Senior Fund Accountant, Fund of Funds

Citco GSGS; Toronto; On-site; CAD 100,000 - 125,000; Full time

Job summary

A global leader in fund services in Toronto is seeking a Fund Accountant to join their team. You will prepare valuation reporting, manage client interactions, and ensure compliance with various client agreements. The ideal candidate will possess a degree in finance or accounting, along with relevant experience in the financial industry. This role offers a comprehensive benefits package and flexible working arrangements.

Benefits

Flexible working arrangements

Training and education support

Diversity and inclusion initiatives

Qualifications

• Minimum of 2 years experience in financial industry or public accounting.
• Strong understanding of investment strategies and financial products.
• Ability to work in a professional and fast-paced environment.

Responsibilities

• Prepare daily/weekly/monthly valuation reporting for funds.
• Complete and review cash, portfolio, and capital reconciliations.
• Analyze portfolio pricing for performance reporting consistency.
• Act as a contact point for clients and resolve queries.
• Assist with new client onboarding and fund launches.

Skills

Communication skills

Client service experience

Financial industry knowledge

Education

University degree in accounting, finance, or economics

Professional accounting designation (CFA, CGA, CMA, CA, CPA)

Job description

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 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.

Qualifications

About You:

• You have a university degree in accounting, finance, economics, or a professional accounting designation (CFA, CGA, CMA, CA, CPA).
• Experience working in the financial industry or public accounting for at least 2 years, with an 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 work environment.

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

Your Role:

• You will prepare daily/weekly/monthly valuation reporting for a portfolio of funds, including the determination of Net Asset Value and the preparation of supporting financial statements.
• Independently complete and review cash, portfolio, and capital reconciliations, investigate and resolve 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 troubleshooting valuation issues and problem-solving as needed.
• Operate as a contact point for clients; respond to and resolve queries or escalate 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 onboarding and new fund launches, including reviewing 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.