Fund Services.Senior Fund Accountant

The Citco Group Limited; Makati; Sur place; PHP 500 000 - 700 000; Plein temps

Résumé du poste

Citco is a global leader in fund services, and this role supports the Fund of Funds Fund Accounting team in the Philippines. You will perform administration, shadow accounting, bookkeeping, and NAV calculations for institutional clients, with emphasis on reconciliations, accruals, and accurate bookkeeping.

You will maintain the general ledger and sub-ledgers, process capital activity, and prepare trial balances to support reporting.

Qualifications

• Bachelor or Master in accounting, finance, economics or professional designation.
• 2+ years in Financial Services, preferably with exposure to Fund Accounting or related environments.
• Experience preparing NAV calculations, reconciliations, accruals and trial balances.
• Understanding of SPV structures in private equity.
• Experience managing client onboarding and multi-office teams.

Responsabilités

• Perform administration, shadow accounting, bookkeeping for institutional clients.
• Calculate NAVs, including reconciliations and accruals.
• Maintain books and records, including GL and sub-ledgers.
• Prepare cash and portfolio reconciliations and resolve differences.
• Process capital activity, including calls, distributions and transfers.
• Calculate administration, management and incentive fees.
• Prepare and review trial balances for financial reporting.
• Ensure timely client deliverables per SLAs.
• Support onboarding of new funds/clients and training Fund Accountants.
• Stay updated on best-practice policies and client agreements.

Connaissances

NAV calculations

Reconciliations

Financial controls

Client onboarding

Private equity

Formation

Bachelor or Master in accounting/finance/economics

Outils

Citco platforms

Description du poste

JOB DESCRIPTION

Citco is a global leader in fund services, corporate governance and related asset services with staff across 80 offices worldwide. With $2 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 $2 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

Our fast-growing Institutional Services line of business provides an exciting and unique work environment and learning opportunity, given the public and private markets exposure, profile of our client base, holistic operating model and unique client offering. Our continuous investment in learning and technology solutions means our people are equipped to deliver seamless client experience.

As a core member of the FUND OF FUNDS Fund Accounting team, you will be working with some of the industry’s most accomplished professionals to deliver award-winning services for our complex client base.

Your Role

• You will perform administration, shadow accounting, bookkeeping and other services pursuant to administration agreements for a portfolio of institutional clients.


• You will calculate Net Asset Values for assigned portfolios, including cash and position reconciliations, income and expense accruals, partner and shareholder allocations, and the preparation and review of trial balances.


• You will maintain complete and accurate books and records, including the general ledger and relevant sub-ledgers.


• You will prepare cash and portfolio reconciliations and investigate outstanding differences.


• You will calculate and record income and expense accruals.


• You will process capital activity, including capital calls, distributions and transfers.


• You will calculate administration fees, management fees and incentive fees in accordance with applicable agreements.


• You will prepare and review trial balances to support accurate financial reporting.


• You will manage and monitor the timing and quality of client deliverables in accordance with applicable service-level agreements.


• You will maintain a current and thorough understanding of applicable best-practice policies and client-specific agreements.


• You will identify and elevate material issues affecting service delivery to the Supervisor in a timely manner.


• You will demonstrate ownership of assigned work and ensure timely completion in line with demanding client service agreements.


• You will support the training of new Fund Accountants and assist with the onboarding of new clients and/or funds.

About You

• You have a Bachelor or master level degree in accounting, finance, economics or professional accounting designation


• You have 2+ years’ experience in Financial Services, preferably with exposure to Product Control, Operations or Fund Accounting environments


• You have experience preparing NAV calculations, reconciliations, accruals, allocations and trial balances.


• You understand special purpose vehicle (SPV) structures.


• You understand private equity concepts, including commitments, capital calls and distributions.


• You have an in-depth understanding of the transaction and investment cycle of private equity funds


• You have an excellent grasp of Citco’s various technology platforms or the ability to learn quickly.


• You have experience in managing significant client onboardings


• You have experience working with and overseeing operational teams across multiple offices.

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 taking part in all aspects of the selection.