Citco India | Fund Services.FR Accountant

Responsibilities

• Draft financial statement footnote disclosure as required by the financial reporting standards of the fund.
• Prepare financial highlight disclosures, including calculations of total returns, preparation of per share tables, expense ratio analysis, etc.
• Perform analysis of the financial statements to verify accuracy to accounting record.
• Maintain audit support schedules during the year.
• Contribute to strong regulatory reporting relationships through interactions with internal parties, client, regulators (SEC) and audit firm personnel.
• Participate in-group meetings to exchange status, data, etc.
• Respond to moderately complex inquiries.
• Develop training programs and agendas.
• Maintain effective contact/communication within members of the office and other CFS offices at various levels in the organization.
• Identify errors or problems and independently investigate; recommend solutions to team members.
• Compile and advise on monthly, quarterly and annual regulatory reports such as Form PF, Form SLT and others.

Requirements

• Ability to work overtime when necessary.
• Previous Financial Statement Preparation experience
• Working knowledge of Excel and Word essential

Citco

Founded in 1948 by A.A.G. Smeets, Citco first worked for private clients and multinational companies in the years after the Second World War, and launched its fund administration business in 1968. The group, whose parent company is The Citco Group Limited, has been majority independently owned since its start. It now serves alternative asset managers, asset owners, investors, banks and corporates with fund administration, middle office, banking, tax and regulatory, corporate secretarial and entity management services. In India, Citco has offices in Mumbai (Powai), Pune (Kharadi) and Hyderabad, where its Center of Excellence was launched in 2021 and moved into a permanent office in Knowledge City in 2023.

Citco's finance roles in India, in Hyderabad, Mumbai and Pune, centre on fund services: fund accountants for hedge funds, private equity and real assets (including property accounting), financial reporting accountants and team leads, operations and risk analysts, and supervisors up to vice president. It also hires for its own corporate finance, such as general ledger, accounts payable, payroll and finance systems support, as well as corporate secretarial work and CMA Inter internships. Postings usually ask for a degree in accounting, finance or economics, and several name CA, CPA, ACCA, ACA, CIMA, CMA or CFA, or study towards one.

• Industry: Asset servicing for the alternative investment industry: fund administration, middle office, banking, tax and corporate services
• Headquarters: The Citco Group Limited, a privately held group with offices worldwide
• In India: Citco Shared Services (India) Private Limited (Powai, Mumbai) and Citco Group Services (India) LLP (Kharadi, Pune, with a branch in Knowledge City, Hyderabad)