Manager, Fund Accounting – Hedge Funds

Citco GSGS; Ontario; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading global provider in asset servicing is seeking a skilled professional to oversee financial reporting and client interactions within their Fund Administration team. The ideal candidate will have a strong background in accounting or finance, with a focus on hedge fund accounting. This role involves managing a team, ensuring compliance, and facilitating successful client onboarding. The company values diversity and offers a supportive work environment with various benefits.

Benefits

Flexible working arrangements

Training and education support

Qualifications

• 5+ years of experience in hedge fund accounting or investment companies fund accounting.
• Nearly qualified or completed CA, CMA, CGA, CPA or CFA designation preferred.

Responsibilities

• Oversee and prepare financial reports and profit allocation statements.
• Ensure timely and accurate response to client inquiries.
• Assist with new client on-boarding and fund launches.

Skills

Financial Reporting

Analytical Skills

Communication

Education

Bachelor’s degree in Accounting

Bachelor’s degree in Finance

Bachelor’s degree in Economics

Tools

Excel

Office

Job description

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 :

• You will oversee and prepare financial reports and profit allocation statements, including calculation of “net asset value,” in accordance with client deadlines
• Act as liaison with the client on matters relating to the preparation of the monthly reporting package
• Ensure timely and accurate response to client inquiries
• Assist staff with their monthly work as the need arises
• Act as a liaison with external parties
• Ensure adherence to all internal and external standard procedures and best practices
• Assist with new client on-boarding and new fund launches to ensure successful completion
• Review administrative / accounting procedures and recommend solutions in order to work towards a more efficient NAV production process
• Facilitate compliance with internal reporting requirements
• Participate in strategic departmental and corporate initiatives
• Assist with ad hoc projects

About You :

• You have an accounting / finance background with relevant experience as evidenced by a Bachelor’s degree in Accounting, Finance or Economics and demonstrated 5+ years of work experience in hedge fund accounting or investment companies fund accounting with derivative instruments and external investors
• Nearly qualified or have completed CA, CMA, CGA, CPA or CFA designation (preferred – not a must have)
• Strong working understanding of investment strategies and financial products (including derivatives)
• Been in a reviewer capacity of deliverables and managing delivery for the team
• Experience managing a team of 5+ people as their manager, supervisor, coach, mentor etc.
• Able to demonstrate that you are comfortable working in an operations model where you have to coordinate and work with various teams
• Excellent written and verbal communication skills
• Demonstrated financial reporting, analytical and organizational skills
• Strong Office and Outlook skill set (especially Excel)
• Proven ability to work in a challenging and professional work environment

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.