Vice President, Fund Accounting – Hedge Funds

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

Job summary

An established industry player is seeking a dedicated professional to join their Fund Accounting team. In this role, you will be pivotal in managing complex hedge fund accounts, ensuring accurate net asset value calculations, and nurturing client relationships. You will collaborate with a team of experts, providing training and support while leading projects that drive business evolution. This is a fantastic opportunity to enhance your career in a dynamic and inclusive environment that values diversity and personal growth. Join a company that prioritizes your well-being and success, offering a range of benefits and flexible working arrangements.

Qualifications

• 6-7 years of experience in Hedge Fund Accounting required.
• Strong Excel skills and communication abilities are essential.

Responsibilities

• Calculate net asset values for complex hedge funds.
• Manage client relationships and ensure timely delivery of reports.
• Train and supervise team members in fund accounting.

Skills

Hedge Fund Accounting

Financial Markets Knowledge

Excel

Communication Skills

Education

Bachelor's Degree

Master's Degree

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 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.

As a core member of our Fund Accounting – Hedge Funds team, you will be working with some of the industry’s most accomplished professionals to deliver award-winning services for complex fund structures that our clients can depend upon.

About You:

• You have a Bachelor’s or Master’s level degree.
• Minimum of 6-7 years’ experience in Hedge Fund Accounting.
• Proven interest in financial markets and the hedge fund industry.
• Exposure to system implementations and work flow process initiatives.
• Strong Excel experience.
• Excellent communication skills.

Your Role:

• You will encompass all facets of the calculation of net asset values on a variety of complex hedge funds.
• Manage an account with the support of Account Manager/s and working closely with the Operations Managers.
• Review Net Asset Value calculations, financial statements and associated reports for complex, high risk funds or as required.
• Review/authorize payments and other transactions.
• Provide training and supervision to team members.
• Plan, schedule and manage the daily workflows of all client relationships within your account.
• Manage the launch and set up of new funds and on-boarding of new clients.
• Liaise with clients regarding reporting requirements and deadlines, ensuring delivery in an accurate and timely manner.
• Act as primary relationship manager with local office stakeholders and or clients/third party fund participants.
• Manage, develop and maintain relationships with local office stakeholders, investment advisors/managers, banks, brokers and auditors and other fund participants.
• Develop, adhere and maintain targets concerning staffing, production, overtime budgeting and productivity.
• Ensure all staff are appropriately trained and conduct performance evaluations bi-annually and informal one-on-one performance updates for Senior/Fund Accountants, Supervisor and Account Manager bi-monthly.
• Escalate all material issues affecting the account to the Operations Manager (e.g., client relationship concerns, operational risk, compliance breaches, etc.) in a timely manner.
• Manage and meet expectations of local office stakeholders, clients and fund participants, adhering to deadlines.
• Build and maintain relationships with other Citco departments.
• Participate in meetings and presentations to key stakeholders, clients and senior members.
• Participate in and lead projects that may be defined from time to time in connection with the continuing expansion and evolution of the business.
• Participate in managerial functions in conjunction with the Operations Manager.
• Assist with any other functions required as part of the business of the Company and report to the Operations Manager.

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.