Fund Services.FR Team Lead

About Citco

The Citco group of companies (Citco) is a network of independent companies worldwide for over 70 years, all of which are leading providers of asset-servicing solutions to the global alternative investment industry. Citco has more than $1.8 trillion in assets under administration and operations across 36 countries with over 50 office locations.

For decades, industry publications have recognized our leadership in service and innovation. These accolades are a reflection of our drive to push ourselves and our industry forward.

With strategically positioned global offices, we offer opportunities for graduates and seasoned professionals to work across the world. Careers at Citco can span continents.

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 most respected industries. Our continuous investment in learning and technology solutions means our people are equipped to deliver seamless client experience. 

As a core member of our Financial Reporting 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. 

Job Purpose:

Manage the preparation and coordination of financial statement and regulatory reporting in compliance with U.S. Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), and applicable regulatory requirements. Effectively manage client and auditor relationships throughout engagements.

Main Job Functions/Responsibilities:

• Lead the preparation and review of annual, semi-annual and quarterly financial statements in accordance with GAAP or IFRS, as required.

• Coordinate assigned engagements including planning, budgeting, client coordination, work allocation, and monitoring of timelines and out-of-scope time.

• Ensure the accuracy and completeness of footnote disclosures in accordance with accounting, reporting, and regulatory standards. Review legal documents governing the fund to ensure appropriate financial statement disclosure structure.

• Lead coordination with internal teams, clients and external auditors. Coordinate year-end financial statement process, and contribute to identifying, researching and communicating relevant accounting, reporting and regulatory updates to the team.

• Lead the preparation and review of regulatory reports in compliance with applicable requirements, including compilation of key regulatory data and coordination with local and global teams to ensure timely and accurate regulatory submissions.

• Identify errors or problems, independently investigate, and recommend solutions to team members or managers.

• Prepare various engagement reports and ad hoc client reports as needed. Attend meetings and training sessions to enhance knowledge and share relevant updates with team members.

• Recognize and communicate potential opportunities for new clients, as well as value-added service enhancements for existing clients and management. Assist the manager in preparing requests for proposals for prospective clients.

• Provide guidance to team members to motivate and help strengthen specific knowledge areas needed to accomplish team goals.

Education, Qualifications and Experience:

• Bachelor's degree in Accountancy or a related field. 

• At least 4 years of external audit experience, preferably in the asset management industry, or relevant financial reporting experience within a financial institution. 

• At least 1 year of supervisory or team lead experience, including team and client coordination responsibilities.

• Strong working knowledge of US GAAP, IFRS, asset management, hedge funds, and financial reporting, preferably gained supervisory or reviewer capacity.

• Previous financial statement review and/or preparation experience is preferred.

• Certified Public Accountants (CPAs) and non-CPAs are welcome to apply.

• Excellent communication and interpersonal skills.

• Proficiency in Microsoft Office applications, particularly Excel and Word.

• Amenable to work in our Makati (OneAyala Corporate) or Alabang (Northgate Cyber Zone) or Clark office.

• Amenable to work in a hybrid setup, with 2 to 3 days onsite per week.

• Amenable to work on shifting schedules (AM or mid-shift).

Our Benefits

Your well-being 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. Accommodation is available upon request for candidates taking part in all aspects of the selection.