Manager - Closed Ended Fund Accounting

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

Account Manager – Private Equity

Role Location: Malta

Department: Fund Administration - Private Equity

Employment Type: Permanent

The Role & Key Responsibilities:

The successful applicant for this position will be responsible for overseeing a team of Private Equity Fund accountants involved in the areas of NAV Calculation, with support from Investor Reporting, Company Secretarial and Compliance teams. The individual will maintain client relationships; take responsibility for co-ordination of regulatory reporting, audit preparation, new business take on and portfolio due diligence requirements of the company. The individual will also manage the co-ordination of regulatory reporting, audit preparation, review and timely delivery of reports. This is an exciting role for someone who is determined to get involved in all aspects of fund administration.

Role Responsibilities:

• Timely and accurate NAV calculations.
• To ensure NAV calculations are reviewed and delivered by the agreed delivery timeframes along with any other client specific reporting requirements.
• Operational onboarding of new and take on funds and ensure everything has been prepared prior to the launch and take on date – bank and broker access, set-up in the accounting system, etc.
• Attendance to meetings where NAV calculations, Financial Statements and other deliverables are discussed.
• Processing and review of capital call and distribution transactions
• Ongoing Implementation and refinement of SSAE 18 and ISAE 3402 controls.
• Ensuring client enquiries are answered in accordance with Apex’s service standards on an ongoing basis.
• Ensuring compliance with regulatory requirements and other requirements of the funds specifications.
• Review and authorisation of payments via bank portals.
• Preparation and review of financial statements and audit liaison
• Monitoring of administration fee payments and chasing of debtors.
• Ensuring best practices are adopted and improving processes to gain efficiencies.
• Managing a team of people within the Private Equity team.
• Plan resources in line with business demands

Skills Required:

• At least 3 years’ experience in private equity, real estate, funds of funds and debt/loan funds.
• Familiarity with preparing and reviewing of capital call, distributions, management fee calculations, waterfall calculations and preparation of financial statements.
• Knowledge of the Efront system for accounting transactions will be considered an asset
• Knowledge of accounting standards i.e. IFRS /NL GAAP.
• Ability to work to and meet agreed deadlines.
• Excellent interpersonal and written communications skills.
• Ability to multi-task and work in a pressurised environment.
• Capacity to problem-solve and ability to deal with complex issues.
• Part / Qualified Accountant (ACCA, ACA, University Degree).
• Strong PC skills including MS Word and Excel.
• Experience in managing people will be considered an asset

Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.