Supervisor, Fund Accounting

Citco GSGS; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

A leading provider in asset servicing, Citco, is seeking a Fund Accounting Supervisor to oversee financial statements and calculations for Private Equity Funds. The successful candidate will have over 4 years of experience, a relevant university degree, and strong leadership skills. This role is pivotal in ensuring high standards of quality and compliance while fostering a collaborative team environment. Citco values diversity and offers a flexible work culture with competitive benefits.

Benefits

Flexible work arrangements

Training and education support

Well-being benefits

Qualifications

• 4+ years of fund accounting experience in Private Equity Funds or similar.
• Experienced in reviewing and preparing general ledgers and financial statements.
• Proficient with FIS Investran and Microsoft Office, particularly Excel.

Responsibilities

• Oversee periodic Net Asset Value calculations for Private Equity Funds.
• Review fund-specific expenses and ensure compliance with standards.
• Supervise and mentor staff, coordinating team activities.

Skills

Leadership

Analytical skills

Problem-solving

Communication

Attention to detail

Education

University degree in Accounting, Finance, Economics

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

Tools

FIS Investran PE accounting platform

Microsoft Office

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 today as we innovate, expand, and shape the industry’s future. We work exclusively with hedge funds, all alternatives, corporations, and private clients, growing across asset classes and geographies. We prioritize performance and aim to stay at the top of our game. Welcome to Citco.

For more information, please visit www.citco.com.

About the Team & Business Line:

Fund Administration is Citco’s core business. Our alternative asset and accounting services are highly respected. We invest continuously in learning and technology to deliver seamless client experiences.

As a core member of our Private Assets team, you will collaborate with industry professionals to deliver award-winning services for complex fund structures trusted by our clients.

About You:

• You hold a university degree in Accounting, Finance, Economics, or a professional accounting designation (CFA, CGA, CMA, CA, CPA).
• You have 4+ years of fund accounting experience in Private Equity Funds, Private Equity Administration, or similar financial institutions, with knowledge of financial products.
• You are experienced in reviewing and preparing general ledgers and financial statements.
• You possess strong leadership and supervisory skills.
• You have project management skills with attention to detail and multi-tasking ability.
• You demonstrate sound judgment, problem-solving, and analytical skills.
• You have strong written and verbal communication skills.
• You are proficient in Microsoft Office (especially Excel and Word) and experienced with the FIS Investran PE accounting platform; familiarity is highly desirable.

Our Benefits:

We prioritize your well-being with benefits, training, education support, and flexible work arrangements. Specific benefits vary by location.

We value diversity and foster an inclusive culture that promotes innovation and mutual respect.

Citco welcomes applications from people with disabilities; accommodations are available upon request.

Your Role:

• Oversee and/or prepare periodic Net Asset Value calculations for Private Equity Funds, including financial statement preparation, trial balance review, and partner/shareholder allocation calculations.
• Review fund-specific expenses such as admin fees, management fees, carried interest, and other fees.
• Review accounting work, capital events, client deliverables, investor statements, and reporting prepared by staff.
• Review private equity fund partnership agreements, PPMs, and other materials.
• Ensure compliance with internal policies, external standards, and regulations.
• Maintain high standards of quality and accuracy; meet all client SLAs.
• Coordinate with Investor Relations, Waterfall, Tax, Financial Reporting, and other teams globally.
• Act as the primary contact with clients and fund participants.
• Manage and monitor external audit processes.
• Provide technical accounting and industry knowledge to clients.
• Participate in client onboarding and conversions.
• Supervise and coordinate team activities.
• Mentor staff and act as liaison between team and management.
• Foster a problem-solving culture and implement efficiency initiatives.
• Generate ad hoc reports as needed.