About Citco
Citco is a global leader in fund services, corporate governance and related asset services with staff across 80 offices worldwide. With more than $1 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs.
For more information about Citco, please visit www.citco.com
About the Team & Business Line:
Fund Administration is Citco’s core business, and our alternative asset and accounting service is one of the industry’s most respected. Our continuous investment in learning and technology solutions means our people are equipped to deliver seamless client experience.
As a core member of our Fund Accounting - Real Estate team, you will be working with some of the industry’s most accomplished professionals to deliver award-winning services for complex fund structures that our clients can depend upon.
Your Role:
You will be responsible for the full scope of fund accounting activities, including:
Accounting & Reporting
Maintain and control the general ledger and various sub-ledgers
Process standard and complex bookkeeping entries
Prepare trial balances and work paper products
Prepare financial statements, footnotes, partner capital statements, and LP/GP allocations
Prepare and analyse complex Excel spreadsheets and financial data
Specialist with accounting granularities including consolidation process for complex fund structures.
Strong knowledge of Luxembourgish fund vehicles including UK REITs
Proficient with GAAP knowledge (IFRS, LUX GAAP and conversions) and be able to produce technical accounting memos when required.
Client & Fund Management
Review real estate fund clients' partnership agreements, PPMs, and other fund materials
Participate in the implementation of fund structures onto the accounting system
Monitor compliance with client agreements, including Service Level Agreements
Monitor the timing and quality of client deliverables
Process wire transfer payments on behalf of clients
Liaise with property management companies and internal/external parties, including auditors and legal counsel
Assist in client audit procedures
Stakeholder Engagement
Serve as a primary contact point for clients, responding to and resolving queries or escalating where necessary
Uphold client centricity in close coordination with client service leads and across functions
Interact with management and clients on reporting and operational matters
Train and support team members in their development
About You:
Qualifications & Experience
Degree in Business, Finance, or a related field
Designated accountant or working towards ACA, ACCA, CIMA, or CPA
10+ years of public/private real estate accounting experience
Experienced in preparing and reviewing general ledgers and financial statements
Knowledge of IFRS and US GAAP
Technical Skills
Advanced MS Excel; proficient in MS Word and PowerPoint
Strong knowledge of Yardi, Investran, eFront
Additional Assets
Experience in Limited Partnership accounting
Background in private equity/real estate fund administration
Familiarity with tax-efficient European structures, related investment vehicles, and regulatory requirements
Personal Attributes
Excellent verbal and written communication skills in English
Motivated, diligent, and deadline-driven
Strong team player with the ability to manage individual responsibilities
Sound judgment with strong problem-solving and analytical skills
Our Benefits
Your wellbeing is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.
We embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.
Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates to take part in all aspects of the selection.
Our heritage, since founding a civil law notary practice in the 1940s to establishing the Curacao International Trust Company in the 1960s, is built on challenging paradigms and delivering exceptional service within the financial and professional services industry. Today, we continue to pioneer award-winning services and technology solutions that meet ever changing markets.
A commitment to investing in people, and proprietary technologies, has resulted in our reputation as the industry’s preeminent service provider, reassuring clients that their critical administration functions are in safe hands.
Our thought leadership and ability to quickly navigate complex change means our clients can depend on us as trusted advisors to make informed decisions in response to market conditions.
Our Divisions
Citco Fund Services & Investor Relations
CFS is the global leader in services for the alternative investment industry. With over 2,000 funds under administration and net assets exceeding $840 billion, we provide full service fund administration, fund accounting, net asset value calculations, investor relations, and more.
Governance Services
Leveraging our extensive global office network Citco Governance Services provides customised solutions, including corporate and global subsidiary governance, secretarial services, financial accounting and reporting, tax and audit liaison, and market entry services.
Banking, Depositary & Custody Services
Citco Banks operate in strategic financial centres and provide Institutional and Fund of Funds clients access to the funds universe through multiple communication and online real-time global funds platforms.
Citco Technology Management
Through our eight global development centres, Citco Technology Management provides secure infrastructures and develops award-winning technology products that underpin our commitment to service excellence.
