Senior Fund Accountant

Apex Group; Toronto; Hybrid; CAD 114,000 - 128,000; Full time

Benefits offered by this job

4 days in-office

Job summary

Apex Group is hiring a Funds Administrator in Toronto. The role includes asset setup and maintenance, reconciling cash and positions, and coordinating with brokers, custodians, and internal teams to deliver accurate reporting.

Four days in office are required, with a discretionary annual bonus based on performance. The position offers exposure to private equity funds and complex accounting structures within a global provider.

Qualifications

• Bachelor’s degree in Accounting or Finance.
• Knowledge of Fund Administration and Private Equity Funds.
• CPA/MBA/Master’s Degree is an advantage.
• Ability to work towards and meet deadlines.
• Paxus, Geneva, Investran, eFront or Allvue experience would be an advantage.
• Prior experience with incentive fees, waterfall distributions, allocations, financial statements and/or subsequent closes is a plus.
• Highly organized and motivated with acute attention to detail.
• Self-starter who volunteers for new opportunities and projects.
• Ability to manage complex accounting structures.
• Excellent interpersonal and written communications skills.

Responsibilities

• Perform and coordinate a variety of administrative duties and tasks including asset setup and maintenance.
• Liaise with 3rd party brokers, custodians and agents, process notices and corporate actions.
• Enter and settle trades as required; prepare and assist with reports for internal teams.
• Ensure timely reporting and reconcile cash/positions; address aged breaks and discrepancies.
• Develop relationships with clients to understand needs and coordinate with internal teams to meet targets.
• Support the Middle Office Manager and help roll out training for direct reports.

Skills

Accounting

Finance

Fund Administration

Private Equity Funds

CPA/MBA advantage

Deadline oriented

Investran

eFront

Allvue

Interpersonal skills

Written communication

Education

Bachelor’s degree in Accounting/Finance

Tools

Paxus

Geneva

Investran

eFront

Allvue

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

Job Description

The Role & Key Responsibilities:

• Responsibilities include, but are not limited to performing and coordinating a variety of administrative duties and tasks including.
• Asset setup
• Asset Maintenance and reconciliation
• Liaising with 3rd party brokers/custodians/agents
• Processing agent notices
• Processing corporate actions
• Entering and settling trades as required
• Preparing and assisting with various reports required by internal teams
• Other duties assigned by Management.
• Cash/Position Reconciliation: Responsibilities include, but are not limited to performing and coordinating a variety of reconciliation duties and tasks including
• Preparing daily reconciliation of cash transactions
• Preparing daily reconciliation of Apex/Client positions
• Ensuring aged breaks (over 7 days) are addressed and escalated
• Processing and reconciling data in various systems
• Actively researching discrepancies with various agents and internal teams
• Preparing and ensuring all Reporting is issued within the required timeframes
• Preparing and assisting with various reports required by internal teams
• Other duties assigned by Management
• Develop a relationship with a given set of Clients to ensure their needs are being addressed and liaising with all relevant internal teams to ensure that targets are met, and the Clients receive a high level of service
• Support Middle Office Manager:
• Providing support for assigning duties and work delegation
• Roll out training and development plans to direct reports and new joiners.

Skills Required:

• Bachelor’s degree in Accounting/Finance required
• Knowledge of Fund Administration and Private Equity Funds
• CPA/MBA/Master’s Degree is an advantage
• Ability to work towards and meet agreed deadlines
• Paxus, Geneva, Investran , eFront or Allvue experience would be an advantage
• Prior experience with incentive fees, waterfall distributions, allocations, financial statements and/or subsequent closes is a plus
• Highly organized and motivated individual with an acute attention to detail
• Self-starter who volunteers for new opportunities and projects
• Ability to manage complex accounting structures
• Excellent interpersonal and written communications skills

We pride ourselves in our commitment to fostering a connected and inclusive culture, all our opportunities at Apex have Four (4) days in office requirement.

Salary ranges from USD $80,000.00 – USD $90,000.00 plus additional discretionary yearly bonus based on corporate and individual’s performance. Compensation within this range is dependent on individual’s skills, experience and qualifications.

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