Senior Associate Private Equity Fund Accountant

Apex Group Ltd; Evansville (IN); On-site; USD 40,000 - 60,000; Full time

Benefits offered by this job

Medical Insurance

Vision Insurance

401(k)

Job summary

A global fund administration company is seeking a Senior Associate Private Equity Fund Accountant in Evansville, Indiana. This full-time role involves asset administration, client services, and support for management. Required qualifications include a degree in Accounting/Finance and 3+ years of experience in loan administration. Competitive salary ranges from $40,000 to $60,000, plus bonuses and benefits including medical insurance and a 401(k).

Qualifications

• Degree in Accounting/Finance or relevant qualification.
• 3+ years experience in loan administration operations.
• Extensive knowledge of CLOs/CDOs/Credit Funds.

Responsibilities

• Perform asset administration and reconciliation duties.
• Coordinate with Fund Managers for client services.
• Support Middle Office Manager with duties.

Skills

Accounting/Finance qualification

3+ years’ experience in loan administration

Knowledge of CLOs/CDOs/Credit Funds

Understanding of various security types

Knowledge of trade lifecycle

Experience with settlements (DTCC & Euroclear)

Knowledge of financial instruments

Proficiency in Microsoft Office Suite

Education

Degree in Accounting/Finance

Tools

Microsoft Office Suite

Solvas (CDO-Suite)

Job description

Senior Associate Private Equity Fund Accountant

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

The Role & Key Responsibilities

• Asset administration — Responsibilities include, but are not limited to performing and coordinating a variety of administrative duties and tasks, including:
  • Asset setup
  • Asset Maintenance and reconciliation
  • Liaising with 3rd party brokers/custodians/agents
  • Processing agent notices
  • Processing corporate actions
  • Entering and settling trades as required
  • Preparing and assisting with various reports required by internal teams
  • Other duties assigned by Management
• Reconciliation — Responsibilities include, but are not limited to performing and coordinating a variety of reconciliation duties and tasks including:
  • Preparing daily reconciliation of cash transactions
  • Preparing daily reconciliation of Apex/Client positions
  • Ensuring aged breaks (over 7 days) are addressed and escalated
  • Processing and reconciling data in various systems
  • Actively researching discrepancies with various agents and internal teams
  • Preparing and ensuring all Reporting is issued within the required timeframes
  • Other duties assigned by Management
• Client Services — Being the point of contact for Fund Managers and other related parties; develop a relationship with a given set of Clients to ensure their needs are being addressed and liaising with all relevant internal teams to ensure that targets are met, and the Clients receive a high level of service
• Support Middle Office Manager
• Providing support for assigning duties and work delegation
• Roll out training and development plans to direct reports and new joiners

Qualifications, Skills and Experience

• Degree in Accounting/Finance, or a relevant qualification
• 3+ years’ experience working in loan administration operations
• Extensive knowledge of CLOs/CDOs/Credit Funds
• Understanding or knowledge of various security types – Private Debt, Syndicated Loans, Bonds, Equities, Futures, CDS, CDS Indices, Forwards, ABS, MBS, TRS, etc.
• Understanding of trade lifecycle
• Knowledge and experience with settlements including DTCC & Euroclear
• Knowledge and understanding of securities and other financial instruments
• Computer proficiency with advanced knowledge of Microsoft Office Suite, familiarity with Solvas (CDO-Suite) preferred

We pride ourselves in our commitment to fostering a connected and inclusive culture; all our opportunities at Apex have five (5) days in office requirement.

Salary and Benefits

Salary ranges from USD $40,000.00 – USD $60,000.00 plus additional discretionary yearly bonus based on corporate and individual's performance. Compensation within this range is dependent on individual's skills, experience and qualifications.

Seniority level

• Associate

Employment type

• Full-time

Job function

• Accounting/Auditing

Benefits

• Medical Insurance
• Vision Insurance
• 401(k)