Middle Office Fund Accounting Analyst

Analyst - Middle Office

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

TeamFund Accounting

PositionAssociate Level 2

OverviewFund Accounting specialists are the backbone of a company's financial operations. They ensure processing fund related data by performing smooth reconciliations and delivering accurate NAV reports to the clients in timely manner.

Date of JoiningImmediate would be preferred.

QualificationsEducation

Master degree in Accounting, Finance, or a related field preferred.

Experience

Experienced (2-3yrs) as an Fund Accountant or similar role.

Proficiency in accounting knowledge and MS Office (Excel, Word & PPT).

Skills

 Strong attention to detail and accuracy.

 Excellent organizational and time management skills.

 Strong communication and interpersonal skills.

 Ability to work independently and as part of a team.

Other Requirements

 Strong accounting knowledge/ principles.

Basic understanding of Hedge Fund Industry and Reconciliations

 Ability to handle sensitive and confidential information.

Fund Accounting Fund Accounting Essential Skills
Analytical skills
Detail oriented and organized
Accounting concepts and computation skills
Written and oral communication skills
Problem solving skills

Fund Accounting Roles & Responsibilities

Responsible for processing and capturing various portfolio activities such as trades, fees, corporate actions and forex into the system with detailed Valuation and Investor Allocation Reconciliation with admin data.

Responsible for daily reconciliations- Cash/Trade/Market value Reconciliations.

Ensures all reconciliation breaks ( Cash & Trades) are validated and justified for each calculated NAV at Fund level.

Updating and Uploading Monthly Factsheet on the Client Database as per client deliverables

Responsible to review/prepare the NAVs of the hedge fund clients on Monthly basis.

Reviewing pricing of the portfolio and analysing the pricing exceptions if any.

Prepare Price Reconcilation between Internal Accounting system versus Custodian data feeds on monthly basis.

Ensuring NAV calculations are produced in a timely manner. Completeness of NAV packs including accurate report generation and timely delivery of these reports to clients.

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.