Assistant Vice President - Hedge Fund Accounting

Citco; Hyderabad; On-site; INR 1,200,000 - 2,400,000; Full time

Benefits offered by this job

Flexible working arrangements

Accommodations on request

Diversity & inclusion

Job summary

Citco is seeking a seasoned Fund Administration professional in Hyderabad to manage hedge fund client portfolios, review NAV calculations, and oversee related financial reporting. The role collaborates with cross-functional teams to ensure timely, accurate deliverables.

The ideal candidate will have 6–8 years in financial services, strong analytical skills, and experience leading teams, with proficiency in MS Office and a detail-oriented mindset.

Qualifications

• Degree in Accounting or Finance.
• 6–8 years of experience in Financial Services.
• Leading 2–3 years.
• Strong analytical and problem-solving abilities with attention to detail.
• Excellent interpersonal and teamwork skills.
• Proficient with MS Office applications.

Responsibilities

• Administer hedge fund client portfolios and services per administration agreements.
• Review/Sign-off NAV calculations, financial statements, and reports.
• Review/authorise payments and other transactions.
• Value hedge fund portfolio holdings and analyze performance.
• Coordinate daily workflows and ensure high SLA compliance.

Skills

Analytical skills

Problem solving

Attention to detail

Interpersonal skills

Teamwork

Education

Accounting/Finance degree

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

About Citco

The market leader. The premier provider. The best in thebusiness. At Citco, we’ve been the front-runner in our field since ourincorporation in 1948 led to the evolution of the asset servicing sectoritself. This pioneering spirit continues to guide us today as we innovate andexpand, push beyond the boundaries of our industry, and shape its future. Fromworking exclusively with hedge funds to serving all alternatives, corporationsand private clients, our organization has grown immensely across asset classesand geographies. For us, this progress is a pattern that we’ll only maintain aswe move forward, always prioritizing our performance. So for those who want toplay at the top of their game and be at the vanguard oftheir space, we say:Welcome to Citco.

About the Team & Business Line

Fund Administration is Citco’s core business, and ouralternative asset and accounting service is one of the industry’s mostrespected. Our continuous investment in learning and technology solutions meansour people are equipped to deliver a seamless client experience.

Your Role

• Performing the administration of and any services pursuant to administration agreements in respect of a portfolio of hedge fund clients
• Review and sign-off of Net Asset Value calculations, financial statements and associated reports
• Reviewing/Authorizing payments and other transactions
• Valuation of hedge fund portfolio holdings
• Analysis of fund performance and prepare performance/PandL related reports
• Building relationships and working closely with Citco Internal COE and non-COE teams including Operational Support, Middle Office, Pricing, Investor Relations and Relationship Management Fund Accounting teams
• Planning, scheduling and managing the daily workflows of all client deliverables within the team
• Effective monitoring of deliverables to ensure high SLA compliance within set accuracy standards
• Developing, adhering and maintaining target resource deployment to ensure adequate resources for production, overtime and cost management
• Ensure adherence of applicable best practice policies and client specific agreements.
• Address and/or escape all material issues effecting the NAV production process or client relationship in general to Vice President in a detailed and timely manner
• Managing and coordinating the Year end process with respect to audit timelines, Financial Statement Preparation, Regulatory filings, Tax services, etc.
• Liaising closely with the Supervisor to identify and implement on the job training initiatives for team members; own team related duties including vacation management, performance appraisals, etc.
• Engage and own intra-office migrations and/ or new client on boarding
• Contribute and own departmental initiatives while supporting team initiatives
• Drive forward continuous improvement, seeking efficiencies while maintaining adequate controls

About You

• Degree qualified in Accounting or Finance related area and/or studying for a professional accounting qualification
• 6-8 years of experience in Financial Services with high volume operational environment and/ or hedge fund industry
• Managing and/or leading employees for 2-3 years
• Excellent analytical, problem solving skills with high degree of attention to detail
• Strong interpersonal and teamwork skills
• Proficient in Microsoft Applications (Word, Excel, PowerPoint etc.)

Our Benefits

Your wellbeing 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.