Apex Group UAE | Account Manager

Responsibilities

• Provide technical support to the Fund Accounting team to ensure all aspects of the hedge fund's books and records are accurate and meet industry and regulatory standards.
• Perform risk assessment to ensure resourcing for the support of both the current client base and potential future growth is adequate.
• Assess knowledge and skill set of the team to set coverage ensuring that there is a match of technical and client knowledge.
• Act as a partner to the client to develop their business in a controlled way and meet all industry and regulatory requirements.
• Develop and manage a team of fund accountants. This will include knowledge development, performance review and control.
• Assist in developing the controls and procedures of fund accounting group.
• Provide Accounting solutions to Hedge Funds for independent valuation, investor transparency and regulatory compliance.
• Review calculation of daily Net Asset Values (NAV's).
• Review accounting functions including P&L analysis, daily cash projections, calculations of FX transfers required for funding, checking client's contributions & redemptions.
• Verify performance by reviewing large P&L swings and analysing income/expense journals for validity.
• Perform and review position and value reconciliations. Identify and resolve all breaks.
• Review and reconcile general ledger exceptions.
• Responsible for ensuring accuracy of non-security related income and expenditure.
• Ensure corporate actions are accounted for accurately.
• Perform month end control processes, producing a month end control pack and sign off including review of control packs prepared by members of the team.
• Review investor level allocations of income and expenses.
• Develop relationship with auditors for the preparation of year-end Financial Statements and provision of data to auditors.
• Identify and implement process changes to enhance efficiency.
• Take the lead and we’ll give you the support you need to be at the top of your game.

Requirements

• Experience: 7–10+ years in Hedge Fund Accounting, including team leadership and NAV review.
• Strong technical fund accounting, controls, client & auditor management, people leadership.

Apex Group UAE

Apex Group UAE is an employer hiring in India (sector: BFSI / Investments / Insurance). In its own words: "We are your single source financial solution provider."

Its finance, accounts, audit and tax openings in India are mostly in Abu Dhabi.

• Industry: BFSI / Investments / Insurance