Assistant Vice President - Hedge Funds

Apex Group; Bengaluru, Pune District; Hybrid; INR 2,400,000 - 3,600,000; Full time

Job summary

Apex Group seeks an AVP – Hedge Fund Accounting to join our Fund Services team in Bangalore/Pune, India. The role involves daily NAV calculation, cash/position reconciliations, and close collaboration with Europe/Singapore/US clients.

You should have 9+ years in hedge fund administration, a finance degree (M.Com/CA/MBA), and strong Excel, communication, and leadership skills. The position offers global exposure and growth within a expanding global business.

Qualifications

• 9–12 years in hedge fund administration or related industry experience.
• M.com/CA/MBA – Finance/CFA required.
• Familiarity with Paxus is a major plus.
• Strong Excel and analytical skills.
• Excellent communication and interpersonal abilities.

Responsibilities

• Plan, schedule and manage daily workflows of client deliverables.
• Review/prepare NAVs of hedge fund clients daily/monthly.
• Prepare cash/position/market value reconciliations and resolve breaks.
• Review pricing and pricing exceptions; book corporate actions and dividends/interest reconciliations.
• Accrue/amortize daily or monthly management and other fees.
• Process non-automated transactions including OTC derivatives.
• Communicate with clients on daily NAVs, estimates, and resolutions.
• Ensure OTC products are booked correctly and capital activities are recorded.
• Finalize month-end NAV and investor-level allocation reports.
• Support audits and financial statement preparation; participate in automation projects.
• Coordinate with internal/external stakeholders across regions.

Education

M.com/CA/MBA – Finance/CFA

Tools

Paxus

Job description

## Assistant Vice President - Hedge FundsApply: Pune - Baner: Bangalore - North: Full time: Posted Today: End Date: December 31, 2026 (30+ days left to apply): JR-0027104The 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 youAVP - Hedge Fund Accounting Bangalore/Pune/ – India *Shift Timings- Based on Business Requirements* The successful candidate will join the Fund Services team as an AVP – Fund Accounting and will be closely working with Client Service Managers based in Europe/Singapore/US regions in connection with the performance of duties related to the administration of Alternative Funds. Candidate should have around 9 plus years of relevant experience in the Administration of Hedge Funds and NAV calculations. Reporting The position reports to VP – Hedge Fund Accounting About Apex The Apex Group is a global financial services provider with 10,000 staff across 50+ offices globally. We look to recruit bright, articulate and numerate employees who are not afraid of a challenge and are prepared to work hard and love what they do. Every employee plays a part in making Apex who we are today and the more that we grow, the more important that becomes. Whatever your career path or specialism Apex provides a global platform to allow you to thrive. Job Specification * Planning, scheduling and managing the daily workflows of all client deliverables within the team.* Responsible to review/prepare the NAVs of the hedge fund clients on a daily/Monthly basis.* Prepare Cash/Position/Market Value Reconciliations and resolving breaks. Notify Clients/CSMs of valid breaks. If break are due to an erroneous or missing transaction in Accounting system, then make necessary adjustments* Reviewing pricing of the portfolio and analysing the pricing exceptions if any.* Reviewing the corporate actions booked in the system and ensuring that the same is correctly reflected in the books. Dividends/Interest Reconciliation with Broker reports* Responsible for accruing/amortizing daily or monthly non-security related Fee accruals including management fees and financing accruals.* Process non-automated transactions including OTC derivatives and their related cash movements.* Effective communication with clients on daily reporting of Estimates/NAVs/Query resolutions.* Checking that all OTC products traded by the client have been booked correctly.* Booking of Capital Activities of the fund.* Finalizing the month end NAV of the client and providing Investor Level Allocation reports at month-end.* Providing support in Audits for funds in the preparation on financial statements. Complete audit reviews and ensure identified issues are documented and tracked to closure.* Support operations on projects related to Automations/Work migrations/Conversions etc.* Support global changes in Key operating procedures and implementation.* Coordinating with Internal/External Stake holders such as Securities/Trades and Pricing Team, Reporting Team, Investor Services team, Auditors, Client Service Managers and Clients.* Effectively monitoring deliverables to ensure high SLA compliance within set accuracy standards.Skills Required * Experience working with an investment management or finance-related firm.* Good knowledge of the investment industry with 9-12 Years in Hedge Fund administration or related industry experience.* M.com/CA/MBA – Finance/CFA* Familiarity with Paxus is a major plus.* An ability to think critically and objectively.* Experience with general ledger accounting and, with demonstrated attention to detail and accuracy, analytical, technical, organizational, and problem solving skills.* Proficiency in advanced Excel functions.* Excellent communication and inter-personal skills.* Work additional hours as needed.* Team management* Performance appraisal* People growth and developmentWhat 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