Closed-Ended Fund Integration Assistant Vice President - Investran

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

Closed-Ended Fund Integration Team - Assistant Vice President 

Role Location: Bangalore/Pune/Mumbai/Hyderabad

Department: Fund Integration Team

Employment Type: Full time

The Role & Key Responsibilities

• Manage end execute conversion of Closed Ended (Private Equity/Real Assets Funds from other accounting applications to eFront, Investran, Geneva, Allvue, Paxus and Yardi.
• Refer to Fund formation docs/LPA and other fund documents and establish plan for new client/Fund setup and complex structures.
• Review the work of team members and provide feedback for improvement to guarantee timely delivery and quality of work.
• Manage work allocation among the team and ensure back up and BCP plans are in place.
• Identify and implement process improvement techniques to improve the process efficiency and team productivity.
• Liaising with Onshore team, clients and Auditors on various requirements and ensure all supports are provided to the auditors to get the financials approved on the agreed timeline.
• Liaising with multiple stake holders in the organization and ensure the tight deadlines are met. delivery and quality of work.
• Develop customized reports in Investran, Paxus and eFront to support the client requirements.
• Understand and complete adhoc requests from clients.
• Plan resources in line with business demands, participate in the recruitment and selection process, lead, coach, develop and appraise employees within the team.
• Implementation of fund structures and static data onto accounting system.
• Review LPA and procedure documents to recommend solutions to improve efficiencies.
• Develop various KPIs to be followed and ensure all necessary controls are put in place in the process. review of Admin/Management fees/Waterfall/Claw back calculations etc.
• Review Limited Partner and General Partners/Shareholder Allocation, calculations/schedules-includes integration up to date.
• Complete & Review Fund set-up, Security set-up and investor set-up in accounting systems and complete data integration up to date.
• Manage work allocation among the team and ensure back up and BCP plans are in place.
• Liaising with Onshore team, clients and Auditors on various requirements

Skills Required

• Having extensive experience in understanding the Private Equity & Real Assets Structures.
• Experience working in Fund Accounting, NAV calculation and Financial Statement preparation of Private Equity/Real Estate/Hybrid Funds.
• Analytical and Creative thinking, decision making, input seeking, logical thinking, solution finding and challenge assumptions. Should be able to adapt / manage to the challenging situations and providing the desired solution
• Experience in Transition of PERE and Hybrid Funds from onshore locations
• Team Management Experience and problem-solving skills
• Good work experience in Bank debt and loan debt instruments with other Closed-Ended instruments
• Worked on onboarding new clients and develop reporting templates for the clients
• Attention to detail and ability to work on multiple projects
• Good Experience in handling the client relationships and should be good in written and oral communication.
• Relevant Experience – Minimum 9 years of experience preferably into PERE and Hybrid Funds

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 https://apexgroup.com/csr-policy/

If you are looking to take that next step in your career and are ready to work for a high performing organisation, alongside talented people who take pride in delivering great results, please submit your application (with your CV, cover letter and salary’s expectations) to our dedicated email address: [email protected]

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.