Fund Accountant
Citco
Fund Accountant
Citco
Global administrator and adviser for funds
About Citco
Citco is a global leader in fund services, corporate governance and related asset services with staff across 80 offices worldwide. With more than $1 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs.
For more information about Citco, please visit www.citco.com
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.
As a core member of our Fund Accounting - Real Estate 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.
Your Role:
Maintaining books and records; including
Maintain and control the general ledger and various sub - ledgers
Prepare financial statements, footnotes and partner capital statements
Prepare trial balances and work paper product
Process standard and complex bookkeeping entries
Involved within a full scope of transaction activities including full cycle accounting
Prepare financial data analysis
Participate in the implementation of fund structures into the accounting system
Calculating carried interest/performance/incentive fees;
Processing payments and other transactions;
Acting as a day-to-day contact with on-shore stakeholders;
Participating in projects that may be defined from time to time in connection with the continuing expansion and evolution of the business;
Identifying and escalating any material issues effecting service delivery to the Supervisor;
Any other functions required as part of the business of the Company, and reporting to the Supervisor
About You:
Bachelor Degree in Accounting, Finance or ACCA equivalent or studying for a professional accounting qualification (i.e. CA, CPA or equivalent.
Minimum of 2 – 3 years’ experience in accounting for the financial services sector, particularly Private Equity, Asset Management or Fund Administration.
Knowledge of IFRS and / or USGAAP
Knowledge of SPV accounting is must
Experienced in reviewing and preparing general ledger and financial statements.
Established knowledge in relation to accounting and consolidations under IFRS.
Strong operations experience with focus on processes and controls
Excellent communication skills and proficiency in English (both verbal and written).
Motivated, bright and diligent individual who is driven to meet deadlines.
A team player who is able to manage individual responsibilities.
Sound judgment, problem solving and analytical skills.
Proficient with Microsoft Applications (Excel, Word, PowerPoint etc.).
User experience with enterprise accounting system(s).
Experience in Limited Partnership accounting
Private equity/real estate fund administration experience
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.
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.
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