Fund Accountant

The Apex Group was established in Bermuda in 2003 and is now one of the world s largest fund administration and middle office solutions providers Our business is unique in its ability to reach globally service locally and provide cross-jurisdictional services With our clients at the heart of everything we do our hard-working team has successfully delivered on an unprecedented growth and transformation journey and we are now represented by over circa 13 000 employees across 112 offices worldwide Your career with us should reflect your energy and passion That s why at Apex Group we will do more than simply empower you We will work to supercharge your unique skills and experience Take the lead and we ll give you the support you need to be at the top of your game And we offer you the freedom to be a positive disrupter and turn big ideas into bold industry-changing realities For our business for clients and for you Senior Associate -Hedge Fund Accounting Bangalore Pune - India Shift Timings- Based on Business Requirements 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 5 plus years of relevant experience in the Administration of Hedge Funds and NAV calculations Reporting The position reports to AVP - Hedge Fund Accounting About Apex The 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 Specification 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 Skills Required Experience working with an investment management or finance-related firm Good knowledge of the investment industry with 5 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 What you will get in return A genuinely unique opportunity to be part of an expanding large global business Exposure to all aspects of the business cross-jurisdiction and to working with senior management directly Additional information We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender gender identity marital status race colour nationality ethnicity age sexual orientation socio-economic responsibilities for dependants physical or mental disability Any hiring decision are made on the basis of skills qualifications and experiences We measure our success as a business not only by delivering great products and services and continually increasing our assets under administration and market share but also by how we positively impact people society and the planet For more information on our commitment to Corporate Social Responsibility CSR please visit Disclaimer Unsolicited CVs sent to Apex Talent Acquisition Team or Hiring Managers by recruitment agencies will not be accepted for this position Apex operates a direct sourcing model and where agency assistance is required the Talent Acquisition team will engage directly with our exclusive recruitment partners