Manager, Fund Accounting – Hedge Funds
At a glance
Manager-level Accounting role at Fa Euxc Saasfaprod1. Toronto · full-time · CA$100,000–CA$120,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Prepare and oversee financial reports, profit allocations and NAV calculations, meeting each client’s deadlines
- Coordinate with clients on monthly reporting packages and respond promptly and accurately to their questions
- Review team deliverables, support staff with monthly work and manage delivery across the team
- Help launch new funds and onboard clients, while improving procedures for more efficient NAV production
- Check compliance with internal reporting rules and procedures, and contribute to department initiatives and other projects
What you bring
- A bachelor’s degree in accounting, finance or economics, plus at least five years in hedge fund or investment-company fund accounting
- Your fund accounting experience includes derivative instruments and external investors
- You have managed a team of at least five and reviewed deliverables while coordinating work across teams
- You bring strong financial reporting, analytical and organizational skills, with solid Excel and Outlook ability
Who this fits
This manager role suits someone with a fund accounting background who can review work, lead a team and coordinate across teams. The role is based in Toronto, Canada. A CA, CMA, CGA, CPA or CFA designation is preferred, but not required.
From the employer
About Citco
Citco is a global leader in fund services, corporate governance and related asset services with staff across 50 office locations worldwide. With more than $1.8 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 a seamless client experience.
As a core member of our Fund Accounting – Hedge Funds team, 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 oversee and prepare financial reports and profit allocation statements, including calculation of “net asset value”, in accordance with client deadlines.
- Act as a liaison with the client on matters relating to the preparation of the monthly reporting package
- Ensure timely and accurate response to client inquiries
- Assist staff with their monthly work as the need arises
- Act as a liaison with external parties
- Ensure adherence to all internal and external standard procedures and best practices
- Assist with new client on-boarding and new fund launches to ensure successful completion
- Review administrative/accounting procedures and recommend solutions in order to work towards a more efficient NAV production process
- Facilitate compliance with internal reporting requirements
- Participate in strategic departmental and corporate initiatives
- Assist with ad hoc projects
About You:
- You have an accounting/finance background with relevant experience as evidenced by:
- A Bachelor’s Degree in Accounting, Finance or Economics and
- Demonstrated 5+ years of work experience at hedge fund accounting or investment companies fund accounting with derivative instruments and external investors
- Nearly qualified or completed CA, CMA, CGA, CPA or CFA designation (preferred – not a must have)
- Strong working understanding of investment strategies and financial products (including derivatives)
- Been in a reviewer capacity of deliverables and managing delivery for the team
- Experience managing a team of 5+ people as their manager, supervisor, mentor, coach, etc.
- Able to demonstrate that you are comfortable working in an operations model where you have to coordinate and work with various teams
- 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
Salary Range: CAD $100,000-$120,000
- This position is for an existing vacancy
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. Accommodations are available upon request for candidates taking part in all aspects of the selection process
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