Senior Fund Accountant, Fund of Funds

The Citco Group Limited; Toronto; On-site; CAD 62,000 - 82,000; Full time

Job summary

The Citco Group Limited in Toronto is seeking a Fund Accountant to join our team to prepare valuation reporting, reconcile cash, portfolio and capital activity, and analyze fund pricing. You will support clients and onboarding of new funds, while ensuring compliance and accuracy in reporting for a portfolio of funds.

You will collaborate with fund accounting teams in a fast-paced, professional environment and contribute to year-end audits and ad hoc projects at a leading global asset servicing

Qualifications

• University degree in accounting, finance, economics or professional accounting designation (CFA, CGA, CMA, CA, CPA).
• At least 2 years in financial industry or public accounting with understanding of investment strategies and financial products.
• Excellent verbal and written communication skills and client service experience.
• Proven ability to work in a challenging, professional, and fast-paced environment.

Responsibilities

• Prepare daily/weekly/monthly valuation reporting for a portfolio of funds, including Net Asset Value and supporting financial statements.
• Independently complete and review cash, portfolio and capital reconciliations, investigate discrepancies and validate exceptions.
• Analyze portfolio pricing to ensure consistency and reasonability of performance reporting.
• Independently complete income and expense allocations including asset-based and performance fees.
• Support Fund Accountants by troubleshooting valuation process issues and providing problem-solving support.
• Serve as a contact point for clients and respond to queries or escalate as needed.
• Assist supervisor with coordinating deliverables and first-level review of reporting deliverables.
• Monitor compliance with client service agreements.
• Assist with new client onboarding and new fund launches, reviewing fund documents for operating terms, fees and compliance.
• Participate in fiscal year-end audits and provide information to auditors.

Skills

Communication skills

Education

University degree in accounting, finance, economics or professional accounting designation (CFA, CGA, CMA, CA, CPA)

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.

Responsibilities

Your Role:

• Prepare daily/weekly/monthly valuation reporting for a portfolio of funds, including the determination of Net Asset Value and preparation of supporting financial statements.
• Independently complete and review cash, portfolio and capital reconciliations, and investigate and resolve any discrepancies and validate exceptions
• Analyze portfolio pricing to ensure consistency and reasonability of performance reporting
• Independently complete income and expense allocations including calculating asset based and performance fees
• Apply technical proficiency to support Fund Accountants in their tasks by troubleshooting issues in the valuation process and problem-solving as needed
• Operate as a contact point for clients; be able to respond to and resolve queries or elevate where necessary
• Assist the team supervisor with coordinating deliverables and completing a first level review of reporting deliverables
• Monitor compliance with various client service agreements
• Assist with new client on-boarding and new fund launches inclusive of review of fund documents to verify and validate operating terms, fees and compliance requirements
• Participate in the fiscal year end audit process and provide information to auditors as required
• Assist with ad hoc projects

Qualifications

About You:

• You have a University degree in accounting, finance, economics or professional accounting designation (CFA, CGA, CMA, CA, CPA).
• Experience working in the financial industry or public accounting for at least 2 years and an understanding of investment strategies and financials products
• Excellent verbal and written communication skills and client service experience
• Proven ability to work in a challenging, professional, and fast-paced work environment

Salary Range

CAD 62,000 - CAD 82,000

- This posting is for an existing vacancy.