Fund Services Assistant Vice President - Fund Accounting, Hedge Funds

The Citco Group Limited; Philippines; Hybrid; PHP 1,200,000 - 2,100,000; Full time

Benefits offered by this job

Training & education support

Flexible working arrangements

Hybrid work setup

Disability accommodation

Job summary

The Citco Group Limited is seeking an experienced Fund Accounting professional to join our team in Alabang. You will oversee NAV calculations for complex hedge funds, supervise a team of fund accountants, and coordinate with VP to ensure accurate reporting and timely client deliverables.

Responsibilities include administration under hedge fund client agreements, sign-off of NAVs and financial statements, and managing daily workflows with cross-functional groups.

Qualifications

• Bachelor Degree in Accounting, Finance, and Business-related area.
• Minimum 6+ years of experience in Financial Services with high volume operational environment and/or hedge fund industry.
• Supervisory skills with experience in managing and/or leading staff for 4+ years.
• Excellent analytical and problem-solving skills with high attention to detail.
• Good client/business relationship management.
• Strong interpersonal and teamwork skills.
• Proficient in Microsoft Office applications.

Responsibilities

• Encompass all facets of the calculation of net asset values on a variety of complex hedge funds. Managing a group of supervisors and senior fund accountants while working closely with your vice president, your responsibilities will include.
• Performing the administration of and any services pursuant to administration agreements in respect of a portfolio of hedge fund clients.
• Review & sign-off of Net Asset Value calculations, financial statements and associated reports
• Reviewing/Authorizing payments and other transactions;
• Building relationships and working closely with Citco Internal SSC and non-SSC teams including Operational Support, Middle Office, Pricing, Investor Relations and Relationship Management Fund Accounting teams
• Planning, scheduling and managing the daily workflows of all client deliverables within the team
• Effective monitoring of deliverables to ensure high SLA compliance within set accuracy standards
• Developing, adhering and maintaining target resource deployment to ensure adequate resources for production, overtime & cost management
• Ensure adherence of applicable best practice policies and client specific agreements.
• Address and/or escalation all material issues effecting the NAV production process or client relationship in general to Vice President in a detailed and timely manner
• Managing & coordinating the Year end process with respect to audit timelines, Financial Statement Preparation, Regulatory filings, Tax services, etc.
• Liaising closely with the Supervisor to identify and implement on the job training initiatives for team members; own team related duties including vacation management, performance appraisals, etc.
• Engage and own intra-office migrations and/or new client onboarding
• Contribute and own departmental initiatives while supporting team initiatives
• Drive forward continuous improvement, seeking efficiencies while maintaining adequate controls

Skills

Financial analysis

Hedge fund experience

Supervisory leadership

Attention to detail

Client relationship management

Microsoft Excel

Team collaboration

Education

Bachelor Degree in Accounting/Finance/Business

Tools

Microsoft Excel

PowerPoint

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 most respected industries. Our continuous investment in learning and technology solutions means our people are equipped to deliver 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:

• Encompass all facets of the calculation of net asset values on a variety of complex hedge funds. Managing a group of supervisors and senior fund accountants while working closely with your vice president, your responsibilities will include;
• Performing the administration of and any services pursuant to administration agreements in respect of a portfolio of hedge fund clients;
• Review & sign-off of Net Asset Value calculations, financial statements and associated reports
• Reviewing/Authorizing payments and other transactions;
• Building relationships & working closely with Citco Internal SSC & non-SSC teams including Operational Support, Middle Office, Pricing, Investor Relations and Relationship Management Fund Accounting teams
• Planning, scheduling and managing the daily workflows of all client deliverables within the team
• Effective monitoring of deliverables to ensure high SLA compliance within set accuracy standards
• Developing, adhering and maintaining target resource deployment to ensure adequate resources for production, overtime & cost management
• Ensure adherence of applicable best practice policies & client specific agreements.
• Address and/or escalation all material issues effecting the NAV production process or client relationship in general to Vice President in a detailed & timely manner
• Managing & coordinating the Year end process with respect to audit timelines, Financial Statement Preparation, Regulatory filings, Tax services, etc.
• Liaising closely with the Supervisor to identify and implement on the job training initiatives for team members; own team related duties including vacation management, performance appraisals, etc.
• Engage & own intra-office migrations and/ or new client on boarding
• Contribute & own departmental initiatives while supporting team initiatives
• Drive forward continuous improvement, seeking efficiencies while maintaining adequate controls

About You:

• Bachelor Degree in Accounting, Finance, and Business-related area and/or studying for a professional accounting qualification.
• Minimum 6+ years of experience in Financial Services with high volume operational environment and/ or hedge fund industry
• Supervisory skills with experience in managing and/or leading staff for 4+ years
• Excellent analytical, problem-solving skills with high degree of attention to detail
• Good client/ business relationship management
• Strong interpersonal & teamwork skills
• Proficient in Microsoft Applications (Word, Excel, PowerPoint etc.)
• Amenable to working in our Alabang office (Northgate Cyber Zone, Filinvest, Alabang)
• Amenable to working on a Hybrid set up (3 days' onsite per week)
• Amenable to work on shifting schedules (AM or Mid-shift)

Our Benefits

Your well-being 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. Accommodation is available upon request for candidates to take part in all aspects of the selection.