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 Summary
The primary responsibility of the Accounting and Reconciliations Senior Administrator is to reconcile and manage the unit trust fund, Hedge and Offshore Fund accounts within Funds Services. The individual will be required to reconcile the investor and fund transactions; bank reconciliation and fund units efficiently, accurately and within daily deadlines; as well as setting up and ensuring checklists and standards are adhered to.
Duties and responsibilities
The Accounting and Reconciliations Senior Administrator – Transfer Agency will be expected to:
- Maintain daily Bank Reconciliations.
- Maintain Daily Stock Reconciliations.
- Prepare daily repurchase/commission/income distribution payment reconciliations
- Investor payments and collections – including manual payments
- Adhering to strict turnaround times in respect of queries reported to clients.
- Investigate and provide feedback on all reconciliation items – bank, stock, commission, etc.
- Achieving deliverables against agreed deadlines and managing of expectations with clients.
- Follow-up and ensure that client queries and any reconciliation items are resolved timeously and efficiently.
- Ensuring that daily, monthly and quarterly checklists are completed within the SLA and signed off;
- Provide input and assistance on accounting-related projects;
- Set-up of new fund and client GL, Bank Reconniliation and testing
- Work directly with the fund accounting team to ensure the correct application of distributions and timelines;
- Handling ad hoc requests and requirements;
- Flexibility to work non-standard working hours and South African public holidays;
- Develop a strong working relationship with the other Maitland offices e.g. Luxembourg and Caymen
- Checking all outputs for accuracy and completeness;
- High levels of engagment with both Maitland clients and the certain Investors
- Flexibility to work non-standard working hours and South African public holidays;
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
- Experience in fund accounting and reconciliation
- Knowledge of bank and stock reconciliation processes
- Ability to meet tight deadlines
- Experience in handling client queries
- Flexibility to work non-standard hours
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.
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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.
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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.
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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
