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
- Plan, schedule, and oversee the daily workflow of all client deliverables within the team.
- Review and/or prepare daily and monthly NAVs for AIF Category III funds.
- Prepare Cash, Position, and Market Value reconciliations; investigate and resolve breaks, communicate valid breaks to Clients/CSMs, and post necessary adjustments for accounting discrepancies.
- Review portfolio pricing as per IFSCA/SEBI guidelines and analyse pricing exceptions.
- Review corporate actions and ensure accurate reflection in the accounting system, including reconciliation of dividends and interest with broker reports.
- Accrue and amortize non‑security-related fee accruals (management fees, financing accruals) on a daily or monthly basis.
- Process non‑automated transactions, including OTC derivatives and associated cash movements.
- Communicate effectively with clients regarding daily reporting, NAV estimates, and query resolutions.
- Record and verify capital activities of the fund.
- Finalize month‑end NAVs and prepare investor-level allocation reports; demonstrate strong understanding of performance fee calculations, series accounting, and equalization.
- Support preparation, review, and completion of regulatory requirements as per IFSCA guidelines.
- Assist in fund audits and preparation of financial statements.
- Contribute to operational projects such as automation initiatives, migrations, and conversions.
- Support global updates to key operating procedures and ensure successful implementation.
- Coordinate effectively with internal and external stakeholders including Securities/Trades, Pricing, Reporting, Investor Services teams, Auditors, CSMs, and Clients.
- Monitor deliverables to ensure high SLA adherence and maintain accuracy standards.
- Prior experience and strong understanding of Alternative Investment Funds (Category III) and domestic mutual funds.
- Solid knowledge of valuation across asset classes such as equities, derivatives, debt, bonds, debentures, and unlisted securities as per SEBI/IFSCA guidelines.
- Strong understanding of performance fee calculations, series‑based accounting, and equalization methods.
- Educational background: M.Com / CA / MBA (Finance) / CFA.
- Familiarity with Paxus is highly advantageous.
- Experience with general ledger accounting with high attention to detail, accuracy, and analytical ability.
- Strong proficiency in advanced Excel functions.
- Excellent communication and interpersonal skills with confidence in direct client interactions.
- Ability to work additional hours when required.
- Experience in team management, including performance appraisals, coaching, 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.
