Senior Associate - Fund Accounting (Bank Debt / Bank Loans)

Senior Associate - Fund Accounting

Bangalore/Pune / Kolkata – India

Shift Timings- Based on Business Requirements

The successful candidate will join the Fund Services team as a Hedge Fund Accountant and will be closely working with Client Service Managers based in Asia/Europe/US regions in connection with the performance of duties related to the administration of Alternative Funds. Candidate should have around 5 plus years of relevant experience in the Administration of Hedge Funds and NAV calculations.

Reporting

The position reports to AVP – Hedge 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

to review/prepare the NAVs of the hedge fund clients on a daily/Monthly basis.

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

pricing of the portfolio and analysing the pricing exceptions if any.

the corporate actions booked in the system and ensuring that the same is correctly reflected in the books. Dividends/Interest Reconciliation with Broker reports

for accruing/amortizing daily or monthly non-security related Fee accruals including management fees and financing accruals.

non-automated transactions including OTC derivatives and their related cash movements.

communication with clients on daily reporting of Estimates/NAVs/Query resolutions.

that all OTC products traded by the client have been booked correctly.

of Capital Activities of the fund.

the month end NAV of the client and providing Investor Level Allocation reports at month-end.

support in Audits for funds in the preparation on financial statements. Complete audit reviews and ensure identified issues are documented and tracked to closure.

operations on projects related to Automations/Work migrations/Conversions etc.

global changes in Key operating procedures and implementation.

with Internal/External Stake holders such as Securities/Trades and Pricing Team, Reporting Team, Investor Services team, Auditors, Client Service Managers and Clients.

Skills Required

Experience in Bank Loan is a must.

working with an investment management or finance-related firm.

knowledge of the investment industry with 5+ Years in Hedge Fund administration or related industry experience.

– Finance/CFA

with Paxus is a major plus.

ability to think critically and objectively.

with general ledger accounting and, with demonstrated attention to detail and accuracy, analytical, technical, organizational, and problem solving skills.

in advanced Excel functions.

communication and inter-personal skills.

additional hours as needed.