Citco India | Supervisor - GL

Responsibilities

• The Supervisor is responsible for completing the daily tasks for the assigned entities and also for completing all the close activities during monthly, quarterly & yearly book close.
• This candidate will support one or two entities from US, Canada or Europe and work closely with the local Manager & onshore controller to ensure accurate and on time book close.
• Preparing & posting JE’s for accrual, prepaid, amortization, etc.
• Prepare Balance sheet reconciliations, bank reconciliations & ensuring compliance with Citco policies.
• Creating intercompany invoicing calculations & completing IC settlements.
• Support Audit requests for the responsible entities.
• Identify process improvement areas & build efficiencies in the process.
• Support the Legal entity controller in accounting related issues & complete adhoc tasks.
• Support/supervise the junior staff for their deliverables.
• Completing monthly book close activities for the assigned entities
• Perform Cash flow forecast

Requirements

• Excellent written, verbal and inter-personal communication skills
• Ability to work and interact with all levels of staff and management
• Ability to provide training/guidance to team members
• Knowledge of Microsoft Office with expert knowledge of Excel
• Working knowledge and experience with Oracle Fusion will be an advantage
• Willing to work in UK shifts (12 to 9 pm)

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)