Fund Services FR Team Lead

The Citco Group Limited; India; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

Citco is recruiting for a senior fund accounting role focused on preparing and reviewing financial statements under GAAP/IFRS for alternative funds. You will lead engagements, manage client relationships, and ensure accurate disclosures.

Strong derivatives knowledge and travel willingness are required. The role demands 5–7 years in asset management accounting, with CPA/CA preferred, and proficiency in Bloomberg and MS Office.

Qualifications

• Five to seven years of asset management accounting experience.
• Previous Financial Statement review and/or preparation experience
• Strong knowledge of U.S. GAAP and IFRS, pronouncements specifically related to the alternative funds industry, is required
• Advanced knowledge in complex derivatives
• Bachelor’s degree in Accounting, Finance or Economics
• CPA, CA or other professional designation preferred
• Ability to travel as necessary
• Good communication and writing skills
• Proficient in Microsoft Office products such as Excel and Word
• Proficient in navigating Bloomberg
• Team oriented

Responsibilities

• Prepare and review annual, semi-annual and quarterly financial statements in accordance with GAAP or IFRS.
• Lead assigned engagements including planning, budgeting, client relationship management and delegating to staff.
• Ensure accuracy of footnote disclosures in accordance with accounting, reporting, and regulatory standards.
• Present to or exchange information internally, with clients and outside auditors.
• Coordinate year-end financial statement process.
• Identify errors or problems and independently investigate; recommend solutions to team members or managers.
• Writing and/or reviewing various reports related to engagements; prepare ad hoc reports for the client upon request.
• Troubleshoot Fund Accounting issues and attend meetings and training to enhance knowledge to be passed down to the Financial Reporting Staff and Senior Accountants.
• Recognize and communicate potential opportunities for new clients as well as value added service enhancements for existing clients and management.
• Assist manager in preparing Request for Proposals for prospective clients.
• Provide guidance to team members to motivate and help strengthen specific knowledge areas needed to accomplish team goals.

Skills

Asset management accounting

Financial statement review

US GAAP & IFRS knowledge

Complex derivatives

Communication & writing

Team oriented

Travel ability

Bloomberg

Microsoft Excel

Microsoft Word

Education

Bachelor’s degree in Accounting, Finance or Economics

CPA, CA or other professional designation preferred

Tools

Bloomberg

Microsoft Excel

Microsoft Word

Job description

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 of their 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.

Responsibilities

Your Role:

• Under limited supervision, prepare and review annual, semi-annual and quarterly financial statements in accordance with GAAP or IFRS, as required.
• Lead assigned engagements including planning, budgeting, client relationship management and delegating to staff. Monitor and report out-of-scope time.
• Ensure accuracy of footnote disclosures in accordance with accounting, reporting, and regulatory standards. Review legal documents governing the fund to ensure appropriate financial statement disclosure structure.
• Present to or exchange information internally, with clients and outside auditors. Coordinate year-end financial statement process. Contribute to identifying, researching, and communicating recent authoritative pronouncements to CFS offices globally.
• Identify errors or problems and independently investigate; recommend solutions to team members or managers.
• Writing and/or reviewing various reports related to engagements. Prepare adhoc reports for the client upon request. Troubleshoot Fund Accounting issues. Attend meetings and training to enhance knowledge to be passed down to the Financial Reporting Staff and Senior Accountants.
• Recognize and communicate potential opportunities for new clients as well as value added service enhancements for existing clients and management. Assist manager in preparing Request for Proposals for prospective clients.
• Provide guidance to team members to motivate and help strengthen specific knowledge areas needed to accomplish team goals.

Qualifications

About You:

• Five to seven years of asset management accounting experience in either an Audit Firm, Hedge Fund, Hedge Fund Administrator or other financial institution where the accountant has gained financial products knowledge
• Previous Financial Statement review and/or preparation experience
• Strong knowledge of U.S. GAAP and IFRS, pronouncements specifically related to the alternative funds industry, is required
• Advanced knowledge in complex derivatives
• Bachelor’s degree in Accounting, Finance or Economics
• CPA, CA or other professional designation preferred
• Ability to travel as necessary
• Good communication and writing skills
• Proficient in Microsoft Office products such as Excel and Word
• Proficient in navigating Bloomberg
• Team oriented

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.