Apply on Employer Site

The Citco Group Limited · 1 day ago

Manager, Fund Accounting – Private Assets

Jersey City, NJ

Full-time

Onsite

Mid, Senior Level

$110K/yr - $172K/yr

3+ years exp

The Citco Group Limited is a leading provider in the asset servicing sector, known for its innovative approach and commitment to excellence. The Manager, Fund Accounting for Private Assets will oversee a team, manage client engagements, and ensure the accuracy of financial reporting and compliance for complex fund structures.

FinanceFinancial Services

Responsibilities

You will coach, develop and train staff

Manage client engagements

Maintain and control the general ledger and various sub-ledgers

Prepare and review financial statements, footnotes, and partner capital statements

Prepare and review limited partner and general partner allocations

Prepare and review trial balances and work paper product

Review capital activity that pertains to the funds including capital calls, distributions, rebalances and transfers

Prepare and review fee calculations including (but not limited to) management fees, admin fees, waterfall claw back, and carried interest calculations

Manage and monitor the timing and quality of client deliverables

Interact with senior management and manage overall relationships for multiple clients

Provide technical accounting/industry knowledge to clients

Establish plans for new client setup and transitions

Coordinate with Operations group, Financial Statement group, Tax group and Investor Relations group

Coordinate, manage and monitor external audit process

Review private equity fund client’s partnership agreements, PPMs and other materials

Implement fund structures on accounting system

Complete ad hoc reports as needed

Be involved in any other functions required as part of the business of the Company

Qualification

Fund accounting experienceUS GAAP knowledgeLeadership skillsWaterfall structures knowledgeExcel proficiencyProject management skillsSunGard Investran knowledgeCommunication skillsAttention to detailTeam management experience

Required

You have 2+ years' experience in managing a team of Fund Accountants, Senior Fund Accountants and Supervisors

3-5 years of fund accounting experience

Knowledge of US GAAP and other comprehensive basis of accounting

Knowledge of waterfall structures, modeling and calculations desirable

Experience in reviewing and preparing general ledgers and financial statements

Strong leadership skills and supervisory experience of other professionals

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

Bachelor's Degree in Accounting, Finance or Economics

Strong written and verbal communication skills

Working knowledge of Excel and Word is essential, experienced user of the SunGard 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