Apex Group India | Senior Associates

Key duties and responsibilities

• Prepare periodic primary statements, namely – P&L account, Balance sheet, Cash-Flows & notes as appropriate in multiple GAAPs, primarily in IFRS and US GAAP.
• Prepare management accounts on monthly, quarterly, and annual basis.
• Analysis of bank transactions and processing / reviewing on accounting software / Excel.
• Perform day-to-day, general ledger accounting, Trial Balance finalization and financial analysis for assigned entities and functional areas.
• Review payroll accounting, posting/ review journal entries & VAT/FCA calculations/returns.
• Prepare & monitor cash, capital, dividend movements, FX calculations, provisions, reserves, and multi-currency revaluations.
• Prepare & review bank transactions, invoices, expenses, journals, accruals, prepayments, fixed assets, and revaluations.
• Perform and review AP, AR, bank, and intercompany reconciliations; resolve variances and aged outstanding items.
• Coordinate with onshore teams to manage deliverables and meet reporting deadlines.
• Coordinate audit requests and prepare audit support documentation and function as the point of contact for auditors.

Requirements

• Ability to understand and resolve queries raised by onshore colleagues, clients, and auditors.
• Strong knowledge of IFRS, US GAAP, and regulatory requirements are preferred.
• Proficiency in ERP systems, financial reporting tools, and advanced Microsoft Excel.undefinedundefinedStrong accounting knowledge, understanding of journal entries & accounting principles.
• Strong analytical, problem-solving, and attention-to-detail skills.
• Excellent written and verbal communication skills.
• Proficiency in Microsoft Excel and Word.
• Knowledge of capital markets, derivatives, private equity, and hedge funds.
• Exposure to work on multiple GAAPs, multiple jurisdictions, end-to-end accounting services of Corporates.

Apex Group

Set up in 2003 with its first office in Bermuda, Apex Group was founded by Peter Hughes and works for allocators, asset managers, family offices, corporates and financial institutions. Its services include fund administration and middle office work, transfer agency, depositary and custody, corporate and management company services, banking, regulatory and compliance support, and ESG services through its Holtara business. The group's India operation was founded in 2008 and has grown to offices in Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, Navi Mumbai, Pune and Gandhinagar. In 2021 Apex became one of the first global fund administrators approved to operate in GIFT City, where it now has an office.

Much of Apex's finance work in India is fund accounting for hedge funds, closed-ended funds, private equity and real asset funds, with roles from fund accountant up to supervisor and senior account manager. Other finance roles cover financial reporting from associate to vice president (including Workiva implementation), middle office, corporate accounting, global payments, tax, regulatory services and transfer agency. Postings usually ask for a B.Com, M.Com or MBA (Finance), and many name CA, CMA, CFA, CPA or ACCA; some roles are open to CA or CMA freshers.

• Industry: Financial services for funds and asset managers: fund administration, middle office, transfer agency, depositary, corporate and banking services
• Headquarters: Apex Group Ltd; founded in 2003 in Bermuda, where it opened its first office
• In India: India operation since 2008, with offices in Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, Navi Mumbai, Pune and Gandhinagar (including GIFT City)