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 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.
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 Private Assets 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:
- You will primarily prepare capital events for the Private Assets Funds, including capital calls and distributions
- Execute Waterfall calculations
- Prepare Investor Capital Event Notices and other Investor Reporting
- Execute the financial control elements covering assets, liabilities, income and expenses and equity
- Monitor compliance with various client service level agreements, including manage and monitor the timing and quality of client deliverables
- Review funds’ partnership agreements, PPMs and other materials
- Independently complete cash, portfolio and capital reconciliations as needed and investigate and resolve any discrepancies
- Provide support monthly or quarterly net asset value preparation as needed, which includes Cash and Portfolio Reconciliations preparation
- Assist with additional Fund Accounting tasks during peak periods
- Assist with new client onboarding and new fund launches to successful completion
- Participate in the fiscal year end audit process and provide information to auditors as required
- Liaise with internal and external parties to ensure that client needs are met
- Implementation of efficiency initiatives in a timely manner
- Generate ad hoc reports as required
About You:
- You have a Bachelor’s Degree in Accounting, Finance or Economics.
- 2 - 3 years of fund accounting experience in either a Private Equity/Assets Fund, Private Equity/Assets Administrator or other financial institution where the accountant has gained financial products knowledge
- Experience in reviewing and preparing general ledgers and financial statements
- Attention to detail and proven ability to multi-task
- Strong written and verbal communication skills
- Proficient in Microsoft Office (Especially Excel and Word), experienced user of the FIS Investran PE accounting platform highly desirable
Salary Range: CAD $68,000-$86,000
- This position is for an existing vacancy
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. Ask us about specific benefits in your location.
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.
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, Finance or Economics
- 2 - 3 years of fund accounting experience in Private Equity/Assets
- Experience in reviewing and preparing general ledgers and financial statements
- Proficient in Microsoft Office, especially Excel and Word
- Experience with FIS Investran PE accounting platform
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.
