Citco

Global administrator and adviser for funds

Assistant Vice President - Hedge Fund Accounting

Financial AccountingConfirmed live in the last 24 hours

Full-timeMaharashtra, IndiaNo salary listedIn-person

About the Job

Requirements

A degree in Accounting or a Finance-related area, or studying for a professional accounting qualification.
Six to eight years of experience in Financial Services in a high-volume operational environment and/or the hedge fund industry.
Two to three years of experience managing and/or leading employees.
Strong analytical and problem-solving skills, with a high degree of attention to detail.
Strong interpersonal and teamwork skills.
Proficiency in Microsoft applications, including Word, Excel, and PowerPoint.

Responsibilities

Administer services pursuant to administration agreements for a portfolio of hedge fund clients.
Review and sign off on Net Asset Value calculations, financial statements, and associated reports.
Review and authorize payments and other transactions.
Value hedge fund portfolio holdings.
Analyze fund performance and prepare performance and profit-and-loss reports.
Build relationships and work closely with internal Centre of Excellence and non-Centre of Excellence teams, including Operational Support, Middle Office, Pricing, Investor Relations, and Relationship Management Fund Accounting teams.
Plan, schedule, and manage the team's daily workflows for all client deliverables.
Monitor deliverables to ensure high service-level agreement compliance within set accuracy standards.
Develop, adhere to, and maintain target resource deployment to ensure adequate resources for production, overtime, and cost management.
Ensure adherence to applicable best-practice policies and client-specific agreements.
Address or escalate material issues affecting the Net Asset Value production process or client relationship to the Vice President in a detailed and timely manner.
Manage and coordinate the year-end process, including audit timelines, financial statement preparation, regulatory filings, and tax services.
Liaise with the Supervisor to identify and implement on-the-job training initiatives for team members; manage team-related duties, including vacation management and performance appraisals.
Own and coordinate intra-office migrations and/or new client onboarding.
Own departmental initiatives while supporting team initiatives.
Drive continuous improvement and seek efficiencies while maintaining adequate controls.

About Citco:

The market leader. The premier provider. The best in the business. At Citco, we’ve been the front-runner in our field since our incorporation in 1948 led to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, push beyond the boundaries of our industry, and shape its future. From working exclusively with hedge funds to serving all alternatives, corporations and private clients, our organization has grown immensely across asset classes and geographies. For us, this progress is a pattern that we’ll only maintain as we move forward, always prioritizing our performance. So for those who want to play at the top of their game and be at the vanguard of their space, we say: Welcome to Citco.

About 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.

About You:

Degree qualified in Accounting or Finance related area and/or studying for a professional accounting qualification
6-8 years of experience in Financial Services with high volume operational environment and/ or hedge fund industry
Managing and/or leading employees for 2-3 years
Excellent analytical, problem solving skills with high degree of attention to detail
Strong interpersonal and teamwork skills
Proficient in Microsoft Applications (Word, Excel, PowerPoint etc.)

Our Benefits

Your wellbeing is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.

We embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.

Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.

Your Role:

Performing the administration of and any services pursuant to administration agreements in respect of a portfolio of hedge fund clients
Review and sign-off of Net Asset Value calculations, financial statements and associated reports
Reviewing/Authorizing payments and other transactions
Valuation of hedge fund portfolio holdings
Analysis of fund performance and prepare performance/P and L related reports
Building relationships and working closely with Citco Internal COE and non-COE teams including Operational Support, Middle Office, Pricing, Investor Relations and Relationship Management Fund Accounting teams
Planning, scheduling and managing the daily workflows of all client deliverables within the team
Effective monitoring of deliverables to ensure high SLA compliance within set accuracy standards
Developing, adhering and maintaining target resource deployment to ensure adequate resources for production, overtime and cost management
Ensure adherence of applicable best practice policies and client specific agreements.
Address and/or escalate all material issues effecting the NAV production process or client relationship in general to Vice President in a detailed and timely manner
Managing and coordinating the Year end process with respect to audit timelines, Financial Statement Preparation, Regulatory filings, Tax services, etc.
Liaising closely with the Supervisor to identify and implement on the job training initiatives for team members; own team related duties including vacation management, performance appraisals, etc.
Engage and own intra-office migrations and/ or new client on boarding
Contribute and own departmental initiatives while supporting team initiatives
Drive forward continuous improvement, seeking efficiencies while maintaining adequate controls

About the Company

Citco

Global administrator and adviser for funds

Citco provides professional financial services for the alternative investment industry and related areas, including fund administration, fund accounting, NAV calculations, investor relations, governance services, and banking and custody. It delivers these services through a global network and proprietary technology across divisions such as Citco Fund Services & Investor Relations, Governance Services, Banking, Depositary & Custody, and Citco Technology Management. Citco differentiates itself by its size, long heritage, global coverage, and in-house technology development that supports secure, scalable administration. Its goal is to be a trusted advisor and the leading service provider in financial and professional services, helping clients navigate markets and make informed decisions.

Company size: 10,001+
Company stage: Not listed
Total funding: Not listed
Headquarters: Cayman Islands
Founded: 1998

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