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Apex Group

Fund Accountant

Posted 9 Hours Ago
Be an Early Applicant
Remote
Hiring Remotely in GIFT City, Gāndhīnagar, Gujarāt, IND
Mid level
Remote
Hiring Remotely in GIFT City, Gāndhīnagar, Gujarāt, IND
Mid level
The Fund Accountant will manage daily workflows, prepare NAV calculations, handle performance fees, ensure compliance, and support regulatory reporting, while mentoring team members.
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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

Job Title: Fund Accounting / NAV Specialist – AIF Cat II (GIFT City)Key Responsibilities
  • Plan, schedule, and manage daily workflows for all client deliverables within the team.
  • Prepare and review NAV calculations for AIF Category II funds on a daily, monthly, and quarterly basis.
  • Finalize month-end NAV and generate Investor-level allocation reports.
  • Handle performance fee calculations, including series and equalization accounting.
  • Ensure smooth execution of all operational activities including:
    • Daily journal entries
    • Management fee calculations
    • Investment valuation
    • Financial and investor reporting
    • Ad hoc reporting
  • Review and analyze portfolio pricing in line with IFSCA/SEBI guidelines and investigate pricing exceptions.
  • Manage accruals/amortization for non-security-related items (management fees, financing costs, etc.).
  • Communicate effectively with clients on NAVs, estimates, and query resolution.
  • Book and review capital activity transactions.
  • Ensure compliance with IFSCA/SEBI regulations for close-ended funds.
  • Meet all SLAs for daily, weekly, monthly, and quarterly deliverables.
  • Design and maintain process checklists to ensure accuracy and timeliness.
  • Support regulatory reporting and audit requirements, including financial statement preparation.
  • Contribute to projects such as automation, work migrations, and system conversions.
  • Lead team activities including performance management, mentoring, and development.
Required Skills & Qualifications
  • Strong experience in Alternative Investment Funds (Category II) and GIFT City funds.
  • In-depth knowledge of valuation across asset classes:
    • Equity, derivatives, debt, bonds, debentures, and unlisted securities
  • Strong understanding of:
    • Performance and management fee calculations
    • Equalization and waterfall models
  • Educational background: M.Com / CA / MBA (Finance) / CFA
  • Experience with fund accounting systems like Efront, Allvue, or Paxus (preferred).
  • Solid knowledge of general ledger accounting with attention to detail and accuracy.
  • Advanced proficiency in MS Excel.
  • Excellent communication and interpersonal skills (client-facing role).
  • Strong analytical, organizational, and problem-solving abilities.
  • Flexible to work extended hours when required.
  • Experience in team management 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.

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