Manager, Fund Accounting - Real Assets

The Citco Group Limited; Dallas (TX); On-site; USD 110,000 - 180,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Short and long-term disability

Retirement savings plan

Tuition reimbursement

Mental health and wellness support

Parental leave

Job summary

Citco is a market leader in fund administration, providing NAV packages and accounting services for real estate and private equity clients. The Manager will lead high-quality reporting, coach both onshore and offshore teams, and coordinate with multiple groups to ensure seamless audits and client service.

You will review agreements, implement fund structures in the accounting system, and oversee staff development while delivering ad hoc reports and maintaining strong client relationships.

Qualifications

• Bachelor or Master level degree (in accounting, finance, economics).
• 5+ years public/private accounting experience
• 7+ years real estate and/or private equity experience
• Knowledge and experience in GAAP and IFRS
• Experience with fair value reporting for real estate investments and debt obligations
• Knowledge of Private Equity and Real Estate Funds
• Experience in reviewing real estate operations and preparation of full sets of financial statements, including notes
• Knowledge of multi-family and commercial real estate accounting
• Strong leadership skills and supervisory experience of other professionals
• Strong written and verbal communication skills
• Project management skills with attention to detail and multi-tasking
• Knowledge and experience in real estate/private equity accounting systems (Yardi, MRI, Investran, etc.)

Responsibilities

• Produce high-quality NAV Packages as a key member of the Fund Accounting team.
• Coach on-shore and off-shore teams and provide technical accounting knowledge.
• Coordinate with Operations, Financial Statement, Tax, and Investor Relations groups.
• Coordinate, manage and monitor external audit process.
• Review fund partnership agreements, PPMs and other materials.
• Lead the implementation of fund structures on accounting system.
• Coach, develop and train staff.
• Complete ad hoc reports as needed.
• Review trading and operations processes for real assets division.
• Perform other duties as part of the company.

Skills

Leadership

Written and verbal communication

Project management

GAAP knowledge

IFRS knowledge

Financial statement preparation

Education

Bachelor or Master in accounting/finance/economics

Tools

Yardi

MRI

Investran

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 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:

• As a key member of the Fund Accounting team, a Manager is responsible for producing high-quality NAV Packages. In addition, a Manager must develop strong technical and interpersonal skills in order to coach the on-shore and off-shore teams.
• Providing technical accounting/industry knowledge to clients and internally
• Coordinate with Operations group, Financial Statement group, Tax group, and Investor Relations group
• Coordinate, manage and monitor external audit process
• Review fund partnership agreements, PPM's and other materials
• Lead the Implementation of fund structures on accounting system
• Coach, develop and train staff
• Complete ad hoc reports as needed
• Review trading and operations processes for the Company’s real assets division
• Complete any other functions required as part of the business of the Company

Qualifications

About You:

• Bachelor or Master level degree (in accounting, finance, economics).
• 5+ years public/private accounting experience
• 7+ years real estate and/or private equity experience
• Knowledge and experience in GAAP and IFRS
• Experience with fair value reporting for real estate investments and debt obligations
• Knowledge of Private Equity and Real Estate Funds
• Experience in reviewing real estate operations and preparation of full sets of financial statements, including notes
• Knowledge of multi-family and commercial real estate accounting
• Strong leadership skills and supervisory experience of other professionals
• Strong written and verbal communication skills
• Project management skills with attention to detail and proven ability to multi-task
• Knowledge and experience in real estate/private equity accounting systems (Yardi, MRI, Investran, etc.)

Your well-being is of paramount importance and central to our success here at Citco. Citco offers a comprehensive and competitive total rewards package to support your career success and personal needs. Your base salary will be determined by several factors such as the role, experience, skillset, market conditions, etc. Furthermore, qualifying positions can participate in an annual discretionary bonus pool based on company profitability and individual contributions.

Our comprehensive benefits package includes:

• medical coverage
• dental coverage
• vision coverage
• short and long-term disability benefits
• a retirement savings plan
• tuition reimbursement
• mental health and wellness support
• parental leave

Additional details about our total rewards package will be shared during the hiring process.

At Citco, we take pride in fostering an inclusive culture by prioritizing the hiring of people from diverse backgrounds. Our culture is a source of pride and strength, fostering innovation, mutual respect, and collaboration. We warmly welcome and encourage applications from people with disabilities. If you require any accommodations to make our recruitment process more accessible for you, please let your recruiter know.

As an equal opportunity employer, Citco adheres to making all employment and personnel decisions without discriminating based on race, color, creed, religion, sex, physical disability, mental disability, age, marital status, sexual orientation, citizenship status, national or ethnic origin, or any other protected status. We believe that an inclusive workforce not only enriches our company but also drives us towards greater success.

Please note that this job description is not intended to be all-inclusive. Our employees may perform other job-related duties as needed to meet the ongoing needs of our organization.