Associate, Fund Accounting - Credit Hybrid

Position Overview

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 a growing platform, which spans across Apollo’s structured credit, asset backed financing, and direct origination strategies. In addition, the successful candidate will have the opportunity to work on multiple flagship funds as well as important strategic relationships at Apollo. 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. 

Primary Responsibilities

• Month end close process, including preparation of NAV packages with all the relevant supporting documentation

• Analyze profit/loss and fund performance on monthly basis including ROE & IRR calc

• Maintain detailed tracking of capital activities across complex fund structure

• Calculation of management fees & incentive fees on hedge and PE style structures

• Book GL entries in Investran to generate TB

• Prepare quarterly and annual financial statements and work closely with the auditors on annual FS audit

• Provide information for quarterly and annual tax preparation.

• Reporting quarterly and annually accounting information to corporate accounting to generate 10Q/10K; review of 10Q/10K drafts

• Responsible for portfolio valuation review and P&L attribution reporting for the funds

• Manage investor inquiries, reporting, and ad-hoc requests

• Maintain detailed summary tracking expenditures across funds, preparation and fund expenditures packages and wire transfer requests

• Identify and analyze daily cash activity for various fund entities

• Coordinate closely with internal counterparts in Corporate, Operations, Marketing, Tax, Legal, and front office functions

• Contribute to ongoing internal business reviews & reporting for senior leaders

• Special Projects: Execute on ad-hoc requests from senior leaders

Qualifications & Experience

• CPA preferred. 3-5 years of Public/Private accounting experience

• High preference for prior Investment Fund accounting/ audit experience

• High preference for prior experience with Master/Feeder structures

• Strong U.S. GAAP technical accounting expertise

• 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 and advanced knowledge of Excel and PowerPoint.

• A change cultivator, with a strong technology background and a focus on automation

• Proficient in Microsoft Excel required, experience with Investran or LemonEdge a plus

OUR PURPOSE AND CORE VALUES

Our clients rely on our investment acumen to help secure their future. We must never lose our focus and determination to be the best investors and most trusted partner