Fund Services.Supervisor

The Citco Group Limited; Makati; On-site; PHP 1,800,000 - 2,800,000; Full time

Benefits offered by this job

Flexible working arrangements

Diversity and inclusion initiatives

Disability accommodations

Job summary

Citco is a global leader in fund services and related asset services, seeking a senior Fund Accounting professional to join its Institutional Services team in Manila. You will perform administration, shadow accounting and NAV calculations for a portfolio of institutional clients, ensuring accuracy and timeliness in line with service level agreements.

The role requires 6+ years in financial services, experience with fund structures, and leadership of staff.

Qualifications

• Bachelor or master level degree in accounting, finance, economics or professional accounting designation.
• 6+ years’ experience in Financial Services, preferably with exposure to Product Control, Operations or Fund Accounting environments.
• 2 years’ experience managing staff.
• Hands-on experience across the entire trade life cycle, including trade booking, reconciliation, pricing, accounting and reporting.
• Understanding of SPV structures and private equity concepts such as commitments, capital calls and distributions.
• Experience with private equity fund structures and investments.
• Experience managing significant client onboarding and cross-office operations.

Responsibilities

• You will perform administration, shadow accounting, bookkeeping and other services for a portfolio of institutional clients.
• You will be responsible for NAV calculations, including cash and portfolio reconciliations, accruals, and allocation calculations.
• You will work with Fund Accountants to meet SLAs and maintain high-quality client deliverables.
• You will apply understanding of capital calls, distributions and investor statements for private equity accounts.
• You will coordinate with Middle Office, Pricing, PDS and Investor Relations to support data flows and resolve issues.
• You will drive process improvements while maintaining controls and informing management of material issues.

Skills

Accounting

Finance

NAV calculations

Trade lifecycle knowledge

Stakeholder management

Team management

Private equity understanding

Client onboarding

Education

Bachelor's degree in Accounting/Finance

Master's degree (preferred)

Professional accounting designation (CPA/ACCA)

Job description

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

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.

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 a seamless client experience.

Your Role

• You will perform administration, shadow accounting, bookkeeping and other services pursuant to administration agreements for a portfolio of institutional clients.
• You will be responsible for Net Asset Value calculations, including cash and portfolio reconciliations, income and expense accruals, partner and shareholder allocation calculations, and the preparation and review of trial balances.
• You will work closely with Fund Accountants and Senior Fund Accountants to meet service-level agreements and maintain a high standard of client deliverables.
• You will apply a sound understanding of capital calls, distributions and investor statements for private equity accounts.
• You will proactively coordinate with internal operations groups, including Middle Office, Pricing, PDS and Investor Relations, to support smooth internal data flows, resolve breaks and issues, and deliver client requirements on time.
• You will drive continuous improvement by identifying efficiencies while maintaining appropriate process controls and keeping managers informed of all material issues affecting the NAV production process.
• You will train and support team members in their professional development.
• You will assist Fund Accounting staff in resolving day-to-day issues and contribute to performance management and evaluation activities alongside the Manager.
• You will support effective department operations by facilitating cross-training of funds across teams, coordinating coverage during high-volume periods, and sharing technical and operational knowledge to promote best practices.
• You will critically assess departmental processes and technology and continually seek opportunities to improve the quality and productivity of internal processes and controls.
• You will actively participate in internal meetings and initiatives concerning operational issues and present potential solutions.
• You will work alongside the Manager to establish and accomplish team goals.

About You

• You have a Bachelor or master level degree in accounting, finance, economics or professional accounting designation
• You have 6+ years’ experience in Financial Services, preferably with exposure to Product Control, Operations or Fund Accounting environments
• You have 2 years’ experience managing staff
• You have hands-on experience across the entire trade life cycle, including trade booking, reconciliation, pricing, accounting and reporting.
• You understand special purpose vehicle (SPV) structures.
• You have in-depth experience across public and private market Fund structures and investments
• Passion for stakeholder management – clients, internal stakeholders and management team.
• 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.
• You understand private equity concepts such as commitments / capital calls / distributions

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.