Senior Associate

2 weeks ago


Bengaluru, Karnataka, India Apex Group Ltd (India Branch) Full time
Senior Associate - Hedge Fund Accounting-Integration

Bangalore/Pune/Mumbai/Kolkata - India


The successful candidate will join the Fund Services team as a Hedge Fund Accountant and will be closely working with Client Service Managers based in Asia/Europe/US regions in connection with the performance of duties related to the administration of Alternative Funds.

Candidate should have around 4 plus years of relevant experience in the Administration of Hedge Funds and NAV calculations.

ReportingThe position reports to AVP – Hedge Fund Accounting-Integration

About ApexThe Apex Group is a global financial services provider with 3,000 staff across 40+ 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 Specificationof the newly launched/migration/conversion funds in accounting software, integration and implementation of incorporate the conversion funds into the system and do the back log and parallel prepare the NAVs of the hedge fund clients on a daily/ weekly/Monthly basis.

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 adjustmentspricing of the portfolio and analysing the pricing exceptions if corporate actions booked in the system and ensuring that the same is correctly reflected in the books.

Dividends/Interest Reconciliation with Broker reportsfor accruing/amortizing daily or monthly non-security related Fee accruals including management fees and financing transactions including OTC derivatives and their related cash movements.communication with clients on daily reporting of Estimates/NAVs/Query all OTC products traded by the client have been booked Capital Activities of the month end NAV of the client and providing Investor Level Allocation reports at month-end.support in Audits for funds in the preparation on financial statements.

Complete audit reviews and ensure identified issues are documented and tracked to closure.operations on projects related to Automations/Work migrations/Conversions changes in Key operating procedures and Internal/External Stake holders such as Securities/Trades and Pricing Team, Reporting Team, Investor Services team, Auditors, Client Service Managers and Clients.


Skills Requiredworking with an investment management or finance-related firm.knowledge of the investment industry with 5+ Years in Hedge Fund administration or related industry with end – to – end experience.– Finance/CFAwith Paxus is a major plus.ability to think critically and general ledger accounting and, with demonstrated attention to detail and accuracy, analytical, technical, organizational, and problem solving advanced Excel functions.communication and inter-personal skills.additional hours as work as an individual contributor.

dependent
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