Vice President, Fund Accounting - Private Assets

Job-ID: 21613Category: Fund AccountingLocation: Jersey City, NJ, United StatesWorkplace: HybridSchedule: Full timePosted: 2026-11-06About CitcoThe market leader. The premier provider. The best in the business. At Citco, we’ve been the front-runner in our field since our incorporation in 1948 led to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, push beyond the boundaries of our industry, and shape its future. From working exclusively with hedge funds to serving all alternatives, corporations and private clients, our organization has grown immensely across asset classes and geographies. For us, this progress is a pattern that we’ll only maintain as we move forward, always prioritizing our performance. So for those who want to play at the top of their game and be at the vanguard of their space, we say: Welcome to Citco. For more information about Citco, please visit 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 Private Assets 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. QualificationsAbout You:You have a University degree in Accounting, Finance, Economics or professional accounting designation (CFA, CGA, CMA, CA, CPA).You have 8+ years public/Private Equity accounting experience.Proven experience in leadership role, preferably as a Vice President or equivalentSkilled in negotiation, business planning, margin analysis, rating agency relations and technical accountingStrong knowledge of waterfall structures, modelling and calculationsHighly successful record of delivering large scale business/technology reengineering initiatives in the private equity, hedge funds and fund of funds businessesKnowledge of US Generally Accepted Accounting Principles and other comprehensive basis of accountingExperience in reviewing and preparing general ledgers and financial statementsAbility to lead and motivate a teamProject management skills with attention to detail and proven ability to multi-taskExcellent interpersonal abilitiesStrong written and verbal communication skillsProficient in Microsoft Office (Especially Excel and Word), experienced user of the FIS Investran PE accounting platform highly desirableSalary Range: USD $150,000 - $240,000While this role may be posted under a different location, as part of our office transition, the successful candidate's primary work location will be "Metropark, located at 170 South Wood Avenue, 4th Floor, Iselin, NJ 08830"Our BenefitsYour well-being is of paramount importance and central to our success here at Citco. Citco offers a comprehensive and competitive total rewards package to support your career success and personal needs. Your base salary will be determined by several factors such as the role, experience, skillset, market conditions, etc. Furthermore, qualifying positions can participate in an annual discretionary bonus pool based on company profitability and individual contributions. Our comprehensive benefits package includes medical, dental, and vision coverage, short and long-term disability benefits, a retirement savings plan, tuition reimbursement, mental health and wellness support, parental leave, and more. Additional details about our total rewards package will be shared during the hiring process.At Citco, we take pride in fostering an inclusive culture by prioritizing the hiring of people from diverse backgrounds. Our culture is a source of pride and strength, fostering innovation, mutual respect, and collaboration. We warmly welcome and encourage applications from people with disabilities. If you require any accommodations to make our recruitment process more accessible for you, please let your recruiter know. As an equal opportunity employer, Citco adheres to making all employment and personnel decisions without discriminating based on race, color, creed, religion, sex, physical disability, mental disability, age, marital status, sexual orientation, citizenship status, national or ethnic origin, or any other protected status. We believe that an inclusive workforce not only enriches our company but also drives us towards greater success.Please note that this job description is not intended to be all-inclusive. Our employees may perform other job-related duties as needed to meet the ongoing needs of our organization.ResponsibilitiesYour Role: Lead and manage a team of managers and staff, providing guidance and supportExecute strategic plans to archive business objectives Oversee resource allocation and workflow to meet client SLAsEnsure efficient and effective daily operationsOversee periodical Net Asset Value calculations for the Private Equity Funds, including Financial Statement preparation, trial balance review and Partner/Shareholder Allocation calculations.Review the calculation of fund specific expenses, including admin fees, management fees, carried interest and other applicable feesReview accounting work, capital events, other client deliverables, investor statements and reporting prepared by staffEnsure documentation is compliant with internal and external/regulatory standardsReview private equity funds’ partnership agreements, PPMs and other materials Ensure compliance with internal policies/procedures/best practices, external standards, and regulatory requirementsMaintain high standards of quality and accuracy in all aspects of operationsLiaise with Investor Relations, Waterfall, Tax, Financial Reporting and other Citco groups/teams globallyAct as a liaison with Clients on matters relating to Fund Accounting services, maintain overall client relationshipsEnsure timely and accurate responses to client queriesAct as a liaison with external partiesCoordinate, manage and monitor external audit processesProvide technical accounting/industry knowledge to clientsCollaborate with Client Integration team (including new client onboarding and conversions)Collaborate with Relationship Managers to develop client service level agreementsReview operations processes for the Company’s Private Equity divisionParticipate in the recruitment and hiring processOnboard new employees and ensure they are fully integrated into the teamConduct regular meetings to communicate objectives, updates and expectationsEvaluate team performance, providing timely feedback and conducting performance reviewsIdentify training needs, organize professional development plans for the team and coach them to successAct as a liaison between the team and senior managementFacilitate effective communication within the department and other departments/groupsForster a culture of continuous improvement and learning within the departmentParticipate in technology automation, procedure development, and other special projects/initiativesImplementation of efficiency initiatives in a timely mannerGenerate ad hoc reports as required