Supervisor - Fund Accounting

About the role

Apex Group, a fund administration and middle office solutions provider founded in Bermuda in 2003, is hiring a Fund Accounting Supervisor. The role covers planning, scheduling and managing the daily workflows of client deliverables, reviewing NAVs, reconciliations and pricing, and supporting audits and operational projects.

Key responsibilities

• Plan, schedule and manage the daily workflows of all client deliverables within the team.
• Review and prepare NAVs for hedge fund clients on a daily or monthly basis.
• Prepare cash, position and market value reconciliations, resolve breaks and notify clients or client service managers; adjust entries when breaks are caused by errors or missing transactions.
• Review portfolio pricing and pricing exceptions, and check that corporate actions booked in the system are correctly reflected in the books.
• Reconcile dividends and interest with broker reports.
• Accrue and amortize daily or monthly fee accruals, including management fees and financing accruals.
• Process non-automated transactions such as OTC derivatives and their cash movements, and check that all OTC products traded by the client are booked correctly.
• Book capital activities of the fund and finalize the month-end NAV, providing investor-level allocation reports.
• Support fund audits, complete audit reviews and track issues to closure.
• Support projects related to automation, work migrations and conversions, and coordinate with internal and external stakeholders such as securities, trades, pricing, reporting, investor services teams, auditors and client service managers.
• Monitor deliverables to ensure high SLA compliance within set accuracy standards.

Required profile

• Experience working with an investment management or finance-related firm.
• Around 4 years of accounting experience in the fund industry.
• ACCA qualified, partly qualified or an equivalent qualification.
• Ability to think critically and objectively.
• Willingness to work additional hours as needed.

Required skills

• General ledger accounting, with attention to detail and accuracy.
• Advanced Excel functions and Microsoft Office applications.
• Familiarity with Paxus is a major plus.
• Analytical, technical, organizational and problem-solving skills, and excellent communication skills.