Open Ended Hedge Fund Accountant, AVP

Apex Group 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 Open Ended Hedge Fund Accounting Dubai, United Arab Emirates About Apex The Apex Group is a global financial services provider with 13,000 staff across 110+ offices globally. We look to recruit bright, articulate and numerate personnel who unafraid of achallenge and are prepared to work hard and love what they do. We provide an internal training and evaluation programme that will ensure you are equipped with the right experience and qualities to work with Apex's clients. Life at Apex isn't just about the work you do, it's about embracing the culture and loving what you 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 ensures it rewards loyal and dedicated employees. The international nature of our business and global network of offices means that there are opportunities to broaden your life experiences and take both short-term or permanent relocation options. We are currently looking for 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. The candidate will also be heavily involved in the implementation of the take-on process of new clients, which will involve review of PPMs, various agreements, setting up of NAV reporting packages suitable to the client’s requirements, set up on PFS Paxus (and/ or any other system) and initial NAV calculations. 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. Job 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 • Reconciliation of investment portfolios, dividends and interest, corporate actions, and investor capital activity • Good understanding of various types of Performance fee calculation, equalition, Management fee calculations. • Effective coordination with various support centers of Apex whenever required. • Responsible for accruing/amortizing daily or monthly non-security 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 • 7-9 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 • An understanding of complex fund structures and fund accounting to act as subject matter expert • Strong PC skills including Word, Excel and Macros in Excel (Experience on Paxus an advantage) • M.com/MBA – Finance/CFA • An accountancy qualification (such as ACCA, CA) is an advantage • Knowledge and in-depth 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 of 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. • Multi-tasking and problem-solving skills. • Proficiency in advanced Excel functions is a plus • Work additional hours as

Skills Required: 7-9 years’ experience in a similar role incorporating the above functions; Understanding of US GAAP & IFRS reporting standard for various fund structures; An understanding of complex fund structures and fund accounting to act as subject matter expert; Strong PC skills including Word, Excel and Macros in Excel (Experience on Paxus an advantage); M.com/MBA – Finance/CFA; An accountancy qualification (such as ACCA, CA) is an advantage; Knowledge and in-depth understanding of various types of financial securities such as Equity, Bonds, Futures, Options, Sukuks, CDS, CFDs etc. and their accounting treatment.

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; Reconciliation of investment portfolios, dividends and interest, corporate actions, and investor capital activity; Good understanding of various types of Performance fee calculation, equalition, Management fee calculations; Effective coordination with various support centers of Apex whenever required; Responsible for accruing/amortizing daily or monthly non-security 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 include actively cross selling services, developing client relationships, ensuring adherence to procedures, integration of large fund administration mandates, ad hoc projects, and acting as first point of contact for audits and tax queries.