Senior Fund Accountant, Fund Accounting – Private Assets (Traditional PA)

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

Job summary

A premier provider in the asset servicing sector seeks a key member for their Private Assets team in Toronto. The ideal candidate will have experience in fund accounting, capable of managing complex fund structures while ensuring high-quality client deliverables. Responsibilities include net asset value calculations, maintaining financial statements, and collaborating with various departments. A Bachelor's Degree in Accounting, Finance, or Economics, alongside strong leadership and project management skills, are required. This role offers diverse benefits and supports an inclusive culture.

Benefits

Training and educational support

Flexible working arrangements

Inclusive culture

Qualifications

• 3 - 5 years of fund accounting experience in Private Equity Funds or related financial institutions.
• Experience in reviewing and preparing general ledgers and financial statements.
• Excellent written and verbal communication skills.

Responsibilities

• Complete monthly net asset value calculations, including cash and portfolio reconciliations.
• Maintain the general ledger and sub-ledgers.
• Prepare and review trial balances and work papers.

Skills

Leadership skills

Project management

Attention to detail

Communication skills

Excel proficiency

Education

Bachelor’s Degree in Accounting, Finance, or Economics

Tools

SunGard Investran PE platform

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, leading to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, pushing beyond industry boundaries to 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. We prioritize performance and aim to maintain our leadership position. If you want to excel and be at the forefront of your field, welcome to Citco.

For more information, please visit www.citco.com

About the Team & Business Line:

Fund Administration is Citco’s core business, with our alternative asset and accounting services being highly respected in the industry. Our ongoing investment in learning and technology enables us to deliver a seamless client experience.

As a key member of our Private Assets team, you will collaborate with accomplished professionals to provide award-winning services for complex fund structures that our clients rely on.

Qualifications

• 3 - 5 years of fund accounting experience in Private Equity Funds, Private Equity administration, or related financial institutions, with knowledge of financial products.
• Experience in reviewing and preparing general ledgers and financial statements.
• Strong leadership and supervisory skills.
• Project management abilities with attention to detail and multi-tasking skills.
• Bachelor’s Degree in Accounting, Finance, or Economics.
• Excellent written and verbal communication skills.
• Proficiency in Excel and Word; experience with SunGard Investran PE platform is a plus.

Our Benefits

We prioritize your well-being through various benefits, training, educational support, and flexible working arrangements. Specific benefits depend on your location. We value diversity and foster an inclusive culture that encourages innovation and mutual respect. Citco supports applications from people with disabilities, and accommodations are available upon request during the hiring process.

Your Role:

• Complete monthly net asset value calculations, including cash and portfolio reconciliations, income and expense accruals, partner/shareholder allocations, and financial statement preparation.
• Maintain the general ledger and sub-ledgers.
• Prepare and review trial balances and work papers.
• Manage the timing and quality of client deliverables.
• Interact with senior management and clients.
• Provide technical accounting and industry expertise to clients.
• Coordinate with Operations, Tax, Investor Relations, Financial Statement groups, and others at Citco.
• Review partnership agreements, PPMs, and related materials for private equity fund clients.
• Implement fund structures in the accounting system.
• Collaborate with the P&L team on valuations and price analysis.
• Complete ad hoc reports as required.