Assistant Vice President- Real Assets Fund Accounting

The Apex Group was established in Bermuda in 2003 and is now one of the worlds 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.

Thats 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 well 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

AVP Real Estate Fund Accounting

The successful candidate will join the Fund Services team as an Assistant Vice President and will be closely working with Clients and Client Service Managers based in Asia/UK/US region in connection with the performance of duties related to the administration of Real Estate Funds. Candidate should have 8 plus years of relevant experience in the Real Estate Fund Accounting and NAV calculations. Candidate must be well versed in Yardi and should have relevant experience in Property Accounting, Client relationship management, Team management, Process improvements, Preparing Financials and other Client reporting.

Reporting The position reports to VP RE Fund Accounting

Job specification

• Review and sign off Management Accounts and various client reporting that include booking journal entries/accruals/adjustments and various fund level fee calculations.
• Review and sign off Interim/Annual NAV packs/Financials for Real Estate Funds/Properties including the consolidated accounts/financials for SPVs and Properties.
• Contribute to expansion and integration of Yardi technology platforms, with a focus on Yardi as the core Real Assets Software Platform
• Contribute to and execute Real Assets strategic product roadmap, performing program management and overseeing project team delivery
• Perform/review Fund/Property/Lease set-up, Accounts Payable and Accounts Receivable related activities in accounting platform (Yardi).
• Assist in managing Yardi set-up, implementation and testing with internal IT, CFS & SPVs stakeholders
• Maintain a pro-active customer focus at all times, monitor the timing and quality of client deliverables and interact with Management and Clients
• Handle migration of Real Estate Funds from onshore location independently and ensure SLA targets are met.
• Review real estate fund clients partnership agreements, PPMs and other materials and participate in the implementation of fund structures onto the accounting system.
• Monitor compliance of various agreements with clients, including the Service Level Agreement.
• Train and support team members in their development.
• Operate as a contact point for clients; able to respond to and resolve queries or escalate where necessary and act as a liaison with various internal/external parties i.e. auditors, legal counsel.
• Assist in client audit procedures, process wire transfer payments on behalf of clients, prepare and analyse complex Excel spreadsheets and liaise with property management companies.

Skills Required

• Experienced in reviewing and preparing general ledgers and financial statements
• Need to have knowledge of Lux GAAP, IFRS and US GAAP
• Excellent communication skills and proficiency in English (both verbal and written).
• Self-motivated, bright and diligent individual who is driven to meet deadlines.
• Sound judgment, problem solving and analytical skills.
• Good experience in managing large teams and handling performance appraisal.
• Advanced in MS Excel, Proficient with MS Word, MS PowerPoint.
• Relevant Experience Minimum 8 years of public/private real estate accounting work experience
• Post graduate in Business Management, CA/CMA/CFA/CPA/ACCA

Locations - Bangalore - North