Account Manager - Fund Accounting

CO_AFSIL Apex Fund Services (Ireland) Limited; Cork; On-site; EUR 70,000 - 90,000; Full time

Job summary

Apex Group is seeking a Manager - Fund Accounting in Ireland to lead fund accounting for Private Equity and hybrid structures. You will review NAV calculations, oversee governance, and coordinate with investment managers, auditors, and investors to ensure accurate reporting.

Strong supervision, communication, and technical skills with Paxus experience preferred will help you succeed in a fast-growing, client-focused team.

Qualifications

• 2-3 years of fund accounting experience, including supervision.
• Experience with general ledger accounting.
• Excellent communication and interpersonal skills.
• University degree in accounting, finance, business or economics preferred.
• Paxus experience would be advantageous.

Responsibilities

• Detailed review of the reconciliation and calculation of periodic NAVs for PE and Open ended funds.
• Waterfall calculations and carry/mgmt. fee reviews.
• Dealing with requests from and communicating with the investment manager and investors regarding all aspects of the account’s operation.
• Updating accounting and client relationship management systems, verifying statistics, overseeing financial statements and coordinating with external auditors.
• Review of fee structures calculation at each NAV (carry and mgmt. fee).
• Review of regulatory reporting and client reporting requirements.
• Oversight of outsourced offices and their relationships, ensuring timely NAV calculation and reporting.
• Liaise with Investment Managers, Auditors, Brokers, Custodians, and Investors.
• Ensuring compliance with regulatory requirements and internal deadlines for reporting and MIS.
• Supervision, training, and recruitment of accounting staff.

Skills

Team leadership

Attention to detail

Excellent communication

Problem solving

Education

Accounting/Finance degree

Tools

Excel

Word

Paxus

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 Manager - Fund Accounting The successful applicant should have relevant experience in the administration of Private Equity and Hybrid Structures. You will have a proven knowledge of the fund industry and should have demonstrated experience in a similar role. Experience working on Paxus would also be highly beneficial for this position.

Responsibilities

• Detailed review of the reconciliation and calculation of periodic net asset values of various PE and Open ended funds, including: Capital/income distribution workings
• Waterfall calculations
• Dealing with requests from and communicating with the investment manager and investors regarding all aspects of the account’s operation
• Updating accounting and client relationship management systems, updating, and verifying statistical information, oversee financial statements preparation, and working with external auditors
• Review of fee structures calculation at each NAV i.e carry and mgmt. fee calculation
• Review of respective regulatory reporting
• Oversight of outsourced office and their assigned relationships, ensuring timely and accurate NAV calculation along with any other client specific reporting requirements
• Liaise with Investment Managers, Auditors, Broker’s, Custodians, and Investors frequently
• Ensuring client enquiries are answered in accordance with Apex service standards on an ongoing basis
• Ensuring compliance with regulatory requirements and other requirements of the fund’s specifications
• Ensuring compliance with all internal deadlines for reporting and MIS
• Ensuring accurate internal revenue reporting
• Supervision, training, and recruitment of accounting staff
• Ensure effective communication with colleagues and corresponding departments

Skills

• At least 2-3 years extensive fund accounting experience including supervision of teams
• Experience with general ledger accounting
• Strong computer skills including Excel & Word
• Proficiency in advanced Excel functions desirable
• Excellent communication and inter-personal skills
• Excellent attention to detail with strong organizational skills
• An ability to think critically and objectively
• The flexibility and willingness to work additional hours as needed
• University degree - accounting, finance, business, or economics preferred (or overseas equivalent)
• Paxus experience would be advantageous

What you will get in return

• A genuinely unique opportunity to be part of an expanding large global business
• Exposure to all aspects of the business, cross-jurisdiction and to working with senior management directly

Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.

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