Fund Services.PE Supervisor

Earnmodes; Mumbai; On-site; INR 1,200,000 - 1,900,000; Full time

Job summary

Citco in Mumbai is seeking a seasoned Fund Accountant to maintain books and records, compute fund NAVs, and prepare financial statements for private equity clients. You will review carried interest calculations, investor allocations for capital calls and distributions, coordinate payments, and supervise junior staff, while serving as day-to-day contact for clients.

The role requires IFRS knowledge, a Bachelor’s in Accounting, a professional qualification (CA/CPA/ACCA), and 4–5 years in financial

Qualifications

• Bachelor’s degree in Accounting required.
• Professional accounting qualification – CA, CPA, ACCA or similar.
• 4–5 years’ experience in accounting for financial services (Private Equity, Asset Management or Fund Administration).
• Excellent communication skills and proficiency in English (verbal and written).

Responsibilities

• Maintain books and records and calculate fund NAVs.
• Review and/or prepare financial statements and related reports.
• Review and/or calculate carried interest, performance and incentive fees.
• Review and/or prepare investor allocations for capital calls, distributions and equalisation.
• Coordinate and/or process payments and other transactions.
• Supervise junior staff and sign off on work.
• Act as primary day-to-day client contact and respond to investor queries.
• Assist AVP to coordinate team for year-end audits, regulatory filings and tax services.
• Participate in projects for business expansion and evolution.

Skills

Communication skills

English proficiency

Teamwork

Attention to detail

Education

Bachelor’s degree in Accounting

CA/CPA/ACCA or similar

Tools

Microsoft Excel

Microsoft Word

PowerPoint

Enterprise accounting systems

Job description

Job Description

About Citco

Citco is a global leader in fund services, corporate governance and related asset services with staff across 80 offices worldwide. With more than $1 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs.

For more information about Citco, please visitwww.citco.com

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 Private Equity 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.

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.

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

Source: Company Career page