Fund Accountant, Private Assets

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. 

For more information about Citco, please visit  

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 Private Assets 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 prepare periodical Net Asset Value calculations for the Private Equity Funds, including Financial Statement preparation, trial balance review and Partner/Shareholder Allocation calculations.
• Execute the financial control elements covering assets, liabilities, income and expenses and equity
• Independently complete cash, portfolio, and capital reconciliations and investigate and resolve any discrepancies
• Independently prepare and reconcile income and expense accruals, including calculating admin fees, management fees and carried interest
• Prepare capital events for Private Equity Funds
• Prepare Investor Capital Account Statements and Reporting
• Maintain contact with Clients, Banks, Custodians and Brokers
• Monitor compliance with various client service level agreements, including manage and monitor the timing and quality of client deliverables
• Review client funds' partnership agreements, PPMs and other materials
• Assist with new client on boarding and new fund launches to successful completion
• Help coordinate, manage and monitor external audit processes
• Liaise with internal and external parties to ensure that client needs are met
• Implementation of efficiency initiatives in a timely manner
• Generate ad hoc reports as required

About You:

• You have a University degree in Accounting, Finance, Economics or professional accounting designation (CFA, CGA, CMA, CA, CPA).
• Excellent verbal and written communication skills
• Proficient in Microsoft Office (especially Excel) and Outlook
• Proven ability to work in a challenging, professional and fast-paced work environment
• Experience working in the financial industry or public accounting is an advantage

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 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.