Central Administration and Depositary Oversight Officer

CO_FNDRSP FundRock LIS SA Spain Branch; Comunidad Valenciana; On-site; EUR 40,000 - 60,000; Full time

Benefits offered by this job

Private health insurance

Hybrid Working model

27 working days holiday + publichols

Job summary

FundRock is seeking a Central Administration & Oversight Officer in Valencia to oversee fund administration activities, monitor NAV production, and ensure regulatory and operational compliance. You will collaborate with internal teams and service providers to conduct controls and escalate risks as needed.

The role emphasizes oversight of NAV calculation, TER, and fee controls, with a focus on accuracy and timely reporting within Lux-GAAP & IFRS frameworks. Fluency in English is required.

Qualifications

• Academic background in Accounting/Finance/Economics or comparable studies.
• Ideally first professional experience in fund accounting, depositary services or audit.
• Knowledge of UCITS, AIFMD and fund regulatory requirements.
• Excellent communication, analytical and critical thinking skills with high client orientation.

Responsibilities

• Perform controls on the NAV production process via KPI/NAV data review.
• Investigate and escalate potential risks identified in fund administration.
• Oversee accounting – Lux-GAAP/IFRS, NAV calculation, fee and distribution controls.
• Monitor budgets, invoices plausibility and Total Expense Ratio (TER).
• Assess late trading / market timing and performance fees for regulatory compliance.
• Escalate issues affecting net asset value and support resolution.
• Prepare internal and external reports and management on operational risk.

Skills

Accounting/Finance knowledge

English fluency

Communication

Analytical thinking

Critical thinking

Education

Accounting/Finance/Economics degree

Tools

Microsoft Office

Excel

Word

PowerPoint

Job description

FundRock is a Pan-European leading independent UCITS management company and AIFM (Alternative Investment Fund Manager). Our clients are established blue-chip companies and leaders in their domestic market. We invest in our people, enabling you to develop your skills and build on your experience. If you like the idea of working for an ambitious and growing company, as part of a multicultural team, we are the place for you.

Role: Central Administration and Oversight Officer Department: Central Administration and Depositary Oversight Role Location: Valencia Employment Type: Permanent

Role Summary

As a Central Administration & Oversight Officer you will play a vital role in overseeing fund administration activities, monitoring NAV production, and ensuring compliance with regulatory and operational standards. Working closely with internal teams and external service providers, you will perform key oversight and fund accounting controls, identify and escalating potential risks where identified.

Key Responsibilities

• Perform controls on the NAV production process, via review of KPI data and / or NAV key figures, provided by the Fund Administrator.
• Investigating and escalating potential risks where identified.
• Day to day plausibility controls of accounting of investment funds mostly based on Lux-GAAP & IFRS, incl. oversight on NAV calculation, fee / performance fee and distribution controls.
• Frequent controls on funds budget, the plausibilisation of invoices and the Total Expense Ratio (TER).
• Perform frequent assessments on late trading / market timing, materiality thresholds and performance fees, to ensure the funds are always compliant with valid laws and regulations.
• Anticipate potential risk and impact on the net asset value calculation, elevate issues and contribute to resolution of problems.
• Reviewing and preparing various internal and external reports and documents.
• Report to management on operational risk assessment.
• Maintain regular service calls and follow-up with service providers regarding any issues raised until resolution.
• Assist in developing measures to restructure and align Management Company services to meet future client, regulatory and business needs.
• Achieve high quality in all services provided to clients.

Skills & Experience needed

• Academic background in Accounting/Finance/Economics or comparable studies.
• Ideally first professional experience in the area of (fund) accounting, depositary services or audit.
• Basic knowledge of European Regulator Investment Products, UCITS, AIFMD and Fund regulatory requirements.
• Excellent communication, analytical and critical thinking skills with high client and service orientation.
• Ability to work under own initiative.
• Ability to multi-task, highly motivated, driven and focused with a desire for new challanges.
• Knowledge of Microsoft Office, Excel, Word and PowerPoint.
• Fluent English (written and spoken); additional languages are considered an asset

What you will get in return

• Private health insurance
• Hybrid Working model
• 27 working days holiday + Public holidays
• Opportunities for professional development.
• Professional Development (CPD) and Study Guidance programs
• Positive and hospitable work environment.
• Opportunity to work with a diverse, agile and global team.
• Exposure to all aspects of the business and cross-jurisdiction.
• A genuinely unique opportunity to be part of an expanding large global business + more

Benefits

As a truly global business, we tailor benefits to each location to safeguard our people and respect local cultures and ways of working. Our people are our greatest asset, and we invest in talent development. Join our global network, and you will benefit from education support, sponsorship and in-house training programs.

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. Bringing new products and services to market. Sharpening our client focus. Disrupting the market to exceed expectations. Innovating across a range of specialisms. With our focus on making a difference to our people, our planet and our society, you’ll experience more here than you would at most other companies. Prepare to accelerate. We’re a people-powered business with a vision to inspire a new era of service-led FinTech. We’re expanding globally and offering more to our clients. This means you get more opportunities to grow with us. So prepare to accelerate. We’ll make sure the time and effort you put in takes you further, faster. Positive change starts with you. We’re a people-powered business with a vision to inspire a new era of service-led FinTech. We’re expanding globally and offering more to our clients. This means you get more opportunities to grow with us. So prepare to accelerate. We’ll make sure the time and effort you put in takes you further, faster. The journey is yours to own. When you stretch yourself, you grow. We want you to explore ways of working that will see you thrive as part of something bigger. We’ll help you with a solid structure, challenging projects, vibrant networks, supportive colleagues and approachable leaders. All the things you need to own your unique journey. Find out more about us