Citco Canada | Senior Fund Accountant (Waterfall Specialization)

Responsibilities

• The Waterfall Specialist will be responsible for the onboarding of new and existing clients to Citco Waterfall, Citco’s proprietary waterfall calculation engine, and supporting the application as enhancements and development are required.
• Additionally, the Waterfall Specialist will serve as a primary point of contact for Citco’s global client base in regards to industry standards, best practices, and carried interest calculation methodologies.
• This Specialist will serve as a Subject Management Expert and demonstrates leadership skills in coaching, motivating team members and dealing with clients and counterparts in other groups.
• Function as a Subject Matter Expert in relation to all aspects of distribution waterfall calculations across multiple investment strategies and structures
• Support Citco’s global Fund Accounting teams in relation to hypothetical and realized waterfall calculations, as well as audit support and ad-hoc requests.
• Work with Citco’s dedicated development staff to provide business requirements and support in relation to modifications and enhancements to Citco Waterfall.
• Coordinate with all relevant teams to ensure internal workflows will meet client needs and regulatory controls.
• Coordinate with both internal and external stakeholders to ensure all necessary data is captured and migrated for client reporting and calculation models.
• Contribute to on-going discussions on operational process and best practices; document and implement process improvements.
• Maintain a pro-active customer focus at all times.
• Seeking a Senior Fund Accountant (Waterfall Specialization) to join the PE/RE Waterfall and Onboarding Team.

Requirements

• Knowledge of US/Canadian GAAP and other comprehensive basis of accounting
• Experience in reviewing and preparing waterfall calculations
• Strong written and verbal communication skills
• Working knowledge of Excel and Word essential, experienced user of the SunGard Investran PE accounting platform highly desirable.

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.

• 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