Fund Accountant Supervisor

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.

• Assist the account manager in the day to day administration of a portfolio of Global Business Companies.
• Performing the administration of and any services pursuant to administration agreements in respect of a portfolio of hedge funds.
• Calculating and reporting of funds’ NAV’s, liaising with clients in relation to trade issues and/or corporate action issues.
• Manage daily reconciliation of all cash and positions - both listed, unlisted and OTC to Custodian’s/Prime Brokers and Counterparty’s.
• Responsible for accurate verification of fee accruals in the accounting system in accordance with the PPM/agreed Fee Budget; preparation and monitoring expense budget analysis.
• Responsible for calculation of performance/incentive fees in the NAV and their respective payment.
• Analyzing changes in funds’ values in relation to broader market fluctuations.
• Assist in the execution of new business on-boarding tasks in conjunction with Account Manager.
• Liaising with Clients and or Auditors in respect of fund specific queries.
• Performing procedures to ensure funds are in compliance with legal and regulatory requirements.
• Computing income distributions and reportable yields.
• Assisting with the preparation of financial statements and audits as requested.
• Provide assistance to team members in execution of daily operational activities.
• Train, coach and mentor employees on the team to build team capabilities..
• Assist in the development and implementation of departmental procedures
• Strictly adhere to established departmental fund accounting processing procedures, controls and best practice documentation.
• Meet client, investor and regulatory reporting deliverables and deadlines.