Assistant Vice President, Client Integration

The Citco Group Limited; Amsterdam; On-site; EUR 90,000 - 130,000; Full time

Job summary

The Citco Group Limited is seeking a skilled Fund Accounting professional to onboard a strategic client on the YARDI platform and oversee phased responsibilities from onboarding to full fund accounting. You will work within the Citco framework to configure structures, manage data migration, and ensure accurate reporting for multi-currency funds.

Key requirements include a accounting degree, 5+ years of experience, and strong knowledge of GAAP/IFRS, with hands-on Yardi Voyager experience.

Qualifications

• Bachelor's degree in accounting/finance or related field.
• Yardi Voyager experience essential.
• 5+ years accounting experience in public or private sectors.
• 3+ years in financial services accounting (Real Estate, Asset Management, Fund Administration).
• Knowledge of GAAP and IFRS.
• Proficient with Microsoft Office applications.

Responsibilities

• Provide onboarding support for a large strategic client on the YARDI platform.
• Design, configure and test fund structures and accounting consolidation rules.
• Assist with data migration, COA mapping and testing of data feeds.
• Support hyper-care with accurate data capture and reporting.
• Prepare and review complex ledgers, financial statements and investor allocations.
• Coach and train team members on fund setup and processes.

Skills

Project management

Attention to detail

Problem solving

Time management

Team player

Education

Bachelor's degree in accounting/finance

Professional accounting qualification (CA/CPA/ACCA) in progress

Tools

Yardi Voyager

Job description

Citco is a global leader in fund services, corporate governance and related asset services with staff across 50 office locations worldwide. With more than $1.8 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

Your Role:

Candidate will embark on a special journey onboarding a single large strategic client. The role will be tied to the lifecycle of the project and culminate with full time Accounting responsibilities for the client.

Phase 1 - Onboarding:

Service this client from inception. Onboarding the clients fund structure, legal entitles, entities, accounting automation rules, other setups, and data onto our YARDI platform as a member of the Yardi Onboarding team.

• Participate in the implementation of fund structures onto the YARDI accounting platform.
• Assist with onboarding, project planning, navigating and understanding complex accounting and reporting requirements for the optimal setup of the fund
• Review fund partnership agreements, PPM’s and other materials.
• Design, set up, configure and test the fund structures, accounting consolidation rules and methods - including multi-currency fx translation and reporting requirements. INREV. KAGB. IFRS< Local GAAP and other
• Assist with COA mapping, accounting/financial data migration between internal systems, client/third party systems.
• Manage the set-up, implementation and testing of the funds with internal Fund Accounting and SPV’s stakeholders.
• Be in charge of incoming and outgoing file control: incoming file testing, process flow, extract files, ETL preparation and formatting and file loading into YARDI.
• Document the YARDI setup.
• Assist where required with custom report specification, testing and participate in the setup of bi-directional data feeds / integrations to/from client and its 3rd parties.

Phase 2 - Hyper-Care:

Will then support the client during the startup phase with go live accounting and reporting equipped with full knowledge of the fund structure, accounting automation and other nuances gained during onboarding.

• Coordinating with internal stakeholders to ensure that all necessary financial data is captured, calculated and reported according to client needs and calculation methods.
• Coordinating with all relevant teams to ensure internal operational workflows meet client needs.
• Coach, train and support other team members on how the fund was setup.
• Ensure quality and adherence to all SOPs, procedures, checklists through the engagement.
• Participate with FA to solve challenges with data, reporting and other items as they arise during hyper-care period.

Phase 3 - Fund Accounting:

Provide full accounting support as a member of our Fund Accounting team for the ongoing care of client.

• Prepare and/or review financial statements (stand-alone, consolidated), footnotes and partner capital statements and liaise with other Citco teams, where applicable
• Maintain and control the funds’ general ledgers and various sub-ledgers and take full ownership for the accuracy and completeness of standard and complex bookkeeping entries
• Prepare and analyze complex Excel spreadsheets
• Reviewing and/or calculating carried interest/performance/incentive fees
• Supervising key processes and other transactions
• Ensure the reporting packages, financial statements and consolidated reports are in accordance with the defined accounting standards, formats and procedures
• Coordinate and review calculations and investor allocations for capital calls and distributions
• Coach, develop and train staff
• Liaise with internal accounting specialists as part of an integrative fund accounting servicing model
• Identifying and escalating any material issues affecting service delivery
• Act as liaison to various external stakeholders, i.e. auditors, tax advisors, legal counsel
• Assist in client audit procedures
• Review fund partnership agreements, PPM’s and other materials
• Complete ad hoc reports as needed
• Participating in projects that may be defined from time to time in connection with the continuing expansion and evolution of the business

About You:

• Bachelor's degree in accounting, Finance, business-related subject area preferred, and/or studying for a professional accounting qualification (i.e. CA, CPA or ACCA or equivalent)
• Yardi Voyager experience essential, specifically Investment Management Module & Core Voyager Functionalities.
• Strong project management skills with a high attention to details and accountability of work product.
• 5+ years public/private accounting experience
• 3+ years' experience in accounting for the financial services sector, particularly Real Estate, Asset Management or Fund Administration is highly desirable
• Knowledge and experience in GAAP and IFRS
• Familiarity with tax-efficient European structures and related investment vehicles and regulatory requirements would be considered an advantage
• Proficient with Microsoft Applications (Excel, Word, PowerPoint)
• Excellent communication skills and proficiency in English (both verbal and written)
• Sound judgment, problem solving and analytical skills
• Motivated, bright and diligent individual, proactive problem solver
• Strong time management skills - comfortable managing multiple conflicting priorities to deadlines
• A team player who can manage individual responsibilities

Note:- The role is initially a 12 months Contract