Vice President, Client Services - Private Assets

Citco GSGS; Toronto; On-site; CAD 90,000 - 130,000; Full time

Job summary

A leading company in fund services is seeking a seasoned professional in private equity accounting. The role involves managing financial statements, client relationships, and leading a team while ensuring compliance with accounting standards. Ideal candidates will have extensive experience and strong technical skills.

Benefits

Flexible working arrangements

Training and development opportunities

Qualifications

• 8+ years of public/private equity accounting experience.
• Strong knowledge of waterfall structures and modeling.
• Experience in reviewing and preparing financial statements.

Responsibilities

• Maintain and control the general ledger and sub-ledgers.
• Prepare and review financial statements and partner capital statements.
• Manage client relationships and oversee deliverables.

Skills

Negotiation

Business Planning

Budgeting

Margin Analysis

Technical Accounting

Leadership

Project Management

Communication

Microsoft Excel

Education

Bachelor’s Degree in Accounting, Finance, or Economics

CPA designation

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 Client Services - Private Asset 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 8+ years of public/private equity accounting experience.
• You possess skills in negotiation, business planning and budgeting, margin analysis, rating agency relations, and technical accounting.
• You have strong knowledge of waterfall structures, modeling, and calculations.
• You have a successful record of delivering large-scale business/technology reengineering initiatives in private equity, hedge funds, and fund of funds businesses.
• You have some knowledge of US GAAP and other comprehensive bases of accounting.
• You have experience reviewing and preparing general ledgers and financial statements.
• You demonstrate strong leadership skills and supervisory experience.
• You possess project management skills with attention to detail and the ability to multi-task.
• You have strong written and verbal communication skills.
• You have advanced computer skills, particularly in Microsoft Excel.
• You hold a Bachelor’s Degree in Accounting, Finance, or Economics.
• CPA designation is a plus.

Our Benefits

Your well-being is paramount, and we offer a range of benefits, training, and flexible working arrangements to support your career and personal needs. Please inquire about specific benefits in your location.

We embrace diversity and are committed to inclusive hiring practices, welcoming applications from people with disabilities. Accommodations are available upon request during all stages of the selection process.

Responsibilities

Your Role:

• Maintain and control the general ledger and sub-ledgers.
• Prepare and review financial statements, footnotes, and partner capital statements.
• Prepare and review limited partner and general partner allocations.
• Prepare and review trial balances and work paper products.
• Review capital activities, including capital calls, distributions, rebalances, and transfers.
• Calculate and review fees such as management fees, admin fees, waterfall clawback, and carried interest.
• Manage client relationships, oversee deliverables, and coordinate meetings.
• Interact with senior management and provide technical accounting expertise to clients.
• Lead the preparation of client service plans, including annual budgets and setup transitions.
• Coordinate with Operations, Financial Statement, Tax, and Investor Relations groups.
• Manage external audit processes.
• Review partnership agreements, PPMs, and related materials.
• Implement fund structures on the accounting system.
• Coach and develop staff, and contribute to infrastructure development.
• Review trading and operational processes within the private equity division.