Senior Fund Accountant

Fund Accounting Grand Cayman, Cayman Islands


Description

Senior Fund Accountant

Grand Cayman, Cayman Islands

 

About Citco

Citco is a global leader in fund services, corporate governance and related asset services with staff across 80 offices worldwide. With more than $1 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

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 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.

Your Role:

  • You will assist the account manager in the day to day administration of a portfolio of Global Business Companies
  • You will be performing the administration of and any services pursuant to administration agreements in respect of a portfolio of hedge funds
  • You will be calculating and reporting of funds’ NAV’s, liaising with clients in relation to trade issues and/or corporate action issues
  • You will take care of daily reconciliation of all cash & positions - both listed, unlisted and OTC to Custodian's/Prime Brokers and Counterparty's
  • You will have accurate verification of fee accruals in the accounting system in accordance with the PPM/agreed Fee Budget; preparation and monitoring expense budget analysis
  • You will complete calculation of performance/incentive fees in the NAV and their respective payment
  • You will be analysing changes in funds’ values in relation to broader market fluctuations
  • You will achieve a go-to senior technical and subject matter expert within the team who handles complex specific fund requirements that can be channelled into a team learning and development loop
  • You will assist in the execution of new business on-boarding tasks in conjunction with Account Manager
  • You will be liaising with Clients and or Auditors in respect of fund specific queries
  • You will be performing procedures to ensure funds are in compliance with legal and regulatory requirements
  • You will be computing income distributions and reportable yields
  • You will be assisting with the preparation of financial statements and audits as requested
  • You will provide assistance to team members in execution of daily operational activities
  • You will train, coach and mentor employees on the team to build team capabilities
  • You will assist in the development and implementation of departmental procedures
  • You will strictly adhere to established departmental fund accounting processing procedures, controls and best practice documentation
  • You will meet client, investor and regulatory reporting deliverables and deadlines

About You:

  • You are 2 years+ experience within Fund Accounting or Audit of Investment Funds
  • You have a degree qualified in finance/accounting/business
  • You are qualified or part qualified ACCA/ACA/CFA desirable
  • You are a good communication skills and the ability to work in a team
  • You have fluency in written and spoken English is essential
  • You are able to work in a team and ability to work under pressure

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 recognize diversity as a source of organizational pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the people we hire, and the culture we create in our organization.

Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.