Associate- Real Assets Fund Accounting

Job Description

The Apex Group was established in Bermuda in 2003 and is now one of the worlds 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.Thats 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 well 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 youAssociate Real Estate Fund AccountingThe successful candidate will join the Fund Services team as an Associate and will be closely working with Clients and Client Service Managers based in Asia/UK/US region in connection with the performance of duties related to the administration of Real Estate Funds. Candidate should have 0-4 years of relevant experience in the Real Estate Fund Accounting and NAV calculations. Candidate preferred to have Yardi experience and should have relevant experience in Property Accounting, Client relationship management, Preparing Financials and other Client reporting.ReportingThe position reports to AVP RE Fund AccountingJob specification

• Performs Fund Accounting/Property Accounting related activities of Real Estate Funds/Properties.
• Performs Net Assets Value calculations and Financials of the Real Estate Funds / Properties for a variety of client needs as well as different fund structures.
• Perform Management Accounts and various client reporting that include booking journal entries/accruals/adjustments and various fund level fee calculations.
• Perform and sign off Interim/Annual NAV packs/Financials for Real Estate Funds/Properties including the consolidated accounts/financials for SPVs and Properties.
• Perform Fund/Property/Lease set-up, Accounts Payable and Accounts Receivable related activities in accounting platform (Yardi).
• Verifies complex fund transactions, audit comments within scheduled timeframes and resolves exceptions on a timely basis.
• Ensure that you comply with all controls, checklists and general company policies.
• Collection/verification of relevant information for Fund/Property/Lease set-up and to facilitate the Net Assets Value calculation and preparation of NAV pack.
• Prepare Cash/Position/Market Value/Inter-company Reconciliations.
• Ensure all scheduled work is completed by agreed deadlines and flag any service delivery issues to Management as early as possible.
• Identify and implement process improvement techniques to improve the process efficiency and team productivity.
• Support in migration of Real Estate Funds from onshore location independently and ensure SLA targets are met.
• Support conversion of Real Estate Funds from other accounting applications to Yardi.
• Managing the client relationships for the Funds and individually handle the deliverable requirements on daily/weekly/monthly/Quarterly basis.
• Liaising with Onshore team, clients, and Auditors on various requirements and ensure all supports are provided to the auditors to get the financials approved on the agreed timeline.
• Support operations on projects related to Automations / Work migrations / Conversions etc.

Skills Required

• Experience working in Fund Accounting, Property Accounting, NAV calculation and Financial Statement preparation of Real Estate Funds.
• Experience in Transition of Real Estate Funds from onshore locations.
• Worked on on-boarding new clients and develop reporting templates for the clients.
• Good Experience in handling the client relationships and should be good in written and oral communication.
• Good conceptual knowledge in accounting principles and financial statement preparation.
• Experience in handling audit requirements and ad hoc client requirements in Real Estate Fund accounting.
• Good experience working on Yardi Voyager, MS Office and Macro enabled workbooks.
• Relevant Experience 0-4 years of experience preferably into Real Estate Fund Accounting and Property Accounting.
• Post graduate in Commerce, MBA Finance, CA/CMA/CFA.

Locations - Bangalore - North, India

Keyskills :
fund accounting expertise property accounting knowledgenav calculation skillsclient relationship management yardi accounting proficiency reports commerce mba finance audit management accounts reporting verification cfa accounts receivable