Apply on Employer Site

Apex Group Ltd · 3 weeks ago

Senior Manager of Closed End Fund Operations

Paramus

Full-time

Onsite

Senior Level

$150K/yr - $200K/yr

6+ years exp

Apex Group Ltd is one of the world’s largest fund administration and middle office solutions providers. They are seeking an experienced Private Equity Fund Accounting Manager to manage a team, interact with clients, and support day-to-day business processes of various client-sponsored investment funds.

Financial Services

Responsibilities

Actively manage day-to-day client relationships as the principal liaison with client’s internal finance function or administrative partner, supervise a team of Senior Accountants and Staff Accountants, and manage workflow in order to meet established timetables and deadlines

Ensure team complies with all accounting policies and control procedures

Review client investment-related legal documents and investment accounting entries for complex transactions including portfolio purchases and sales, portfolio valuation adjustments, waterfall calculations, and recurring investment income accruals

Maintain knowledge of accounting rules and reporting requirements pertaining to investment funds and registered investment advisors and ensure such rules are appropriately applied

Review and approve quarterly and annual financial work paper packages, reconciliations of accounting activity, and ensure accurate and timely quarterly and year-end closings; review and approve quarterly and annual financial statements for accuracy and compliance with generally accepted accounting principles

Oversee new hire training and performance review process

Review and approve periodic fund calculations including capital calls, management fees, and investor income allocations and distributions

Coordinate and manage the year-end audit and tax process and serve as primary point of contact with client’s audit and tax firms; review and approve annual tax workpaper packages

Review and approve drafts of various communications to clients and investment fund investors

Plan, communicate, and work efficiently with Investor Services Group to ensure deadlines are met

Provide recommendations to management regarding operating efficiencies and systems development

Qualification

Investment fund accountingPrivate equity experienceTeam managementCPA certificationClient service orientationInterpersonal skillsCommunication skillsProject management

Required

Bachelor's degree in accounting or a related field

Minimum of six years of investment fund accounting experience inclusive of private equity

Experience managing a team of accounting professionals

Exceptional interpersonal and communication skills

Client service orientation

Ability to manage multiple projects simultaneously

Preferred

Advanced degree and/or CPA

Real estate fund administration experience

Benefits

Additional discretionary yearly bonus based on corporate and individual's performance

Company

Apex Group Ltd

Glassdoor3.8

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.

Founded in 2003

Hamilton, P.O. Box 2460 HMJX, BM

10001+ employees