Fund Accountant

at  Citco

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.

• Responsible for the calculation and reporting of hedge funds’ clients NAV’s.
• Liaising with clients in relation to trade issues and/or corporate action issues.
• Manage daily reconciliation of cash and positions - both listed, unlisted and OTC to Custodian’s/Prime Brokers and Counterparty’s.
• Manage verification of fee accruals in the accounting system in accordance with the PPM and/or agreed Fee Budgets.
• Manage capital activity recording in the accounting system.
• Manage verification of profit and loss attribution on each NAV.
• Manage calculation of performance/incentive fees in the NAV and their respective payment.
• Manage analyzing changes in funds’ values in relation to broader market fluctuations.
• Responsible for accurate and timely completion of the NAV to the client and third parties in line with the Service Level Agreement and the funds legal documentation.
• Liaising with Clients and or Auditors in respect of fund specific queries.
• Review funds details/transactions to ensure compliance with legal and regulatory requirements.
• Computing income distributions and reportable yields.
• Provide assistance to team members in execution of daily operational activities.
• Assisting with the preparation of financial statements and audits as requested.
• Fulfill established departmental fund accounting processing procedures, controls and best practice documentation
• Meet client, investor and regulatory reporting deliverables and deadlines.