Fund Accountant | Abu Dhabi

International Association of Insurance Professionals (IAIP); Abu Dhabi; On-site; AED 180,000 - 300,000; Full time

Benefits offered by this job

Flexible working arrangements

Training support

Diversity & inclusion

Job summary

Citco in Abu Dhabi is seeking a Fund Administrator to prepare periodical financial reporting for Institutional clients, including NAV determination, asset and liability statements, and P/L statements; you'll perform cash, portfolio and capital reconciliations and liaise with banks and custodians.

You will support onboarding and launches, participate in year-end audit processes, and ensure compliance with client service agreements; candidates should have a degree in accounting/finance (CPA/CFA

Qualifications

• Bachelor's degree in accounting or finance.
• Professional accounting designation (CPA/CFA/CA/CMA) is a plus.

Responsibilities

• Prepare periodical financial reporting including NAV and Statements of Asset & Liabilities and P&L.
• Perform cash, portfolio and capital reconciliations and investigate discrepancies.
• Maintain contact with Banks, Custodians and Brokers; monitor client service agreements.

Skills

NAV calculation

Financial reporting

Cash reconciliations

Excel proficiency

Client liaison

Communication skills

Education

CPA/CFA designation

Tools

Microsoft Excel

Outlook

Job description

Job Description

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.

Your Role:

• Prepare periodical financial reporting for our Institutional clients, including the determination of "Net Asset Value" and prepare the Statement of Asset and Liabilities and Profit and Loss Statement
• Execute the financial control elements covering assets, liabilities, income and expenses, and equity
• Independently complete cash, portfolio and capital reconciliations and investigate and resolve any discrepancies
• Review and process notices received for capital calls and distributions on underlying portfolio Fund holdings
• Maintain contact with client operations staff, Banks, Custodians and Brokers
• Monitor compliance with various client service agreements
• Assist with new client onboarding and new launches to successful completion
• Participate in the fiscal year end audit process and provide information to auditors as required
• Liaise with internal and external parties to ensure that client needs are met
• Assist with ad hoc projects

About You:

• University degree in accounting, finance, economics or professional accounting designation (CFA, CGA, CMA, CA, CPA)
• Excellent verbal and written communication skills
• Proficient with Microsoft Office (especially Excel) and Outlook
• Proven ability to work in a challenging, professional, and fast-paced work environment
• Experience working in the financial industry or public accounting is an advantage

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.

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