Private Equity Fund Accounting Internship

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 in the completion of monthly/Quarterly Reporting Pack preparation.
• Assist in the maintenance of the general ledger and various sub-ledgers.
• Assist in managing cash and Portfolio Reconciliations.
• Assist in managing income and Expense Accruals.
• Assist in Capital Activity processing (calls/distributions/transfers).
• Assist in management Fee and Waterfall calculations.
• Assist in the preparation and review trial balances.
• Assist in Financial Statement preparation with footnotes.
• Assist in the management and monitoring of the timing and quality of client deliverables (SLAs).
• Assist in liaising with various internal/external parties e.g. auditors.
• Interact directly with senior management and clients with appropriate escalation.
• Assist in coordinating with Onboarding team, Tax group, Investor Relations group, Financial Statement group, and other groups at Citco.
• Assist in preparation and review of capital calls, distributions, and statements.
• Assist in the review of private equity fund clients limited partnership agreements, PPMs, and other materials.
• Assist in the implementation of fund structures on accounting system.
• Assist in the action on ad hoc reports and client requests as needed.
• Engage in local and global group projects.