Specialist - Ended Fund Integration

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

Role – Specialist – Open Ended Fund Integration

The successful candidate will join the Open-Ended Fund Accounting Integration team as an Assistant Vice President and will be closely working with Global Client Service Managers and Client Onboarding Team in connection with the performance of duties related to the set-up and integration of administration of Open-Ended Funds. Candidate should have around 7+ years of relevant experience in the Administration of Hedge Funds, NAV Calculations or conversion/migration experience of onboarding/transferring funds from different administrators.

The candidate requires excellent communication and has ensure that all interactions with the client and internal stakeholders are handled in a timeous manner and with a quality of response that continually exceeds the service expectations.

The position reports to VP – Open-Ended Fund Accounting-Integration

The Apex Group is a global financial services provider with 13,000+ staff across 100+ offices globally. 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 Apex who we are today. The more we grow, the more important that becomes. Whatever your career path or expertise Apex provides a global platform to allow you to thrive.

• Working on fund setup of new business launches/conversions and project management.
• Onboard clients/migrate data onto Apex accounting platforms by
  • Reviewing fund legal documents and setting up fund structures in accounting system for new and existing clients.
  • Perform detailed analysis to capture data points required for the data migration and client reporting requirements.
  • Preparing datasets, required mappings, chart of accounts and upload to accounting platforms.
  • Performing reconciliations, tying to published financial statements and investor statements.
  • Facilitating discussions to resolve reconciling differences, if any.
  • Preparing/reviewing the budget summary based on agreements/PPM and setup of the accruals in the system.
  • Setting up/reviewing the Administration fee/Management fee in system accurately.
  • Setting up/reviewing different type of performance fee.
  • Providing the support/documents related to the setup and migration of funds as part of audit requirements.
• Support operations on projects related to automations/ migrations/ conversions/ process improvements, etc.
• Support global changes in Key operating procedures and implementation.
• Coordinating with Internal/External Stake holders such as Securities/Trades and Pricing Team, Reporting Team, Investor Services team, Auditors, Client Service Managers and Clients.
• Effectively monitoring deliverables to ensure SLA compliance within set accuracy standards.
• Create and maintain an action item list and a standard project plan for migration projects.
• Develop and maintain project timelines and deliverables.
• Manage external as well as internal expectations regarding deliverables, with regular client and internal meetings as required.
• Participate in and / or lead new service initiatives and projects.
• Ensure proper…