Associate 2

Apex Group Ltd; Gandhinagar; On-site; INR 900,000 - 1,300,000; Full time

Job summary

The Apex Group seeks an experienced Fund Accountant in India to lead NAV preparation, reconciliations and client deliverables for AIF Category II funds.

You will review daily and periodic NAV calculations, perform management and performance fee calculations, and ensure accuracy of journal entries, valuations and financial reporting while adhering to SEBI and IFSCA rules. You will collaborate with clients and mentor junior staff.

Qualifications

• Experience in AIF Category II funds and GIFT fund accounting.
• Knowledge of valuation methods for equity, debt, bonds, derivatives, and unlisted securities.
• Experience with management and performance fees, equalization, and waterfall calculations.
• Familiarity with SEBI/IFSCA regulations for close-ended funds.
• Fund accounting, NAV prep, financial reporting, and GL accounting.
• Advanced Microsoft Excel skills.
• Knowledge of EFront, Allvue, Paxus preferred.
• Strong analytical, communication, and client management skills.

Responsibilities

• Manage and oversee daily workflows, NAV prep, reconciliations, and client deliverables for AIF Category II funds.
• Review and finalize Daily/Monthly/Quarterly NAV calculations and investor allocation reporting.
• Perform and review management fee, performance fee, equalization, series accounting, and waterfall calculations.
• Ensure accurate booking of journal entries, capital activities, valuations, accruals, and financial reporting.
• Review portfolio pricing and valuation per SEBI and IFSCA regulations.
• Prepare and review investor reports, financial statements, and ad hoc client reporting.
• Ensure compliance with regulatory requirements and adherence to all service level agreements (SLAs).
• Liaise directly with clients for NAV reporting, query resolution, and ongoing operational support.
• Support audits, regulatory filings, process improvements, automation initiatives, and work migrations.
• Lead, mentor, and develop team members while driving performance and operational excellence.

Skills

AIF Category II

GIFT fund accounting

Valuation methodologies

Performance and management fees

SEBI/IFSCA regulations

Fund accounting & NAV reporting

Excel

EFront/Allvue/Paxus

Client management

Education

CA / CFA / MBA (Finance) / M.Com

Tools

Excel

EFront

Allvue

Paxus

Job description

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

Key Responsibilities

• Manage and oversee daily workflows, NAV preparation, reconciliations, and client deliverables for AIF Category II funds.
• Review and finalize Daily/Monthly/Quarterly NAV calculations and investor allocation reporting.
• Perform and review management fee, performance fee, equalization, series accounting, and waterfall calculations.
• Ensure accurate booking of journal entries, capital activities, valuations, accruals, and financial reporting.
• Review portfolio pricing and valuation in line with SEBI and IFSCA regulations.
• Prepare and review investor reports, financial statements, and ad hoc client reporting.
• Ensure compliance with regulatory requirements and adherence to all service level agreements (SLAs).
• Liaise directly with clients for NAV reporting, query resolution, and ongoing operational support.
• Support audits, regulatory filings, process improvements, automation initiatives, and work migrations.
• Lead, mentor, and develop team members while driving performance and operational excellence.

Required Skills & Experience

• Strong experience in Alternative Investment Funds (AIF Category II) and GIFT Fund Accounting.
• In-depth knowledge of valuation methodologies for equity, debt, bonds, debentures, derivatives, and unlisted securities.
• Expertise in performance fee, management fee, equalization accounting, and waterfall calculations.
• Sound understanding of SEBI and IFSCA regulations applicable to close-ended funds.
• Experience in fund accounting, NAV preparation, financial reporting, and general ledger accounting.
• Advanced proficiency in Microsoft Excel.
• Knowledge of EFront, Allvue, or Paxus is preferred.
• Excellent analytical, communication, and client management skills.

Qualification

• CA / CFA / MBA (Finance) / M.Com
• Relevant experience in AIF Fund Accounting and team management.

Why Join Us?

• Opportunity to work with complex alternative investment structures.
• Direct client exposure and leadership responsibilities.
• Involvement in automation, transformation, and strategic initiatives within fund operations.