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 is responsible for end-to-end fund accounting and NAV oversight for AIF Category II (GIFT/IFSC funds). This position ensures accurate NAV calculation, compliance with IFSCA/SEBI regulations, strong client communication, and smooth day-to-day service delivery. The role also includes team leadership, process improvement, audit support, and participation in automation and migration initiatives.
Key ResponsibilitiesFund Accounting & NAV Management- Plan, schedule, and manage daily workflows for all client deliverables within the team.
- Review, prepare, and reconcile Daily / Monthly / Quarterly NAVs for AIF Category II funds.
- Finalize Month-end NAVs and prepare Investor-Level Allocation Reports.
- Ensure accurate performance fee and management fee calculations, including:
- Series accounting
- Equalization accounting
- Waterfall model calculations
- Oversee and review:
- Daily journal entries
- Management fee calculations
- Investment valuation
- Financial and investor reporting
- Ad-hoc client reporting
- Review and analyze portfolio pricing in accordance with IFSCA / SEBI valuation guidelines.
- Investigate and resolve pricing exceptions, ensuring proper documentation and approval.
- Ensure accurate valuation of:
- Listed & unlisted equity
- Derivatives
- Debt instruments, bonds, and debentures
- Accrue and amortize non-security-related fees (daily/monthly), including:
- Management fees
- Financing and other operational accruals
- Review and book capital activities such as:
- Capital calls
- Distributions
- Transfers
- Ensure compliance with IFSCA / SEBI regulations, particularly for close-ended AIF funds.
- Support preparation, review, and completion of regulatory filings as per IFSCA guidelines.
- Ensure adherence to all daily, weekly, monthly, and quarterly SLAs.
- Create and maintain detailed process checklists to ensure accuracy, completeness, and timeliness.
- Act as a primary point of contact for clients on:
- Daily estimates and NAVs
- Queries and escalations
- Reporting discussions
- Build trusted client relationships through clear, timely, and professional communication.
- Provide active support during fund audits, including preparation of financial statements.
- Partner with operations and technology teams on:
- Automation initiatives
- Work migrations
- System conversions and enhancements
- Drive continuous process improvement and operational excellence.
- Manage, mentor, and develop team members.
- Conduct performance appraisals and provide structured feedback.
- Support people growth, skill development, and succession planning.
- Be willing to work additional hours during critical reporting cycles.
- Strong experience in AIF Category II structures and GIFT City / IFSC funds.
- In-depth understanding of:
- Fund accounting
- General ledger accounting
- NAV processes
- Expertise in valuation of diverse asset classes per SEBI / IFSCA guidelines.
- Strong knowledge of performance fee, management fee, equalization, and waterfall calculations.
- Hands-on experience or familiarity with Efront / Allvue / Paxus (strong advantage).
- Advanced proficiency in MS Excel (complex formulas, models, reconciliations).
- M.Com / CA / MBA (Finance) / CFA
- Excellent analytical and problem-solving skills with strong attention to detail.
- Strong organizational and time management capabilities.
- Excellent verbal and written communication skills due to direct client interaction.
- Ability to manage multiple priorities in a deadline-driven environment.
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.
Skills Required
- Strong experience in AIF Category II structures
- In-depth understanding of fund accounting
- Expertise in valuation of asset classes
- Hands-on experience with Efront, Allvue, Paxus
- M.Com / CA / MBA (Finance) / CFA
Apex Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Apex Group and has not been reviewed or approved by Apex Group.
-
Flexible Benefits — Flexible benefits are positioned as being tailored by country, with localized packages and perks that can differ by jurisdiction. Mobility options such as the JUMP program add a non-cash element that can increase the perceived total rewards value for those who can access it.
-
Wellbeing & Lifestyle Benefits — Wellbeing support is described as including EAPs, mental-health workshops, mentoring support, and local lifestyle perks like gym or cycle-to-work schemes. These offerings broaden the benefits mix beyond purely financial rewards.
-
Retirement Support — Retirement support is described in at least one jurisdiction as including an employer match structure and an additional automatic contribution after tenure. This can strengthen the non-salary portion of total compensation where offered.
Apex Group Insights
What We Do
We are a single-source financial solutions provider dedicated to driving positive change while supporting the growth and ambitions of asset managers, allocators, financial institutions, and family offices around the world. Established in Bermuda in 2003, we have continually disrupted the industry through our investment in innovation and talent. Today, we set the pace in fund and asset servicing and stand out for our unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals. As a pioneering data and fintech-enabled company, we are a disruptor driving digital tools into fund and asset servicing. However, our vision to drive positive change extends beyond the industry. The Apex Foundation, a not-for-profit entity, is our passionate commitment to empower sustainable change
.png){kind=logo}
