VICE PRESIDENT - Fund Accounting - Hedge Funds

CITCO INTERNATIONAL SUPPORT SERVICES LIMITED-PHILIPPINE ROHQ; Philippines; Hybrid; PHP 1,200,000 - 2,400,000; Full time

Benefits offered by this job

Hybrid work arrangement

Office in Makati/Alabang

Disability accommodations

Job summary

Citco is seeking an experienced Senior Fund Administrator in the Philippines to join our Real Assets team. You will manage NAV calculations for a portfolio of hedge funds and coordinate reviews with senior leadership.

The role requires 8+ years in accounting for financial services, IFRS/US GAAP knowledge, and strong leadership to supervise staff across locations. A hybrid schedule onsite three days per week with offices in Makati or Alabang is available.

Qualifications

• Bachelor's degree in accounting, finance, or related field.
• 8+ years’ experience in accounting for the financial services sector, particularly Real Estate, Asset Management or Fund Administration.
• Knowledge of IFRS and / or USGAAP is an added advantage.
• Excellent communication skills and proficiency in English (both verbal and written).
• Motivated, bright and diligent individual who is driven to meet deadlines.

Responsibilities

• Calculate NAV for hedge funds and review NAV calculations, financial statements, and reports.
• Review and sign-off on payments and other transactions.
• Coordinate KPI/KRI reporting and client deliverables for the team.
• Identify staffing/training needs to efficiently manage pipeline and engage stakeholders for hiring.

Skills

IFRS Knowledge

US GAAP

Financial Analysis

Team Leadership

Education

Bachelor's in Accounting

Tools

Yardi

Excel

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 Assets 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. Managing a group of clients with your senior vice presidents, your responsibilities will include;
• Performing the administration of and any services pursuant to administration agreements in respect of a portfolio of hedge fund clients;
• Review and sign-off of Net Asset Value calculations, financial statements and associated reports
• Reviewing/Authorizing payments and other transactions;
• Address and/or escape all material issues affecting the NAV production process or client relationship in general to Senior Vice President in a detailed and timely manner
• Primary point of contact and escalation for the Year end process with respect to audit timelines, Financial Statement Preparation, Regulatory filings, Tax services, etc.
• Primary point of contact and escalation for KPIs and KRIs on the client deliverables of the team
• Coordination and oversight for all facets of SSC pipeline – includes New Business, migrations, organic changes including liquidations and resignations; monitor and escrow ingestion and progress of new clients, fund launches and on boarding of existing clients
• Identify Staffing/Training needs to efficiently manage pipeline; monitor requirements against actual while proactively engaging stakeholders to facilitate hiring and training requirements
• Work closely with SSC and LO stakeholders to maximize client profitability; monitor and report on SSC and LO resource management at client, individual and location level for Senior Management action
• Review and action on Operational MIS Reporting – reporting on Fund Operational Metrics, adherence to risk and best practice guidelines, turnover, productivity/efficiencies to name a few
• Acting as the senior representative, co-ordinate strategic and operational initiatives between SSC FA Management/SDG/Global project teams and the Local Project Coordinators (LPCs) within each locations to achieve successful execution
• Develop and maintain strong relationships across CFS to effectively facilitate CFS SSC FA strategies and goals

About You:

• Bachelor's degree in accounting, Finance, Business related area and/or studying for a professional accounting qualification (ie. CA, CPA equivalent)
• Minimum of 8+ years’ experience in accounting for the financial services sector, particularly Real Estate, Asset Management or Fund Administration.
• Knowledge of IFRS and / or USGAAP is an added advantage.
• Experienced in reviewing general ledger and financial statements.
• Established knowledge in relation to accounting and consolidations under IFRS is an added advantage.
• 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.
• Supervisory skills with experience in managing and/or leading staff for 6+ years.
• Strong business acumen.
• 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 Makati (OneAyala Corporate) and/or Alabang office (Northgate Cyber Zone, Filinvest City).
• Amenable to working in a Hybrid work arrangement (required to work onsite for 3 days per week).
• Amenable to working in shifting schedules.

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.