Administrator - Middle Office (Hedge Funds)

Apex Group Ltd (UK Branch); Cape Town; On-site; ZAR 350,000 - 550,000; Full time

Job summary

Apex Group Ltd (UK Branch) in Cape Town, SA, seeks a Middle Office professional to support day-to-day operations.

You will handle workflow from Fund Managers and Prime Brokers, produce NAVs, perform P&L reporting, and contribute to process improvements.

Qualifications

• Bachelor’s Qualification in Accounting, Finance or Investment.
• Quantitative degree with accounting major.
• Knowledge of NAV calculation and reconciliation processes beneficial
• Comfortable with working with big excel data sets (macros and automation beneficial)

Responsibilities

• Manage the workflow from Fund Managers and Prime Brokers.
• Produce soft portfolio NAVs.
• Daily Profit & Loss reporting.
• Mandate compliance reporting and loading of corporate actions.
• Daily recons of discrepancies between Middle Office and Prime Brokers reporting.
• Accurate and timely booking of trades into Middle Office system.
• Involvement in ad hoc projects and assignments aimed towards improving the process efficiencies

Skills

Detail oriented

Communication

Organizational skills

Prioritization

Independent & team player

Proactive attitude

Education

Bachelor's in Accounting/Finance

Quantitative degree with accounting

NAV calculation knowledge

Tools

Excel (macros)

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.

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

Description:

Supporting the day-to-day operations of the Middle Office Team.

Job specification

• Managing the workflow from Fund Managers and Prime Brokers,

• Production of soft portfolio NAVs,

• Daily Profit & Loss reporting,

• Mandate compliance reporting and loading of corporate actions

• Daily recons of discrepancies between Middle Office and Prime Brokers reporting,

• Accurate and timely booking of trades into Middle Office system,

• Involvement in ad hoc projects and assignments aimed towards improving the process efficiencies

Key Competencies:

• Process-driven with a high level of attention to detail,

• Excellent communication and organizational skills.

• Ability to prioritize work and meet strict deadlines.

• Ability to work both independently as well as collaboratively within a team

• Motivated and driven with a proactive approach to work.

Academic Requirements & Experience:

• Bachelor’s Qualification in Accounting, Finance or Investment.

• Quantitative degree with accounting major,

• Knowledge of NAV calculation and reconciliation processes beneficial

• Comfortable with working with big excel data sets (experience with macros and automation beneficial)

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.