Fund Accountant, Fund Accounting – Hedge Funds

Citco GSGS; Halifax; On-site; CAD 55,000 - 75,000; Full time

Job summary

A leading company in fund services seeks a Fund Accountant to join their Hedge Funds team in Halifax. The role involves preparing financial reports, ensuring compliance, and maintaining excellent relationships with clients. Ideal candidates will have a Bachelor's degree in a related field and strong analytical skills, with opportunities for professional growth within a diverse and inclusive workplace.

Benefits

Flexible working arrangements

Training and education support

Qualifications

• Pursuing CPA designation is an advantage.
• Work experience in financial area or public accounting is an advantage.

Responsibilities

• Prepare financial reports for investment managers and institutional investors.
• Determine 'Net Asset Value' and prepare P&L allocations.
• Monitor fund activities and maintain financial records.

Skills

Attention to detail

Communication

Teamwork

Organization

Analytical skills

Education

Bachelor’s Degree in Accounting, Finance or Economics

Tools

Microsoft Office

Job description

Qualifications

About You:

• You have a Bachelor’s Degree in Accounting, Finance or Economics.
• Affinity with investments and figures.
• Strong attention to detail.
• Team player, able to cope with individual responsibilities.
• Excellent communication skills.
• Organized and capable of working under pressure in meeting deadlines.
• Proficient with Microsoft Office (Excel, Word and Outlook).
• Work experience in the financial area or public accounting is an advantage.
• Pursuing the CPA designation is an advantage.

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 process.

Responsibilities

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 Fund Accounting – Hedge Funds team, you will work with some of the industry’s most accomplished professionals to deliver award-winning services for complex fund structures that our clients can depend upon.

Your Role:

• You will prepare financial reports in an international and dynamic environment for our clients who consist of investment managers and institutional investors within those Hedge Funds.
• Determine "Net Asset Value" and prepare investor P&L allocations in accordance with Service Level Agreements.
• Keep and maintain financial records including accrual reconciliations versus external sources, review reconciliations from other internal departments.
• Monitor activity in the Fund, covering corporate actions, income and expenses, fees, capital transfers, and performance.
• Perform valuation of hedge fund portfolio holdings.
• Provide analysis of fund performance and prepare performance/P&L related reports.
• Investigate, communicate, and resolve valuation/P&L related issues with hedge fund clients.
• Perform price verification and prepare sign-off packages.
• Ensure compliance of various agreements with the clients.
• Support the conversion of any new clients or existing migrations.
• Prepare ad hoc reporting in line with client and internal requirements.
• Maintain positive and professional relationships with Investment Managers, clients, auditors, and other Citco offices.
• Work with all team members to improve product quality, efficiency, and consistency.