Account Manager - Private Equity (1 Y Contract role)

Citco; Sydney; On-site; AUD 150,000 - 190,000; Full time

Job summary

Citco is seeking an Account Manager for Private Equity on a 1-year contract in Sydney. You will manage a portfolio of PE funds, supervise a small accounting team and act as the day-to-day client contact. Collaboration with Investor Relations and auditors is essential.

The role requires a strong accounting background in financial services, IFRS/US GAAP knowledge, and leadership experience. Excellent communication and Microsoft Office proficiency are essential.

Qualifications

• Bachelor Degree in Accounting, Finance and/or studying for a professional qualification (CA, CPA or ACCA or equivalent).
• Minimum 6 years’ accounting experience in the financial services sector, particularly Private Equity, Asset Management or Fund Administration.
• Knowledge of IFRS and/or US GAAP.
• Experienced in reviewing and preparing general ledger and financial statements.
• Established knowledge in relation to accounting and consolidations under IFRS.
• Excellent communication skills and proficiency in English (verbal and written).
• Motivated, bright and diligent with deadlines; team player with supervisory experience (3–4 years).
• Proficient with Microsoft Applications (Excel, Word, PowerPoint).
• User experience with enterprise accounting systems; Investran highly desirable.
• Experience in Limited Partnership accounting and private equity fund administration.

Responsibilities

• Maintain books and records and calculate fund Net Asset Values.
• Coordinate and review financial statements and reports, including monthly/quarterly metrics.
• Coordinate and review calculations of carried interest/performance/incentive fees.
• Coordinate and review capital calls, distributions and equalizations.
• Coordinate and review partner capital account statements.
• Coordinate processing of payments and other transactions.
• Supervise staff and sign off on work; act as primary day-to-day client contact.
• Work with Investor Relations to respond to investor queries and notices.
• Maintain relationships with investors, managers, banks and auditors; assist auditors.
• Participate in client presentations; monitor compliance with Service Level Agreement.

Skills

Communication skills

Problem solving

Analytical skills

Team player

English proficiency

Education

Bachelor Degree in Accounting/Finance

Tools

Excel

PowerPoint

Word

Investran

Job description

Account Manager - Private Equity (1 Y Contract role)

Citco is a privately owned organization providing specialized services to Private Equity and Real Estate firms, hedge funds, international financial institutions and high net worth individuals. We are the leading administrator in the alternative funds space worldwide and one of the largest corporate fiduciary and administrative services companies.

We have over 75 years’ experience in providing administration services to a diverse group of organizations, including those in the Real Assets and Private Equity sectors. Through our global network of 60 offices in 40 countries we assist clients with their administration and reporting requirements; we set-up and (co)manage holdings, administer corporate activities, and maintain the good legal standing of their companies.

About the Role

Your role will encompass the administration of and any services pursuant to Administration Agreements in respect of a portfolio of Private Equity funds working closely with the Vice President and supervising a small team of accountants.

Job Duties in Brief

• Responsible for maintaining books and records and calculation of fund Net Asset Values;


• Coordinating and reviewing financial statements and associated reports, including performance metrics for monthly/quarterly reporting;


• Coordinate and review calculations of carried interest/performance/incentive fees;


• Coordinate and review calculations and investor allocations for capital calls, distributions and equalizations;


• Coordinate and review partner capital account statements;


• Coordinate processing of payments and other transactions;


• Supervise staff members, reviewing and signing off on work performed;


• Acting as a primary day-to-day contact with clients and other fund participants;


• Work closely with the Investor Relations team to respond to investor queries and to disseminate capital activity and other investor notices;


• Maintaining relationships with investors, investment advisors/managers, banks and auditors and other fund participants;


• Assisting auditors and other fund participants and advisers;


• Participating in presentations to existing and prospective clients;


• Monitor compliance of various agreements with clients, including the Service Level Agreement;


• Participating in projects that may be defined from time to time in connection with the continuing expansion and evolution of the business;


• Any other functions required as part of the business of the Company, and reporting to the Vice President.

About You

• Bachelor Degree in Accounting, Finance and/or studying for a professional accounting qualification (i.e. CA, CPA or ACCA or equivalent)


• Minimum6 years’ experience in accounting for the financial services sector, particularly Private Equity, Asset Management or Fund Administration.


• Knowledge of IFRS and / or USGAAP


• Experienced in reviewing and preparing general ledger and financial statements.


• Established knowledge in relation to accounting and consolidations under IFRS.


• 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.


• Supervisory skills with experience in managing and/or leading staff for 3-4 years.


• Strong business acumen.


• Good client/ business relationship management


• Sound judgment, problem solving and analytical skills.


• Proficient with Microsoft Applications (Excel, Word, PowerPoint etc).


• User experience with enterprise accounting system(s).


• Working knowledge of Investran highly desirable (or other Private Equity system e.g. E-Front)


• Experience in Limited Partnership accounting


• Private equity fund administration experience