Citco India | Supervisor - Hedge Fund Accounting

Responsibilities

• Performing the administration of and any services pursuant to administration agreements in respect of a portfolio of hedge funds.
• Preparation of Net Asset Value calculations, financial statements and associated reports for larger, complex clients, or as required, within deadlines.
• Analysis of fund performance and prepare performance/P and L related reports.
• Assisting Assistant Vice President in supervising staff within an “Account”, reviewing work performed by staff in the Account.
• Assisting Assistant Vice President in meeting client expectations by monitoring timely delivery of daily, weekly and monthly deliverables.
• Monitoring progress of (Senior)/Fund Accountants to identify areas for additional training and development.
• Building relationships and working closely with investor relations group and liaising with other departments within Citco as required.
• Assisting Assistant Vice President to coordinate the Year End process with respect to audit timelines, Financial Statement Preparation, Regulatory filings, Tax services etc.
• Assist the Assistant Vice President where required and become involved in special projects as needed (Eg conversions etc.).
• Escalating all material issues effecting the NAV production process to the Assistant Vice President in a timely manner
• Training and Coaching staff
• Meeting expectations of clients and fund participants, adhering to deadlines
• Positioning one-self to be the first escalation point for internal queries

Requirements

• Working closely with the (Senior)/Fund Accountants to manage timelines, workflows and deliverables within agreed SLA’s.
• Advanced knowledge of Microsoft Applications (Word, Excel 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)