Senior Fund Accounting Manager - Hedge Funds

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

Senior Fund Accounting Manager – Hedge Funds
Location : Singapore

What you will be doing :

• Managing client deliverables in accordance with service agreements and SLAs including NAV preparation and all ad-hoc requests as principal point of contact for fund administration clients.

• Reviewing and processing fund payments fund manager and third parties

• Review and calculation of management fees, performance fees, interest and accruals

• Liaising with clients, brokers and custodians to address client queries and concerns

• Management of the NAV preparation and review process for our fund administration clients

• Adoption, integration and set up of new funds in accordance with prescribed procedures

• Adhering with internal policies and procedures and ensuring compliance with auditing standard as per SSAE 1 6/ SSAE 18 type II and other relevant requirements.

• Managing client audit deliverables including preparation of financial statements, responding to audit queries, completing audit confirmations and other audit requests

• Performing due diligence checks on new investors in line with Anti-Money Laundering and Counter Terrorist Financing company policies

• Ensuring compliance with local, jurisdictional and bank-wide AML and KYC standards

• Working on ad hoc internal projects as required

• Providing coverage for team members’ deliverables as required

• Review and understanding fund governing documents for clients to ensure adherence

• Assist in FATCA related checks and procedures

• Assisting in the development of new and existing global client relationships, optimizing service offerings, productivity and profitability

• Train staff on processing complex financial instruments and on all fund related matters.

• Supervise and review tasks performed by staff, including Net Asset valuations, broker , reconciliations, subscriptions and redemptions reconciliation , financial statements of funds, and liaise with auditors to ensure timely completion of audits.

• Assist in pre launch phase of new funds, including the review of fund documents, PPM (Private Placement Memorandum), set up of the fund structure in the system (PAXUS/Geneva ), and assist clients in opening of bank and broker accounts.

• Client relationship management and meeting deadlines

• Assist in any ad hoc tasks being assigned by senior manager managing director.

Skills Required:

• At least 5 years Senior Fund Accounting experience or Public Accounting experience with alternative investment funds, having exposure to a wide range of global investment activities.

• University degree in Accounting, Finance or a related discipline.

• Member of C.A, ACCA, CPA or equivalent.

• Min. 6 years of relevant work experience in fund administration industry.

• Good communications, interpersonal and problem solving skills.

• Must have knowledge of general accounting and reconciliation practices and procedures.

• Flexibility and ability to multi task and prioritize to deliver on time.

• Proficient in the use of Microsoft Excel and Microsoft Word.

• Proficiency in using PFS Paxus will be an advantage

What you will get in return:

• A genuinely unique opportunity to be part of an expanding large global business;

• Competitive remuneration commensurate with skills and experience;

• Training and development opportunities

Additional information:

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependants, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences.

We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet.

For more information on our commitment to Corporate Social Responsibility (CSR) please

“Personal data provided by job applicant(s) will be used for recruitment purposes only and will be treated strictly confidential. Such personal data can be accessed by different Apex stakeholders within and out of country for the consideration of the job application hereunder. Application made by the job applicant(s) constitutes the irrevocable consent of the job applicant for her/his personal data to be used by Apex stakeholders within or outside country for the purpose of this recruitment.”

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.