Specialist - Open Ended Fund Integration

theapexgroup; Pune District; On-site; INR 3,000,000 - 5,400,000; Full time

Job summary

The Apex Group is recruiting for an Assistant Vice President role in Open-Ended Fund Integration, located in Pune/Bangalore/Mumbai, India. The selected candidate will join the Open-Ended Fund Accounting Integration team and work with Global Client Service Managers and Onboarding teams to manage fund setup, data migration, and client communications.

We seek 7+ years in Hedge Fund administration, strong Excel skills, and experience with NAV calculations.

Qualifications

• 7+ years of relevant experience in Hedge Fund administration or related fields.
• Experience with NAV calculations and fund onboarding/migration projects.
• M.com/CA/MBA in Finance or CFA designation is preferred.
• Strong communication with clients and internal stakeholders.
• Proficiency in Excel and accounting platforms (Paxus/Geneva/Investone/Nexus) is an asset.

Responsibilities

• Working on fund setup of new launches and conversions.
• Onboard clients and migrate data onto Apex platforms.
• Review fund documents and set up fund structures in accounting systems.
• Perform data mappings and uploads for migrations.
• Perform reconciliations tying to financial statements.
• Coordinate with internal/external stakeholders to ensure SLA.
• Develop project plans, timelines and manage expectations.
• Provide regular updates to senior management.

Skills

Hedge Fund Administration

NAV Calculations

Finance Industry Knowledge

Advanced Excel

Client Communication

Data Migration / Project Mgmt

Education

M.Com

CA

MBA Finance

CFA

Tools

Paxus

Geneva

Investone

Nexus

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

Designation - Assistant Vice President 1/2/3

Role - Specialist - Open Ended Fund Integration

Bangalore/Pune/Mumbai - India

The successful candidate will join the Open-Ended Fund Accounting Integration team as an Assistant Vice President and will be closely working with Global Client Service Managers and Client Onboarding Team in connection with the performance of duties related to the set-up and integration of administration of Open-Ended Funds. Candidate should have around 7+ years of relevant experience in the Administration of Hedge Funds, NAV Calculations or conversion/migration experience of onboarding/transferring funds from different administrators. The candidate requires excellent communication and has ensure that all interactions with the client and internal stakeholders are handled in a timeous manner and with a quality of response that continually exceeds the service expectations.

Reporting

The position reports to VP - Open-Ended Fund Accounting-Integration

About Apex

The Apex Group is a global financial services provider with 13,000+ staff across 100+ offices globally. We look to recruit bright, articulate and numerate employees who are not afraid of a challenge and are prepared to work hard and love what they do. Every employee plays a part in making Apex who we are today. The more we grow, the more important that becomes. Whatever your career path or expertise Apex provides a global platform to allow you to thrive.

Job Specification

• Working on fund setup of new business launches/conversions and project management.
• Onboard clients/migrate data onto Apex accounting platforms by Reviewing fund legal documents and setting up fund structures in accounting system for new and existing clients.
• Perform detailed analysis to capture data points required for the data migration and client reporting requirements.
• Preparing datasets, required mappings, chart of accounts and upload to accounting platforms.
• Performing reconciliations, tying to published financial statements and investor statements.
• Facilitating discussions to resolve reconciling differences, if any.
• Preparing/reviewing the budget summary based on agreements/PPM and setup of the accruals in system.
• Setting up/reviewing the Administration fee/Management fee in system accurately.
• Setting up/reviewing different type of performance fee.
• Providing the support/documents related to the setup and migration of funds as part of audit requirements.
• Support operations on projects related to automations/ migrations/ conversions/ process improvements, 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.
• Effectively monitoring deliverables to ensure SLA compliance within set accuracy standards.
• Create and maintain an action item list and a standard project plan for migration projects.
• Develop and maintain project timelines and deliverables.
• Manage external as well as internal expectations regarding deliverables, with regular client and internal meetings as required.
• Participate in and / or lead new service initiatives and projects.
• Ensure proper documentation as part of Set-up and migration is maintained and archived.
• Provide regular updates to senior management and elevate issues proactively.

Skills Required

• Experience working with an investment management or finance-related firm.
• Good knowledge of the investment industry with 7+ Years in Hedge Fund administration or related industry with end - to - end experience.
• M.com/CA/MBA - Finance/CFA
• Exposure to accounting platforms - Paxus/Geneva/Investone/Nexus is an advantage.
• An ability to think critically and objectively, challenge assumptions.
• Experience with general ledger accounting, demonstrated attention to detail and accuracy, analytical, technical, organizational, and problem-solving skills.
• Proficiency in advanced Excel functions.
• Excellent communication and inter