Fund Services.PE Supervisor

The Citco Group Limited; Hyderabad; On-site; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Flexible working arrangements

Education support

Job summary

The Citco Group Limited is seeking a results-driven Fund Accountant to join our Fund Administration team in Hyderabad. You will maintain books and net asset values, review financial statements, and coordinate capital calls and investor distributions.

Qualifications include a Bachelor’s in Accounting and professional accounting credentials (CA/CPA/ACCA or equivalent). Strong English communication and proficiency with Microsoft Office are essential for success in this role.

Qualifications

• Bachelor’s degree in Accounting is required.
• Professional accounting qualification – CA, CPA, ACCA or similar.
• Minimum 4–5 years’ experience in accounting for financial services (Private Equity, Asset Management or Fund Administration).
• Experience in reviewing and preparing general ledger and financial statements.
• Knowledge of IFRS accounting and consolidations.
• Excellent English communication (verbal and written).
• Proficient with Microsoft Office applications.

Responsibilities

• Maintaining books and records and calculating fund NAVs.
• Reviewing/preparing financial statements and reports, including performance metrics.
• Calculating carried interest/performance/incentive fees.
• Preparing allocations for capital calls, distributions and equalisation.
• Coordinating payments and other transactions.
• Supervising junior staff and signing off on work.
• Primary day-to-day contact with clients and fund participants.
• Collaborating with Investor Relations to respond to queries.

Skills

Excellent communication

English proficiency

Team player

Problem solving

Analytical skills

Education

Bachelor’s degree in Accounting

Professional accounting qualification – CA, CPA, ACCA or similar

Tools

Microsoft Office

Enterprise accounting systems

Job description

JOB DESCRIPTION

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 Citco

JOB DESCRIPTION

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.

Responsibilities

Your Role:

• Maintaining books and records and calculating fund Net Asset Values;
• Reviewing and/or preparing financial statements and associated reports, including performance metrics;
• Reviewing and/or calculating carried interest/performance/incentive fees;
• Reviewing and/or preparing calculations and investor allocations for capital calls, distributions and equalisations;
• Coordinating and/or processing payments and other transactions;
• Supervising junior staff, reviewing and signing off on work performed;
• Acting as a primary day-to-day contact with clients and other fund participants;
• Work closely with the Investor Relations team to respond to investor queries and to disseminate capital activity and other investor notices;
• Monitor Senior/Fund Accountants’ progression and identify areas for training and development;
• Assist Assistant Vice President to coordinate team to meet recurring and ad-hoc client deliverables, including year-end process with respect to audit timelines, financial statement preparation, regulatory filings, tax services etc.
• Participating in projects that may be defined from time to time in connection with the continuing expansion and evolution of the business;
• Identifying and escalating any material issues effecting service delivery to the Assistant Vice President;
• Any other functions required as part of the business of the Company, and reporting to the Assistant Vice President.

Qualifications

About You:

• Bachelor’s degree in Accounting
• Professional accounting qualification – CA, CPA, ACCA or similar
• Minimum of 4 – 5 years’ experience in accounting for the financial services sector, particularly Private Equity, Asset Management or Fund Administration.
• Experienced in reviewing and preparing general ledger and financial statements.
• Established knowledge in relation to accounting and consolidations under IFRS.
• Excellent communication skills and proficiency in English (both verbal and written).
• Motivated, bright and diligent individual who is driven to meet deadlines.
• A team player who is able to manage individual responsibilities.
• Sound judgment, problem solving and analytical skills.
• Proficient with Microsoft Applications (Excel, Word, PowerPoint etc.).
• User experience with enterprise accounting system(s).

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 … with people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.