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
Treasury, Assistant Vice President
Assistant Vice President of Treasury Services is responsible for managing all treasury functions including liquidity management, short-term investment, bank account management, credit facility administration, treasury operations and other activities as directed for closed ended funds. The role requires interfacing with other groups inside and outside the organization, support the Company’s mission, vision, core values, and customer service philosophy.
Responsibilities:
- Develop and implement cash management strategies to promote operational efficiency and reduce bank-related expenses.
- Determine liquidity position/daily cash position for all accounts at numerous banks and ensure optimal levels of liquidity for all disbursement accounts.
- Manage revolving credit facilities including draws, principal reductions, reporting and reconciliations to lender statements.
- Assist in preparing audit and compliance schedules as requested and in accordance with credit or loan agreements.
- Review and/or reconcile bank accounts
- Coordinate and participate in the reconciliation of all incoming and outgoing wires.
- Responsible for coordinating approval and release of all payables and miscellaneous disbursements, including initiating wires.
- Administrator of online access and coordination of signatory authority for all operational and trust accounts.
- Develop cash flow models and preparation of projections.
- Participate in developing and maintaining formal, written accounting/treasury policies and procedures.
- Assist in maintaining a system of internal controls related to treasury cycle.
Requirements:
- BA/BS degree in Accounting, Finance, or related major
- 6+ years of experience with specific treasury and/or banking (having worked in a treasury department ideal)
- Must have strong experience with credit facility administration & liquidity management.
- Experience with Treasury Management System Development or implementation.
- Advanced understanding of financial analysis and cash flow forecasting.
- Expertise in the use of Dynamics and multi-entity reporting tools.
- Experience in interfacing within process improvement activities.
