Supervisor, Fund Accounting

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, leading 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:

• Complete and review operational deliverables in line with Service Level Agreements with clients.
• Act as central point of contact for clients
• Assist Operations Manager in allocation of work to staff, work-flow processes and improvements
• Assist staff with their work as need arises and prepare more complex deliverables
• Break resolution for all open items with the clients
• Ensure client deadlines are met
• Support open-ended fund teams with all AXI allocation needs
• Liaise with multiple external parties (auditors, legal counsel, investors)

Review Quarterly/Monthly reports and working papers, which include:

• Cash and Position Reconciliations
• Expense Accruals
• Dividends and Interest Accruals, if applicable
• All capital activity pertaining to the funds (Capital Call and Distribution processing)
• Limited Partner and General partners/Shareholder Allocation; calculations/schedules – includes review of Admin/Management fees/Waterfall/Clawback calculations
• Trial balances and related working papers
• You will complete financial statements, footnotes, and Partner Capital Statements
• Lead and coordinate all preparation activities required for monthly, quarterly, and annual deliverables.
• Liaise with other internal Citco teams (Treasury, Client relations, etc.) to ensure efficient flow of information within different Citco team
• Support the conversion of any new clients and existing migrations

Shape and Support Global Business Model:

• Shape and support the Real Assets Fund Services global business model through technology and operational initiatives.
• Lead and contribute to internal process improvement projects
• Contribute to requirements gathering (creating BRDs and FRDs), design (TDDs) and testing (test scripts) of Citco’s technology platforms, with a strong focus on Yardi (Voyager 7s) as the core Real Assets Software Platform
• Participate in the change management process, overseeing the definition, approval, and implementation of scope changes
• Create business requirements, functional requirements, design specifications, test scripts, training guides, and other artifacts for new processes or solutions

About You:

• You have Bachelor or Master level degree in accounting.
• Professional accounting designation is preferred
• Designated accountant or working towards CPA (or equivalent)
• 5+ years of public/private real estate accounting work experience
• Previous experience supervising/coaching staff
• Experience in reviewing and preparing general ledgers and financial statements
• Knowledge of IFRS and US GAAP
• Experience in Limited Partnership accounting a plus
• Excellent communication skills and proficiency in English (both verbal and written)
• Motivated, bright and diligent individual who is driven to meet deadlines
• Team player who is able to manage individual responsibilities
• Sound judgment, problem solving and analytical skills.
• Advanced level MS Excel
• Knowledge of MRI, Yardi, or Investran a plus

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. 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.