About Citco
Citco is a global leader in fund services, corporate governance and related asset services with staff across 80 offices worldwide. With more than $1 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 www.citco.com
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.
As a core member of our Fund Accounting - Real Estate team, you will be working with some of the industry’s most accomplished professionals to deliver award-winning services for complex fund structures that our clients can depend upon.
ResponsibilitiesYour Role:
- Maintaining books and records; which are related to Fund level or SPV level Invoice & Cash bookings
Maintain and control the general ledger and various sub - ledgers
Process standard and complex bookkeeping entries
Involved within a full scope of transaction activities including full cycle accounting
- Participate in the implementation of fund structures into the accounting system
- Maintaining the cash trackers for various bank accounts of Funds/SPVs
- Setting up Payments into various bank portals and follow up
- Accountable for All Citco fund level Payments being the first point of contact by prioritizing the emails received in mail boxes
- Maintenance of Vendor masters and related supporting and approvals
- Processing payments and other transactions;
- Acting as a day-to-day contact with on-shore stakeholders;
- Participating in projects that may be defined from time to time in connection with the continuing expansion and evolution of the business;
- Identifying and escalating any material issues effecting service delivery to the Supervisor;
- Any other functions required as part of the business of the Company, and reporting to the Supervisor
About You:
- Bachelor Degree in Accounting, Finance or ACCA equivalent or studying for a professional accounting qualification (i.e. CA, CPA or equivalent.
- Minimum of 1 – 3 years’ experience in accounting for the financial services sector, particularly Private Equity, Asset Management or Fund Administration.
- Knowledge of IFRS and / or USGAAP
- Experienced in reviewing and preparing general ledger.
- Established knowledge in relation to accounting
- Strong operations experience with focus on processes and controls
- 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).
Preference would be given for Private equity/real estate fund administration experienced
Our Benefits
Your wellbeing 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 recognize diversity as a source of organizational pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the people we hire, and the culture we create in our organization.
Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.
Skills Required
- Bachelor's degree in Accounting or Finance, or ACCA equivalent; alternatively studying toward CA, CPA, or equivalent professional qualification
- Minimum 1–3 years of accounting experience in financial services, private equity, asset management, or fund administration
- Knowledge of IFRS and/or US GAAP
- Experience reviewing and preparing general ledgers
- Established accounting knowledge
- Strong operations experience with a focus on processes and controls
- Excellent verbal and written English communication skills
- Sound judgment, problem-solving, and analytical skills
- Proficiency with Microsoft Excel, Word, PowerPoint, and related applications
- Experience using enterprise accounting systems
- Private equity or real estate fund administration experience
What We Do
Our heritage, since founding a civil law notary practice in the 1940s to establishing the Curacao International Trust Company in the 1960s, is built on challenging paradigms and delivering exceptional service within the financial and professional services industry. Today, we continue to pioneer award-winning services and technology solutions that meet ever changing markets. A commitment to investing in people, and proprietary technologies, has resulted in our reputation as the industry’s preeminent service provider, reassuring clients that their critical administration functions are in safe hands. Our thought leadership and ability to quickly navigate complex change means our clients can depend on us as trusted advisors to make informed decisions in response to market conditions. Our Divisions Citco Fund Services & Investor Relations CFS is the global leader in services for the alternative investment industry. With over 2,000 funds under administration and net assets exceeding $840 billion, we provide full service fund administration, fund accounting, net asset value calculations, investor relations, and more. Governance Services Leveraging our extensive global office network Citco Governance Services provides customised solutions, including corporate and global subsidiary governance, secretarial services, financial accounting and reporting, tax and audit liaison, and market entry services. Banking, Depositary & Custody Services Citco Banks operate in strategic financial centres and provide Institutional and Fund of Funds clients access to the funds universe through multiple communication and online real-time global funds platforms. Citco Technology Management Through our eight global development centres, Citco Technology Management provides secure infrastructures and develops award-winning technology products that underpin our commitment to service excellence.
