Manager- Middle Office

CO_AFATI Apex Fund Services LLP; Maharashtra; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

Apex Group is expanding in India to provide fund administration and middle office services. You will oversee daily client deliverables, perform reconciliations, and price investment positions while ensuring accuracy and timely reporting.

Ideal candidates have 12+ years in finance, strong Excel and stakeholder communication, and experience with hedge/fund reconciliation. Autonomy and collaboration across teams are essential.

Qualifications

• Post graduate in Commerce or finance with 10+ years in middle office & reconciliation.
• Experience in hedge/fund reconciliation and break resolution.
• Familiarity with Calypso or Paxus is a major plus.

Responsibilities

• Plan, schedule and manage daily workflows for client deliverables.
• Review reconciliations and sign off to clients.
• Price investment positions daily/monthly and reconcile cash/PNL.
• Coordinate with internal/external stakeholders and maintain high SLA.

Skills

Investment management experience

Fund accounting

FX reconciliation

PNL analysis

Excel advanced

Attention to detail

Communication skills

Team management

Education

M.Com/CA/MBA Finance/CFA

Tools

Calypso/Paxus

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.

Key duties and responsibilities

• Planning, scheduling and managing the daily workflows of all client deliverables within the team.
• Responsible to review/prepare the Middle Office Reconciliations 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.
• Review Reconciliation and provide sign off to client.
• 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.
• Independently price the Investment positions on a daily & monthly basis.
• Responsible for accruing/amortizing daily or monthly non-security related Fee accruals.
• Review the PNL before delivering the report to client.
• Process non-automated transactions including OTC derivatives and their related cash movements.
• Effective communication with clients on daily reporting of Reconciliation/Query resolutions.
• Checking that all OTC products traded by the client have been booked correctly.
• 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.
• Team management
• Performance appraisal
• People growth and development

Skills Required

• Experience working with an investment management or finance‑related firm.
• Experience working in Fund Accounting area especially on FX or PNL.
• Good knowledge of the investment industry with minimum 12 Years of experience.
• M.com/CA/MBA – Finance/CFA.
• Familiarity with Calypso/Paxus is a major plus.
• An ability to think critically and objectively.
• Experience with reconciliation and break resolution 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.

Qualification and Experience

Post graduate in Commerce, MBA Finance, CA/CMA/CFA10-14 Years’ experience in Middle Office & Hedge/Mutual Fund reconciliation and break resolution experience.

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. Find out more about us