Associate – Hedge Fund Accounting – Night Shift

Associate – Mutual Fund Accounting

Bangalore/Hyderabad/Pune/Mumbai/Kolkata– India

The successful candidate will join the Fund Services team as a Mutual 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 Mutual

Reporting

The position reports to AVP – Mutual 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 Mutual 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
• Reviewing pricing of the portfolio and analysing the pricing exceptions if any. 
• Reviewing the corporate actions booked in the system and ensuring that the same is correctly reflected in the books. Dividends/Interest Reconciliation with Broker reports
• Responsible for accruing/amortizing 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.
• Effective communication with clients on daily reporting of Estimates/NAVs/Query resolutions.
• Checking that all OTC products traded by the client have been booked correctly.
• Booking of Capital Activities of the fund.
• Finalizing the month end NAV of the client and providing Investor Level Allocation reports at month-end.
• 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.
• Support operations on projects related to Automations/Work migrations/Conversions etc.
• Coordinating with Internal/External Stake holders such as Securities/Trades and Pricing Team, Reporting Team, Investor Services team, Auditors, Client Service Managers and Clients.

• Post graduate in Commerce, MBA Finance, CA/CMA/CFA
• 0-4 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

Additional information

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependants, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences.

We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet.

For more information on our commitment to Corporate Social Responsibility (CSR)) please visit https://theapexgroup.com/csr-policy/