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

The Role

• You will be responsible for the detailed review of the reconciliation and calculation of periodic (daily/weekly/monthly) net asset values of various funds;
• Reconciliation of investment portfolios, dividends and interest, corporate actions, and investor capital activity;
• Dealing with requests from and communicating with the investment manager and investors regarding all aspects of the accounts operation;
• Updating accounting and client relationship management systems, updating and verifying statistical information, preparing financial statements, and working with external auditors;
• Effective communication with clients on daily reporting of Estimates/NAVs/Query resolutions;
• You will be responsible for the oversight of fund accountants and their assigned relationships, ensuring timely and accurate NAV calculation along with any other client specific reporting requirements.
• Liaising with Investment Managers, Broker’s, Custodians and Investors on a daily basis;
• Providing support in Audits for funds in the preparation on financial statements. Complete audit reviews and ensure identified issues are documented and tracked to closure.
• Ensuring client enquiries are answered in accordance with Apex service standards on an ongoing basis;
• Ensuring compliance with regulatory requirements and other requirements of the funds specifications
• Ensuring compliance with all internal deadlines for reporting and MIS;
• Effectively monitoring deliverables to ensure high SLA compliance within set accuracy standards.
• Ensuring accurate internal revenue reporting;
• Planning, scheduling and managing the daily workflows of all client deliverables within the team;
• Supervision, training and recruitment of accounting staff;
• Ensure accurate delegation of work across your team;
• Ensure effective communication with colleagues and corresponding departments

Skills Required

• Good knowledge of the fund industry with 10 years of relevant experience in the administration of Hedge Fund/ NAV calculation or related industry experience.
• Experience with general ledger accounting and, with demonstrated attention to detail and accuracy, analytical, technical, organizational, and problem solving skills.
• Proficiency in advanced Excel functions
• Strong computers skills including Excel & Word
• Good familiarity with the Paxus accounting system is a major plus
• Excellent communication and inter-personal skills. Extensive know-how of team management
• Excellent attention to detail with strong organizational skills
• An ability to think critically and objectively
• The flexibility and willingness to work additional hours as needed
• Minimum University degree in Accounting, Finance, Business or Economics or ACCA/ICAEW Qualification

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.