Apply on Employer Site

Apex Group Ltd · 1 day ago

Manager Fund Accounting

Evansville, IN

Full-time

Onsite

Mid, Senior Level

$90K/yr - $110K/yr

6+ years exp

Apex Group Ltd is one of the world’s largest fund administration and middle office solutions providers. The Manager will work as part of a team servicing clients, handling fund and investor accounting, cash forecasting, budgeting, and portfolio accounting responsibilities.

Financial Services

Responsibilities

Prepare work paper files including investment activity, management fee calculations, IRR calculation, unrealized/realized waterfall calculations, etc

Review fund reimbursable expenses

Prepare capital call and distribution calculations, sources/uses of cash, allocations, and investor notices

Prepare fund financial statements with footnotes and supporting schedules

Prepare partner allocations and capital account statements

Understand/review of LPAs, purchase/sales agreement, side letters, etc

Coordinate and support the audit for both SSAE 16 audit and fund audit

Support the tax team with information to prepare tax compliance/reports

Assist with other regulatory reporting

Responsible for investor and partner queries (i.e. audit confirmation, investor cash flow, IRR analysis, etc.)

Responsible for bank and brokerage reconciliations

Assist with Ad hoc financial analysis for client

Assist with credit facility drawdowns for the fund

Track portfolio company transactions (purchases, income, liquidity)

Understand complex investment structures (hold companies, blockers, tax withholding, etc.)

Calculate investment IRR

Accounting for holding companies and blocker entities

Qualification

Bachelor’s degree in accountingPrivate Equity experienceFund accounting knowledgeCPA PreferredPortfolio accountingWaterfall calculationsUS GAAPAudit process experienceSupervisory experienceCommunication skills

Required

Bachelor's degree in accounting/finance required

6 -10 years of professional experience (A mix of private and audit preferred)

Minimum 3-6 years of direct Private Equity experience (Hedge Funds do not count as relevant experience)

Strong Fund and Partner accounting knowledge

Credit funds exposure

Supervisory experience

Strong written and verbal communication skills

Highly motivated with ability to multitask

Experience in fund accounting with a focus on private equity experience

Knowledge with LPA or other governing documents

Experience with waterfall calculations

Basic knowledge of Level 3 valuation methodologies

Experience with audit process, including internal control and test of details

Knowledge of US GAAP with an emphasis on investment partnerships

Preferred

CPA Preferred

Portfolio accounting, complex investment structures preferred

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