Team Lead - Financial Reporting

The Citco Group Limited; Maharashtra; On-site; INR 1,200,000 - 2,100,000; Full time

Benefits offered by this job

Flexible working arrangements

Training and education support

Job summary

Citco Group Limited in Maharashtra, India, is seeking an experienced accountant to join our Financial Statement Preparation team. You will prepare and review annual, semi-annual, and quarterly statements in line with US GAAP and IFRS for complex funds.

The role requires leading engagements, ensuring disclosures, coordinating with clients and auditors, and mentoring junior staff. Strong knowledge of derivatives and Bloomberg proficiency are desirable.

Qualifications

• Five to seven years of asset management accounting experience in a financial institution
• Experience with Financial Statement review and/or preparation
• Strong knowledge of US GAAP and IFRS, especially for alternative funds
• 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
• Proficient in Microsoft Office products (Excel/Word)
• Proficient in 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 and review fund documents for proper disclosures
• Present to clients/auditors and coordinate year-end financial statement process
• Identify errors or problems and investigate; propose solutions to the team
• Prepare adhoc client reports and troubleshoot fund accounting issues

Skills

US GAAP IFRS knowledge

Advanced derivatives knowledge

Bloomberg proficiency

MS Office (Excel/Word)

Communication and writing

Team oriented

Education

Bachelor’s degree in Accounting/Finance/Economics

Tools

Bloomberg

Excel

Word

Job description

JOB DESCRIPTION
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.

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 visit www.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 Financial Statement Preparation 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

• 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.

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.