Associate - Fund Accounting Private Equity

Job summary

The associate will perform cash reconciliations, prepare financial statements, and ensure accurate NAV calculations for private equity funds. They will also provide guidance to team members, assist with training, and maintain a controlled operating environment in compliance with regulatory requirements.

Job details

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 The Role & Key Responsibilities: Responsibilities include, but are not limited to performing and coordinating a variety of administrative duties and tasks including: Cash reconciliations & general ledger journal entries Preparation of accounting trial balance work papers and financial statements Maintenance of confidential institutional and high-net worth investor data Client deliverables and investor services including client web portals Develop ad hoc reporting as needed To ensure timely and accurate NAV calculations Processing of investment, cash, accrual, and capital transactions for funds Direct payments for assigned funds Ensuring compliance with regulatory requirements and other requirements of the fund’s specifications Provide guidance, expertise and assistance to fund accountants when needed Communicate with clients to address any questions or concerns Assist team leader with training of new employees Identify and resolve problems in a timely manner Review fund accountants’ funds and NAVs for accuracy and appropriate documentation Maintain a controlled operating environment in conjunction with company’s internal controls Skills Required: Bachelor’s degree in Accounting/Finance required Knowledge of Fund Administration (Private Equity and/or Hedge Fund accounting) a plus CPA/MBA/Master’s Degree is an advantage Ability to work towards and meet agreed deadlines Paxus, Geneva, Investran or eFront experience would be an advantage Prior experience with incentive fees, waterfall distributions, allocations, financial statements and/or subsequent closes is a plus Highly organized and motivated individual with an acute attention to detail Self-starter who volunteers for new opportunities and projects Ability to manage complex accounting structures Excellent interpersonal and written communications skills We pride ourselves in our commitment to fostering a connected and inclusive culture, all our opportunities at Apex have four (4) days in office requirement. 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.

What you’ll do

The associate will perform cash reconciliations, prepare financial statements, and ensure accurate NAV calculations for private equity funds. They will also provide guidance to team members, assist with training, and maintain a controlled operating environment in compliance with regulatory requirements.

Requirements

Candidates must hold a bachelor's degree in Accounting or Finance and possess knowledge of fund administration. Experience with industry-standard software like Paxus, Geneva, Investran, or eFront is considered an advantage.

Listed skills

• written communication · Preferred
• Problem solving · Preferred
• Training · Preferred
• Regulatory Compliance · Preferred
• Financial Reporting · Preferred
• interpersonal skills · Preferred
• Attention to detail · Preferred
• Data analysis · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Fund Accounting
• Private Equity
• Cash Reconciliation
• General Ledger
• Financial Statements
• NAV Calculation
• Regulatory Compliance
• Capital Transactions
• Financial Reporting
• Data Analysis
• Attention To Detail
• Interpersonal Skills
• Written Communication
• Training
• Problem Solving
• Ad Hoc Reporting
• Self-Starter
• Middle Office
• Waterfall Methodology
• Salesforce Apex
• Strong Work Ethic
• Administrative Functions
• Accounting
• Accruals
• Internal Controls
• Investments
• Certified Public Accountant
• Finance
• Fund Administration
• Hedge Funds
• Web Portals
• Trial Balance
• Writing
• Master Of Business Administration (MBA)
• Detail Oriented

Job areas

• Finance & Accounting
• Administrative
• Private Equity Fund Accountant
• Accountant (General)
• Accountants
• Accountants and Auditors