Assistant Vice President

Apex Group Ltd (UK Branch); Gandhinagar; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Apex Group Ltd (UK Branch) in Gandhinagar, India seeks an experienced senior operations professional to oversee NAV calculations, valuations, and regulatory reporting for AIF Category III and domestic mutual funds. The role requires leadership of cross-functional teams and strong client interaction skills.

You will drive process improvements, support audits, and coordinate with global stakeholders to ensure accurate, on-time deliverables.

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 & 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 managing teams.

Responsibilities

• Plan, schedule, and manage daily workflows for client deliverables within the team.
• Review and prepare NAVs for funds; reconcile cash, position, and market value.
• Support regulatory reporting and assist auditors with financial statements.
• Coordinate with multiple teams and ensure high SLA compliance across deliverables.
• Contribute to automation, workflow migration, and system improvement projects.
• Communicate daily estimates and investor reports and resolve client queries.

Skills

AIF Category III

Domestic Mutual Funds

Valuation

Performance fee calculations

Excel

Communication skills

Team management

Extended hours

Tools

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

Daily Operations & NAV Oversight

• 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/missing transactions.
• Review portfolio pricing as per IFSCA/SEBI guidelines, including pricing exception analysis.
• Review and validate corporate actions; ensure dividends/interest match broker statements.

Accounting & Transaction Processing

• Accrue and amortize management fees, financing accruals, and non-security 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.
• Strong understanding of performance fee calculations, series accounting, and equalization.

Regulatory & Audit Support

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

Projects & Process Improvements

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

Stakeholder Management

• Coordinate with multiple teams:
  • Securities/Trades & Pricing
  • Reporting
  • Investor Services
  • Auditors
  • Client Service Managers
  • External clients
• Ensure high SLA compliance and accuracy across deliverables.

Skills & Qualifications

Must‑Have

• 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 & 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 managing teams.

Good to Have

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