Assistant Manager, Hedge Funds

theapexgroup; Town of Charlotte (NY); On-site; USD 80,000 - 100,000; Full time

Job summary

The Apex Group, established in Bermuda in 2003, is a leading fund administration and middle office provider with global reach. This role leads client relationship management for assigned clients and actively cross-sells our services to drive profitability and client satisfaction.

Key duties include US GAAP reporting, NAV preparation for hedge funds, audit management, and ensuring adherence to procedures. Strong leadership and accounting credentials are essential.

Qualifications

• 5+ years of fund accounting experience is required.
• Experience with complex fund structures and fund accounting expertise.
• Strong commercial awareness and client service focus.
• Knowledge of partnership accounting, management fee and incentive fee methodologies.
• Demonstrated ability to automate processes.

Responsibilities

• Lead client relationship management for assigned clients.
• Actively cross-sell our suite of services to clients.
• US GAAP reporting for various fund structures.
• Assist in developing global client relationships and optimize offerings and profitability.
• Manage the complete audit process.
• Assist NAV preparation and review for hedge funds.
• Ensure adherence to documented procedures and policies.
• Support integration of large fund administration mandates and collaborate with operations.
• Contribute to ad hoc internal/global projects and ensure timely deliverables.

Skills

Fund accounting

Client service

Leadership

US GAAP knowledge

Relationship management

Education

Accounting qualification (CPA/ACCA)

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:

• Lead the client relationship management for assigned clients
• Actively cross selling our suite of services to our client base
• US GAAP reporting standard for various fund structures
• Assisting in the development of new & existing global client relationships, optimizing service offerings, productivity and profitability
• Management of the complete audit process
• Assist in the management of the NAV preparation and review process for our hedge fund clients
• Ensuring adherence to documented procedures and policies
• Work on the integration of large fund administration mandates
• Collaborating with operational centres
• Working on ad hoc internal and global projects (as required)
• Ensure all deliverables are met on a timely and accurate basis

Skills Required:

• Approximately 5+ years' fund accounting experience
• An understanding of complex fund structures and fund accounting to act as subject matter expert to team
• A high degree of commercial awareness and client service focus
• Knowledge of partnership accounting, management fee and incentive fee methologies
• Strong leadership skills and supervisory experience of other professionals
• Excellent organizational and communication skills and the ability to work on own initiative consistently producing accurate and timely work
• Good interpersonal skills to develop working relationships with colleagues, clients, other divisions and professional intermediaries
• A professional accounting qualification a plus
• Demonstrated ability to automate processes
• Knowledge of investor KYC and AML requirements

Salary ranges from USD $ 80,000 - $ 100,000 additional market competitive variable uncapped compensation based on performance. Compensation within this range is dependent on individual's skills, experience and qualifications.

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.