Citco India | Fund Services.FR Team Lead

Responsibilities

• Lead assigned engagements including planning, budgeting, client relationship management and delegating to staff.
• Monitor and report out-of-scope time.
• Ensure accuracy of footnote disclosures in accordance with accounting, reporting, and regulatory standards.
• Review legal documents governing the fund to ensure appropriate financial statement disclosure structure.
• Present to or exchange information internally, with clients and outside auditors.
• Coordinate year-end financial statement process.
• Contribute to identifying, researching, and communicating recent authoritative pronouncements to CFS offices globally.
• Identify errors or problems and independently investigate; recommend solutions to team members or managers.
• Prepare adhoc reports for the client upon request.
• Assist manager in preparing Request for Proposals for prospective clients.
• Provide guidance to team members to motivate and help strengthen specific knowledge areas needed to accomplish team goals.
• Writing and/or reviewing various reports related to engagements.
• Attend meetings and training to enhance knowledge to be passed down to the Financial Reporting Staff and Senior Accountants.

Requirements

• Previous Financial Statement review and/or preparation experience
• Strong knowledge of U.S.
• Advanced knowledge in complex derivatives
• Ability to travel as necessary
• Good communication and writing skills
• Proficient in Microsoft Office products such as Excel and Word
• Proficient in navigating Bloomberg

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)