Assistant Vice President - Private Credit

Citco Fund Services (Singapore) Pte Ltd.; Singapore; On-site; SGD 180,000 - 240,000; Full time

Benefits offered by this job

Flexible working arrangements

Training and education support

Accommodations available for disabled

Job summary

Citco Fund Services (Singapore) Pte Ltd. seeks an Assistant Vice President - Private Equity to administer a portfolio of Private Equity funds and lead a small accounting team in Singapore.

The role involves NAV calculations, financial statements, investor communications and compliance with SLAs. Expect a senior accounting professional with 6+ years in private equity or asset management, IFRS/USGAAP knowledge, and strong client-relations skills.

Qualifications

• Qualification (CA, CPA, ACCA or equivalent).
• Minimum 6 years' accounting experience in financial services, esp. Private Equity.
• Knowledge of IFRS and/or USGAAP.
• Experience reviewing and preparing general ledger and financial statements.
• IFRS consolidation knowledge.
• Excellent English communication (verbal and written).
• Supervisory experience (3–4 years).
• Strong client relationship management and business acumen.
• Proficiency with Microsoft Office and enterprise accounting systems.
• Experience with Investran or other Private Equity systems (e.g., E-Front).

Responsibilities

• Maintain books and records and calculate fund Net Asset Values.
• Coordinate and review financial statements and monthly/quarterly reports.
• Coordinate and review carried interest, performance and incentive fees calculations.
• Coordinate investor capital calls, distributions and equalisations calculations.
• Coordinate partner capital account statements and payments processing.
• Supervise junior staff and sign off on work performed.
• Serve as primary day-to-day client contact and liaise with Investor Relations.
• Maintain relationships with investors, banks and auditors.
• Assist auditors and other fund participants; participate in client presentations.
• Monitor compliance with service agreements and participate in strategic projects.

Skills

IFRS knowledge

USGAAP knowledge

Reviewing general ledger

English communication

Team player

Client relationship management

Microsoft Office

Investran experience

E-Front / Private Equity systems

Accounting for Private Equity

Education

CA / CPA / ACCA or equivalent

Tools

Investran

E-Front

Microsoft Excel

Microsoft PowerPoint

Job description

Job Description

Assistant Vice President - Private Equity

Singapore

About Citco

Citco is a global leader in fund services, corporate governance and related asset services with more than 10,000 staff across 80 offices worldwide. With more than $1.9 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients' needs.

For more information about Citco, please visit www.citco.com .

About the Role:

Your role will encompass the administration of and any services pursuant to Administration Agreements in respect of a portfolio of Private Equity funds working closely with the Vice President and supervising a small team of accountants.

Your Role:

• Responsible for maintaining books and records and calculation of fund Net Asset Values;
• Coordinating and reviewing financial statements and associated reports, including performance metrics for monthly/quarterly reporting;
• Coordinate and review calculations of carried interest/performance/incentive fees;
• Coordinate and review calculations and investor allocations for capital calls, distributions and equalisations;
• Coordinate and review partner capital account statements;
• Coordinate processing of payments and other transactions;
• Supervise junior staff, reviewing and signing off on work performed;
• Acting as a primary day-to-day contact with clients and other fund participants;
• Work closely with the Investor Relations team to respond to investor queries and to disseminate capital activity and other investor notices;
• Maintaining relationships with investors, investment advisors/managers, banks and auditors and other fund participants;
• Assisting auditors and other fund participants and advisers;
• Participating in presentations to existing and prospective clients;
• Monitor compliance of various agreements with clients, including the Service Level Agreement;
• Participating in projects that may be defined from time to time in connection with the continuing expansion and evolution of the business;
• Any other functions required as part of the business of the Company, and reporting to the Vice President.

About You:

• Qualification (i.e. CA, CPA or ACCA or equivalent)
• Minimum 6 years' experience in accounting for the financial services sector, particularly Private Equity, Asset Management or Fund Administration.
• Knowledge of IFRS and / or USGAAP
• Experienced in reviewing and preparing general ledger and financial statements.
• Established knowledge in relation to accounting and consolidations under IFRS.
• Excellent communication skills and proficiency in English (both verbal and written).
• Motivated, bright and diligent individual who is driven to meet deadlines.
• A team player who is able to manage individual responsibilities.
• Supervisory skills with experience in managing and/or leading staff for 3-4 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 enterprise accounting system(s).
• Working knowledge of Investran highly desirable (or other Private Equity system e.g. E-Front)
• Experience in Limited Partnership accounting
• Private equity fund administration experience

Our Benefits

Your wellbeing 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 recognize diversity as a source of organizational pride and strength. We have made it a priority to reflect our nation's evolving diversity in the people we hire, and the culture we create in our organization.

Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.