Fund Services - Vice President - Real Assets - Fund Accounting

The Citco Group Limited; Makati; Hybrid; PHP 1,800,000 - 3,400,000; Full time

Benefits offered by this job

Hybrid work arrangement

Alabang Office

Training and education support

Flexible benefits

Job summary

The Citco Group Limited in Metro Manila is seeking a Senior Fund Accountant to oversee quarterly/monthly reports, capital activity, and partner allocations. You will liaise with clients, coordinate audits, and ensure adherence to accounting standards.

With 6+ years in financial services accounting and IFRS/US GAAP knowledge, you will lead a team in a hybrid Alabang-based setup, supporting fund structures and client service plans while driving efficiency and accuracy.

Qualifications

• Bachelor's degree in Accounting or Finance or equivalent.
• CPA designation preferred.
• 6+ years in accounting for financial services (Real Estate/Asset Management/Fund Admin).
• Supervisory experience of 2+ years.

Responsibilities

• Review quarterly/monthly reports and working papers including cash, reconciliations, accruals, dividends, and interest.
• Review all fund capital activity (Capital Call and Distribution processing).
• Review allocations for Limited/General partners; oversee fees, waterfalls and clawbacks.
• Maintain client relationships and lead management meetings with clients.
• Coordinate with senior management and provide technical accounting knowledge.
• Ensure adherence to internal/external audit standards and support audit processes.

Skills

Communication skills

Leadership

Analytical skills

Problem solving

Education

Bachelor's degree in Accounting or Finance

CPA designation preferred

Tools

Yardi

MS Office

Job description

About Citco

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.

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.
• 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 Degree in Accounting, Finance, Business related area and/or studying for a professional accounting qualification (ie. CA, CPA equivalent)
• Professional accounting designation CPA is preferred
• Minimum of 6+ 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 2+ years.
• Experience in reviewing and preparing general ledgers and financial statements
• Knowledge of IFRS and US GAAP
• Experience in Limited Partnership accounting a plus
• Excellent communication skills and proficiency in English (both verbal and written).
• Motivated, bright and diligent individual who is driven to meet deadlines.
• A team manager who is also able to manage individual responsibilities.
• Good client/ business relationship management
• Sound judgment, problem solving and analytical skills.
• Proficient with Microsoft Applications (Excel, Word, PowerPoint etc.).
• User experience with Yardi accounting system(s) is preferable
• Amenable to working in our Alabang Office (Filinvest 2 Bldg., Northgate Cyber Zone)
• Amenable to working under a Hybrid work arrangement (3 days' onsite)
• Amenable to working on shifting schedule (pref. Mid-shift 1pm or 3pm onwards)

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.