Citco US | Senior Fund Accountant, Fund Accounting – Hedge Funds

Responsibilities

• Your base salary will be determined by several factors such as the role, experience, skillset, market conditions, etc.
• You will form part of a professional team responsible for maintaining the books and records of the funds and preparing fund financial reports and investor allocations.
• Work to global procedures and internal best practices.
• Assist and work with a small team of Fund Accountants and local management to service our clients who consist of investment managers and institutional investors within those Hedge Funds.
• Perform valuation of hedge fund portfolio holdings.
• Provide analysis of fund performance and prepare performance/P&L related reports.
• Investigate, communicate and resolve valuation/P&L related issues with hedge fund clients.
• Perform price verification and prepare sign-off packages.
• Monitor compliance with various client service agreements.
• Oversight and preparation of complex ‘Net Asset Value’ calculations and investor P&L allocations in accordance with Service level agreements and internal controls.
• Monitor and bookkeep the activity in the Fund, covering corporate actions, income and expenses, fees, capital transfers and performance fees.
• Monitor compliance of various agreements with the clients.
• Work with all team members to improve product quality and consistency.
• Lead migrations and new fund launches to successful completion.
• Train and support team members in their development.
• Maintain detailed knowledge of investment process and products to effectively respond to Investment Manager queries.
• Act as liaison with various internal/external parties – e.g., Auditors, Brokers, Legal Counsel and Investment Manager.
• Keep and maintain financial records (balance sheet, general ledger entries and profit & loss statement) including accrual reconciliations versus external sources, review cash, trade, position and dividend reconciliations from other internal departments
• Operate as a contact point for clients; able to respond to and resolve queries or escalate where necessary
• Assist with ad hoc projects

Requirements

• Experience at hedge/mutual funds or investment companies
• Understanding of investment strategies and financial products (including derivatives)
• Excellent written and verbal communication skills
• Demonstrated financial reporting, analytical and organizational skills
• Strong Office and Outlook skill set (especially Excel)
• Proven ability to work in a challenging and professional work environment

Citco US

Citco US is an employer hiring in India (sector: BFSI / Investments / Insurance). In its own words: "At Citco, we don't just provide bespoke solutions and better results."

Its finance, accounts, audit and tax openings in India are mostly in Dallas, Jersey City, Pa and Malvern.

• Industry: BFSI / Investments / Insurance