Apex Group

Global fund administration and related services

Fund Accountant

Financial AccountingConfirmed live in the last 24 hours

Full-timeQuatre Bornes, MauritiusNo salary listedIn-person

About the Job

Requirements

Around 1–3 years of accounting work experience; fund industry experience is an advantage.
ACCA qualified, partly qualified, or an equivalent qualification.
Proficiency in Microsoft Office applications; experience with fund accounting software is an advantage.
Strong time-management and organizational skills to meet agreed deadlines.
Willingness to work extra hours when needed.
Good interpersonal communication skills.
Organized, accurate, and willing to learn and take on new tasks.
Ability to work as a team member.

Responsibilities

Prepare net asset values (NAVs) for hedge fund clients on a daily, weekly, or monthly basis.
Prepare cash, position, and market value reconciliations, resolve breaks, and notify clients or Client Service Managers of valid breaks. Make necessary adjustments in the accounting system when breaks result from erroneous or missing transactions.
Review portfolio pricing and analyze pricing exceptions.
Review corporate actions booked in the system and ensure they are correctly reflected in the books.
Reconcile dividends and interest against broker reports.
Accrue or amortize daily or monthly non-security-related fee accruals, including management fees and financing accruals.
Process non-automated transactions, including over-the-counter derivatives and related cash movements.
Communicate with clients regarding daily reporting of estimates and NAVs, and resolution of queries.
Understand and complete ad hoc client requests.
Check that all over-the-counter products traded by clients have been booked correctly.
Book fund capital activities.
Support fund audits by preparing financial statements, completing audit reviews, and ensuring identified issues are documented and tracked to closure.
Coordinate with internal and external stakeholders, including securities/trades and pricing teams, reporting teams, investor services teams, auditors, Client Service Managers, and clients.

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

Job Description

Key duties and responsibilities

Responsible to prepare the NAVs of the hedge fund clients on a daily/weekly/monthly basis.
Prepare Cash/Position/Market Value Reconciliations and resolving breaks. Notify Clients/CSMs of valid breaks. If breaks 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.
Understand and complete ad hoc requests from clients.
Checking that all OTC products traded by the client have been booked correctly.
Booking of Capital Activities of the fund.
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.
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

Around 1-3 years of accounting working experience (Fund industry experience would be an advantage).
ACCA qualiﬁed or partly qualiﬁed or any equivalent qualiﬁcation.
Proﬁcient in Microsoft Oﬃce applications. Experience on Fund accounting software will be an advantage.
Excellent time and organisational skills to work and meet agreed tight deadlines.
Hard worker ready to put in the extra hours.
Good interpersonal communication skills.
Organised, accurate and willing to learn and take on new tasks.
Team Player

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.

About the Company

Apex Group

Global fund administration and related services

Apex Group provides a single-source suite of financial services, including fund administration, corporate services, banking, custody, depositary services, and ManCo offerings, with digital onboarding and ESG advisory for private markets. Its platform lets clients choose individual services or an integrated package that covers the whole value chain, all supported by technology and data. The company differentiates itself through its global scale, reach, and growth through numerous acquisitions that expand capabilities and local expertise while keeping a single-provider experience. Its goal is to deliver high-quality, consistent client service worldwide with local delivery and to advance its integrated offering in private markets, tokenization, and cross-asset support.

Company size: 5,001-10,000
Company stage: Debt Financing
Total funding: $1.5B
Headquarters: Hamilton, Bermuda
Founded: 2003

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