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Associate Director, Fund Accounting - Private Equity Secondaries

Apollo Management Holdings, L.P.
Full-time
On-site
New York City 3 Bryant Park United States of America

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 Associate Director reports directly to the Fund Controller and will join a team of professionals supporting a recently launched and growing Evergreen Fund platform, within Apollo’s Sponsor and Secondary Solutions business (“S3”), across a 1940 Act Fund, Luxembourg SICAV and a tax advantaged insurance dedicated Fund. 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

  • Review NAV packages prepared by the fund administrators with all the relevant supporting documentation

  • Analyze profit and loss and Fund performance

  • Review calculation of management fees & incentive fees for various Fund structures

  • Assist with corporate and regulatory reporting requirements for a 1940 Act Fund, including N-CSR, N-PORT and N-CEN SEC filings amongst other ad hoc initiatives

  • Review external facing marketing materials

  • Assist with presentation of quarterly board reporting

  • Assist with annual audits and provide information for tax preparation

  • Ensure portfolio valuation is accurate and in accordance with the Funds’ valuation policy. Verify portfolio pricing to third-party sources

  • Analyze and prepare expense allocations and budgets between multiple Fund entities

  • Review wire transfer requests related to deal fundings and expense payments

  • Assist with managing short- and long-term Fund liquidity

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

  • Review junior team members’ deliverables

  • Execute on ad-hoc special projects from senior leaders

Qualifications & Experience

  • CPA preferred. 6+ years of Public/Private accounting experience preferred

  • Closed-end registered investment company experience preferred but not required

  • 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.

  • Ability to work well in a team environment, escalate issues as necessary, and multi-task/prioritize competing demands

  • 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 AI, Altyrex, Anaplan or Power BI 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 partners on their behalf. We strive to be:

The leading provider of retirement income solutions to institutions, companies, and individuals.

The leading provider of capital solutions to companies. Our breadth and scale enable us to deliver capital for even the largest projects – and our small firm mindset ensures we will be a thoughtful and dedicated partner to these organizations. We are committed to helping them build stronger businesses.

A leading contributor to addressing some of the biggest issues facing the world today – such as energy transition, accelerating the adoption of new technologies, and social impact – where innovative approaches to investing can make a positive difference.

We are building a unique firm of extraordinary colleagues who:

Outperform expectations

Challenge Convention

Champion Opportunity

Lead responsibly

Drive collaboration

As One Apollo team, we believe that doing great work and having fun go hand in hand, and we are proud of what we can achieve together.

OUR BENEFITS

Apollo relies on its people to keep it a leader in alternative investment management, and the firm’s benefit programs are crafted to offer meaningful coverage for both you and your family. Please reach out to your Human Capital Business Partner for more detailed information on specific benefits.

Apollo Global Management Inc. is an equal opportunity/affirmative action employer. The firm and its affiliates do not discriminate in employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other criteria prohibited under controlling federal, state or local law.

Pay Range

$140,000 – $205,000

Apollo Global Management, Inc. (together with its subsidiaries and affiliates) is committed to championing opportunity.

The firm and its affiliates comply with applicable discrimination and equal opportunities legislation in all of its jurisdictions and do not discriminate in employment or recruitment based on race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or any other protected characteristic under applicable law.

The contents of the qualifications and experience section of this job description are a guideline only. If an applicant can otherwise demonstrate their suitability for the role they will be considered.

The base salary range for this position is listed above. This position is also eligible for a discretionary annual bonus based on personal, team, and Firm performance. Compensation ranges are based on several factors including job function, level, and geographic location. Final offer amounts are determined by multiple factors including candidate experience and expertise, and may vary from the amounts listed here.