Citco India | Manager - GL Accounting

Responsibilities

• Oversee and manage the day to day accounting activities of the Finance team, typically 5-6 legal entities.
• Accountable for the month end process and ensuring all deliverables and reporting requirements are met.
• Manage the annual tax processes and ensure compliance to regulatory requirements.
• Responsible for both internal and external audits.
• Maintain a healthy cash flow for all legal entities under your remit.
• Engage with other Finance functions to ensure seamless flow of information between teams.
• Liaise with Tax and Legal to maintain legal documentation, e.
• Responsible for managing the relationship between the shared service center and local offices to ensure maintenance of monthly reporting and corporate processes and procedures.
• Implement new processes and procedures and ensure adherence with group policies.
• Develop strong relationships with the key stakeholders.
• Mentor and develop the finance team members.
• Review of month end commentaries

Requirements

• Proficient in Microsoft Office with good use and knowledge of Excel
• Working knowledge and experience with Oracle Fusion is an advantage
• Experience working and providing services to entities overseas, including North America and Europe

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)