Fund Services.Vice President

The Citco Group Limited; Makati; Hybrid; PHP 1,500,000 - 2,500,000; Full time

Benefits offered by this job

Flexible working arrangements

Accommodations upon request

Training and education support

Job summary

The Citco Group Limited is seeking a seasoned professional to lead Fund of Funds accounting for institutional clients. You will oversee administration, shadow accounting, and trade-cycle activities across multiple offices, ensuring accurate NAV computations and timely reporting.

As a senior representative, you will coordinate strategy with Global Project Teams and Local Coordinators, drive process improvements, and ensure efficient onboarding, migrations and client onboarding while partnering

Qualifications

• Bachelor or master in accounting, finance, economics or related designation.
• 10+ years in Financial Services with exposure to Product Control, Operations or Fund Accounting.
• 6 years’ experience managing staff.
• Hands-on experience across the trade life cycle: booking, reconciliation, pricing, accounting and reporting.
• Understand SPV structures.
• In-depth knowledge of private equity fund structures and investments.
• Strong stakeholder management skills—clients and internal teams.

Responsibilities

• Oversee administration, shadow accounting, bookkeeping for institutional clients.
• Oversee the entire trade life cycle, including trade booking, reconciliation, pricing, accounting and reporting.
• Review and sign off NAV calculations, financial statements and related reports.
• Coordinate and manage Fund of Funds pipeline: new business, migrations, onboarding and liquidations.
• Resolve complex transactions requiring policy interpretation and timely escalation.
• Lead and develop the team, monitor capacity and training needs across locations.

Skills

Finance experience

Staff management

Trade life cycle

SPV structures

Private equity knowledge

Stakeholder management

Citco platforms knowledge

Education

Bachelor or Master degree in accounting, finance, economics or professional accounting designation

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

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 working 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.

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 oversee the entire trade life cycle, including trade booking, reconciliation, pricing, accounting and reporting.
• You will review and sign off Net Asset Value calculations, financial statements and associated reports.
• You will address and/or escape all material issues affecting the GAV/NAV production process or the overall client relationship to the Senior Vice President in a detailed and timely manner.
• You will maintain a high-quality Fund Accounting service delivery for assigned clients.
• You will serve as the primary point of contact and escalation for KPIs and KRIs relating to the team’s client deliverables.
• You will coordinate and oversee all facets of the Fund of Funds pipeline, including new business, migrations, organic changes, liquidations and resignations. You will monitor and elevate the intake and progress of new clients; fund launches and the onboarding of existing clients.
• You will drive the resolution of complex transactions requiring expert interpretation of policies, guidelines and/or processes.
• You will enable the team to work in a collaborative, consistent, stable and efficient manner, delivering a cohesive service to clients and their investors.
• You will identify employee and training needs to manage the pipeline efficiently, monitor requirements against actual capacity, and proactively engage stakeholders to facilitate hiring and training requirements.
• You will work closely with stakeholders to maximize client profitability and monitor and report resource management at client, individual and location levels for Senior Management action.
• Acting as the senior representative, you will coordinate strategic and operational initiatives between Fund of Funds Management, Global Project Teams and Local Project Coordinators across locations to support successful execution.
• You will generate ideas and continually assess and improve the operational service model, including contributing to system design requirements and ongoing departmental project work.

About You

• You have a Bachelor or master level degree in accounting, finance, economics or professional accounting designation
• You have 10+ years’ experience in Financial Services, preferably with exposure to Product Control, Operations or Fund Accounting environments
• You have 6 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 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.

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