Fund Services - Vice President - Real Assets

The Citco Group Limited; Makati; On-site; PHP 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Flexible working arrangements

Training and education support

Diversity and inclusion initiatives

Job summary

The Citco Group Limited is looking for an experienced professional in Makati, Philippines to take on a significant accounting role. This position requires overseeing client relationships, managing team performance, and ensuring compliance with audit standards.

Applicants should possess a Bachelor's or Master's degree in accounting or finance, a professional designation, and a minimum of 7 years of related experience. Strong leadership and project management skills are also essential.

Citco offers a range of benefits and an inclusive environment, prioritizing well-being and diversity within the workplace.

Qualifications

• 7+ years of public/private accounting experience is required.
• 5+ years of real estate and/or private equity experience preferred.
• Knowledge and experience in GAAP and IFRS are necessary.

Responsibilities

• Review Quarterly/Monthly reports for accuracy.
• Manage and monitor client relationships and meetings.
• Ensure adherence to all internal and external audit standards.

Skills

Public/Private accounting experience

Real estate and/or private equity experience

Knowledge of GAAP and IFRS

Leadership and supervisory experience

Strong communication skills

Project management skills

Education

Bachelor or Master degree in accounting, finance, or economics

Professional accounting designation

Tools

Microsoft Excel

Yardi, MRI, Investran

Job description

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 Citco

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.

Your Role

• Review Quarterly/Monthly reports and working papers, which include: the Cash and Position, Reconciliations, expense Accruals, Agree Dividends and Interest Accruals if applicable.
• Review all capital activity pertaining to the funds (Capital Call and Distribution processing)
• Review Limited Partner and General partners/Shareholder Allocation; calculations/schedules. – includes review of Admin/Management fees/Waterfall/Clawback calculations.
• Tial balances and related working papers, financial statements, footnotes and Partner Capital Statements.
• Have overall responsibility for client relationships, inquiries and meetings
• Interact with Senior Management and clients
• Review procedures and recommend solutions in order to improve efficiencies
• Ensure adherence to all internal and external audit standards
• Coordinate, manage and monitor external audit process
• Liaise with clients and assist them on accounting and administrative issues and relevant developments
• Provide technical accounting/industry knowledge to clients
• Review client partnership agreements, PPM’s and other materials
• In charge of Implementation of fund structures onto accounting system
• You will look after the preparation of client service plans including annual budget
• Liaising with property management companies
• Review the work of team members and provide feedback for improvement in order to guarantee timely delivery and quality of work
• Monitor and track team performance and profitability in order to meet the client service level agreements and achieve financial targets
• Plan resources in line with business demands, participate in the recruitment and selection process, lead, coach, develop and appraise employees within the team
• Establish plan for new client setup and transitions
• Keep Senior Management abreast of all material issues affecting the processing of deliverables
• Process ad Hoc reports requests and operations metrics as required by management
• Implement training initiatives

About You

• Bachelor or Master level degree (in accounting, finance, economics)
• Professional accounting designation required
• 7+ years public/private accounting experience
• 5+ years real estate and/or private equity experience
• Knowledge and experience in GAAP and IFRS required
• Experience with fair value reporting for real estate investments and debt obligations
• Knowledge of Real Estate & Private Equity Funds Accounting
• Strong leadership skills and supervisory experience of other professionals
• Strong written and verbal communication skills
• Knowledge of REIT structures and testing
• Experience in Performance Reporting – NCREIF and GIPS(AIMR)
• You have project management skills with attention to detail and proven ability to multi-task
• Knowledge and experience in real estate/private equity accounting systems (Yardi, MRI, Investran, etc.) is preferred
• Advanced computer skills (Microsoft Excel)

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.