Vice President, Fund Accounting - Assets

Position: Vice President, Fund Accounting - Real Assets
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.
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.
Responsibilities  Your Role:
The Vice President is responsible for ensuring that real asset funds and real asset fund managers are provided with accurate and timely accounting services. In addition, the Vice President shall manage client relationships in line with client Service Level Agreements, Citco procedures and applicable accounting standards, while also maintaining a focus on training and development of staff, work flow processes and improvements.
Accounting:
Review Quarterly/Monthly reports and working papers, which include:
Cash and Position Reconciliations
Expense Accruals
Agree Dividends and Interest Accruals if applicable
Review all capital activity pertaining to the funds (Capital Call and Distribution processing)
Review Limited Partner and General partners/Shareholder Allocation; calculations/schedules – includes review of Admin/Management fees/Waterfall/Clawback calculations
Trial balances and related working papers
Financial statements, footnotes and Partner Capital Statements
Operations:
Overall responsibility for client relationships, inquiries and meetings
Interact with Senior Management and clients
Review procedures and recommend solutions in order to improve efficiencies
Ensure adherence to all internal and external audit standards
Coordinate, manage and monitor external audit process
Liaise with clients and assist them on accounting and administrative issues and relevant developments
Provide technical accounting/industry knowledge to clients
Review client partnership agreements, PPM’s and other materials
Implementation of fund structures onto accounting system
Preparation of client service plans including annual budget
Liaising with property management companies
Team Management:
Review the work of team members and provide feedback for improvement in order to guarantee timely delivery and quality of work
Monitor and track team performance and profitability in order to meet the client service level agreements and achieve financial targets
Plan resources in line with business demands, participate in the recruitment and selection process, lead, coach, develop and appraise employees within the team
Establish plan for new client setup and transitions
Keep Senior Management abreast of all material issues affecting the processing of deliverables
Ad Hoc Reports requests and operations metrics as required by management
Implement training initiatives
Qualifications

About You:

You have a Bachelor or Master level degree (in accounting, finance, economics).
7+ years public/private accounting experience
5+ years real estate and/or private equity experience
Knowledge and experience in GAAP and IFRS required

Experience with fair value reporting for real estate investments and debt obligations
Knowledge of Real Estate and Private Equity Fund Accounting
Strong leadership skills and supervisory experience of other professionals
Strong written and verbal communication skills
Knowledge of REIT structures and testing
Experience in Performance Reporting – NCREIF and GIPS(AIMR)
Project management skills with attention to detail and proven ability to multi-task
Knowledge and experience in real estate/private equity accounting systems (Yardi, MRI, Investran, etc.) is preferred
Well-being and 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.
Diversity & Inclusion:
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.

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