Apex Group - Senior Associate/AVP - Hedge Fund Accounting

Senior Associate - AVP - Hedge Fund Accounting

The successful candidate will join the Fund Services team as an SA / AVP - Fund Accounting and will be closely working with Client Service Managers based in Europe/Singapore/US regions in connection with the performance of duties related to the administration of Alternative Funds. Candidate should have around 9 plus years of relevant experience in the Administration of Hedge Funds and NAV calculations.

About Apex :

The Apex Group is a global financial services provider with 5,000 staff across 50+ offices globally. We look to recruit bright, articulate and numerate employees who are not afraid of a challenge and are prepared to work hard and love what they do.

Every employee plays a part in making Apex who we are today and the more that we grow, the more important that becomes. Whatever your career path or specialism Apex provides a global platform to allow you to thrive.

Job Specification:

- Planning, scheduling and managing the daily workflows of all client deliverables within the team.

- Responsible to review/prepare the NAVs of the hedge fund clients on a daily/Monthly basis.

- Prepare Cash/Position/Market Value Reconciliations and resolving breaks. Notify Clients/CSMs of valid breaks. If break are due to an erroneous or missing transaction in Accounting system, then make necessary adjustments

- Reviewing pricing of the portfolio and analysing the pricing exceptions if any.

- Reviewing the corporate actions booked in the system and ensuring that the same is correctly reflected in the books. Dividends/Interest Reconciliation with Broker reports

- Responsible for accruing/amortizing daily or monthly non-security related Fee accruals including management fees and financing accruals.

- Process non-automated transactions including OTC derivatives and their related cash movements.

- Effective communication with clients on daily reporting of Estimates/NAVs/Query resolutions.

- Checking that all OTC products traded by the client have been booked correctly.

- Booking of Capital Activities of the fund.

- Finalizing the month end NAV of the client and providing Investor Level Allocation reports at month-end.

- Providing support in Audits for funds in the preparation on financial statements. Complete audit reviews and ensure identified issues are documented and tracked to closure.

- Support operations on projects related to Automations/Work migrations/Conversions etc.

- Support global changes in Key operating procedures and implementation.

- Coordinating with Internal/External Stake holders such as Securities/Trades and Pricing Team, Reporting Team, Investor Services team, Auditors, Client Service Managers and Clients.

- Effectively monitoring deliverables to ensure high SLA compliance within set accuracy standards.

Skills Required:

- Experience working with an investment management or finance-related firm.

- Good knowledge of the investment industry with 5-15 Years in Hedge Fund administration or related industry experience.

- M.com/CA/MBA - Finance/CFA

- Familiarity with Paxus is a major plus.

- An ability to think critically and objectively.

- Experience with general ledger accounting and, with demonstrated attention to detail and accuracy, analytical, technical, organizational, and problem solving skills.

- Proficiency in advanced Excel functions.

- Excellent communication and inter-personal skills.

- Work additional hours as needed.

- Team management

- Performance appraisal

- People growth and development

- Years of experience-5 to 15 years