Specialist-Fund Accounting

Apex Group Ltd (UK Branch); Gandhinagar; On-site; INR 800,000 - 1,400,000; Full time

Job summary

Apex Group Ltd (UK Branch) in Gandhinagar, India seeks a seasoned Fund Accountant to manage NAVs, fee calculations, and fund reporting for AIF Category II and GIFT funds. You will oversee daily workflows, ensure regulatory compliance, and lead a team through audits and performance reviews.

Strong knowledge of valuation, ledger accounting, and advanced Excel is essential, with client interaction and extended-hours flexibility. This role offers growth in a global fund administration context.

Qualifications

• Experience with Alternative Investment Funds (Category II) and GIFT funds.
• Strong understanding of valuation for multiple asset classes as per SEBI/IFSCA guidelines.
• Solid knowledge of performance and management fee calculations, equalization, and waterfall accounting.
• Experience in general ledger accounting with attention to detail and analytical skills.
• Proficiency in advanced Excel and client-facing communication.

Responsibilities

• Plan, schedule, and manage daily workflows of all client deliverables.
• Review, prepare, and reconcile NAVs for AIF Category II funds daily, monthly, and quarterly.
• Finalize month-end NAVs and provide investor-level reports; handle complex fee calculations.
• Ensure service delivery activities including journal entries, valuations, and reporting.
• Review pricing in line with guidelines and address exceptions.
• Manage accruals for management fees and financing accruals.
• Communicate with clients regarding reports and query resolutions.
• Oversee fund capital activities and ensure regulatory compliance.
• Lead audits and preparation of financial statements for funds.
• Drive team performance, appraisals, and professional development.

Skills

Alternative Investment Funds

GIFT funds

Valuation

Performance fee calculations

Management fee calculations

Equalization

Waterfall accounting

General ledger accounting

Advanced Excel

Client interaction

Leadership

Education

M.Com/CA/MBA/CFA

Tools

Efront

Allvue

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.

For our business, for clients, and for you

Key Responsibilities

• Plan, schedule, and manage daily workflows of all client deliverables within the team.
• Review, prepare, and reconcile NAVs for AIF Category II funds on a daily, monthly, and quarterly basis.
• Finalize month-end NAVs and provide investor-level allocation reports; proficient in performance fee calculations, series, and equalization accounting.
• Ensure smooth execution of all service delivery activities including journal entries, management fee calculations, investment valuations, financial/investor reporting, and ad hoc reporting.
• Review and analyze portfolio pricing in line with IFSCA/SEBI guidelines, addressing pricing exceptions where applicable.
• Accrue/amortize daily or monthly non-security related fee accruals including management fees and financing accruals.
• Communicate effectively with clients regarding daily reporting of estimates, NAVs, and query resolutions.
• Book and review capital activities of the fund.
• Ensure compliance with IFSCA/SEBI guidelines for close-ended funds.
• Meet all SLAs for daily, weekly, monthly, and quarterly activities.
• Create and maintain checklists to ensure completeness, accuracy, and timeliness of processes.
• Support preparation, review, and completion of regulatory requirements per IFSCA guidelines.
• Assist in audits and preparation of financial statements for funds.
• Contribute to operational projects including automation, work migrations, and conversions.
• Lead and manage team performance, appraisals, and professional development.

Skills & Qualifications

• Strong experience and knowledge in Alternative Investment Funds (Category II) and GIFT funds.
• Expertise in valuation of multiple asset classes including equity, derivatives, debt, bonds, debentures, and unlisted securities as per SEBI/IFSCA guidelines.
• Solid understanding of performance fee and management fee calculations, equalization, and waterfall model accounting.
• Educational background: M.Com, CA, MBA (Finance), or CFA.
• Familiarity with fund accounting systems such as Efront, Allvue, or Paxus (preferred).
• Experience in general ledger accounting with demonstrated attention to detail, accuracy, and analytical skills.
• Proficiency in advanced Excel functions.
• Excellent communication and interpersonal skills with direct client interaction experience.
• Ability to work extended hours when required.
• Strong leadership skills with a focus on team management, performance appraisal, and people development.