Fund Services Assistant Vice President - Hedge Funds

CITCO INTERNATIONAL SUPPORT SERVICES LIMITED-PHILIPPINE ROHQ; Makati; Hybrid; PHP 1,000,000 - 1,800,000; Full time

Benefits offered by this job

Hybrid work arrangement

Job summary

Citco International Support Services Limited-Philippine ROHQ in Manila area is seeking a senior fund accounting professional to manage NAV calculations for hedge funds. You will supervise fund accounting staff, coordinate with internal teams, and ensure timely client deliverables in a hybrid setup with in-office presence in Alabang three days a week.

Requirements include a 6+ year track record in financial services, supervisory experience, strong analytical skills, and proficiency in MS Office.

Qualifications

• Bachelor's degree in Accounting, Finance or related field, or pursuing a professional accounting qualification.
• Minimum 6+ years in Financial Services with high-volume environment or hedge funds.
• Supervisory experience: proven ability to manage staff for 4+ years.
• Strong analytical, problem-solving, and attention to detail.
• Good business acumen and client relationship management.
• Excellent interpersonal and teamwork skills; proficient with MS Office.

Responsibilities

• Oversee calculation of NAV across complex hedge funds; supervise supervisors and senior fund accountants.
• Administer services under administration agreements for hedge fund clients.
• Review and sign off NAV calculations, financial statements, and related reports.
• Review/authorize payments and other transactions.
• Collaborate with internal SSC and cross-functional teams to support operations.
• Plan, schedule, and manage daily workflows for client deliverables.
• Monitor deliverables to meet SLAs with accuracy.
• Manage resource deployment for production, overtime, and cost control.
• Ensure adherence to best-practice policies and client agreements.
• Escalate material NAV issues to VP with detailed updates.
• Coordinate year-end processes with audits, financial statements, regulatory filings.
• Lead and train team members; manage vacations and performance appraisals.
• Support onboarding of new clients and migrations; contribute to dept initiatives.

Skills

Analytical skills

Business acumen

Client relationship management

Interpersonal and teamwork

MS Office proficiency

Staff supervision

Education

Bachelor's degree in Accounting/Finance/Related field

Job description

About Citco:

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.

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 and 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 and 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 and 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 on boarding
• Contribute and 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
• Strong business acumen.
• Good client/ business relationship management
• Strong interpersonal and teamwork skills
• Proficient in Microsoft Applications (Word, Excel, PowerPoint etc.)
• Amenable to working in our Alabang Office(Filinvest 2 Bldg., Northgate Cyber Zone, Filinvest City).
• Amenable to working under a Hybrid work arrangement (requiring 3 days of in-office presence per week).
• Amenable to working on shifting schedules (AM shift 11AM onwards; Mid shift 1PM onwards, covering APAC and EMEA counterparts).

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. Accommodations are available upon request for candidates taking part in all aspects of the selection.