Job Opportunity: Fund Accounting Specialist
Responsibilities:
1. Assist the account manager in the day-to-day administration of a portfolio of global investment firms.
2. Perform administrative tasks related to fund accounting and services pursuant to administration agreements.
3. Calculate and report funds' net asset values, liaise with clients regarding trade issues and corporate actions.
4. Manage daily reconciliation of cash and positions with custodians and counterparty institutions.
5. Verify fee accruals in the accounting system according to the private placement memorandum (PPM) and agreed-upon fee budget.
6. Prepare and monitor expense budget analysis.
7. Calculate performance and incentive fees in the net asset value and their respective payments.
8. Analyze changes in funds' values relative to broader market fluctuations.
9. Assist in executing new business onboarding tasks alongside the account manager.
10. Liaise with clients and auditors regarding fund-specific queries.
11. Ensure compliance with legal and regulatory requirements through procedural checks.
12. Assist in preparing financial statements and audits as requested.
13. Provide assistance to team members in executing daily operational activities.
14. Train, coach, and mentor employees to build team capabilities.
15. Contribute to the development and implementation of departmental procedures.
16. Maintain adherence to established departmental fund accounting processing procedures and best practices.
17. Meet client, investor, and regulatory reporting deadlines.
Requirements:
* Hold a degree in finance, accounting, or business.
* Possess at least 4 years of experience in fund accounting or audit of investment funds.
* Be qualified or part-qualified in ACCA/ACA/CFA (desirable).
* Exhibit strong communication skills and ability to work effectively in a team environment.
* Ability to work under pressure and meet deadlines.
Benefits:
Your well-being is a top priority for us. We offer a range of benefits, training opportunities, and flexible working arrangements to support your career growth while maintaining a healthy work-life balance.
We value diversity and strive to create an inclusive culture that fosters innovation and mutual respect. If you're from a diverse background, we encourage you to apply. Citco offers accommodations for candidates with disabilities during all aspects of the selection process.