Apex Group India | Assistant Vice President 2

Responsibilities

• Planning, scheduling, and managing daily workflows for all client deliverables within the team.
• Reviewing and preparing NAVs for AIF Category III funds on a daily and monthly basis.
• Preparing Cash/Position/Market Value reconciliations and resolving breaks; notifying Clients/CSMs of valid breaks and making necessary accounting adjustments for missing/erroneous transactions.
• Reviewing portfolio pricing as per IFSCA/SEBI guidelines and analysing pricing exceptions, if any.
• Reviewing booked corporate actions and ensuring accurate accounting treatment; performing Dividends/Interest reconciliation with broker reports.
• Communicating effectively with clients regarding daily Estimates, NAV reporting, and query resolution.
• Booking capital activity transactions of the fund.
• Supporting preparation/review/completion of regulatory filings as per IFSCA guidelines.
• Supporting audits, including preparation of financial statements for funds.
• Assisting with automation initiatives, workflow migrations, conversions, and other operational projects.
• Supporting global updates in key operating procedures and ensuring smooth implementation.
• Coordinating with internal/external stakeholders such as Securities/Trades & Pricing teams, Reporting team, Investor Services, Auditors, Client Service Managers, and Clients.
• Monitoring deliverables to ensure high SLA compliance with accuracy and timeliness.
• Take the lead and we’ll give you the support you need to be at the top of your game.
• Processing non‑automated transactions such as OTC derivatives and related cash movements.
• Finalizing month‑end NAVs and preparing investor‑level allocation reports; well‑versed in performance fee calculations, series accounting, and equalization methodology.

Requirements

• 8+ years of experience with strong knowledge of Alternative Investment Funds (Category III) and Domestic Mutual Funds.
• In‑depth understanding of valuation for multiple asset classes: equity, derivatives, debt, bonds, debentures, and unlisted securities as per SEBI/IFSCA guidelines.
• Strong knowledge of performance fee calculations, series‑based accounting, and equalization.
• Experience with Paxus is a strong advantage.
• Strong general ledger accounting knowledge with high attention to detail, analytical ability, technical proficiency, organizational capability, and problem‑solving skills.
• Proficiency in advanced Excel functions.
• Excellent communication and interpersonal skills for direct client interactions.
• Team management experience, including performance appraisal and people development.

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)