The Apex Group is a global financial services provider with 5,000
staff across 50 offices globally. We look to recruit bright,
articulate and numerate employees who are not afraid of a challenge
and are prepared to work hard and love what they do.
Every employee plays a part in making Apex who we are today and the
more that we grow, the more important that becomes. Whatever your
career path or specialism Apex provides a global platform to allow
you to thrive.
The Role:
The Lead Senior Fund administrator is responsible for all aspects
of the service provided to clients, specifically the timely and
accurately calculation of the Net Asset Value of Private Equity
funds and/or Hedge Funds. The Lead Senior Fund administrator will
communicate directly with clients and report directly to the
Account Manager.
Key Duties And Responsibilities:
• Maintenance of full (multi-currency) accounting records;
• Review of Net Asset Value calculations; including cash and
portfolio reconciliation, portfolio valuation, calculation of fees
and accruals and/or other required actions;
• Review of allocations for capital events, including capital
calls, distributions;
• Identify exceptions and issues affecting accounting records and
valuations, communicating same to management, and assisting in
their resolution;
• Assisting the Account Managers in the day-to-day work with
clients;
• Assisting the Account Managers in the day-to-day work with the
Junior Fund Administrators, Fund Administrators and Senior Fund
Administrators, including training, couching, organization of
working process, etc.;
• Preparing correspondence to various parties and communication
with clients;
• Assuring that all fees chargeable to the Fund are calculated and
paid on timely basis;
• Review invoice templates;
• Review payment instructions;
• Review of periodic financial statements, portfolio valuation
reports and other reporting adhering to strict reporting
deadlines;
• Reviewing the annual reports of the funds and provide guidance
and coordinate the audit process of the funds;
• Assist with client specific reporting/analysis requests and
special projects;
• Assist with on-boarding new business and process fund
changes;
• Assist in the creation and implementation of new
procedures/controls to improve performance, increase efficiency and
reduce risk;
• Reporting internally to Account Managers;