Job DescriptionAbout the Team & Business Line: Fund Administration is Citco's core business, and our alternative asset and accounting service is one of the industry's most respected. Our continuous investment in learning and technology solutions means our people are equipped to deliver a seamless client experience.
As a core member of our Private Assets team, you will be working with some of the industry's most accomplished professionals to deliver award-winning services for complex fund structures that our clients can depend upon.
ResponsibilitiesYour Role: - Oversee and/or prepare periodical Net Asset Value calculations for the Private Equity Funds, including Financial Statement preparation, trial balance review and Partner/Shareholder Allocation calculations.
- Review the calculation of fund specific expenses, including admin fees, management fees, carried interest and other applicable fees
- Review accounting work, capital events, other client deliverables, investor statements and reporting prepared by staff
- Review private equity funds' partnership agreements, PPMs and other materials
- Ensure compliance with internal policies/procedures/best practices, external standards, and regulatory requirements
- Maintain high standards of quality and accuracy in all work performed by the team and ensure all client SLAs are met
- Coordinate with Investor Relations, Waterfall, Tax, Financial Reporting and other Citco groups/teams globally
- Act as a primary day-to-day contact with Clients and other fund participants
- Coordinate, manage and monitor external audit processes
- Demonstrate understanding of Private Equity Fund types and mechanics and provide technical accounting/industry knowledge to clients as needed
- Participant in client integration (including new client onboarding and conversions)
- Supervise and coordinate the daily activities of team members
- Provide guidance, support, and mentorship to staff
- Act as a liaison between team members and upper management
- Foster a problem-solving culture within the team
- Implementation of efficiency initiatives in a timely manner
- Generate ad hoc reports as required
QualificationsAbout You:- You have a University degree in Accounting, Finance, Economics or professional accounting designation (CFA, CGA, CMA, CA, CPA).
- 4+ years of fund accounting experience in either a Private Equity Fund, Private Equity Administrator, or other financial institution where the accountant has gained financial products knowledge
- Experience in reviewing and preparing general ledgers and financial statements
- Strong leadership skills and supervisory experience of other professionals
- Project management skills with attention to detail and proven ability to multi-task
- Sound judgement, problem solving and analytical skills
- Strong written and verbal communication skills
- Proficient in Microsoft Office (Especially Excel and Word), experienced user of the FIS Investran PE accounting platform highly desirable
Our BenefitsYour well-being is of paramount importance and central to our success here at Citco. Citco offers a comprehensive and competitive total rewards package to support your career success and personal needs. Your base salary will be determined by several factors such as the role, experience, skillset, market conditions, etc. Furthermore, qualifying positions can participate in an annual discretionary bonus pool based on company profitability and individual contributions. Our comprehensive benefits package includes medical, dental, and vision coverage, short and long-term disability benefits, a retirement savings plan, tuition reimbursement, mental health and wellness support, parental leave, and more. Additional details about our total rewards package will be shared during the hiring process.
Please note that this job description is not intended to be all-inclusive. Our employees may perform other job-related duties as needed to meet the ongoing needs of our organization.
