- Type
- Internship
- Experience
- 8+ years
- Education
- Master
- Source
- Workday
Description
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.
