Supervisor, Fund Accounting - Private Assets (Traditional PA)

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

Job summary

A leading provider in asset servicing is seeking a professional for their Private Assets team in Toronto. This role involves overseeing Net Asset Value calculations for Private Equity Funds and ensuring compliance and accuracy in financial reporting. The ideal candidate will have at least 4 years of fund accounting experience and strong leadership and analytical skills. You'll interact with clients and manage external audits, all while fostering an inclusive culture that values diversity.

Benefits

Flexible working arrangements

Training and benefits

Qualifications

• 4+ years of fund accounting experience in Private Equity Funds or similar financial institutions.
• Experience in reviewing and preparing general ledgers and financial statements.
• Strong judgment and sound problem-solving skills.

Responsibilities

• Oversee and prepare periodic Net Asset Value calculations for Private Equity Funds.
• Review accounting work, fund-specific expenses, and compliance with standards.
• Supervise daily team activities and foster a problem-solving culture.

Skills

Leadership

Project Management

Problem Solving

Analytical Skills

Communication

Attention to Detail

Education

University degree in Accounting, Finance, Economics

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

Tools

Microsoft Office (Excel, Word)

FIS 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 the boundaries of our industry 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 this progress as we move forward. If you want to excel and be at the forefront of your space, welcome to Citco.

For more information about Citco, 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. Our investment in learning and technology ensures our team delivers seamless client experiences.

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

Qualifications

• You hold a university degree in Accounting, Finance, Economics, or a professional accounting designation (CFA, CGA, CMA, CA, CPA).
• 4+ years of fund accounting experience in Private Equity Funds, Private Equity Administration, or similar financial institutions, with knowledge of financial products.
• Experience in reviewing and preparing general ledgers and financial statements.
• Strong leadership and supervisory skills.
• Project management skills with attention to detail and ability to multi-task.
• Sound judgment, problem-solving, and analytical skills.
• Excellent written and verbal communication skills.
• Proficiency in Microsoft Office (especially Excel and Word); experience with FIS Investran PE platform is highly desirable.

Our Benefits

We prioritize your well-being through various benefits, training, and flexible working arrangements. We value diversity and promote an inclusive culture that fosters innovation and mutual respect. Accommodations are available upon request for candidates with disabilities.

#INDCIT

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 allocations.
• 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, meeting all client SLAs.
• Coordinate with Investor Relations, Waterfall, Tax, Financial Reporting, and other teams globally.
• Act as a primary contact with clients and fund participants.
• Manage external audit processes.
• Provide technical accounting and industry knowledge to clients.
• Participate in client onboarding and conversions.
• Supervise daily team activities and provide mentorship.
• Act as liaison between team members and management.
• Foster a problem-solving culture and implement efficiency initiatives.
• Generate ad hoc reports as needed.