Verified Job
Accounting - Finance
Hedge Fund Accounting
Accounting - Finance
#635339
Remote / WFH
Job Description
The Apex Group is a leading provider of fund administration and middle office solutions. Our unique ability to reach globally, service locally, and provide cross-jurisdictional services sets us apart in the industry.
With over 13,000 employees across 112 offices worldwide, our hard-working team has successfully delivered on an unprecedented growth and transformation journey.
We empower our employees to supercharge their skills and experience, providing the support they need to be at the top of their game.
Our business is built on innovation and disruption, turning big ideas into bold, industry-changing realities.
Job Description
The successful candidate will join the Fund Services team as a Hedge Fund Accountant, working closely with Client Service Managers based in Asia, Europe, and US regions.
• Review and prepare NAVs of hedge fund clients on a daily and monthly basis.
• Prepare cash position market value reconciliations and resolve breaks.
• Notify clients and CSMs of valid breaks and make necessary adjustments.
• Review pricing of the portfolio and analyze pricing exceptions.
• Review corporate actions booked in the system and ensure accurate reflection in the books.
• Accrue daily or monthly non-security related fee accruals.
• Process non-automated transactions, including OTC derivatives and cash movements.
• Effectively communicate with clients on daily reporting and estimate NAVs.
• Check all OTC products traded by the client have been booked correctly.
• Book capital activities of the fund and finalize month-end NAVs.
• Provide investor-level allocation reports and support audits for funds.
• Support global changes in key operating procedures and implementation.
Skills Required:
• Experience working with an investment management or finance-related firm.
• Good knowledge of the investment industry with 5-15 years in Hedge Fund administration or related industry experience.
• Familiarity with Paxus is a major plus.
• Critical thinking and objective decision-making skills.
• General ledger accounting experience with attention to detail and accuracy.
• Technical, organizational, and problem-solving skills.
• Proficiency in advanced Excel functions.
• Excellent communication and interpersonal skills.
With over 13,000 employees across 112 offices worldwide, our hard-working team has successfully delivered on an unprecedented growth and transformation journey.
We empower our employees to supercharge their skills and experience, providing the support they need to be at the top of their game.
Our business is built on innovation and disruption, turning big ideas into bold, industry-changing realities.
Job Description
The successful candidate will join the Fund Services team as a Hedge Fund Accountant, working closely with Client Service Managers based in Asia, Europe, and US regions.
• Review and prepare NAVs of hedge fund clients on a daily and monthly basis.
• Prepare cash position market value reconciliations and resolve breaks.
• Notify clients and CSMs of valid breaks and make necessary adjustments.
• Review pricing of the portfolio and analyze pricing exceptions.
• Review corporate actions booked in the system and ensure accurate reflection in the books.
• Accrue daily or monthly non-security related fee accruals.
• Process non-automated transactions, including OTC derivatives and cash movements.
• Effectively communicate with clients on daily reporting and estimate NAVs.
• Check all OTC products traded by the client have been booked correctly.
• Book capital activities of the fund and finalize month-end NAVs.
• Provide investor-level allocation reports and support audits for funds.
• Support global changes in key operating procedures and implementation.
Skills Required:
• Experience working with an investment management or finance-related firm.
• Good knowledge of the investment industry with 5-15 years in Hedge Fund administration or related industry experience.
• Familiarity with Paxus is a major plus.
• Critical thinking and objective decision-making skills.
• General ledger accounting experience with attention to detail and accuracy.
• Technical, organizational, and problem-solving skills.
• Proficiency in advanced Excel functions.
• Excellent communication and interpersonal skills.
