Manager, Fund Accounting

Job Description

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 $1.8 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 Private Asset 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.

Responsibilities

Your Role:
• You will coach, develop and train staff.
• Manage client engagements
• Maintain and control the general ledger and various sub-ledgers
• Prepare and review financial statements, footnotes, and partner capital statements
• Prepare and review limited partner and general partner allocations
• Prepare and review trial balances and work paper product
• Review capital activity that pertains to the funds including capital calls, distributions, rebalances and transfers
• Prepare and review fee calculations including (but not limited to) management fees, admin fees, waterfall claw back, and carried interest calculations
• Manage and monitor the timing and quality of client deliverables
• Interact with senior management and manage overall relationships for multiple clients
• Provide technical accounting/industry knowledge to clients
• Establish plans for new client setup and transitions
• Coordinate with Operations group, Financial Statement group, Tax group and Investor Relations group
• Coordinate, manage and monitor external audit process
• Review private equity fund client's partnership agreements, PPMs and other materials
• Implement fund structures on accounting system
• Complete ad hoc reports as needed
• Be involved in any other functions required as part of the business of the Company

Qualifications

About You:
• You have 2+ years' experience in managing a team of Fund Accountants, Senior Fund Accountants and Supervisors.
• 3-5 years of fund accounting experience
• Knowledge of US GAAP and other comprehensive basis of accounting
• Knowledge of waterfall structures, modeling and calculations desirable
• 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
• Bachelor's Degree in Accounting, Finance or Economics
• Strong written and verbal communication skills
• Working knowledge of Excel and Word is essential, experienced user of the SunGard Investran PE accounting platform highly desirable

Salary Range: $120,000 to $170,000 USD

Our Benefits

Your 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.

At Citco, we take pride in fostering an inclusive culture by prioritizing the hiring of people from diverse backgrounds. Our culture is a source of pride and strength, fostering innovation, mutual respect, and collaboration. We warmly welcome and encourage applications from people with disabilities. If you require any accommodations to make our recruitment process more accessible for you, please let your recruiter know.

As an equal opportunity employer, Citco adheres to making all employment and personnel decisions without discriminating based on race, color, creed, religion, sex, physical disability, mental disability, age, marital status, sexual orientation, citizenship status, national or ethnic origin, or any other protected status. We believe that an inclusive workforce not only enriches our company but also drives us towards greater success.

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.

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