Supervisor - Hedge Fund Accounting

The Citco Group Limited; Maharashtra; On-site; INR 1,500,000 - 2,600,000; Full time

Benefits offered by this job

Flexible working arrangements

Training and education support

Accommodations available on request

Job summary

Citco is seeking a skilled Fund Accountant to manage hedge fund administration, NAV calculations, and financial reporting for a diverse client base in India. You will work under supervision to supervise junior staff, ensure timely deliverables, and coordinate year-end activities with audit timelines.

The role requires 3–4 years in hedge fund accounting, a degree in accounting/finance, and strong Excel skills.

Qualifications

• Degree in Accounting or Finance required.
• 3–4 years of Hedge Fund Accounting experience.
• Advanced knowledge of Microsoft Office applications, especially Excel.

Responsibilities

• Administer hedge fund accounting services under client agreements.
• Prepare NAV calculations, financial statements and related reports by deadlines.
• Value hedge fund portfolios and analyze performance for P&L reports.
• Supervise staff and review work within the Account under supervision.
• Coordinate with Senior Fund Accountants to manage timelines and deliverables.
• Ensure timely delivery of daily, weekly and monthly outputs to clients.
• Escalate issues affecting NAV production to AVP promptly.
• Identify training needs and develop staff in the accounting team.
• Collaborate with investor relations and other Citco departments as needed.
• Provide training and coaching to junior team members.
• Meet client expectations and deadlines; act as escalation point for queries.
• Coordinate year-end processes with audit timelines and regulatory filings.

Skills

Accounting

Finance

Education

Bachelor's in Accounting/Finance

Tools

Microsoft Excel

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 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

• Performing the administration of and any services pursuant to administration agreements in respect of a portfolio of hedge funds
• Preparation of Net Asset Value calculations, financial statements and associated reports for larger, complex clients, or as required, within deadlines
• Valuation of hedge fund portfolio holdings
• Analysis of fund performance and prepare performance/P and L related reports
• Assisting Assistant Vice President in supervising staff within an "Account", reviewing work performed by staff in the Account
• Working closely with the (Senior)/Fund Accountants to manage timelines, workflows and deliverables within agreed SLA's
• Assisting Assistant Vice President in meeting client expectations by monitoring timely delivery of daily, weekly and monthly deliverables
• Escalating all material issues effecting the NAV production process to the Assistant Vice President in a timely manner
• Monitoring progress of (Senior)/Fund Accountants to identify areas for additional training and development
• Building relationships and working closely with investor relations group and liaising with other departments within Citco as required
• Training and Coaching staff
• Meeting expectations of clients and fund participants, adhering to deadlines
• Positioning one-self to be the first escalation point for internal queries
• Assisting Assistant Vice President to coordinate the Year End process with respect to audit timelines, Financial Statement Preparation, Regulatory filings, Tax services etc.
• Assist the Assistant Vice President where required and become involved in special projects as needed (E.g., conversions etc.)

Qualifications

• Degree qualified in Accounting/Finance related fields
• Minimum of 3-4 years in Hedge Fund Accounting
• Advanced knowledge of Microsoft Applications (Word, Excel 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.