AddressAbout Citco:
Since the 1940s Citco has provided specialist financial services to alternative investment funds, investors, multinationals and private clients worldwide. With over 12,000 employees in 50 countries we pioneer innovative solutions that meet our clients’ evolving needs, and deliver exceptional service.
Our continuous investment in learning means our people are among the best in the industry. And our corporate social responsibility programs provide meaningful and fulfilling work in the community.
A career at Citco isn’t just a job – it’s an opportunity to excel in an environment that genuinely supports your personal and professional development.
About the Team & Role:
- Responsible for providing clients with accurate and timely accounting services in line with clients’ business needs, Citco procedures, applicable accounting standards and compliance with relevant regulatory authorities, to meet the client service agreements.
- Your role will encompass all facets of the calculation of net asset values on a variety of Private Equity funds. Working closely with Fund Accountants, supervisors and/or assistant vice presidents, your responsibilities will include:
Main Job Functions/Responsibilities:
- Accounting & analysis:
- Maintain and control the general ledger and various sub-ledgers
- Prepare financial statements, footnotes and partner capital statements
- Prepare limited partner and general partner allocations
- Prepare trial balances and work paper product
- Process standard and complex bookkeeping entries
- Involved within a full scope of transaction activities including full cycle accounting
- Prepare financial data analysis
Monitor the timing and quality of client deliverables
Interact with Management and Clients
Review Private Equity fund client’s partnership agreements, PPM’s and other materials
Participate in the implementation of fund structures onto the accounting system
Monitor compliance of various agreements with clients, including the Service Level Agreement
Train and support team members in their development
Operate as a contact point for clients; able to respond to and resolve queries or escalate where necessary
Act as a liaison with various internal /external parties – i.e. auditors, legal counsel
Assist in client audit procedures
Process wire transfer payments on behalf of clients
Prepare and analyze complex Excel spreadsheets
Education, Qualifications and Experience:
- Bachelor Degree in Accounting , Finance, Business related area and/or studying for a professional accounting qualification (ie. CA, CPA or ACCA or equivalent)
- Min 1-2 years of public / private real estate accounting work experience
- Knowledge of IFRS and / or USGAAP
- 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.
- 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/real estate fund administration experience
Key Competencies :
- Has the ability to work under pressure.
- Takes pride in accuracy and makes effort to improve.
- Demonstrates effective management of workload by prioritising and multi-tasking.
- Takes ownership of all tasks assigned and seeks support when needed to ensure deadlines are met; displays a sense of urgency and is deadline focused.
- Articulates thoughts & information using a concise, rational & professional approach in both written & verbal form.
- Is able to identify the appropriate method of communication to suit each situation and adapts personal style accordingly.
- Consistently delivers a timely response to all client queries with accurate and up to date information.
- Follows up on outstanding queries to ensure completion.
- Recognises issues, problems, or opportunities and determines whether action is needed.
- Establishes criteria and/or work procedures to achieve a high level of quality, productivity and service.
- Takes pride & a sense of achievement from successful teamwork.
We offer you
- A challenging and rewarding role in an award-winning global business.
- Opportunities for personal and professional career development.
- Great working environment and opportunities for educational support.
