Fund Accountant - Financial Reporting and Compliance

Fund Accountant - Closed Ended

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

Core Responsibilities

Accounting & Financial Reporting

• Prepare quarterly and annual financial statements under IFRS and US GAAP.
• Record and reconcile journal entries for capital calls, distributions, management fees, and carried interest.
• Maintain general ledger integrity and ensure accurate posting of transactions.
• Perform bank reconciliations, portfolio valuations, and NAV calculations.

Compliance & Standards

• Apply IFRS and US GAAP principles consistently across all fund accounting activities.
• Ensure compliance with fund governing documents and side letter obligations.
• Support regulatory reporting requirements (Form PF, Annex IV) and assist with investor tax packs.

Audit Support

• Prepare audit schedules and respond to auditor queries promptly.
• Maintain proper documentation for all accounting entries and reconciliations.

Process & Controls

• Follow established internal controls and contribute to process improvements.
• Identify and escalate discrepancies or risks in accounting records.

Collaboration

• Work closely with Senior Fund Accountant and AVP to ensure timely deliverables.
• Coordinate with Investor Relations, Tax, and external administrators for accurate data flow.

Key Performance Indicators (KPIs)

• Accuracy: Zero material errors in financial statements and reconciliations.
• Timeliness: On-time completion of reporting cycles and audit deliverables.
• Compliance: Adherence to IFRS/US GAAP and internal control standards.

Qualifications & Experience

• Bachelor’s in accounting/finance; pursuing CPA/ACA is a plus.
• 2–4 years of experience in fund accounting or financial services.
• Strong knowledge of IFRS and US GAAP.
• Proficiency in accounting systems (Investran, eFront, Allvue) and MS Excel.

Competencies

• Technical Expertise: Solid understanding of accounting principles and IFRS standards.
• Attention to Detail: High accuracy in reconciliations and reporting.
• Analytical Skills: Ability to identify and resolve discrepancies.
• Team Collaboration: Works effectively with peers and stakeholders.

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.