Fund Accountant

TravelCenters of America; Mumbai; On-site; INR 600,000 - 900,000; Full time

Job summary

Apex Group Ltd (UK Branch) is seeking a Fund Accountant in Mumbai to manage portfolio activities, including trades, fees and forex, with precise valuation and investor allocations. You will perform daily cash/trade reconciliations and contribute to NAV calculations for hedge funds, ensuring accuracy and timely client deliverables.

The role requires 2–3 years of Fund Accounting experience, strong accounting knowledge, and proficiency in MS Office.

Qualifications

• 2–3 years of Fund Accounting experience.
• Proficiency in accounting knowledge and MS Office.
• Strong accounting principles and hedge fund reconciliations.
• Excellent organizational skills.
• Ability to work independently and as part of a team.

Responsibilities

• Process and capture portfolio activities including trades, fees, corporate actions and forex with detailed valuation and investor allocation reconciliation.
• Perform daily cash/trade/market value reconciliations.
• Validate and justify reconciliation breaks for NAV at fund level.
• Update Monthly Factsheets on client database.
• Review and prepare hedge fund NAVs on a monthly basis.
• Analyze portfolio pricing and pricing exceptions.

Skills

Analytical skills

Detail oriented

Time management

Communication skills

Teamwork

Independent work

Interpersonal skills

Tools

MS Office (Excel, Word & PPT)

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

Experience

Experienced (2-3yrs) as an Fund Accountant or similar role.

Proficiency in accounting knowledge and MS Office (Excel, Word & PPT).

Skills

Strong attention to detail and accuracy.

Excellent organizational and time management skills.

Strong communication and interpersonal skills.

Ability to work independently and as part of a team.

Other Requirements

Strong accounting knowledge/ principles.

Basic understanding of Hedge Fund Industry and Reconciliations

Ability to handle sensitive and confidential information.

Fund Accounting Essential Skills

• Analytical skills
• Detail oriented and organized
• Accounting concepts and computation skills
• Written and oral communication skills
• Problem solving skills

Fund Accounting Roles & Responsibilities

Responsible for processing and capturing various portfolio activities such as trades, fees, corporate actions and forex into the system with detailed Valuation and Investor Allocation Reconciliation with admin data.

Responsible for daily reconciliations- Cash/Trade/Market value Reconciliation.

Ensures all reconciliation breaks ( Cash & Trades) are validated and justified for each calculated NAV at Fund level.

Updating and Uploading Monthly Factsheet on the Client Database as per client deliverables

Responsible to review/prepare the NAVs of the hedge fund clients on Monthly basis.

Reviewing pricing of the portfolio and analysing the pricing exceptions if any.