Ended Hedge Fund Accountant, AVP

Associate Vice President (Account Manager) – Fund Administration

Location: Dubai, United Arab Emirates

The Apex Group is a global financial services provider that supports fund administration operations. This role requires excellent management of client deliverables and will help grow our operations in the Dubai office.

• Assist in the NAV preparation and review process for Hedge Fund clients, including management of the entire process
• Timely delivery of any other client‑specific reporting requirements
• Planning, scheduling and managing the daily workflows of all client deliverables within the team
• Reconciliation of investment portfolios, dividends and interest, corporate actions and investor capital activity
• Good understanding of various types of performance fee calculation, equalisation and management fee calculations
• Effective coordination with various Apex support centres when required
• Responsible for accruing/amortising daily or monthly non‑security related fee accruals (management fees, performance fees, financing accruals)
• Assist in the preparation and review of subscription and redemption packs, ensuring timely communication with investors of the funds
• Assist in the preparation and review of financial statements, liaise with auditors and manage the audit process
• Ensure timely and accurate preparation of distribution calculations, tax statements and liaise with the fund’s tax advisor
• Monitor and review payments to be initiated for clients
• Ensure client enquiries are answered in accordance with Apex service standards on an ongoing basis
• Ensure compliance with regulatory requirements and fund specifications
• Ongoing implementation and refinement of SSAE 18 controls with coordination of internal and external auditors

• Actively cross‑sell our suite of services to our client base
• Assist in the development of new and existing global client relationships, optimising service offerings, productivity and profitability
• Ensure adherence to documented procedures and policies
• Work on the integration of large fund administration mandates
• Work on ad‑hoc internal and global projects (as required)
• Serve as first point of contact for internal and external audit, tax returns and compliance queries
• Facilitate the flow of information between Senior Management and Operations team on a timely basis

• 7‑9 years’ experience in a similar role incorporating the above functions
• Ability to work to and meet agreed deadlines
• Understanding of US GAAP & IFRS reporting standards for various fund structures
• Understanding of complex fund structures and fund accounting to act as subject‑matter expert
• Strong PC skills including Word, Excel and Excel macros (experience on Paxus an advantage)
• M.Com/MBA – Finance/CFA (preferred)
• An accountancy qualification such as ACCA or CA (advantage)
• Knowledge of various types of financial securities (Equity, Bonds, Futures, Options, Sukuks, CDS, CFDs, etc.) and their accounting treatment
• High degree of commercial awareness and client‑service focus
• Prior experience in the industry
• Strong leadership skills and supervisory experience of other professionals
• Excellent organisational and communication skills with the ability to work on own initiative and produce accurate, timely work
• Good interpersonal skills to develop working relationships with colleagues, clients and professional intermediaries
• Demonstrated ability to automate processes
• Knowledge of investor KYC and AML requirements
• Familiarity with Paxus is a major plus
• Ability to think critically and objectively
• Multi‑tasking and problem‑solving skills
• Proficiency in advanced Excel functions is a plus
• Work additional hours as needed
• Work under pressure and meet tight deadlines
• Organised, accurate and willing to learn and take on new tasks

• A genuinely unique opportunity to be part of an expanding large global business
• Opportunities for personal and professional development

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 is made on the basis of skills, qualifications and experience.