Fund Services.Supervisor - Fund of Funds

The Citco Group Limited; Makati; Hybrid; PHP 900,000 - 1,300,000; Full time

Benefits offered by this job

Flexible working arrangements

Training and education support

Health and well-being benefits

Job summary

A global fund services provider is seeking a skilled professional to join their Fund Accounting team in Makati, Philippines. The role requires overseeing multi-faceted net asset value calculations for complex hedge funds, managing staff, and ensuring timely deliverables. The ideal candidate should hold a Bachelor’s degree and have over 4 years of experience in financial services, particularly in a high-volume operational setting. This position offers a hybrid work model, fostering balance and inclusivity.

Qualifications

• Minimum 4+ years of experience in Financial Services or hedge fund industry.
• Experience in managing and/or leading staff for 2-3+ years.
• Proficient in Microsoft Applications.
• Strong business acumen.
• Strong financial and/or accounting and analytical skills
• Good client/ business relationship management
• Strong communication and interpersonal skills with the ability to build effective working relationships.
• Amenable to work in our Alabang office (Northgate Cyber Zone, Filinvest City, Alabang, Muntinlupa City)
• Amenable to working on a Hybrid set up (2 days' onsite per week)
• Amenable to work on shifting schedules (AM shift, from 11AM to 8PM)

Responsibilities

• Calculate net asset values for complex hedge funds.
• Supervise staff and manage portfolios.
• Prepare Net Asset Value calculations and financial statements.
• Assisting Assistant Vice President in supervising staff within an “Account”, reviewing work performed by staff in the Account;
• Working closely with the Senior Fund Accountants /Fund Accountants to manage timelines, workflows and deliverables within agreed SLA’s;
• Assisting Assistant Vice President in meeting client expectations by monitoring timely delivery of daily, weekly and monthly deliverables;
• Escalating all material issues effecting the NAV production process to the Assistant Vice President in a timely manner;
• Monitoring progress of Senior Fund Accountants /Fund Accountants to identify areas for additional training & development;
• Developing and maintaining relationships with investors, investment advisors/managers, banks, brokers and auditors and other fund participants;
• Building relationships & working closely with investor relations group and liaising with other departments within Citco as required;
• Training & Coaching staff;
• Meeting expectations of clients & fund participants, adhering to deadlines;
• Positioning one-self to be the first escalation point for internal queries;
• Assisting Assistant Vice President to coordinate the Year End process with respect to audit timelines, Financial Statement Preparation, Regulatory filings, Tax services etc.;
• Assist the Assistant Vice President where required & become involved in special projects as needed (e.g. conversions etc.).

Skills

Supervisory skills

Strong business acumen

Analytical skills

Client relationship management

Excellent communication skills

Education

Bachelor Degree in Accounting, Finance, Business related area

Tools

Microsoft Applications (Word, Excel)

Job description

Overview

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

• Encompass all facets of the calculation of net asset values on a variety of complex hedge funds. Assisting with the supervision of (Senior)/fund accountants and working closely with the Assistant Vice President, your responsibilities will include;
• Performing the administration of and any services pursuant to administration agreements in respect of a portfolio of hedge funds;
• Preparation of Net Asset Value calculations, financial statements and associated reports for larger, complex clients, or as required, within deadlines;
• Assisting Assistant Vice President in supervising staff within an “Account”, reviewing work performed by staff in the Account;
• Working closely with the Senior Fund Accountants /Fund Accountants to manage timelines, workflows and deliverables within agreed SLA’s;
• Assisting Assistant Vice President in meeting client expectations by monitoring timely delivery of daily, weekly and monthly deliverables;
• Escalating all material issues effecting the NAV production process to the Assistant Vice President in a timely manner;
• Monitoring progress of Senior Fund Accountants /Fund Accountants to identify areas for additional training & development;
• Developing and maintaining relationships with investors, investment advisors/managers, banks, brokers and auditors and other fund participants;
• Building relationships & working closely with investor relations group and liaising with other departments within Citco as required;
• Training & Coaching staff;
• Meeting expectations of clients & fund participants, adhering to deadlines;
• Positioning one-self to be the first escalation point for internal queries;
• Assisting Assistant Vice President to coordinate the Year End process with respect to audit timelines, Financial Statement Preparation, Regulatory filings, Tax services etc.;
• Assist the Assistant Vice President where required & become involved in special projects as needed (e.g. conversions etc.).

About You

• Bachelor Degree in Accounting, Finance, Business related area and/or studying for a professional accounting qualification
• Minimum 4+ years of relevant experience in Financial Services with high volume operational environment and/ or hedge fund industry is an advantage
• Supervisory skills with experience in managing and/or leading staff for 2-3+ years.
• Strong business acumen.
• Strong financial and/or accounting and analytical skills
• Good client/ business relationship management
• Strong communication and interpersonal skills with the ability to build effective working relationships.
• Proficient in Microsoft Applications (Word, Excel etc.)
• Amenable to work in our Alabang office (Northgate Cyber Zone, Filinvest City, Alabang, Muntinlupa City)
• Amenable to working on a Hybrid set up (2 days' onsite per week)
• Amenable to work on shifting schedules (AM shift, from 11AM to 8PM)

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.