Fund Accounting Manager

Citibank (Switzerland) AG; Pune District; On-site; Confidential; Full time

Benefits offered by this job

Well-being programs

Paid parental leave

Learning resources

Work-life balance programs

Job summary

Citi is seeking a high-caliber professional for Assistant Vice President, Fund Accounting Manager – C12, Hybrid (Gurugram). The role oversees financial statements, regulatory reporting, and leading a team to meet SLA delivery with strong governance and control.

Expect exposure to US GAAP, IFRS, Lux GAAPs and Irish GAAPs, plus opportunities for growth. Ideal candidates have 8–12 years in fund accounting/financial reporting, with advanced accounting degrees.

Qualifications

• 8-12 years of experience in Fund accounting/financial reporting for hedge funds or mutual funds
• Strong accounting and finance education (M.Com/MBA/Post-Graduation)
• Experience with Confluence Unity & DFIN (Arch) financial reporting platform is a plus
• Demonstrated leadership and people-management skills

Responsibilities

• Preparation/review of financial statements/regulatory reports like Balance sheet, P&L, SOI, Notes to financial statements
• Acting as subject matter expert for the team, adhering to US GAAPs, IFRS, Lux GAAPs and IRISH GAAPs
• Manage a team of professionals and drive process improvements and efficiency gains
• Collaborate with onshore teams to align with stakeholders in Business, Ops and Technology

Job description

At Citi, we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or institutions – to help them meet their biggest opportunities and face the world's toughest challenges. Shape your Career with Citi Citi’s Securities Services (SS) supports our clients’ business by drawing on the strength of our unmatched global footprint, which provides them with access to local expertise and scalable solutions to support their ambitions. We’re currently looking for a high caliber professional to join our team as Assistant Vice President, Fund Accounting Manager – C12 - Hybrid (Internal Job Title: Fund Accounting Mgr - C12) based in Gurugram Haryana India. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future.

For instance:

• Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
• (Optional) We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
• We have a variety of programs that help employees balance their work and life.

In this role, you’re expected to:

• Preparation/review of financial statements/regulatory reports like- Balance sheet, P&L, SOI, Notes to financial statements. Understanding of regulatory disclosures like form PF
• Acting as subject matter expert for the team. Following US GAAPs, IFRS, Lux GAAPs and IRISH GAAPs.
• Manage a team of professional to accomplish established goals and conduct personnel duties for team
• Identify Opportunities to implement process improvement & recommend system, service & process enhancement initiatives and efficiency gain
• Engage as an active collaborator with business / Onshore teams to ensure alignment with key stakeholders in Business, Ops and Technology
• During Confluence migration focus on transparency, timely escalation, cross site collaboration, shared learnings
• Successful implementation of key client onboarding initiatives on Confluence
• Develop a strong governance & control structure, support audits, interfacing with auditors & close process gaps
• Act as Confluence system SMEs as required & support the testing & rollout of the applications across the FR
• Actively participate in Productivity workgroup and contribute to the success of the workgroup
• Preparation of MIS, Meet SLAs, engage GPC site level priority workgroups & contribute to project deliverables
• Proactively balance team resources and workflow requirements
• Perform all aspects of people management, including annual performance management cycle, hiring, feedback, mentoring and training

As a successful candidate, you’d ideally have the following skills and exposure:

• 8-12 years of experience in Fund accounting/ Financial Reporting for hedge funds or mutual funds.
• M. Com, MBA, Post-Graduation from recognized business institute/university, major in Accounting or Finance.
• Professional qualifications like CA, CFA, and CPA will be an added advantage.
• Experience with Confluence Unity & DFIN ( Arch) financial reporting platform is a plus.
• 3-5 years of people management experience is desired.
• Demonstrate leadership & management skills, ability to work in team-oriented environment
• Should have sound understanding of Derivatives, Equities and Fixed income securities.
• Prior working experience in BPO/captive on capital markets back office processes, is a plus.
• Experience in process set-up/migration of work from onshore would be preferred.
• Excellent communication / Domain skills.
• Excellent interpersonal skills & people management skills.
• Good Team Player, Interpersonal skill, Quick learner.
• Should be willing to work in shifts and flexible work hours as per process requirements.
• Advanced experience working with Microsoft Office applications required, specifically Excel

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Job Family Group: Operations - Transaction Services

Job Family: Fund Accounting

Time Type: Full time

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