Apex Group

Global fund administration and related services

Assistant Vice President 2

Financial AccountingConfirmed live in the last 24 hours

Full-timeGandhinagar, Gujarat, IndiaNo salary listedIn-person

About the Job

Requirements

At least 8 years of experience with strong knowledge of Alternative Investment Funds (Category III) and Domestic Mutual Funds.
In-depth understanding of valuation for multiple asset classes, including equity, derivatives, debt, bonds, debentures, and unlisted securities, in accordance with SEBI/IFSCA guidelines.
Strong knowledge of performance fee calculations, series-based accounting, and equalization.
Educational qualification of M.Com, CA, MBA (Finance), or CFA.
Strong general ledger accounting knowledge, attention to detail, analytical ability, technical proficiency, organizational capability, and problem-solving skills.
Proficiency in advanced Excel functions.
Ability to communicate effectively and interact directly with clients.
Flexibility to work additional hours when required.
Team management experience, including performance appraisal and people development.

Responsibilities

Plan, schedule, and manage daily workflows for all client deliverables within the team.
Review and prepare NAVs for AIF Category III funds on a daily and monthly basis.
Prepare Cash/Position/Market Value reconciliations, resolve breaks, notify Clients/CSMs of valid breaks, and make necessary accounting adjustments for missing or erroneous transactions.
Review portfolio pricing according to IFSCA/SEBI guidelines and analyse pricing exceptions.
Review booked corporate actions, ensure accurate accounting treatment, and reconcile dividends and interest with broker reports.
Accrue or amortize daily or monthly non-security-related fee accruals, including management fees and financing accruals.
Process non-automated transactions such as OTC derivatives and related cash movements.
Communicate with clients regarding daily estimates, NAV reporting, and query resolution.
Book capital activity transactions of the fund.
Finalize month-end NAVs and prepare investor-level allocation reports, including performance fee calculations, series accounting, and equalization methodology.
Support the preparation, review, and completion of regulatory filings according to IFSCA guidelines.
Support audits, including preparing financial statements for funds.
Assist with automation initiatives, workflow migrations, conversions, and other operational projects.
Support global updates to key operating procedures and ensure smooth implementation.
Coordinate with internal and external stakeholders, including Securities/Trades & Pricing teams, the Reporting team, Investor Services, auditors, Client Service Managers, and clients.
Monitor deliverables to ensure high SLA compliance, accuracy, and timeliness.

Desired Qualifications

Experience with Paxus is a strong advantage.

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

Planning, scheduling, and managing daily workflows for all client deliverables within the team.
Reviewing and preparing NAVs for AIF Category III funds on a daily and monthly basis.
Preparing Cash/Position/Market Value reconciliations and resolving breaks; notifying Clients/CSMs of valid breaks and making necessary accounting adjustments for missing/erroneous transactions.
Reviewing portfolio pricing as per IFSCA/SEBI guidelines and analysing pricing exceptions, if any.
Reviewing booked corporate actions and ensuring accurate accounting treatment; performing Dividends/Interest reconciliation with broker reports.
Accruing/amortizing daily or monthly non‑security related fee accruals including management fees and financing accruals.
Processing non‑automated transactions such as OTC derivatives and related cash movements.
Communicating effectively with clients regarding daily Estimates, NAV reporting, and query resolution.
Booking capital activity transactions of the fund.
Finalizing month‑end NAVs and preparing investor‑level allocation reports; well‑versed in performance fee calculations, series accounting, and equalization methodology.
Supporting preparation/review/completion of regulatory filings as per IFSCA guidelines.
Supporting audits, including preparation of financial statements for funds.
Assisting with automation initiatives, workflow migrations, conversions, and other operational projects.
Supporting global updates in key operating procedures and ensuring smooth implementation.
Coordinating with internal/external stakeholders such as Securities/Trades & Pricing teams, Reporting team, Investor Services, Auditors, Client Service Managers, and Clients.
Monitoring deliverables to ensure high SLA compliance with accuracy and timeliness.

Skills Required

8+ years of experience with strong knowledge of Alternative Investment Funds (Category III) and Domestic Mutual Funds.
In‑depth understanding of valuation for multiple asset classes: equity, derivatives, debt, bonds, debentures, and unlisted securities as per SEBI/IFSCA guidelines.
Strong knowledge of performance fee calculations, series‑based accounting, and equalization.
Educational qualifications: M.Com / CA / MBA (Finance) / CFA.
Experience with Paxus is a strong advantage.
Strong general ledger accounting knowledge with high attention to detail, analytical ability, technical proficiency, organizational capability, and problem‑solving skills.
Proficiency in advanced Excel functions.
Excellent communication and interpersonal skills for direct client interactions.
Flexibility to work additional hours when required.
Team management experience, including performance appraisal and people development.

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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