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The Citco Group Limited · 21 hours ago

Vice President, Fund Accounting - Private Assets (Traditional PA)

Jersey City, NJ

Full-time

Onsite

Senior Level, Lead/Staff

$150K/yr - $225K/yr

8+ years exp

Citco is a leading provider of asset servicing solutions, known for its innovation and comprehensive services in the financial sector. The Vice President of Fund Accounting will lead a team to manage complex fund structures, ensuring compliance, operational efficiency, and maintaining strong client relationships.

FinanceFinancial Services

Hiring Manager

Amanda Radice

Responsibilities

Lead and manage a team of managers and staff, providing guidance and support

Execute strategic plans to archive business objectives

Oversee resource allocation and workflow to meet client SLAs

Ensure efficient and effective daily operations

Oversee periodical Net Asset Value calculations for the Private Equity Funds, including Financial Statement preparation, trial balance review and Partner/Shareholder Allocation calculations

Review the calculation of fund specific expenses, including admin fees, management fees, carried interest and other applicable fees

Review accounting work, capital events, other client deliverables, investor statements and reporting prepared by staff

Ensure documentation is compliant with internal and external/regulatory standards

Review private equity funds’ partnership agreements, PPMs and other materials

Ensure compliance with internal policies/procedures/best practices, external standards, and regulatory requirements

Maintain high standards of quality and accuracy in all aspects of operations

Liaise with Investor Relations, Waterfall, Tax, Financial Reporting and other Citco groups/teams globally

Act as a liaison with Clients on matters relating to Fund Accounting services, maintain overall client relationships

Ensure timely and accurate responses to client queries

Act as a liaison with external parties

Coordinate, manage and monitor external audit processes

Provide technical accounting/industry knowledge to clients

Collaborate with Client Integration team (including new client onboarding and conversions)

Collaborate with Relationship Managers to develop client service level agreements

Review operations processes for the Company’s Private Equity division

Participate in the recruitment and hiring process

Onboard new employees and ensure they are fully integrated into the team

Conduct regular meetings to communicate objectives, updates and expectations

Evaluate team performance, providing timely feedback and conducting performance reviews

Identify training needs, organize professional development plans for the team and coach them to success

Act as a liaison between the team and senior management

Facilitate effective communication within the department and other departments/groups

Forster a culture of continuous improvement and learning within the department

Participate in technology automation, procedure development, and other special projects/initiatives

Implementation of efficiency initiatives in a timely manner

Generate ad hoc reports as required

Qualification

Accounting degreePrivate Equity accountingWaterfall structures knowledgeLeadership experienceUS GAAP knowledgeMicrosoft Office proficiencyProject management skillsInterpersonal abilitiesWritten communication skillsVerbal communication skills

Required

You have a University degree in Accounting, Finance, Economics or professional accounting designation (CFA, CGA, CMA, CA, CPA)

You have 8+ years public/Private Equity accounting experience

Proven experience in leadership role, preferably as a Vice President or equivalent

Skilled in negotiation, business planning, margin analysis, rating agency relations and technical accounting

Strong knowledge of waterfall structures, modelling and calculations

Highly successful record of delivering large scale business/technology reengineering initiatives in the private equity, hedge funds and fund of funds businesses

Knowledge of US Generally Accepted Accounting Principles and other comprehensive basis of accounting

Experience in reviewing and preparing general ledgers and financial statements

Ability to lead and motivate a team

Project management skills with attention to detail and proven ability to multi-task

Excellent interpersonal abilities

Strong written and verbal communication skills

Proficient in Microsoft Office (Especially Excel and Word)

Preferred

Experienced user of the FIS Investran PE accounting platform highly desirable

Benefits

Medical, dental, and vision coverage

Short and long-term disability benefits

A retirement savings plan

Tuition reimbursement

Mental health and wellness support

Parental leave

Company

The Citco Group Limited

Our heritage, since founding a civil law notary practice in the 1940s to establishing the Curacao International Trust Company in the 1960s, is built on challenging paradigms and delivering exceptional service within the financial and professional services industry.

Founded in 1998

Grand Cayman, Midland, CYM

5001-10000 employees