Senior Associate 1

CO_AFATI Apex Fund Services LLP; Bengaluru Urban; On-site; INR 900,000 - 1,400,000; Full time

Job summary

Apex Group in Bengaluru is seeking a Senior Fund Accountant to lead complex accounting for private equity structures, ensuring US GAAP/IFRS compliance and accurate investor economics.

You will review journal entries, support audits, and drive process improvements with Investran, eFront and Allvue, mentoring junior staff and ensuring timely delivery of financial reporting.

The role requires 5+ years of experience and a CPA/ACA preferred, with strong communication skills and attention to detail.

Qualifications

• Bachelor's or 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.
• Proficient in PE accounting platforms (Investran, eFront, Allvue) and Excel.
• Excellent analytical and problem-solving skills.
• Attention to detail and ownership of issues.

Responsibilities

• Act as SME for fund structures, investor economics, waterfalls, and carried interest.
• Review journal entries, reconciliations, and financial statements; validate capital activity.
• Prepare and review quarterly and annual financial statements under US GAAP/IFRS.
• Assist in valuation processes and regulatory reporting (Form PF, Annex IV).
• Identify opportunities to streamline workflows and drive automation with Investran, eFront and Allvue.
• Coach junior accountants and conduct training on fund structures and reporting.

Skills

PE accounting

Financial analysis

Analytics

Communication

Education

Accounting/Finance degree

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

• 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.
• 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.
• 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.
• Technical Depth: Advanced accounting knowledge and ability to interpret complex fund terms.
• Attention to Detail: High accuracy in reviews and reconciliations.
• Communication: Ability to explain technical concepts clearly to non-technical stakeholders.
• Ownership: Takes initiative in resolving issues and improving processes.

Disclaimer

Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.

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