Fund Accountant

Apex Group Ltd; Manama; On-site; BHD 18,000 - 36,000; Full time

Job summary

The Apex Group Ltd in Bahrain seeks an experienced Fund Accountant to coordinate administration for a dedicated client group within our global fund services platform. You will review NAV files, annual financial statements, capital calls and distributions, and support audit processes while maintaining high standards of regulatory compliance.

The role requires 5–10 years in fund accounting, a professional degree in accounting or finance, and strong multitasking, organizational and communication

Qualifications

• Detailed understanding of Private Equity and other close ended fund structures and the fund administration industry.
• Detailed understanding of regulatory requirements.
• 5-10 years’ experience in fund accounting and a professional degree in accounting or finance.
• Ability and desire to work to tight deadlines.
• Ability to multi-task and manage projects.
• Excellent interpersonal skills to develop working relationships with colleagues, clients, other stakeholders.
• Excellent organizational skills.
• Excellent communication skill.

Responsibilities

• Review NAV files for Private Equity funds ensuring accuracy and regulatory compliance.
• Review annual financial statements.
• Calculate and process fund capital calls and distributions.
• Assist in audit process for assigned relationships.
• Investor onboarding including AML/KYC documents review.
• Collaborate with staff and ensure client deliverables are met.
• Ensure consistency and accuracy of assigned relationships.
• Submit regulatory filings on behalf of clients.
• Interact with clients, fund directors and other relevant parties.

Skills

Private Equity knowledge

Regulatory requirements

Multitasking

Deadline driven

Interpersonal skills

Organizational skills

Communication skills

5-10 years fund accounting

Education

Accounting or Finance degree

Job description

The Apex Group was established in Bermuda in 2003 and is now one of the world’s largest fund administration and middle office solutions providers.

Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide. Your career with us should reflect your energy and passion.

That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience.

Take the lead and we’ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.

For our business, for clients, and for you

The Role & Key Responsibilities:

The principal responsibility for the position is the coordination and management of all administration functions relating to a specific group of clients. Responsibilities will include:

• Review of Net Asset Valuation (NAV) files for a variety of Private Equity funds, ensuring their accuracy and compliance with fund governing and regulatory procedures
• Review of annual financial statements
• Calculation and processing of fund capital calls and distributions
• Assist in the preparation and completion of the audit process for assigned relationships
• Investor onboarding including AML/KYC documents review
• Assist in staff collaboration and ensure that client deliverables are being met
• Responsible for the consistency and accuracy of assigned relationships
• Submission of regulatory on behalf of clients
• Regular interaction with clients, fund directors and other relevant parties
• Assist management with MIS reporting Skills Required:
• A detailed understanding of Private Equity and other close ended fund structures and the fund administration industry
• A detailed understanding of regulatory requirements
• 5-10 years’ experience in fund accounting and a professional degree in accounting or finance
• An ability and desire to work to tight deadlines
• An ability to multi-task and manage projects
• Excellent interpersonal skills to develop working relationships with colleagues, clients, other stake holders
• Excellent organisational skills
• Excellent communication skill