Specialist- Open Ended

CO_TSLLP Apex Fincore LLP; Gandhinagar; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

Apex Group in India seeks an experienced fund operations professional to oversee NAVs, pricing, and regulatory reporting for AIF Category III and domestic mutual funds. You will coordinate with auditors, clients, and internal teams to ensure accurate accounting and timely deliverables.

The role requires 8+ years in fund operations, strong valuation skills, and advanced Excel, with flexibility for peak periods and team leadership. This is a full-time on-site position in Gandhinagar, Gujarat.

Qualifications

• 8+ years of hands-on experience in AIF Category III and Domestic Mutual Funds operations.
• Strong knowledge of valuation across equity, derivatives, debt, bonds, debentures, and unlisted securities.
• Expertise in performance fee calculations, equalization, and series-based accounting.
• Advanced Excel skills with strong analytical and problem-solving abilities.
• Excellent communication and interpersonal skills for direct client interaction.
• Ability to work extended hours during peak periods.
• Experience in team management.

Responsibilities

• Review and prepare daily/monthly NAVs for AIF Category III funds.
• Prepare and resolve cash, position, and market value reconciliations; communicate valid breaks to Clients/CSMs.
• Pass accounting adjustments for erroneous or missing transactions.
• Review portfolio pricing as per IFSCA/SEBI guidelines, including pricing exception analysis.
• Review and validate corporate actions; ensure dividends and interest reconcile with broker statements.
• Accrue and amortize management fees, financing accruals, and other non-security-related fee items.
• Process non-automated transactions including OTC derivatives and related cash movements.
• Record capital activities of the fund.
• Communicate daily estimate/NAV reports and resolve client queries promptly.
• Finalize month-end NAV and prepare investor-level allocation reports.
• Demonstrate strong understanding of performance fee calculations, series accounting, and equalization.
• Support regulatory reporting requirements as per IFSCA guidelines.
• Assist auditors by preparing/reviewing financial statements and supporting documentation.
• Contribute to automation, workflow migration, and system conversions.
• Coordinate with multiple internal and external teams, including: Securities/Trades & Pricing Reporting, Investor Services, Auditors, Client Service Managers, External Clients.

Skills

AIF Category III

Mutual Funds Ops

Valuation

Performance Fees

Excel

Team Management

Client Interaction

Tools

Paxus

Job description

About Apex Group

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

Daily Operations & NAV Oversight Plan, schedule, and manage daily workflows for client deliverables within the team. Review and prepare daily/monthly NAVs for AIF Category III funds. Prepare and resolve cash, position, and market value reconciliations; communicate valid breaks to Clients/CSMs. Pass accounting adjustments for erroneous or missing transactions. Review portfolio pricing as per IFSCA/SEBI guidelines, including pricing exception analysis. Review and validate corporate actions; ensure dividends and interest reconcile with broker statements.

Accounting & Transaction Processing

Accrue and amortize management fees, financing accruals, and other non‑security‑related fee items (daily/monthly). Process non‑automated transactions including OTC derivatives and related cash movements. Record capital activities of the fund.

Client Communication & Reporting

Communicate daily estimate/NAV reports and resolve client queries promptly. Finalize month‑end NAV and prepare investor‑level allocation reports. Demonstrate strong understanding of performance fee calculations, series accounting, and equalization.

Regulatory & Audit Support

Support regulatory reporting requirements as per IFSCA guidelines. Assist auditors by preparing/reviewing financial statements and supporting documentation.

Projects & Process Improvements

Contribute to initiatives related to automation, workflow migration, and system conversions. Support global enhancements in operational procedures and assist with successful implementation.

Stakeholder Management

Coordinate with multiple internal and external teams, including: Securities/Trades & Pricing Reporting, Investor Services, Auditors, Client Service Managers, External Clients.

Skills & Qualifications

Must‑Have

• 8+ years of hands‑on experience in AIF Category III and Domestic Mutual Funds operations.
• Strong knowledge of valuation across equity, derivatives, debt, bonds, debentures, and unlisted securities.
• Expertise in performance fee calculations, equalization, and series‑based accounting.
• Advanced Excel skills with strong analytical and problem‑solving abilities.
• Excellent communication and interpersonal skills for direct client interaction.
• Ability to work extended hours during peak periods.
• Experience in team management.

Good to Have

• Familiarity with Paxus (major advantage).
• Experience with general ledger accounting platforms.

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