Job Description

The Vice President Fund Accounting is responsible for ensuring that private credit funds and their general partners/fund managers are provided with accurate and timely accounting services. In addition, the Vice President shall manage client relationships in line with the service level agreements, Citco procedures and best practices, applicable accounting standards while maintaining focus on training and development of staff as well as process improvements.

Client Service:

• Act as a liaison with Clients on matters relating to Fund Accounting services
• Act as a liaison with external parties
• Collaborate with Client Integration team (including new client onboarding and conversions)
• Collaborate with Client Service Team to develop client service level agreements
• Coordinate, manage and monitor external audit processes
• Ensure timely and accurate responses to client queries
• Oversee resource allocation and workflow to meet client SLAs
• Provide technical accounting/industry knowledge to clients

Operations:

• Ensure compliance with internal policies/procedures/best practices, external standards, and regulatory requirements
• Ensure documentation is compliant with internal and external/regulatory standards
• Ensure efficient and effective daily operations
• Execute strategic plans to archive business objectives
• Generate ad hoc reports as required
• Implementation of efficiency initiatives in a timely manner
• Liaise with Investor Relations, Waterfall, Tax, Financial Reporting and other Citco groups/teams globally
• Maintain high standards of quality and accuracy in all aspects of operations
• Oversee periodical Net Asset Value calculations for the Private Equity Funds, including Financial Statement preparation, trial balance review and Partner/Shareholder Allocation calculations.
• Participate in technology automation, procedure development, and other special projects/initiatives
• Review accounting work, capital events, other client deliverables, investor statements and reporting prepared by staff
• Review operations processes for the Company’s Private Equity division
• Review private equity funds’ partnership agreements, PPMs and other materials
• Review the calculation of fund specific expenses, including admin fees, management fees, carried interest and other applicable fees

Team Management:

• Act as a liaison between the team and senior management
• Conduct regular meetings to communicate objectives, updates and expectations
• Evaluate team performance, providing timely feedback and conducting performance reviews
• Facilitate effective communication within the department and other departments/groups
• Forster a culture of continuous improvement and learning within the department
• Identify training needs, organize professional development plans for the team and coach them to success
• Lead and manage a team of managers and staff, providing guidance and support
• Onboard new employees and ensure they are fully integrated into the team
• Participate in the recruitment and hiring process

About You:

• Bachelor or Master Degree in Accounting, Finance, Business related area and/or studying for a professional accounting qualification (ie. CA, CPA or ACCA or equivalent)
• With 8+ years’ experience in fund administration, accounting or audit with strong experience in private credit
• Strong knowledge of waterfall structures, modelling and calculations
• Highly successful record of delivering large scale business/technology reengineering initiatives in the private equity, hedge funds and fund of funds businesses
• Knowledge of US Generally Accepted Accounting Principles and IFRS
• Experience in reviewing and preparing general ledgers and financial statements
• Ability to lead and motivate a team
• Project management skills with attention to detail and proven ability to multi-task
• Excellent interpersonal abilities
• Strong written and verbal communication skills
• Proficient in Microsoft applications, including Excel and Copilot
• Proficient in Investran is highly desirable (or other similar private equity systems , e.g. eFront)
• Proficient in spoken and written Mandarin is highly desirable (but not a necessity)