Assistant Vice President - Fund Accounting

About Citco:

Citco is a global leader in fund services, corporate governance and related asset services with staff across 50 office locations worldwide. With more than $2 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.

Your Role: 

• You will maintain and control the funds’ general ledgers and various sub-ledgers and take full ownership for the accuracy and completeness of standard and complex bookkeeping entries.
• Liaise with supervisors and/or accounting specialists locally and in outsourced services locations as part of an integrative fund accounting servicing model.
• Prepare and/or review financial statements (stand-alone, consolidated), footnotes and partner capital statements and liaise with other Citco teams, where applicable.
• Manage the client capital activity processing (capital calls/distributions/transfers) and review/prepare management fee and waterfall/carry calculations.
• Prepare limited partner and general partner allocations, NAV packages and work paper products.
• Oversee and/or prepare reports to local and foreign regulatory authorities and standard and bespoke investor reporting requirements.
• Operate as a contact point for clients: able to respond in a solution-orientated manner and resolve client queries timely or escalate where necessary to the appropriate level of seniority.
• Act as liaison to various external stakeholders, i.e. auditors, tax advisors, legal counsel.
• Monitor the timing and quality of client deliverables and strive for continuous improvement.
• Review client Limited Partnership Agreements (LPAs), PPMs, and other materials and ensure service levels are in line with such legal documents.
• Manage and monitor client deliverables (SLAs) with your team and the client.
• Monitor Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs).
• Work with on-boarding solutions teams to implement new fund structures on accounting system.
• Interact with Management and improve customer experience.

• Mentor, coach and support team members in their professional development and participate in team goals settings and performance reviews.

   

About You:

• You have a Degree in Business or Finance desirable
• Qualified accountant or working towards ACA, CA, ACCA or CPA designation.
• 7+ years of private/public accounting work experience desirable
• 3+ years’ experience in Real Assets and Fund Accounting desirable
• Comprehensive knowledge of IFRS and Lux GAAP (knowledge of US GAAP is desirable).
• Comprehensive knowledge of accounting consolidation.
• Proven Fund Accounting system, Microsoft Word and Excel, and PowerPoint skills (knowledge of Yardi and/or Investran would be considered an advantage).

• Ability to handle several deliverables and multiple stakeholders simultaneously, and prioritize work based on deadlines.

   

• Familiarity with tax-efficient European structures and related investment vehicles and regulatory requirements would be considered an advantage.

Salary ranges 

3300-4500 EUR GROSS

Our Benefits

Your well-being 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.