Open Ended Hedge Fund Accountant, AVP

OverviewThe Apex Group is a global financial services provider with 13,000 staff across 110+ offices. We recruit bright, articulate and numerate personnel who are prepared to work hard and love what they do. Apex provides internal training and evaluation to equip you to work with our clients, with opportunities for relocation and career growth. We are currently looking for an Associate Vice President (Account Manager) to support our growing operations in the Fund Administration department. This role requires excellent management of client deliverables.The Account Manager/AVP will work with a team of Account Managers, Senior Fund Accountants and Fund Accountants involved in NAV calculation, Shareholder Reporting and Compliance from the Dubai office, Apex Global Support Centers or other Apex locations. The role includes planning, scheduling and managing daily client deliverables and coordinating with Global Support Centers. It also involves taking part in the take-on process for new clients, including reviewing PPMs and agreements, setting up NAV reporting packages, and initial NAV calculations.Job ResponsibilitiesAssist in the NAV preparation and review process for Hedge Fund clients, including managing the entire processEnsure timely delivery of client-specific reporting requirementsPlan, schedule and manage daily workflows of all client deliverables within the teamReconcile investment portfolios, dividends and interest, corporate actions, and investor capital activityUnderstand and apply performance fee calculations, including management and related feesCoordinate with Apex support centers as requiredAccrue/amortize daily or monthly non-security related fee accruals (management, performance, and financing)Prepare/review subscription and redemption packs and communicate with investorsPrepare and review financial statements; liaise with auditors and manage the audit processEnsure timely preparation of distribution calculations and tax statements; liaise with fund tax advisorsMonitor and review client paymentsRespond to client inquiries in line with Apex service standardsEnsure regulatory and fund-specific complianceSupport SSAE 18 control implementation with internal and external auditorsAdditional ResponsibilitiesActively cross-sell Apex services to clientsDevelop and optimize global client relationships, offerings, productivity and profitabilityEnsure adherence to documented procedures and policiesSupport integration of large fund administration mandates; work on ad hoc internal/global projectsBe the first point of contact for internal/external audit, tax returns and compliance queriesFacilitate information flow between Senior Management and OperationsSkills Required / Qualifications7-9 years’ experience in a similar role with the above functionsAbility to meet deadlines and work to agreed timelinesUnderstanding of US GAAP & IFRS reporting for various fund structuresKnowledge of complex fund structures and fund accounting; ability to act as SMEStrong PC skills (Word, Excel, Macros in Excel); Paxus experience is an advantageEducational qualifications: M.com/MBA – Finance/CFA; ACCA/CA is an advantageKnowledge of financial securities (Equity, Bonds, Futures, Options, Sukuks, CDS, CFDs) and accounting treatmentCommercial awareness and client service focusLeadership and supervisory experience; strong organizational and communication skillsAbility to automate processes and familiarity with KYC/AML requirementsExperience with Paxus is a major plus; strong problem-solving and multitasking abilitiesWillingness to work additional hours and perform under pressureWhat you will get in returnA genuinely unique opportunity to be part of an expanding large global businessOpportunities for personal and professional developmentAdditional informationWe 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 status, responsibilities for dependants, physical or mental disability. Hiring decisions are made on the basis of skills, qualifications and experience.We measure our success as a business not only by delivering great products and services, and increasing assets under administration and market share, but also by how we positively impact people, society and the planet.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.#J-18808-Ljbffr