategically planned audits, focusing on time management, priority areas, and materiality.Client Communication: Managed client communications, audit timelines, document requirements, queries, and overall audit completion.Debt and Equity Evaluation: Assessed debt and equity instruments, determining appropriate testing methods for each class of investment.Investment Valuation: Evaluated investment methods, validating accuracy and assessing potential impairment of investments.Substantive Testing: Conducted detailed substantive tests and analytical review procedures on Balance Sheet and Income Statement items.Transaction Testing: Selected and tested samples of investment transactions, confirming existence and accuracy via third-party sources (bank statements, online exchanges, contractual agreements).Compliance and Regulatory Testing: Ensured all necessary legal documentation and KYC documents were in place for the fund.AccountingMonthly Management Accounts, Weekly Cash flow Reports, Annual Financial Statements.Developed monthly / annual budgets, financial forecasts for management decision making.Oversaw payments and cash reconciliations as well as maintain AP/AR records and oversaw collections/payments of overdue balances. Oversaw pension fund and medical insurance operations (Calculations/Reviews/Payments)Implemented modern accounting software and performed transition and induction ensuring accuracy and completeness of new accounting software and training of new software.Acted as the main point of contact between the finance department and creditors, debtors, management and operations departments.

South Africa

Successfully completed secondment work for a leading US audit firm, specializing in the audit of a military machinery which focused solely on government contracts. My role involved ensuring compliance with stringent financial regulations, analyzing complex financial statements, and providing actionable recommendations and assist with audit procedures to enhance financial reporting and internal controls.Key Highlights:Expertise in auditing within the defense sector and government contracts.Strong analytical and problem-solving skills.Effective communication and collaboration with clients and teams.Commitment to professional development and industry best practices.

Somerset West, Western Cape, South Africa

Audit Senior at Exceed (Cape Town) Incorporated. Exceed Incorporated aids in providing accounting,tax,audit and advisory services to entities of all sizes and nature.Roles within this position include,but are not limited to:Management of audit clerks and auditsConducting audits of the following nature: Companies,CC's,Non-profit Companies, Body Corporates, Attorny Trusts, Trusts, Individuals and other.Audits include the following sectors: Investment holdings, financial service providers, investment entities, agriculture, manufacturing,retail, industrial services, and other.Financial asset valuations and auditing of suchBusiness valuationsCompilationsTax compliance and queriesInternal control evaluation

Durban Area, South Africa

Formed part of the audit team whilst completing SAICA articles. Articles were completed during 2019 at a firm in Cape Town due to inevitable relocation.

Bachelor Of Commerce (Bcom), Accounting

Postgraduate Diploma In Accounting Science, Audit, Tax,Finance,Accounting