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 xe2x80x98empower 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 youTeam Leader - Middle Office (Hedge Funds)Role Summary:We are seeking a Team Leader for our Middle Office (Hedge Funds) team. The primary focus of this role is to oversee the daily delivery of Middle Office services for South African hedge funds, including the creation of Daily Soft NAVs and reconciling funds to the fund accounting and prime broker records. The role will also include generating SLA reports senior management, assisting in staff-related matters, and assisting the team in delivering the daily tasks.Key Responsibilities:Operational Oversight

• Creation of Daily Soft NAVs.
• Reconciliation of fund information from fund managers with prime brokers.
• End-of-month NAV reconciliation with fund accounting.

Reporting and Analysis

• SLA reports for Senior Management
• Review team performance and incident metrics

Team Management and Development

• Support staff-related matters, including timesheets and performance objectives.
• Ensure tasks are distributed evenly across the team.
• Develop junior team members
• Contribute to performance reviews and provide feedback to team members.

Client and Stakeholder Interaction

• Act as a senior point of contact for clients regarding NAV queries and reconciliations.
• Collaborate with fund managers, prime brokers, and fund accountants to resolve discrepancies.
• Ensure all SLAs are met and maintain high standards of client service.

Skills and Experience:

• Bachelors Qualification in Accounting or Finance.
• Minimum of 5 years experience in the fund industry.
• Strong knowledge of NAV calculation and reconciliation processes.
• Excellent communication and organizational skills.
• Strong analytical and problem-solving skills.
• Ability to mentor and develop team members.
• Ability to prioritize work and meet strict deadlines.
• Motivated and driven with a proactive approach to work.
• Experience in preparing and analyzing operational reports.

Preferred Experience:

• Fund-related accounting experience.
• Knowledge of regulatory requirements, including Anti-Money Laundering laws.
• Familiarity with Hedge Funds and fund accounting.

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 souring model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.

Apex Group