Assistant Vice President, Fund Accounting

CITCO FUND SERVICES (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 180,000 - 240,000; Full time

Benefits offered by this job

Flexible working arrangements

Professional development opportunities

Job summary

Citco Fund Services (Singapore) PTE. LTD. is seeking an experienced Fund Accountant to perform NAV calculations across hedge funds, review statements, and ensure timely delivery of client reports.

You will lead a team of fund accountants, coordinate with internal teams, and manage daily workflows to uphold accuracy and high SLA performance, while supporting production and cost management.

Qualifications

• Bachelor degree in accounting/finance/business or related field; professional qualification is a plus.
• Experience in financial services with high-volume operations or hedge funds; 6+ years preferred.
• Strong analytical, problem-solving skills and attention to detail.

Responsibilities

• Perform NAV calculations for hedge funds and review/ sign-off NAVs, financial statements and reports.
• Administer and service administration agreements for a portfolio of hedge fund clients.
• Review/authorize payments and other transactions; monitor daily workflows to meet SLAs.
• Coordinate with internal teams including Operational Support, Middle Office, Pricing, Investor Relations and Relationship Management.

Skills

Analytical skills

Attention to detail

Supervisory skills

Teamwork & collaboration

Communication skills

Education

Bachelor Degree in Accounting, Finance, Business related area

Tools

Microsoft Office Suite (Word, Excel, PowerPoint)

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.

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:

• Your role will encompass all facets of the calculation of net asset values on a variety of complex hedge funds. Managing a group of fund accountants, senior fund accountants and supervisors while working closely with your vice president, 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 & sign-off of Net Asset Value calculations, financial statements and associated reports
• Reviewing/Authorizing payments and other transactions;
• Building relationships & working closely with Citco Internal SSC & non-SSC teams including Operational Support, Middle Office, Pricing, Investor Relations and Relationship Management Fund Accounting teams
• Planning, scheduling and managing the daily workflows of all client deliverables within the team
• Effective monitoring of deliverables to ensure high SLA compliance within set accuracy standards
• Developing, adhering and maintaining target resource deployment to ensure adequate resources for production, overtime & cost management
• Ensure adherence of applicable best practice policies & client specific agreements.
• Address and/or escalation all material issues effecting the NAV production process or client relationship in general to Vice President in a detailed & timely manner
• Managing & coordinating the Year end process with respect to audit timelines, Financial Statement Preparation, Regulatory filings, Tax services, etc
• Liaising closely with the Supervisor to identify and implement on the job training initiatives for team members; own team related duties including vacation management, performance appraisals, etc
• Engage & own intra-office migrations and/ or new client on boarding
• Contribute & own departmental initiatives while supporting team initiatives

• Drive forward continuous improvement, seeking efficiencies while maintaining adequate controls

  About You:

• Bachelor Degree in Accounting, Finance, Business related area and/or studying for a professional accounting qualification.
• Min 6+ years of experience in Financial Services with high volume operational environment and/ or hedge fund industry
• Supervisory skills with experience in managing and/or leading staff for 3+ years
• Excellent analytical, problem solving skills with high degree of attention to detail
• Strong business acumen.
• Good client/ business relationship management
• Strong interpersonal & teamwork skills
• Proficient in Microsoft Applications (Word, Excel, Powerpoint etc)
  

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.