Citco India | Vice President - Hedge Fund Accounting

Responsibilities

• Primary point of contact and escalation for KPIs and KRIs on the client deliverables of the team
• Performing the administration of and any services pursuant to administration agreements in respect of a portfolio of hedge fund clients.
• Review and sign-off of Net Asset Value calculations, financial statements and associated reports.
• Reviewing/Authorizing payments and other transactions.
• Coordination and oversight for all facets of COE pipeline – includes New Business, migrations, organic changes including liquidations and resignations.
• Identify Employee/Training needs to efficiently manage pipeline; monitor requirements against actual while proactively engaging stakeholders to facilitate hiring and training requirements.
• Work closely with COE and LO stakeholders to maximize client profitability; monitor and report on COE and LO resource management at client, individual and location level for Senior Management action.
• Review and action on Operational MIS Reporting – reporting on Fund Operational Metrics, adherence to risk and best practice guidelines, turnover, productivity/efficiencies to name a few.
• Develop and maintain strong relationships across CFS to effectively facilitate CFS COE FA strategies and goals.
• Address and/or escalate all material issues affecting the NAV production process or client relationship in general to Senior Vice President in a detailed and timely manner
• Acting as the senior representative, co-ordinate strategic and operational initiatives between COE FA Management/SDG/Global project teams and the Local Project Coordinators (LPCs) within each locations to achieve successful execution
• Managing and/or leading employees for 5-7 years

Requirements

• Excellent analytical, problem solving skills with high degree of attention to detail
• Strong interpersonal and communication skills
• Proficient in Microsoft Applications (Word, Excel, PowerPoint etc.)

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)