Supervisor - Hedge Fund Accounting

Apex Group; Makati; On-site; PHP 900,000 - 1,300,000; Full time

Benefits offered by this job

Global exposure

Senior management interaction

Job summary

The Apex Group in Makati City, Philippines is seeking a Supervisor – Fund Accounting to lead daily NAV calculations and client deliverables. This role works closely with Europe/Singapore/US teams to ensure accurate reporting and timely closures.

You will review NAVs, perform reconciliations, and coordinate with brokers and clients. The ideal candidate has 9+ years in hedge fund administration and a finance qualification.

Qualifications

• Experience in hedge fund administration or related finance roles.
• M.Com/CA/MBA or CFA/finance degree.
• Strong Excel and analytical skills.

Responsibilities

• Plan, schedule and manage daily client deliverables.
• Review/prepare NAVs for hedge fund clients (daily/monthly).
• Prepare cash/position/market value reconciliations and resolve breaks.
• Review pricing and corporate actions; reconcile dividends/interest.
• Accrue daily/monthly non-security fees including management and financing.
• Coordinate with internal/external stakeholders and ensure high SLA.
• Support audits and month-end investor reporting.

Skills

Hedge Fund Admin

Financial Analysis

Team Management

Advanced Excel

Communication Skills

Attention to Detail

Problem Solving

Finance Degree

Education

M.Com/CA/MBA

Tools

Paxus Software

Job description

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

Supervisor - Hedge Fund Accounting

Makati City – Phillipiness

Shift Timings- Based on Business Requirements

About the Role

The successful candidate will join the Fund Services team as a Supervisor – Fund Accounting and will be closely working with Client Service Managers based in Europe/Singapore/US regions in connection with the performance of duties related to the administration of Alternative Funds. Candidate should have around 9 plus years of relevant experience in the Administration of Hedge Funds and NAV calculations.

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.
• Effective communication with clients on daily reporting of Estimates/NAVs/Query resolutions.
• Checking that all OTC products traded by the client have been booked correctly.
• Booking of Capital Activities of the fund.
• Finalizing the month end NAV of the client and providing Investor Level Allocation reports at month-end.
• Providing support in Audits for funds in the preparation on financial statements. Complete audit reviews and ensure identified issues are documented and tracked to closure.
• Support operations on projects related to Automations/Work migrations/Conversions 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 high SLA compliance within set accuracy standards.

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

What you will get in return:

• A genuinely unique opportunity to be part of an expanding large global business
• Exposure to all aspects of the business, cross-jurisdiction and to working with senior management directly

Additional information

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependants, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences.

We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet.

For more information on our commitment to Corporate Social Responsibility (CSR)) please visit https://theapexgroup.com/csr-policy/