Supervisor, Fund Accounting - Private Assets

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.

About You:

• You have 4+ years of fund accounting experience in either a Private Equity Fund, Private Equity Administrator, or other financial institution where the accountant has gained financial products knowledge.
• Experience in reviewing and preparing general ledgers and financial statements
• Strong leadership skills and supervisory experience of other professionals
• Strong project management skills with attention to detail and proven ability to multi-task
• Strong written and verbal communication skills
• Proficient with MS Excel and MS Word; experienced user of the Sun Gard Investran PE accounting platform highly is desirable
• Bachelor’s degree in Accounting, Finance or Economics (MBA or CPA designation a plus)

Your well-being is of paramount importance and central to our success here cooffers 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.

Your Role:

• You will maintain the general ledger and various sub-ledgers in Investran for complex fund structures.
• Maintain cash sources and uses
• Set up cash analysis, transfer requests and bill payments to be processed with Treasury
• Process investor capital calls and distributions including analysis, waterfalls, letters and ILPA filings
• Process Quarterly Net Asset Value preparation, which includes the preparation and review of:
• Valuation committee materials, Cash and portfolio reconciliations, Income and expense accruals, including management and placement fee calculations, Partner/Shareholder P&L Allocation calculations, Waterfall calculations; hypothetical and disaggregated, trial balances and work paper products
• Complete Financial Statements
• Complete Quarterly investor letter materials
• Complete Partner capital account statements
• Responsible for recurring filings
• Manage and monitor the timing and quality of client deliverables as part of a team
• Assist in training and support the growth of analysts
• Develop close professional relationships with client as primary point of contact
• Interact with senior management, clients and external auditors
• Coordinate with Tax group, Investor Relations group, Financial Statement group and other groups at Citco
• Provide technical accounting/industry knowledge to clients and team
• Review private equity fund clients’ partnership agreements, PPMs and other materials
• Responsible for the implementation of fund structures on accounting system, create appropriate files and build reports
• Complete ad hoc reports as needed