Senior Fund Accountant - Closed Ended

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 Core Responsibilities Subject Matter Expertise & Product Knowledge • Act as an SME for fund structures, investor economics, waterfalls, and carried interest calculations . • Provide guidance on complex accounting treatments (equalizations, FX remeasurement, side letter economics). • Support AVP/VP in interpretation of fund governing documents and application of accounting policies. Review & Quality Assurance • Review journal entries, reconciliations, and financial statements prepared by analysts. • Validate capital activity (calls, distributions, true-ups) and ensure compliance with fund terms. • Perform variance analysis and resolve discrepancies before reporting deadlines. • Ensure audit readiness by maintaining proper documentation and control adherence. Accounting & Reporting • Prepare and review quarterly and annual financial statements under US GAAP/IFRS. • Assist in valuation processes and ensure accurate application of fair value principles. • Support regulatory reporting (Form PF, Annex IV) and investor tax pack preparation. Process Improvement & Automation • Identify opportunities to streamline workflows and reduce manual touchpoints. • Collaborate on system enhancements (Investran, eFront, Allvue) and automation initiatives. Mentorship & Knowledge Sharing • Coach junior accountants on technical accounting concepts and system usage . • Conduct training sessions on fund structures, waterfall mechanics, and reporting standards. Key Performance Indicators (KPIs) • Accuracy: Zero material errors in reviewed deliverables. • Timeliness: On-time completion of reviews and reporting cycles. • SME Impact: Resolution of complex queries and successful knowledge transfer. • Process Efficiency: Reduction in review turnaround time and manual adjustments. Qualifications & Experience • Bachelor’s/master’s in accounting/finance; CPA/ACA preferred. • 5+ years in private equity fund accounting or alternatives. • Strong knowledge of US GAAP/IFRS , ASC 946/820, waterfall mechanics, and investor economics. • Proficiency in PE accounting platforms (Investran, eFront, Allvue) and Excel. • Excellent analytical and problem-solving skills. Competencies • Technical Depth: Advanced accounting knowledge and ability to interpret complex fund terms. • Attention to Detail: High accuracy in reviews and reconciliations. • Communication: Ability to explain technical concepts clearly to non-technical stakeholders. • Ownership: Takes initiative in resolving issues and improving processes. Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.