Senior Associate – Private Equity Fund Accounting

Overview

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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We are looking for  highly motivated individuals with a particular focus on attention to detail and service standards.  Investran or eFront experience is an advantage for this role.

Job specification

  • Preparation of NAV for Private equity and Hybrid Funds that include recording Journal Entries, preparing monthly/Quarterly Financials, preparing investor notices and various client reporting.
  • Preparing Capital Call and distribution workings along with notices to for the respective investors
  • Handle migration of Hybrid and PERE Funds from various Apex offices and ensure SLA targets are met.
  • Identify and implement process improvement techniques to improve the process efficiency and team productivity.
  • Liaising with various Apex offices, clients and Auditors on various requirements and ensure all supports are provided to the auditors to get the financials approved on the agreed timeline.
  • Liaising with multiple stake holders in the organization and ensure the tight deadlines are met.
  • Onboard new PE/Hybrid Funds in the accounting platforms (Investran, Geneva, Paxus and eFront).
  • Manage end execute conversion of Private Equity Funds from other accounting applications to eFront
  • Develop customized reports in Investran/eFront to support the client requirements.
  • Understand and complete adhoc requests from clients.
  • 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.
  • Effective communication with clients on daily reporting of Estimates/NAVs/Query resolutions.
  • Booking of Capital Activities of the fund.
  • Finalizing the month end NAV of the client and providing Investor Level Allocation reports at month-end.
  • Calculation of performance fees and understanding of IRRs calculations.
  • Experience working in Fund Accounting, NAV calculation and Financial Statement preparation of Private Equity/Real Estate/Hybrid Funds
  • Experience with Bank debt and loan debt instruments with other Private equity instruments
  • Worked on onboarding new clients and develop reporting templates for the clients
  • 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.
  • Experience working on some of the following would be an advantage.  Investran, Geneva, eFront, Paxus,
  • Relevant Experience – Minimum 3 years of experience preferably into PERE and Hybrid Funds
  • Post graduate in Commerce, MBA Finance, CA/CMA/CFA

All applications will be strictly confidential.

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

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Life At Apex

"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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