Hedge Fund Accountant

Hedge Fund Accounting

Bangalore / Pune / – India

Shift Timings- Based on Business Requirements

The successful candidate will join the Fund Services team as Senior Associate & AVP – Fund Accounting and will be closely working with Client Service Managers based in Europe / Singapore / US regions in connection with the performance of duties related to the administration of Alternative Funds. Candidate should have around 9 plus years of relevant experience in the Administration of Hedge Funds and NAV calculations.

Reporting

The position reports to AVP & VP – Hedge Fund Accounting

About Apex

The Apex Group is a global financial services provider with 10,000 staff across 50+ 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

• Planning, scheduling and managing the daily workflows of all client deliverables within the team.
• Responsible to review / prepare the NAVs of the hedge fund clients on a daily / Monthly basis.
• Prepare 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
• Reviewing pricing of the portfolio and analysing the pricing exceptions if any.
• Reviewing the corporate actions booked in the system and ensuring that the same is correctly reflected in the books. Dividends / Interest Reconciliation with Broker reports
• Responsible for accruing / amortizing daily or monthly non-security related Fee accruals including management fees and financing accruals.
• Process non-automated transactions including OTC derivatives and their related cash movements.
• Effective communication with clients on daily reporting of Estimates / NAVs / Query resolutions.
• Checking that all OTC products traded by the client have been booked correctly.
• Booking of Capital Activities of the fund.
• Finalizing the month end NAV of the client and providing Investor Level Allocation reports at month-end.
• Providing support in Audits for funds in the preparation on financial statements. Complete audit reviews and ensure identified issues are documented and tracked to closure.
• Support operations on projects related to Automations / Work migrations / Conversions etc.
• Support global changes in Key operating procedures and implementation.
• Coordinating with Internal / External Stake holders such as Securities / Trades and Pricing Team, Reporting Team, Investor Services team, Auditors, Client Service Managers and Clients.
• Effectively monitoring deliverables to ensure high SLA compliance within set accuracy standards.

Skills Required

Skills Required

General Ledger Accounting, M.Com, Cma, Geneva, Cfa, Ca