Associate level 3

theapexgroup; Bengaluru; On-site; INR 1,500,000 - 3,000,000; Full time

Job summary

The Apex Group in Bengaluru is seeking an experienced Fund Accountant to join our private equity accounting team. You will review journal entries, reconciliations, and financial statements, ensuring adherence to fund terms and reporting deadlines.

You will serve as SME for fund structures, waterfalls, and investor economics, coordinating with senior leadership on policy interpretation, and supporting system enhancements and staff training.

Qualifications

• 5+ years in private equity fund accounting or alternatives.
• Strong knowledge of US GAAP/IFRS, ASC 946/820, waterfall mechanics, and investor economics.
• Proficiency with PE accounting platforms (Investran, eFront, Allvue) and Excel.
• Excellent analytical and problem-solving skills.

Responsibilities

• Review journal entries, reconciliations, and financial statements prepared by analysts.
• Validate capital activity (calls, distributions, true-ups) and ensure compliance with fund terms.
• Perform variance analysis and resolve discrepancies before reporting deadlines.
• Ensure audit readiness by maintaining proper documentation and control adherence.
• Identify opportunities to streamline workflows and support system enhancements.

Skills

Private equity accounting

Analytical thinking

Problem solving

Communication

Education

Bachelor's/Master's in accounting/finance

CPA/ACA preferred

Tools

Investran

eFront

Allvue

Excel

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

Core Responsibilities

Review & Quality Assurance

• Review journal entries, reconciliations, and financial statements prepared by analysts.
• Validate capital activity (calls, distributions, true-ups) and ensure compliance with fund terms.
• Perform variance analysis and resolve discrepancies before reporting deadlines.
• Ensure audit readiness by maintaining proper documentation and control adherence.

Subject Matter Expertise & Product Knowledge

• Act as an SME for fund structures, investor economics, waterfalls, and carried interest calculations .
• Provide guidance on complex accounting treatments (equalizations, FX remeasurement, side letter economics).
• Support AVP/VP in interpretation of fund governing documents and application of accounting policies.

Accounting & Reporting

• Prepare and review quarterly and annual financial statements under US GAAP/IFRS.
• Assist in valuation processes and ensure accurate application of fair value principles.
• Support regulatory reporting (Form PF, Annex IV) and investor tax pack preparation.

Process Improvement & Automation

• Identify opportunities to streamline workflows and reduce manual touchpoints.
• Collaborate on system enhancements (Investran, eFront, Allvue) and automation initiatives.

Mentorship & Knowledge Sharing

• Coach junior accountants on technical accounting concepts and system usage .
• Conduct training sessions on fund structures, waterfall mechanics, and reporting standards.

Key Performance Indicators (KPIs)

• Accuracy: Zero material errors in reviewed deliverables.
• Timeliness: On-time completion of reviews and reporting cycles.
• SME Impact: Resolution of complex queries and successful knowledge transfer.
• Process Efficiency: Reduction in review turnaround time and manual adjustments.

Qualifications & Experience

• Bachelor's/master's in accounting/finance; CPA/ACA preferred.
• 5+ years in private equity fund accounting or alternatives.
• Strong knowledge of US GAAP/IFRS , ASC 946/820, waterfall mechanics, and investor economics.
• Proficiency in PE accounting platforms (Investran, eFront, Allvue) and Excel.
• Excellent analytical and problem-solving skills.