Senior Fund Account Manager

Advanced Search; Manama; On-site; BHD 60,000 - 120,000; Full time

Benefits offered by this job

Unique growth opportunities

Working with dynamic team

Training and development opportunities

Exposure to senior management

Job summary

The Apex Group in Bahrain seeks a senior fund administrator to join the Real Estate Fund Administration team. You will maintain client relationships and coordinate NAV calculations, regulatory reporting, audit preparation, and onboarding for real estate funds.

This role requires extensive fund administration experience, IFRS/GAAP knowledge, and leadership to guide staff while improving processes and controls. You will liaise with auditors and ensure compliance across deliverables.

Qualifications

• Professional accounting qualification with strong academic background.
• 10+ years of real estate fund administration experience.
• Familiar with IFRS, UK, Lux, US GAAP.
• Ability to meet deadlines and work under pressure.
• Strong interpersonal and written communication skills.
• Ability to multi-task and handle complex issues.
• Self-starter with initiative.
• Proficient in Word, Excel, and Excel Macros.
• Experience in managing people is a plus.
• Knowledge of eFront is advantageous.
• Able to present financial data with analysis.

Responsibilities

• Ensure NAV calculations are reviewed and delivered on time.
• Onboard new funds and coordinate onboarding.
• Attend meetings discussing NAV, financial statements and deliverables.
• Calculate and process capital calls and distributions.
• Maintain SSAE 18 and ISAE 3402 controls.
• Respond to client enquiries per service standards.
• Ensure regulatory compliance and fund specifications.
• Review payments and regulatory reports.
• Interact with auditors and respond to audit queries.
• Monitor administration fees and debtors.
• Drive process improvements and cross-team collaboration.
• Lead and train staff, provide performance feedback.
• Perform investor AML risk assessments and due diligence.
• Review FATCA/CRS returns and filing process.
• Act as senior client contact.
• Align with Apex Code of Conduct and Client Charter.

Skills

Accounting qualification

Real estate fund admin

IFRS/UK/Lux/US GAAP

Deadline driven

Interpersonal skills

Written communication

Multi-tasking

Problem solving

Self-starter

Excel/macros

People management

eFront knowledge

Financial data presentation

Education

Professional accounting qualification

Tools

eFront

Excel

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 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 successful applicant will be part of the Apex Fund Administration service offering, performing, and providing fund administration services to real estate funds. The individual will maintain client relationships; take responsibility for coordination of NAV calculation, regulatory reporting, audit preparation, new business take-on and due diligence requirements of the company. The individual will also manage the coordination of regulatory reporting, audit preparation, review and timely delivery of reports. This is an exciting role for someone who is determined to get involved in all aspects of fund administration.

Role responsibilities:

• Ensuring NAV calculations are reviewed and delivered by the agreed delivery timeframes along with any other client specific reporting requirements
• Operational onboarding of new and take on funds
• Attendance of meetings where NAV calculations, financial statements and other deliverables are discussed
• Calculation and processing of fund capital calls and distributions
• Ongoing implementation and refinement of SSAE 18 and ISAE 3402 controls
• Ensuring client enquiries are answered in accordance with Apex's service standards on an ongoing basis
• Ensuring compliance with regulatory requirements and other requirements of the funds' specifications
• Review and authorisation of payments via bank portals
• Review of financial statements and related regulatory reports
• Ability to deal with auditors (external and internal), manage and respond to audit queries
• Monitoring of administration fee payments and chasing of debtors
• Ensuring best practices are adopted and improving processes to gain efficiencies
• Managing and training staff whilst providing feedback on their performance
• Perform investor AML-related risk assessments and due diligence checks
• Perform periodic review of investor AML/LYC files
• Review FATCA/CRS returns and oversee filing process
• Act as the senior point of contact with clients both internal and external
• Manage the expectations of clients, seeking and acting on client feedback
• Add value to client account planning
• Promote new ideas and services by applying knowledge of the industry/sector to create client value
• Continually identify improvements and implement efficient ways of working
• Create opportunities for cross team collaboration
• Act in accordance with the Apex Code of Conduct
• Deliver the Apex Client Charter

Skills required

• Holds a professional accounting qualification with a strong academic background
• At least 10+ years' relevant experience in real estate fund administration role
• Knowledge of accounting standards i.e. IFRS, UK, LUX, US GAAP
• Ability to work to and meet agreed deadlines
• Excellent interpersonal and written communications skills
• Ability to multi-task and work in a pressurised environment
• Capacity to problem-solve and ability to deal with complex issues
• Ability to work independently with minimum supervision/guidance
• Must be a self-starter and willing to take initiative
• Strong PC skills including Word, Excel and Macros in Excel
• Experience in managing people will be considered an asset
• Knowledge of eFront will be considered an advantage
• Able to present financial and business data to clients adding own analysis and expertise

What you will get in return

• A genuinely unique opportunity to be part of an expanding large global business
• Working with a strong and dynamic team
• Training and development opportunities
• Exposure to all aspects of the business, cross-jurisdiction and to working with senior management directly

Additional information

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic status, responsibilities for dependants, physical or mental disability. Any hiring decisions are made on the basis of skills, qualifications and experience. We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet.