Associate Level 1

CO_AFATI Apex Fund Services LLP; Bengaluru; Hybrid; INR 800,000 - 1,100,000; Full time

Job summary

Apex Group is hiring a Private Equity Fund Accounting Associate in Bengaluru for a hybrid role. The position involves reviewing NAVs, fund accounting tasks, and coordinating with global client teams to ensure accurate financial reporting.

The role requires experience with PE funds, NAV calculation, and financial statement preparation, with opportunities to work across APAC/UK/US regions and to enhance processes within a global finance team.

Qualifications

• Minimum of two years of experience, preferably in PERE and Hybrid Funds.
• Experience handling audit requirements and ad hoc client requirements in fund accounting.
• Good conceptual knowledge of accounting principles and financial statement preparation.
• Experience in Fund Accounting, NAV calculation and Financial Statement preparation.

Responsibilities

• Review Capital Call and distribution workings, notices, and releases to respective investors.
• Handle migration of Hybrid and PERE Funds from onshore locations independently and ensure SLA targets are met.
• Identify and implement process improvement techniques to improve process efficiency and team productivity.

Skills

Fund accounting

NAV calculation

Financial reporting

Audit coordination

Accounting principles

Tools

Investran

eFront

Macro-enabled workbooks

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.

Do you have Fund Accounting experience, and are you seeking a new job in Bengaluru? Apex Group is looking for a Private Equity Fund Accounting Associate, and the hybrid role comes with an attractive salary and benefits package. This full-time hybrid role comes with a favourable salary and the chance to join a progressive company. The successful PEFA - Associate candidate will join the Fund Services team and closely work with Clients and Client Service Managers based in the APAC/UK/US region to perform duties related to the administration of Private Equity Funds. You will review and sign off the NAV and Financials of the Private Equity and Hybrid Funds, including recording Journal Entries, preparing monthly/Quarterly/Annual Financials, processing payments, preparing investor notices and various client reporting.

Responsibilities

• Review Capital Call and distribution workings, notices, and releases to respective investors
• Handle migration of Hybrid and PERE Funds from onshore locations independently and ensure SLA targets are met
• Identify and implement process improvement techniques to improve process efficiency and team productivity

Your primary PEFA - Associate duties and responsibilities include:

Requirements

• To apply for this Private Equity Fund Accounting role, you will need a minimum of two years of experience, preferably into PERE and Hybrid Funds.
• Experience working on Investran, eFront and Macro-enabled workbooks
• Experience handling audit requirements and ad hoc client requirements in fund accounting
• Good conceptual knowledge of accounting principles and financial statement preparation
• Experience working in Fund Accounting, NAV calculation and Financial Statement preparation

Benefits

• You will receive an excellent salary and benefits package for your knowledge, expertise and flexibility.
• Benefits As a truly global business, we tailor benefits to each location to safeguard our people and respect local cultures and ways of working.
• Join our global network, and you will benefit from education support, sponsorship and in-house training programs.

Apex Group Ltd ("Apex" or "the Group"), established in Bermuda in 2003, is a global financial services provider. With over 80 offices worldwide and 12,000 employees in 38 countries, Apex delivers an expansive range of services to asset managers, financial institutions, private clients, and family offices. Apex's purpose is to be more than just a financial services provider. The Group is committed to driving positive change to address three core areas: the environment and climate change, women's empowerment and economic independence, and education and social mobility. Life at Apex isn't just about the work you do. It's about embracing the culture and loving what you do. Every employee plays a part in making Apex who we are today, and the more we grow, the more important that becomes. The international nature of our business and global network of offices means that there are opportunities to broaden your life experiences and take short-term or permanent relocation options.

About Apex Group We are dedicated to driving positive change in financial services while fuelling the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the asset serving industry through our investment in innovation and talent. Today, we set the pace in asset servicing and stand out for our unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals. We’re a people-powered business, and our people are full of ambition. Together, we’re inspired to lead the new era of data and tech enabled service. Bringing new products and services to market. Sharpening our client focus. Disrupting the market to exceed expectations. Innovating across a range of specialisms. With our focus on making a difference to our people, our planet and our society, you’ll experience more here than you would at most other companies. Prepare to accelerate. We’re a people-powered business with a vision to inspire a new era of service-led FinTech. We’re expanding globally and offering more to our clients. This means you get more opportunities to grow with us. So prepare to accelerate. We’ll make sure the time and effort you put in takes you further, faster. Positive change starts with you. We’re a people-powered business with a vision to inspire a new era of service-led FinTech. We’re expanding globally and offering more to our clients. This means you get more opportunities to grow with us. So prepare to accelerate. We’ll make sure the time and effort you put in takes you further, faster. The journey is yours to own. When you stretch yourself, you grow. We want you to explore ways of working that will see you thrive as part of something bigger. We’ll help you with a solid structure, challenging projects, vibrant networks, supportive colleagues and approachable leaders. All the things you need to own your unique journey.