Fund Accountant

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. Associate - Hedge Fund Accounting Location: Gift City Gandhinagar Shift Timings: Based on Business Requirements The successful candidate will join the Fund Services team as a Hedge Fund Accountant and will be closely working with Client Service Managers based in Middle East/Europe/Singapore/US regions in connection with the performance of duties related to the administration of Alternative Funds. Candidate should possess a good understanding about Capital Market, Derivatives, Corporate Actions, and Hedge Funds. Good knowledge in Accounting concepts and Financial Products are required. Reporting The position reports to AVP – Hedge Fund Accounting. About Apex The Apex Group is a global financial services provider with 3,000 staff across 40+ 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 Responsible to prepare/validate 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. Review pricing of the portfolio and analyse the pricing exceptions if any. Review corporate actions booked in the system and ensure they are correctly reflected in the books. Dividends/Interest Reconciliation with Broker reports. Accrue/amortise 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. Communicate effectively with clients on daily reporting of Estimates/NAVs/Query resolutions. Check that all OTC products traded by the client have been booked correctly. Book capital activities of the fund. Finalize the month‑end NAV of the client and provide Investor‑level allocation reports at month‑end. Provide support in audits for funds in the preparation of 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. Coordinate with internal/external stakeholders such as Securities/Trades and Pricing Team, Reporting Team, Investor Services team, Auditors, Client Service Managers and Clients. Skills Required Post‑graduate in Commerce, MBA Finance, CA/CMA/CFA. 2‑5 years of fund accounting experience. 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. #J-18808-Ljbffr