Account Manager - Dubai, United Arab Emirates - Apex Group Ltd

Apex Group Ltd

Verified Company

Dubai, United Arab Emirates

1 week ago

Posted by:

Ahmed Al-Mansouri

beBee Recruiter

Description

Account Manager - Hedge Fund Accounting

Description
**Associate Vice President (AVP)/ Account Manager

Fund Accounting**Segment: Open Ended Hedge Fund Accounting

Location:
Dubai, United Arab Emirates

We are currently looking for a
Associate Vice President (Account Manager) to support our growing operations in the Fund Administration department.

This role requires excellent management of client deliverables.

Responsible for working along with a growing a team of Account Managers, Senior Fund Accountants, Fund accountants involved in the areas of NAV calculation, Shareholder Reporting and Compliance from Dubai office, Apex Global Support Centers or any other Apex location.

The Account Manager/ AVP will be primarily responsible for the planning, scheduling and managing the daily workflows of all client deliverables such as NAV computation, Transfer Agency or Audit.

To actively collaborate with the extended team at Global Support Centers.

All work carried out will require detailed reviews for correctness and adherence to Apex policies and procedures. To become conversant with PFS Paxus software (or any other software, as required). To maintain the client relationship, take responsibility for co-ordination of regulatory reporting, audit preparation, and due diligence requirements. To prepare and/or review MIS reporting required by Senior Management or Apex Group.

Responsibilities:

The role duties and responsibilities will include but not limited to the following:

Assist in the NAV preparation and review process for our Hedge Fund clients including management of the entire process
Timely delivery of any other client specific reporting requirements
Planning, scheduling and managing the daily workflows of all client deliverables within the team
Responsible for accruing/amortizing daily or monthly nonsecurity related Fee accruals including management fees, performance fees and financing accruals
Assist in the preparation and review of subscription, redemption pack and ensuring timely communication with investors of the funds
Assist in the preparation and review of financial statements & liaising with auditor as required and managing the entire audit process
To ensure timely and accurate preparation of distribution calculations, tax statements and liaising with the tax advisor of the fund
Monitoring and review of the payments to be initiated for the client
Ensuring client enquiries are answered in accordance with Apex service standards on an ongoing basis
Ensuring compliance with regulatory requirements and other requirements of the funds specifications
Ongoing Implementation and refinement of SSAE 18 controls along with coordination with internal auditors and external SSAE auditors

Additional Responsibilities:

Actively cross selling our suite of services to our client base
Assisting in the development of new & existing global client relationships, optimizing service offerings, productivity and profitability
Ensuring adherence to documented procedures and policies
Work on the integration of large fund administration mandates
Working on ad hoc internal and global projects (as required)
First point of contact for internal and external audit, tax returns and compliance queries
Facilitate the flow of information between Senior Management and Operations team on a timely basis

Skills Required:

79 years' experience in a similar role incorporating the above functions
An ability to work to and meet agreed deadlines
Understanding of US GAAP & IFRS reporting standard for various fund structures
Strong PC skills including Word, Excel and Macros in Excel (Experience on Paxus an advantage)
An accountancy qualification (such as ACCA, CA) is an advantage
Knowledge and indepth understanding of various types of financial securities such as Equity, Bonds, Futures, Options, Sukuks, CDS, CFDs etc. and their accounting treatment.
A high degree of commercial awareness and client service focus
Prior experience working in the industry.
Strong leadership skills and supervisory experience of other professionals
Excellent organizational and communication skills and the ability to work on own initiative consistently producing accurate and timely work.
Good interpersonal skills to develop working relationships with colleagues, clients, other functions and professional intermediaries.
Demonstrated ability to automate processes
Knowledge of investor KYC and AML requirements
Familiarity with Paxus is a major plus.
An ability to think critically and objectively.
Multitasking and problemsolving skills.
Proficiency in advanced Excel functions is a plus
Work additional hours as needed.
Organised, accurate and willing to learn and take on new tasks.

About Apex
The Apex Group is a global financial services provider with 13,000 staff across 80+ offices globally. We look to recruit bright, articulate and numerate personnel who unafraid of