Senior Fund Accountant

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.

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. Responsibilities

Your Role

• You will assist the account manager in the day-to-day administration of a portfolio of Global Business Companies.
• Perform the administration of and any services pursuant to administration agreements in respect of a portfolio of hedge funds
• Calculate and report funds’ NAV’s and liaise with clients in relation to trade issues and/or corporate action issues
• Take care of daily reconciliation of all cash and positions - both listed, unlisted and OTC to Custodian's/Prime Brokers and Counterparties
• Accurate verification of fee accruals in the accounting system in accordance with the PPM/agreed Fee Budget; preparation and monitoring of expense budget analysis
• Complete calculation of performance/incentive fees in the NAV and their respective payment
• Analyze changes in funds’ values in relation to broader market fluctuations
• Achieve a go-to senior technical and subject matter expert within the team who handles complex specific fund requirements that can be channeled into a team learning and development loop
• Assist in the execution of new business on-boarding tasks in conjunction with Account Manager
• Liaise with clients and or auditors in respect of fund specific queries
• Perform procedures to ensure funds are in compliance with legal and regulatory requirements
• Compute income distributions and reportable yields
• Assist 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

Qualifications

About You

• You have 2 years+ experience within Fund Accounting or Audit of Investment Funds.
• Degree qualified in finance/accounting/business
• Qualified or partly qualified ACCA/ACA/CFA desirable
• Good communication skills and the ability to work in a team
• Fluency in written and spoken English is essential
• Able to work in a team and work under pressure

Other Information About the Role

Company: Citco Fund Services (Cayman Islands) Limited Working Hours: 40 hours per week Benefits: Health Insurance and Pension (as per Labor Law), Life Insurance, PTO, Education and Study Assistance and Support 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. Citco is an Equal Opportunity Employer. It is our policy to make all employment and personnel decisions without discriminating on the basis of race, color, creed, religion, sex, physical disability, mental disability, age, marital status, sexual orientation, citizenship status, national or ethnic origin, and any other protected status. NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties to meet the ongoing needs of the organization. For any questions about the role, please send an email to HRGroup-CAY@citco.com.