Senior Fund Accountant, Fund of Funds

Job summary

The role involves preparing valuation reporting and determining Net Asset Value for a portfolio of funds. Key duties include performing reconciliations, calculating fees, and managing client queries and audit processes.

Job details

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: Prepare daily/weekly/monthly valuation reporting for a portfolio of funds, including the determination of Net Asset Value and preparation of supporting financial statements. Independently complete and review cash, portfolio and capital reconciliations, and investigate and resolve any discrepancies and validate exceptions Analyze portfolio pricing to ensure consistency and reasonability of performance reporting Independently complete income and expense allocations including calculating asset based and performance fees Apply technical proficiency to support Fund Accountants in their tasks by troubleshooting issues in the valuation process and problem-solving as needed Operate as a contact point for clients; be able to respond to and resolve queries or escalate where necessary Assist the team supervisor with coordinating deliverables and completing a first level review of reporting deliverables Monitor compliance with various client service agreements Assist with new client on-boarding and new fund launches inclusive of review of fund documents to verify and validate operating terms, fees and compliance requirements Participate in the fiscal year end audit process and provide information to auditors as required Assist with ad hoc projects Qualifications About You: You have a University degree in accounting, finance, economics or professional accounting designation (CFA, CGA, CMA, CA, CPA). Experience working in the financial industry or public accounting for at least 2 years and an understanding of investment strategies and financials products Excellent verbal and written communication skills and client service experience Proven ability to work in a challenging, professional, and fast-paced work environment Salary Range: CAD 62,000 - CAD 82,000 - This posting is for an existing vacancy.

What you’ll do

The role involves preparing valuation reporting and determining Net Asset Value for a portfolio of funds. Key duties include performing reconciliations, calculating fees, and managing client queries and audit processes.

Requirements

Candidates must have a university degree in accounting, finance, or economics, or a professional accounting designation. At least 2 years of experience in the financial industry or public accounting is required.

Listed skills

• Problem solving · Preferred
• Financial Reporting · Preferred
• Portfolio Reconciliation · Preferred
• Communication Skills · Preferred
• Client Relationship Management · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Net Asset Value Calculation
• Financial Statement Preparation
• Portfolio Reconciliation
• Cash Reconciliation
• Capital Reconciliation
• Portfolio Pricing Analysis
• Income and Expense Allocation
• Performance Fee Calculation
• Client Relationship Management
• Audit Coordination
• Client On-boarding
• Compliance Monitoring
• Financial Reporting
• Problem Solving
• Communication Skills

Job areas

• Finance & Accounting