Assistant Vice President

Apex Group Ltd (India Branch); Gandhinagar; On-site; INR 3,500,000 - 5,200,000; Full time

Job summary

Apex Group Ltd (India Branch) is seeking an experienced funds accounting professional to plan, review, and manage NAVs and reconciliations for AIF Category III funds. You will also handle corporate actions, regulatory support, and client reporting, while driving process improvements and automation initiatives.

The role requires 8+ years of hands-on experience in AIF Cat III and domestic mutual funds operations, advanced Excel skills, and strong communication with clients and internal teams.

Qualifications

• 8+ years hands-on experience in AIF Category III and Domestic Mutual Funds operations.
• Strong knowledge of valuation across equity, derivatives, debt, bonds, debentures, and unlisted securities.
• Expertise in performance fee calculations, equalization, and series-based accounting.
• Advanced Excel skills with strong analytical and problem-solving abilities.
• Excellent communication and interpersonal skills for direct client interaction.
• Ability to work extended hours during peak periods.
• Experience in team management.

Responsibilities

• Plan, schedule, and manage daily workflows for client deliverables within the team.
• Review and prepare daily/monthly NAVs for AIF Category III funds.
• Prepare and resolve cash, position, and market value reconciliations; communicate valid breaks to Clients/CSMs.
• Pass accounting adjustments for erroneous or missing transactions.
• Review portfolio pricing as per IFSCA/SEBI guidelines, including pricing exception analysis.
• Review and validate corporate actions; ensure dividends and interest reconcile with broker statements.
• Accrue and amortize management fees, financing accruals, and other non‑security-related fee items (daily/monthly).
• Process non‑automated transactions including OTC derivatives and related cash movements.
• Record capital activities of the fund.
• Communicate daily estimate/NAV reports and resolve client queries promptly.
• Finalize month-end NAV and prepare investor-level allocation reports.
• Demonstrate understanding of performance fee calculations, series accounting, and equalization.
• Support regulatory reporting requirements as per IFSCA guidelines.
• Assist auditors by preparing/reviewing financial statements and supporting documentation.
• Contribute to automation, workflow migration, and system conversions.
• Support global enhancements in operational procedures and assist with successful implementation.
• Coordinate with multiple internal and external teams, including Reporting, Investor Services, Auditors, Client Service Managers, External Clients.

Skills

AIF Category III familiarity

Domestic mutual funds operations

Valuation across securities

Performance fee calculations

Equalization

Series-based accounting

Advanced Excel

Communication & interpersonal skills

Team management

Client interaction

8+ years experience

Tools

Paxus

General ledger accounting platforms

Job description

• Plan, schedule, and manage daily workflows for client deliverables within the team.
• Review and prepare daily/monthly NAVs for AIF Category III funds.
• Prepare and resolve cash, position, and market value reconciliations; communicate valid breaks to Clients/CSMs.
• Pass accounting adjustments for erroneous or missing transactions.
• Review portfolio pricing as per IFSCA/SEBI guidelines, including pricing exception analysis.
• Review and validate corporate actions; ensure dividends and interest reconcile with broker statements.

Accounting & Transaction Processing

• Accrue and amortize management fees, financing accruals, and other non‑security-related fee items (daily/monthly).
• Process non‑automated transactions including OTC derivatives and related cash movements.
• Record capital activities of the fund.

Client Communication & Reporting

• Communicate daily estimate/NAV reports and resolve client queries promptly.
• Finalize month‑end NAV and prepare investor‑level allocation reports.
• Demonstrate strong understanding of performance fee calculations, series accounting, and equalization.

Regulatory & Audit Support

• Support regulatory reporting requirements as per IFSCA guidelines.
• Assist auditors by preparing/reviewing financial statements and supporting documentation.

Projects & Process Improvements

• Contribute to initiatives related to automation, workflow migration, and system conversions.
• Support global enhancements in operational procedures and assist with successful implementation.

Stakeholder Management

• Coordinate with multiple internal and external teams, including:
• Reporting
• Investor Services
• Auditors
• Client Service Managers
• External Clients

Skills & Qualifications

• 8+ years of hands‑on experience in AIF Category III and Domestic Mutual Funds operations.
• Strong knowledge of valuation across equity, derivatives, debt, bonds, debentures, and unlisted securities.
• Expertise in performance fee calculations, equalization, and series-based accounting.
• Advanced Excel skills with strong analytical and problem‑solving abilities.
• Excellent communication and interpersonal skills for direct client interaction.
• Ability to work extended hours during peak periods.
• Experience in team management.

Good to Have

• Familiarity with Paxus (major advantage).
• Experience with general ledger accounting platforms.