Supervisor - Fund Accounting

Apex Group; Pune District; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

Apex Group is seeking an experienced professional for a Hedge Fund Operations role in Pune, Maharashtra. You will manage daily client deliverables, review NAVs, perform reconciliations, and oversee pricing and corporate actions with a focus on accuracy and timely reporting.

Ideal candidates have 9–12 years in hedge fund administration, finance background (M.Com/CA/MBA-Finance/CFA), and strong Excel skills. The role calls for meticulous analysts willing to work extra hours and lead teams.

Qualifications

• Experience in an investment management or finance-related firm.
• Strong knowledge of the investment industry and hedge fund administration.
• Proficiency in advanced Excel functions.
• Excellent communication and inter-personal skills.

Responsibilities

• Plan, schedule and manage daily workflows of client deliverables.
• Review/prepare NAVs of hedge fund clients daily/monthly.
• Prepare cash/position/market value reconciliations and resolve breaks; notify clients.
• Review portfolio pricing and pricing exceptions.
• Review corporate actions and ensure correct reflection in books; reconcile dividends/interest with broker reports.
• Accrue/amortize daily or monthly non-security related fees (management/financing).
• Process non-automated transactions including OTC derivatives and related cash movements.

Skills

Investment industry knowledge

Advanced Excel

Communication skills

Team management

Education

M.com/CA/MBA – Finance/CFA

Tools

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

Job Specification

• Planning, scheduling and managing the daily workflows of all client deliverables within the team.
• Responsible to review/prepare the NAVs of the hedge fund clients on a daily/Monthly basis.
• Prepare Cash/Position/Market Value Reconciliations and resolving breaks. Notify Clients/CSMs of valid breaks. If break are due to an erroneous or missing transaction in Accounting system, then make necessary adjustments
• Reviewing pricing of the portfolio and analysing the pricing exceptions if any.
• Reviewing the corporate actions booked in the system and ensuring that the same is correctly reflected in the books. Dividends/Interest Reconciliation with Broker reports
• Responsible for accruing/amortizing daily or monthly non-security related Fee accruals including management fees and financing accruals.
• Process non-automated transactions including OTC derivatives and their related cash movements.

Skills Required

• Experience working with an investment management or finance-related firm.
• Good knowledge of the investment industry with 9-12 Years in Hedge Fund administration or related industry experience.
• M.com/CA/MBA – Finance/CFA
• Familiarity with Paxus is a major plus.
• An ability to think critically and objectively.
• Experience with general ledger accounting and, with demonstrated attention to detail and accuracy, analytical, technical, organizational, and problem solving skills.
• Proficiency in advanced Excel functions.
• Excellent communication and inter-personal skills.
• Work additional hours as needed.
• Team management
• Performance appraisal
• People growth and development

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.