Central Administration and Depositary Oversight Officer

Apex Group Ltd (UK Branch); Valencia; Hybrid; EUR 42,000 - 56,000; Full time

Benefits offered by this job

Private health insurance

Hybrid Working model

27 working days holiday + public hols

Professional development opportunities

CPD and study guidance programs

Diverse, global team environment

Job summary

FundRock, a leading UCITS management company, seeks a Central Administration & Oversight Officer in Valencia. You will oversee fund administration activities, monitor NAV production, and ensure regulatory compliance across the funds platform.

Work with internal teams and external service providers to review reporting, escalate risks, and drive service excellence in a dynamic international environment. Strong analytical and communication skills are essential.

Qualifications

• Academic background in accounting or finance.
• 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 with client focus.
• Ability to work under own initiative.
• Ability to multi-task and stay driven.
• Knowledge of Microsoft Office suite.
• Fluent English written and spoken; additional languages are a plus.

Responsibilities

• Perform controls on NAV production and KPI data provided by the Fund Administrator.
• Investigate and escalate potential risks.
• Oversee Lux-GAAP, IFRS accounting, and NAV oversight, including fee and distribution controls.
• Review fund budgets, invoices, and TER plausibility.
• Assess late trading and market timing for regulatory compliance.
• Identify risk impacts on NAV and contribute to resolutions.
• Review internal and external reports and documents.
• Report to management on operational risk assessments.
• Maintain service calls with providers until issues are resolved.
• Assist in restructuring and aligning services to future client/regulatory needs.
• Strive for high quality in all client services.

Skills

Analytical skills

Communication skills

Fluent English

Initiative

Multi-tasking

Risk awareness

Education

Accounting/Finance/Economics degree

Tools

Microsoft Office

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 upscale potential risks, review financial and regulatory reporting, and help drive service excellence across our funds platform. This is an exciting opportunity for a detail-oriented professional looking to develop their expertise in fund oversight, operational risk management, and investment fund operations within a dynamic international environment.

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

At Apex Group, we are committed to creating a diverse and inclusive workplace. In Spain, this includes our obligation under the LGD to ensure that people with disabilities are represented within our teams. If you have a recognised disability (≥33%), we welcome your application and will provide reasonable adjustments throughout the recruitment process.

As a vital team member and in return for your expertise, inclusive approach and commitment, we'll provide a favourable salary and the chance to join a passionate and welcoming team. 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.