Fund Services.Assistant Vice President

CITCO INTERNATIONAL SUPPORT SERVICES LIMITED-PHILIPPINE ROHQ; Makati; On-site; PHP 350,000 - 700,000; Full time

Job summary

CITCO International Support Services Limited-Philippine ROHQ is seeking an experienced accounting professional to lead fund administration activities in our Alabang office. You will maintain books, NAV calculations, and oversee financial reporting for complex private equity structures.

The role requires 6+ years in financial services accounting, IFRS/USGAAP knowledge, and proven staff supervision. Excellent English communication and client-facing experience are essential.

Qualifications

• Master degree in Accounting or Finance or equivalent professional qualification.
• Experience in accounting for financial services, private equity, asset management or fund administration.

Responsibilities

• Maintain books and records and calculate fund Net Asset Values.
• Coordinate and review financial statements and related reports including monthly/quarterly metrics.
• Coordinate and review carried interest/performance/incentive fees calculations.
• Oversee capital calls, distributions, and fund allocations with accurate investor statements.
• Supervise junior staff and review work.
• Serve as day-to-day client contact and collaborate with Investor Relations.

Skills

IFRS/US GAAP

English communication

Analytical skills

Problem solving

Team player

Deadline orientation

Microsoft Office

Education

Master's degree in Accounting/Finance

CA/CPA/ACCA or equivalent

Tools

Investran

Job description

About CITCO

The Citco group of companies (Citco) is a network of independent companies worldwide for over 70 years, all of which are leading providers of asset-servicing solutions to the global alternative investment industry. With $1.8+ trillion in AuA and operations across 36 countries with over 50 office locations.

For decades, industry publications have recognized our leadership in service and innovation. These accolades are a reflection of our drive to push ourselves and our industry forward.

With strategically positioned global offices, we offer opportunities for graduates and seasoned professionals to work across the world. Careers at Citco can span continents.

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 Fund Accounting 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:

• Responsible for maintaining books and records and calculation of fund Net Asset Values;

• Coordinating and reviewing financial statements and associated reports, including performance metrics for monthly/quarterly reporting;

• Coordinate and review calculations of carried interest/performance/incentive fees;

• Coordinate and review calculations and investor allocations for capital calls, distributions and equalizations;

• Coordinate and review partner capital account statements;

• Coordinate processing of payments and other transactions;

• Supervise 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;

• Maintaining relationships with investors, investment advisors/managers, banks and auditors and other fund participants;

• Assisting auditors and other fund participants and advisers;

• Participating in presentations to existing and prospective clients;

• Monitor compliance of various agreements with clients, including the Service Level Agreement;

• Participating in projects that may be defined from time to time in connection with the continuing expansion and evolution of the business;

• Any other functions required as part of the business of the Company, and reporting to the Vice President.

About You:

• Master Degree in Accounting, Finance, any other professional accounting qualification (i.e. CA, CPA or ACCA or equivalent)

• Minimum of 6+ years’ experience in accounting for the financial services sector, particularly Private Equity, Asset Management or Fund Administration.

• Knowledge of IFRS and / or USGAAP

• 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.

• Supervisory skills with experience in managing and/or leading staff for 3+ years.

• Good client/ business relationship management

• Sound judgment, problem solving and analytical skills.

• Proficient with Microsoft Applications (Excel, Word, PowerPoint etc.).

• User experience with enterprise accounting system(s).

• Working knowledge of Investran highly desirable

• Private equity/real estate fund experience. Exposure to complex fund structure, waterfall computation, preferred return.

• Amenable to working in our Alabang Office (Filinvest 2 Bldg., Northgate Cyber Zone, Filinvest City, Alabang Muntinlupa City)