Fund Services.Assistant Vice President

The Citco Group Limited; Singapore; On-site; SGD 120,000 - 180,000; Full time

Benefits offered by this job

Training and education support

Flexible working arrangements

Diversity & inclusion

Job summary

Citco Group Limited is seeking an experienced Fund Administrator to manage Real Estate funds, maintain NAVs, and coordinate financial reporting. You will supervise staff, interact with clients and auditors, and support business development initiatives.

The role requires 6+ years in financial services accounting, strong IFRS/US GAAP knowledge, and excellent English communication skills. A proactive team player with supervisory experience is preferred.

Qualifications

• Bachelor Degree in Accounting, Finance, or related field; professional qualification encouraged.
• 6+ years' accounting experience in financial services, Real Estate, Asset Management or Fund Administration.
• Strong IFRS/US GAAP knowledge and consolidation experience.
• Excellent English communication skills, both written and verbal.

Responsibilities

• Administer Administration Agreements for a portfolio of Real Estate funds under VP supervision.
• Maintain books, records and NAV calculations.
• Coordinate and review financial statements and investor allocations.
• Supervise junior staff and act as primary client contact.
• Ensure timely invoicing, budgeting, and KPI monitoring.
• Assist auditors and participate in client presentations.
• Liaise with Investor Relations and service providers.

Skills

Accounting knowledge

IFRS knowledge

US GAAP knowledge

Communication skills

Analytical skills

Team player

Supervisory experience

Multi-tasking

Business acumen

English proficiency

Education

Bachelor Degree in Accounting/Finance

Bachelor's Degree in Law (specialized/related)

Tools

Yardi

MRI

Microsoft Excel

PowerPoint

Job description

JOB DESCRIPTION

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 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.

Responsibilities

Your Role:

• Your role will encompass the administration of and any services pursuant to Administration Agreements in respect of a portfolio of Real Estate funds working closely with the Vice President and supervising a small team of accountants.
• 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 and investor allocations for capital calls and distributions;
• Coordinate and review 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, auditors and other fund participants;
• Assisting auditors, 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.
• Manage and oversee all service related matters for a portfolio of client companies, from a corporate secretarial point of view;
• Manage and supervise staff in your account, company secretaries and other support staff in Singapore and Shared Service Centers and coordinate internal and external timelines to ensure deliverables to clients are met;
• Review and approve timesheets of account team members, ensure time is billed accurately in accordance with Service Agreements;
• Attend and lead board meetings and business development meetings with potential clients, recognize situations where Citco's services can be marketed;
• Communicate and work effectively with clients, investors/shareholders and third party providers which may include auditors, tax agents, property managers and legal counsels;
• Involvement with and supervision of other aspects of client work such as workload budgeting, business development, corporate legal, on-boarding of new clients, accounts receivables, KYC/compliance, invoicing etc;
• Maintain, develop and expand business relationships with local and international clients and other business contacts and colleagues;
• Ensuring and monitoring KPIs of account team members are met;
• Monitor workload of account team members and adequately assess division of new and existing clients;
• Training and coaching staff.

Qualifications

About You:

• Bachelor Degree in Accounting, Finance, business-related area and/or studying for a professional accounting qualification (i.e. CA, CPA or ACCA or equivalent).
• With 6+ years' experience in accounting for the financial services sector, particularly Real Estate, 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 4+ years.
• Strong business acumen.
• Good client/business relationship management.
• Sound judgment, problem solving and analytical skills.
• Proficient with Microsoft Applications (Excel, Word, PowerPoint).
• Working knowledge of Yardi highly desirable (or other Real Estate system e.g. MRI).
• Real estate fund administration experience.
• Bachelor’s Degree major in Law or a minimum 5 years of relevant working experience in a company secretarial/legal managerial role, preferably with relevant exposure to tax driven structures;
• Experience in handling corporate matters for Private Equity and Real Estate, Segregated Portfolio Companies structures, including Special Purpose Vehicles (SPVs), Management and Holding/Prop Companies, Listed and Non-Listed companies and Trust structures;
• Affinity with accounting and relevant educational experience in reviewing financial statements and;
• Team player;
• Proven ability to multi-task while meeting challenging deadlines for multiple clients at a time;
• Strong analytical skills;
• Strong communications skills

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.