About the role

Aplyr's Quick Take

This role is for a Tax Account Associate focused on managing hedge fund relationships and handling various accounting tasks related to tax compliance. Daily duties include data collection, accounting reconciliations, and preparing financial reports for month-end and year-end processes. It's primarily an individual contributor role with a strong emphasis on attention to detail and accuracy.

Good fit

Ideal candidates are recent graduates with a degree in accounting or a related field, and preferably have up to one year of relevant experience in investment accounting or a similar environment. A proactive, detail-oriented working style will help you succeed here.

Worth noting

The role offers exposure to various investment products, which can be a great learning opportunity. However, the spec is vague on specific day-to-day responsibilities and team dynamics.

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

Tax Account Associate

Location - Tel Aviv.

Full time employment

Israeli Tax department is seeking for Tax Account Associate to support the multiple Hedge funds department and tax related responsibilities.

Job Specification

Account management with primary responsibility for multiple hedge fund relationships

Daily Accounting: Interact with brokers and clients, collect client data from brokers and fund, upload trades/pricing to general ledger system, reconcile positions/cash and resolve any break items

Month-End Accounting: Create month-end reporting package, create month-end work papers, prepare investor allocations, review investor statements

Year-End Accounting: Prepare year-end audit package which will help facilitate the fund’s year-end audit, assist auditor in their assessment of the fund’s control environment

Working with various investment products including equities, bonds, swaps, options, FX, mortgages, financing and futures

Checking and confirming investors statuses for tax purposes.

Checking and confirming Tax calculations Month-End - investor redemptions.

Checking and confirming Tax calculations Year-End.

Checking and confirming investors yearly tax report.

Knowledge in Israeli Tax authority rules.

Skills Required

• Bachelor’s degree in accounting or related field.

• Recent Graduates with up to 1 year experience encouraged to apply

• Desirable experience in one of the following areas: Investment Accounting, Audit, working for either a Prime Broker, Administrator, Hedge Fund, Mutual Fund, Investment Advisor or Financial Planner

• Prior experience with various financial products

• Strong MS Excel and analytical skills

• High level of English

What you will get in return

• A genuinely unique opportunity to be part of an expanding large global business

• Exposure to all aspects of the business, cross-jurisdiction and to working with senior management directly

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.

Aplyr's read

Apex Group is a dynamic player in financial services, linking investors with opportunities through innovative capital introduction and investment management solutions.
Synthesized from recent postings & public sources

What's promising

•Apex Group offers diverse roles, from technical positions to client-facing roles, indicating a broad operational scope.
•The company emphasizes innovative solutions in capital introduction, appealing to those interested in cutting-edge financial services.
•Apex Group's global presence provides employees with opportunities for international exposure and career growth.

What to watch

•Limited public information about company culture may concern potential applicants seeking a transparent work environment.
•The specialized nature of roles may not suit those seeking entry-level positions or career changes.
•Rapid industry changes in financial services could pose stability risks for employees.

Why Apex Group

•Apex Group focuses on connecting investors with opportunities, setting it apart from traditional financial service providers.
•The company's emphasis on capital introduction services is a distinctive aspect of its business model.
•Apex Group's diverse role offerings suggest a commitment to comprehensive financial solutions.

Aplyr’s read is generated by AI from public sources. Was it useful?

About Apex Group

Apex Group

theapexgroup.com

View company

Apex Capital Introduction Services provides innovative solutions for capital introduction and investment management, focusing on connecting investors with investment opportunities.