Account Manager - Fund Accounting

TravelCenters of America; Dublin; On-site; EUR 70,000 - 95,000; Full time

Job summary

Apex Group in Ireland is seeking a Closed Ended Account Manager with strong fund accounting experience, including NAV review for private equity funds and waterfall calculations.

You will liaise with investment managers, auditors, brokers, custodians and investors, oversee outsourced offices and staff, and ensure timely reporting in line with regulatory requirements. Geneva/Investran experience would be advantageous; a university degree in accounting, finance, business or economics is preferred.

Qualifications

• Experience in auditing or administration of Private Equity funds.
• Proven knowledge of the fund industry.
• Geneva/Investran experience would be highly beneficial.
• University degree in accounting, finance, business or economics.
• Strong communication and attention to detail.

Responsibilities

• Review reconciliation and calculation of periodic NAVs for PE funds.
• Handle capital/income distribution workings.
• Perform waterfall calculations.
• Communicate with investment managers and investors regarding account operations.
• Update accounting and CRM systems, verify information, oversee statements.
• Review fee structures calculation at NAV (carry and mgmt. fees).
• Oversee outsourced offices and ensure timely NAV accuracy.
• Liaise with investment managers, auditors, brokers, custodians, and investors.
• Ensure compliance with regulatory requirements and internal deadlines.
• Supervision, training, and recruitment of accounting staff.

Skills

Fund accounting

Supervision

Communication

Attention to detail

Analytical thinking

Education

Bachelor's degree in accounting/finance

Tools

Excel

Word

Geneva

Investran

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

Apex Group - Closed Ended Account Manager

Apex Fund Services Ireland

The successful applicant should have relevant experience in the auditing or administration of Private Equity funds. You will have a proven knowledge of the fund industry and should have demonstrated experience in a similar role. Experience working on Geneva/Investran would also be highly beneficial for this position.

Responsibilities

• You will be responsible for the detailed review of the reconciliation and calculation of periodic net asset values of various PE 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

• You will be responsible for the 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 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)

• Geneva/Investran experience would be advantageous

• Knowledge of Luxembourg domiciled structures also an advantage

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.