Analyst – Private Equity Fund Accounting

Overview

The Role & Key Responsibilities
Skills Required
What you will get in return
Additional information

Skills Required

  • A University degree in Accountancy or equivalent/Final stages of ACCA qualification
  • An ability to work to and meet agreed deadlines
  • Ability to work under pressure
  • Competence in Excel, general IT and accounting packages
  • A minimum of 3 years’ experience in a similar role
  • Experience in audit would be ideal, but not necessary
Tab Item Content

Skills Required

  • A University degree in Accountancy or equivalent/Final stages of ACCA qualification
  • An ability to work to and meet agreed deadlines
  • Ability to work under pressure
  • Competence in Excel, general IT and accounting packages
  • A minimum of 3 years’ experience in a similar role
  • Experience in audit would be ideal, but not necessary
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The successful candidate will join the Fund Services team as a Private Equity Fund Accountant and will be closely working with Clients and Client Service Managers based in APAC/UK/US region in connection with the performance of duties related to the administration of Private Equity Funds. Candidate should have 0-4 years of relevant experience in the Administration of Private Equity Funds and NAV calculations. Should have relevant experience in General ledger accounting for Private Equity Funds,
Client relationship management, Preparing Financials/Investor notices and other Client reporting, Processing payments etc.

Reporting:

The position reports to AVP – PE Fund Accounting

Job Specification:

  • Perform Fund accounting function of the Private equity and Hybrid Funds that include recording Journal Entries, preparing monthly/Quarterly/Annual Financials, processing payments, preparing investor notices and various client reporting.
  • Managing the client relationships for the Funds and individually handle the deliverable requirements on daily/weekly/monthly/Quarterly basis.
  • Liaising with Onshore team, clients and Auditors on various requirements and ensure all supports are provided to the auditors to get the financials approved on the agreed timeline.
  • Onboard new Funds in the accounting platform and migrating existing Funds from other locations.
  • Develop customized reports in Investran to support the client requirements.
  • Manage multiple client relationships.
  • Understand and complete adhoc requests from clients.
  • Manage the fund related bank wires on behalf of the client.
  • 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.
  • Responsible for accruing/amortizing daily or monthly non-security related Fee accruals including management fees and financing accruals.
  • 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.
  • Experience working in Fund Accounting, NAV calculation and Financial Statement preparation of Private Equity/Hybrid Funds
  • Good Experience in handling the client relationships and should be good in written and oral communication.
  • Good conceptual knowledge in accounting principles and financial statement preparation.
  • Experience in handling audit requirements and ad hoc client requirements in Fund accounting.
  • Good experience working on Investran/eFront/Paxus/Geneva, MS Office and Macro enabled workbooks
  • Relevant Experience – 0 to 4 years
  • Post graduate in Commerce, MBA Finance, CA/CMA/CFA
  • 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

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/

Please refer to our Privacy Policy for information regarding the Apex Group’s processing of personal data.

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"Working here I have the space to be creative, take ownership and develop continuously. It’s a great company with a purpose, which in turn enables its people to identify with the core values and mission."

Diane Mero, Office Manager, Dubai

What we look for

We look to recruit bright, articulate and numerate employees who are not afraid of a challenge and are prepared to work hard and love what they do. Every employee plays a part in making our business what it is today and the more we grow, the more important that becomes.

 

Whatever your career path, ambition or skillset you will be joining an entrepreneurial environment and become part of a globally connected team. We don’t just want you to succeed, we want you to flourish.

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