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    Job · 21382790

    BENGALURU · FULLTIME

    Assistant Vice President - Hedge Funds

    Apex Group

    Apex Group

    Bengaluru · onsite · Posted 3d ago

    Sourced fromNaukri
    Undisclosed9–12 yrsfulltimeBengaluru

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    Section · 01

    About this role

    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
    AVP - Hedge Fund Accounting
    Bangalore/Pune/ - India
    Shift Timings- Based on Business Requirements
    The successful candidate will join the Fund Services team as an 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.
    Reporting
    The position reports to VP - Hedge Fund Accounting
    About Apex
    The Apex Group is a global financial services provider with 10,000 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 9-12 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
    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
    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.


    Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

    Sourced from naukri

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    Section · 02

    Skills

    Advanced ExcelFund accountingCorporate actionsFund administrationCFABusiness RequirementsArticulateauditsAccrualsDividendsfinancingApexFinancial StatementsAdministrationFinancial ServicesAccountingcompliancefinance

    Section · Company

    About Apex Group

    Apex Group

    Apex Group

    Financial Services

    6.0k+

    employees

    2003

    23 years old

    Hamilton

    United States Of America

    About

    Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider.

    Industries

    Financial Services

    Employee ratings

    1,259 reviews

    2.7/ 5

    Culture

    2.4

    Career growth

    2.2

    Work-life

    2.9

    Employees rate it well for

    Work Life Balance176Salary163Senior Management114Work Culture75Learning75

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