Analyst, Fund Accounting - Core Credit
About The Position
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. Come to Apollo and join a community of extraordinary people who are committed to a culture of excellence and collaboration in everything that we do. We invest in our people for the long term and are committed to supporting their development at every stage of their career. The successful candidate will join a team of professionals supporting Apollo’s flagship insurance strategic capital franchise and multi-asset opportunistic funds within the growing Strategic Accounts group. The role will include high levels of interaction with investors, internal investment professionals, and senior leaders. This individual will be tasked with the quality execution of the day-to-day core accounting responsibilities, driving improvements in processes and reporting, and engaging in problem-solving. We are seeking a talented and dedicated professional with the ability to be part of a versatile team and a strong desire to learn and develop in their career. This is a tremendous opportunity to understand the complexity and diversity in both fund and investments within Apollo’s platform. Candidates for this position will have the ability to drive change and help us scale through participation in technology projects, controls\workflow and overall delivering quality service to our clients.
Requirements
- CPA preferred.
- 2-4 years of Public/Private accounting experience, particularly in asset management or alternatives.
- Strong U.S. GAAP technical accounting expertise.
- Previous Hedge Fund/PE Style/Financial Services experience a plus.
- A critical thinker with strong quantitative and analytical skills who expresses their thoughts and ideas clearly both in oral and written communications.
- A collaborative thinker who can also work independently, multitask and prioritize competing demands to meet deadlines in a fast-paced environment.
- A proactive and organized self-starter with a positive attitude, powerful work ethic, strong attention to detail.
- Proficient in Microsoft Excel.
- College degree with a competitive GPA and demonstrated math or analytical ability.
Responsibilities
- Assist with month-end close process, including completing a NAV package with all the relevant supporting documentation, maintaining the fund-level waterfall, calculating performance figures, coordinate investor reporting to limited partners and regulatory bodies.
- Reporting quarterly and annually accounting information to corporate accounting to generate 10Q/10K; review of 10Q/10K drafts
- Create and/or review year-end financial statements, facilitate the audit and provide information for tax preparation annually.
- Analyze profit/loss; and fund performance for investors on a monthly and quarterly basis
- Calculate management fees & incentive fees for hedge and private equity style fund structures
- Analyze and prepare expense allocations and budget cash liquidity for multiple fund entities
- Maintain fund general ledger and prepare partner capital activity notices including distribution waterfalls
- Coordinate closely with internal counterparts in Corporate, Operations, Marketing, Tax, Legal, and front office functions
- Assist with special projects and ad-hoc requests from senior leaders and investors
Benefits
- discretionary annual bonus based on personal, team, and Firm performance
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
