Manager, Fund Accounting – Hedge Funds

Job summary

The manager will oversee a team of accountants responsible for complex hedge fund structures, ensuring accurate NAV production and reporting. They will act as a primary liaison for clients and auditors while monitoring compliance with service level agreements.

Job details

About Citco Citco is a global leader in fund services, corporate governance and related asset services with staff across 50 office locations worldwide. With more than $1.8 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 [http://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 – Hedge Funds 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. RESPONSIBILITIES Your Role: * You will form part of a professional team responsible for a range of complex hedge funds and clients and manage a team of accountants, maintain client contacts plus interact with colleagues from other Citco offices. * Review Daily/Weekly P&L/NAV estimates * Review Monthly/Weekly NAV accounting work * Assist staff with their work whenever the need arises * Act as liaison with the client on matters relating to the preparation of the monthly reporting package. * Act as liaison with the auditors * Prepare responses to the client on any number of issues and queries which they are requesting from time to time * Review administrative/accounting procedures and recommend solutions in order to work towards a more efficient NAV production process * Monitor compliance of various SLA agreements with the client/other Citco Offices * Negotiate SLA with client/ other Citco Offices * Assist and support new fund setups, conversions and migrations * Support the conversion of all new clients * Ensure adherence to all internal and external audit standards * Ensure all control checklists are up to date and utilized * Work with other managers to ensure efficient allocation of staff and workflow * Keep Senior Management abreast of all material issues affecting the processing of deliverables * Assist with implementing training initiatives * Assist with other ad hoc report requests and operations metrics as required by management QUALIFICATIONS About You: * You have a Bachelor’s or Master’s level degree in a business/finance or related discipline or an accounting qualification. * 5+ years in financial services with an exposure to accounting experience of hedge/mutual funds or investment companies * 2-3 years’ supervisory/managerial experience * Solid understanding of accounting entries and allocations * Excellent written and verbal communication skills * Demonstrated financial reporting/analytical/organizational skills * Demonstrated leadership skills * Demonstrated ability to work in a changing, fast-paced work environment * Possess Product knowledge, Domestic, Global and OTC security markets, Fixed Income and derivative product knowledge * Strong customer relationship skills * Strong analytical skills * Exposure to systems implementations and work flow process initiatives * Strong Excel experience 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

What you’ll do

The manager will oversee a team of accountants responsible for complex hedge fund structures, ensuring accurate NAV production and reporting. They will act as a primary liaison for clients and auditors while monitoring compliance with service level agreements.

Requirements

Candidates must possess a bachelor's or master's degree in a finance-related field and at least 5 years of financial services experience, including 2-3 years in a supervisory role. Strong knowledge of accounting entries, security markets, and derivative products is required.

Benefits

• Training and education support
• Flexible working arrangements

Listed skills

• Financial Reporting · Preferred
• Leadership · Preferred
• Microsoft Excel · Preferred
• SLA Management · Preferred
• Communication Skills · Preferred
• Client Relationship Management · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Fund accounting
• Hedge funds
• NAV production
• Financial reporting
• Team management
• Client relationship management
• Audit compliance
• SLA management
• Fixed income
• Derivative products
• Excel
• Analytical skills
• Leadership
• Communication skills
• Workflow process improvement
• Ad Hoc Reporting
• Product Knowledge
• Profit And Loss (P&L) Management
• Workflow Management
• Organizational Skills
• Technology Solutions
• Analytical Skills
• Accounting
• Auditing
• Corporate Finance
• Management
• Investments
• Checklists
• Corporate Governance
• External Auditing
• Financial Services
• Financial Statements
• Fixed Income
• Fund Accounting
• Fund Administration
• Hedge Funds
• Innovation
• Internal Auditing
• Operations
• Production Process
• Verbal Communication Skills
• Derivatives
• Balancing (Ledger/Billing)
• System Implementation

Job areas

• Finance & Accounting
• Management & Leadership
• Administrative
• Hedge Fund Accountant
• Accounting Manager
• Accountants
• Financial Managers

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