Manager, Fund Accounting - Private Assets (Traditional PA)
Manager, Fund Accounting - Private Assets (Traditional PA)
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$ 120000 - 170000
1 Vacancy
Job Description
About Citco
Citco is a global leader in fund services corporate governance and related asset services with staff across 50 office locations worldwide. With more than $1.8 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
About the Team & Business Line:
Fund Administration is Citcos core business and our alternative asset and accounting service is one of the industrys 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 Private Asset team you will be working with some of the industrys most accomplished professionals to deliver award-winning services for complex fund structures that our clients can depend upon.
Responsibilities
Your Role:
You will coach develop and train staff.
Manage client engagements
Maintain and control the general ledger and various sub-ledgers
Prepare and review financial statements footnotes and partner capital statements
Prepare and review limited partner and general partner allocations
Prepare and review trial balances and work paper product
Review capital activity that pertains to the funds including capital calls distributions rebalances and transfers
Prepare and review fee calculations including (but not limited to) management fees admin fees waterfall claw back and carried interest calculations
Manage and monitor the timing and quality of client deliverables
Interact with senior management and manage overall relationships for multiple clients
Provide technical accounting/industry knowledge to clients
Establish plans for new client setup and transitions
Coordinate with Operations group Financial Statement group Tax group and Investor Relations group
Coordinate manage and monitor external audit process
Review private equity fund clients partnership agreements PPMs and other materials
Implement fund structures on accounting system
Complete ad hoc reports as needed
Be involved in any other functions required as part of the business of the Company
Qualifications
About You:
You have 2 years experience in managing a team of Fund Accountants Senior Fund Accountants and Supervisors.
3-5 years of fund accounting experience
Knowledge of US GAAP and other comprehensive basis of accounting
Knowledge of waterfall structures modeling and calculations desirable
Experience in reviewing and preparing general ledgers and financial statements
Strong leadership skills and supervisory experience of other professionals
Project management skills with attention to detail and proven ability to multi-task
Bachelors Degree in Accounting Finance or Economics
Strong written and verbal communication skills
Working knowledge of Excel and Word is essential experienced user of the SunGard Investran PE accounting platform highly desirable
Salary Range: $120000 to $170000 USD
Our Benefits
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 dental and vision coverage short and long-term disability benefits a retirement savings plan tuition reimbursement mental health and wellness support parental leave and more. 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.
Required Experience:
Manager
Employment Type
Full-Time
