Senior Analyst - HFA

CO_AFATI Apex Fund Services LLP; Pune District; On-site; INR 1,800,000 - 2,800,000; Full time

Job summary

Apex Group is seeking a Senior Associate for Hedge Fund Accounting in India (Bangalore/Pune). The role involves reviewing and preparing NAVs, reconciling cash/positions, and liaising with clients and internal teams to resolve breaks. Based on business needs, shift Timings may vary.

The ideal candidate will have 5+ years in hedge fund administration, strong Excel skills, and relevant finance qualifications. This is a full-time, on-site position in India.

Qualifications

• Experience in hedge fund administration or related finance industry (5+ years).
• Knowledge of investment management and accounting processes.
• Strong Excel skills and attention to detail.
• MBA/CA/M.Com qualifications as listed.

Responsibilities

• Review/prepare NAVs of hedge fund clients daily/monthly.
• Prepare cash/position/market value reconciliations and resolve breaks.
• Notify clients/CSMs of valid breaks.
• Review pricing and corporate actions; ensure correct reflection in books.
• Finalize month-end NAV and investor allocation reports.

Skills

Hedge fund accounting

Excel advanced

Analytical thinking

Communication skills

Attention to detail

Stakeholder management

Paxus familiarity

Education

M.Com / CA / MBA – Finance

Tools

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.

Senior Associate - Hedge Fund Accounting Bangalore/Pune – India Shift Timings- Based on Business Requirements

Job Specification

• Responsible to review/prepare the NAVs of the hedge fund clients 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.
• Reviewing pricing of the portfolio and analysing the pricing exceptions if any.
• 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.
• Responsible for accruing/amortizing daily or monthly non-security related Fee accruals including management fees and financing accruals.
• Process non-automated transactions including OTC derivatives and their related cash movements.
• Effective communication with clients on daily reporting of Estimates/NAVs/Query resolutions.
• Checking that all OTC products traded by the client have been booked correctly.
• Booking of Capital Activities of the fund.
• Finalizing the month end NAV of the client and providing Investor Level Allocation reports at month-end.
• Providing support in Audits for funds in the preparation on financial statements.
• Complete audit reviews and ensure identified issues are documented and tracked to closure.
• 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.

Skills Required

• Experience working with an investment management or finance-related firm.
• Good knowledge of the investment industry with 5+ Years in Hedge Fund administration or related industry experience.
• M.com/CA/MBA – Finance/CFA.
• Familiarity with Paxus is a major plus.
• An ability to think critically and objectively.
• Experience with general ledger accounting 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.

What you will get in return:

• A genuinely unique opportunity to be part of an expanding large global business.
• Exposure to all aspects of the business, cross-jurisdiction and to working with senior management directly.

Additional information

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependants, physical or mental disability.

Any hiring decision are made on the basis of skills, qualifications and experiences.

We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet.

For more information on our commitment to Corporate Social Responsibility (CSR)) please visit https://theapexgroup.com/csr-policy/.

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’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.