Account Manager

1 week ago


Dubai, Dubai, United Arab Emirates Apex Group Full time
Account Manager


Location:

Dubai, United Arab Emirates

Date Posted:
Apr 13, 2023

Description

Associate Vice President (AVP) / Account Manager

Role

Location:

Dubai, United Arab Emirates


Segment:
Open-Ended Hedge Funds Accounting

Employment Type:
Full-time

About Apex
The Apex Group is a global financial services provider with over 10,000 staff across 80+ offices globally.

We look to recruit bright, articulate and numerate personnel who are unafraid to take on challenges 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.


The Role:


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

This role requires excellent management of client deliverables.


The Account Manager will be primarily responsible for the planning and managing of the daily workflows of all client deliverables and 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.


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 as well as take responsibility for co-ordination of regulatory reporting, audit preparation, and due diligence requirements and to prepare or review MIS reporting required by Senior Management or Apex Group.


Key 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 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).

- com/MBA
  • Finance/CFA.
  • 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.
  • Strong leadership skills and supervisory experience of other profe


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