Fund Services Vice President - Real Assets

The Citco Group Limited; Makati; On-site; PHP 2,000,000 - 3,000,000; Full time

Benefits offered by this job

Training and education support

Flexible working arrangements

Disability accommodation available

Job summary

The Citco Group Limited is seeking a senior accounting professional to lead real estate fund administration, oversee reporting, and manage client relationships. You will review complex ledgers, capital activity, and partner allocations while coordinating with auditors and senior management.

Advantageous IFRS/GAAP knowledge and experience with real estate/private equity accounting systems will support performance. A supervisory background and strong Excel skills are required for success.

Qualifications

• Bachelor or Master level degree (in accounting, finance, economics).
• Professional accounting designation required.
• 8+ years’ experience in accounting for financial services, Real Estate, Asset Management or Fund Administration.
• Supervisory skills with experience in managing and/or leading staff for 6+ years.
• Knowledge of IFRS and US GAAP is an added advantage.
• Experienced in reviewing general ledger and financial statements.
• Knowledge of GAAP and IFRS required.
• Experience with real estate/private equity accounting systems preferred.
• Advanced computer skills (Microsoft Excel).

Responsibilities

• Review Quarterly/Monthly reports and working papers, including Cash and Position, Reconciliations, expense accruals, dividends and interest accruals.
• Review capital activity pertaining to funds (Capital Call and Distribution processing).
• Review Limited Partner and General partner allocations; calculations and schedules. – includes review of Admin/Management fees/Waterfall/Clawback calculations.
• Maintain trial balances and related working papers, financial statements, footnotes and Partner Capital Statements.
• Share overall responsibility for client relationships, inquiries and meetings.
• Interact with Senior Management and clients.
• Review procedures and recommend solutions to improve efficiencies.
• Ensure adherence to audit standards and coordinate external audit process.
• Liaise with clients on accounting and admin issues and developments.
• Provide technical accounting/industry knowledge to clients.

Skills

Leadership

Communication

Project management

Excel

Attention to detail

Multi-tasking

Education

Bachelor or Master level degree in accounting, finance, economics

Tools

Yardi

MRI

Investran

Job description

Job Description:

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.

As a core member of our Real Estate 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

• 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

• Minimum of 8+ years’ experience in accounting for the financial services sector, particularly Real Estate, Asset Management or Fund Administration.

• Supervisory skills with experience in managing and/or leading staff for 6+ years.

• Knowledge of IFRS and / or USGAAP is an added advantage

• Experienced in reviewing general ledger and financial statements.

• 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

• 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)

• Amenable to work and be assigned in our Alabang office (Filinvest 2 Bldg., Northgate Cyber Zone, Filinvest City, Alabang Muntinlupa City)

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.