Senior Fund Account Manager - Real Estate

CO_AFSBHN Apex Fund Services (Bahrain) WLL; Manama; On-site; BHD 60,000 - 120,000; Full time

Job summary

Apex Group is seeking a Vice President - Real Estate, Fund Administration to oversee real estate fund administration, client relationships and regulatory reporting. The role requires coordinating NAV calculations, onboarding new funds, and ensuring timely, accurate reporting across SSAE 18/ISAE 3402 controls.

You will manage audits, responses to queries, and drive continuous process improvements. Based in Bahrain, the role offers strategic leadership within a global, expanding asset-servicing

Qualifications

• Holds a professional accounting qualification with strong academic background.
• 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 handle complex issues.
• Independent worker with initiative; self-starter.
• Strong PC skills including Word, Excel, Macros.

Responsibilities

• Coordinate NAV calculations and ensure delivery within agreed timeframes.
• Onboard new funds and oversee regulatory reporting requirements.
• Attend meetings discussing NAV calculations and financial statements.
• Calculate and process capital calls and distributions.
• Maintain SSAE 18/ISAE 3402 controls and client enquiries.
• Review payments, financial statements, and regulatory reports.
• Interact with auditors and respond to audit queries.
• Monitor administration fees and debtors; drive process improvements.
• Lead and train staff; oversee AML-related risk assessments.

Education

Professional accounting qualification

Tools

eFront

Job description

Vice President - Real Estate, Fund Administration

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.

• Location: Bahrain
• Department: Fund Administration
• Employment Type: Full-time

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.

• 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 practice 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 my 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, responsibilities for dependants, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences.

About Apex Group

We are dedicated to driving positive change in financial services while fuelling the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the asset serving industry through our investment in innovation and talent. Today, we set the pace in asset servicing and stand out for our unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals. We’re a people-powered business, and our people are full of ambition. Together, we’re inspired to lead the new era of data and tech enabled service.

Find out more about us

Find out more about us