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
Description
- Oversee/assist in client services of closed ended fund administration clients; oversee operational work for clients
- Coordinate work performed in other locations globally, financial statements, fund admin reporting, client visits, global projects, client integration management
- Prepare quarterly net asset value calculations (cash, portfolio, capital/partner reconciliations, accruals)
- Adhere to strict reporting guidelines
- Calculate key performance indicators (KPI)/ metrics (management/performance fees, waterfall model, IRR/various rate of return metrics)
- Post investor reports/notices
- Manage contacts via investor portals Investment Café (ICX)/Intralinks
- Manage/execute conversion of existing PE Funds from accounting applications to eFront
- Monitor compliance with service agreements/apply controls to meet SOC 1 stds/regulatory requirements
- Work with fund solutions/administration
- Build/manage teams
- Interact with clients/client fund investments
- Communicate to team members concerning client fund specifics/industry best practices
- Direct overall management of assigned client service teams with focus on consistent application of Apex's process control procedures, workflow consistency, proper client communications, confidentiality of client data
- Develop full project plans
- Manage client team workloads to meet established timetables/deadlines; coordinate with different service teams at Apex
- Evaluate workload of client service teams to ensure adequate staffing to meet clients' assignments
- Ensure individual team members maintain balanced workloads
- Assist team members with prioritizing, delegating, managing temporary spikes in workload
- Make recommendations for new staff resources
- Ensure new hires receive appropriate training
- Identify inefficiencies
- Provide recommendations to management to address them through changes in procedure/enhanced technology
- Evaluate performance of individual client service team members
- Coordinate annual reviews
- Monitor/evaluate team hours to identify needs for additional training/supervision, enhancements to Apex processes/workflows/unusual client requests/working habits that require additional time commitments
- Maintain knowledge of accounting rules/reporting requirements pertaining to investment funds/registered investment advisors
- Ensure such rules are appropriately applied
- Assist in development of new/existing global client relationships
- Optimize service offerings, productivity, profitability
- Ensure adherence to documented procedures/policies
- Develop/enhance our fund administration platforms to automate and standardize processes
- Collaborate with global operational canters
- Utilize them for appropriate tasks within group
- Participate in new business pitches/resource estimation for its servicing
- Participate in various projects/product offering development and supervise others. This is a telecommuting position with remote benefit from various unanticipated locations throughout the U.S.
Skills Required:
- Master's degree or foreign equivalent in Finance, Economics, Accounting, or Managerial Accounting plus 1 year experience.
- Experience to include preparing quarterly net asset value calculations (cash, portfolio, capital/partner reconciliations, accruals) adhering to strict reporting guidelines
- Calculating key performance indicators (KPI)/ metrics (management/performance fees, waterfall model, IRR/various rate of return metrics); posting investor reports/notices, managing contacts via investor portals Investment Café (ICX)/Intralinks
- Managing/executing conversion of existing PE Funds from accounting applications to eFront and monitoring compliance with service agreements/applying controls to meet SOC 1 stds/regulatory requirements.
- This is a telecommuting position with remote benefit from various unanticipated locations throughout the U.S.
We pride ourselves in our commitment to fostering a connected and inclusive culture, all our opportunities at Apex have five (5) days in office requirement.
Salary ranges from USD $223,454.00 - USD $225,000.00 plus additional discretionary yearly bonus based on corporate and individual's performance. Compensation within this range is dependent on individual's skills, experience and qualifications.
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 souring model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.