Senior Associate

Apex Group Ltd (India Branch); Gandhinagar; On-site; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Global exposure

Career growth opportunities

Senior leadership interaction

Cross-border operations

Professional development

Job summary

Apex Group Ltd (India Branch) is seeking an experienced Fund Accounting professional to manage daily client deliverables, NAV calculations, and journal entries for AIF Category II funds. You will oversee valuations, capital activity, and investor reporting while ensuring regulatory compliance and high-quality client service.

The role offers exposure to cross-border operations, interaction with senior leadership, and opportunities to drive process improvements within a dynamic, fast-paced

Qualifications

• Relevant experience in Fund Administration or Fund Accounting.
• Hands-on knowledge of NAV calculations and fee calculations (management/performance).
• Experience with AIF Category II structures preferred.
• Knowledge of SEBI/IFSCA guidelines is advantageous.

Responsibilities

• Plan, schedule, and manage daily fund deliverables for client portfolios.
• Oversee NAV reviews and reconciliation for AIF Category II funds.
• Supervise journal entries, fees, accruals, and fund expenses.
• Ensure accurate valuation across asset classes and transactions.
• Coordinate capital activities and investor reporting.
• Ensure regulatory compliance and support audits.
• Drive process improvements and mentor team members.

Skills

Analytical skills

Attention to detail

Stakeholder management

Communication

Problem solving

Client-facing

Team mentorship

Process improvements

Tools

Efront

Allvue

Paxus

General Ledger

Job description

• Plan, schedule, and manage daily workflows for all client deliverables.
• Review, prepare, and reconcile NAVs for AIF Category II funds on a daily, monthly, and quarterly basis.
• Finalize month-end NAVs and prepare investor allocation reports.
• Review and oversee booking of journal entries, management fees, performance fees, financing accruals, and fund expenses.
• Ensure accurate valuation of investments across various asset classes.
• Handle capital activities including subscriptions, redemptions, drawdowns, and distributions.
• Review portfolio pricing in line with SEBI and IFSCA guidelines and analyze valuation exceptions.

Client Service & Reporting

• Maintain effective communication with clients regarding NAV reporting, estimates, and query resolution.
• Prepare and review financial statements, investor reports, and ad hoc reporting requirements.
• Ensure consistent delivery of high-quality client service and adherence to agreed service levels.

Regulatory & Compliance Management

• Ensure compliance with applicable SEBI and IFSCA regulations for close-ended funds.
• Support regulatory reporting requirements and fund audits.
• Assist in the preparation and review of financial statements and other regulatory filings.

Process Improvement & Operational Excellence

• Develop and maintain process checklists to ensure accuracy, completeness, and timeliness.
• Identify opportunities for process improvements and operational efficiencies.
• Support automation initiatives, work migrations, system conversions, and other strategic projects.
• Drive best practices and standardization across fund accounting processes.
• Manage and mentor fund accounting team members.
• Conduct performance reviews and support employee development initiatives.
• Ensure effective resource allocation and workload management.
• Foster a culture of continuous learning and high performance.

Required Skills & Experience

Technical Expertise

• Strong experience in Alternative Investment Funds (AIF Category II) and GIFT Fund structures.
• In-depth understanding of:
• NAV Calculation
• Performance Fee Calculation
• Management Fee Calculation
• Series Accounting
• Expertise in valuation of:
• Equities
• Debt Instruments
• Bonds
• Unlisted Securities
• Good understanding of SEBI and IFSCA regulatory requirements.

Systems & Tools

• Experience with fund accounting platforms such as:
• Efront
• Allvue
• Paxus
• Strong understanding of General Ledger Accounting and financial controls.

Qualifications

• Relevant experience in Fund Administration, Fund Accounting, or Alternative Investments.

Soft Skills

• Strong analytical and problem-solving skills.
• High attention to detail and accuracy.
• Excellent communication and stakeholder management abilities.
• Ability to work in a fast-paced, client-facing environment.
• Flexibility to work additional hours when required.

What We Offer

• Opportunity to be part of a rapidly growing global organization.
• Exposure to complex investment fund structures and cross-border operations.
• Direct interaction with senior leadership and international stakeholders.
• Dynamic work environment with opportunities for career growth and professional development.
• Exposure to strategic projects, automation initiatives, and process transformation programs.