Executive Vice President, Fund Accounting - Real Assets

JOB DESCRIPTION

Since the 1940s Citco has provided specialist financial services to alternative investment funds, investors, multinationals and private clients worldwide. With over 15,000 employees in 45 countries we pioneer innovative solutions that meet our clients’ evolving needs, and deliver exceptional service.

About Citco

Our continuous investment in learning means our people are among the best in the industry. And our corporate social responsibility programs provide meaningful and fulfilling work in the community.

A career at Citco isn’t just a job – it’s an opportunity to excel in an environment that genuinely supports your personal and professional development.

About The Role

The Executive Vice President, Real Assets Infrastructure Accounting is a senior leadership role within Citco's Fund Services business. Reporting to the Head of Real Assets Operations, this position leads Citco's fund accounting and financial operations functions serving infrastructure and real assets clients globally.

Based in Jersey City, the role will oversee accounting operations, financial reporting, client delivery, internal controls, and team leadership across a complex portfolio of fund structures and investment vehicles. Leading a team of approximately 100 professionals across 8 offices, this individual will play a critical role in scaling the organization, enhancing operational controls, driving process improvement, and maintaining exceptional service quality for institutional clients.

Infrastructure as an asset class continues to experience significant global growth, driven by increasing institutional allocations to real assets, energy transition, digital infrastructure, and transportation. Citco's Real Assets Infrastructure practice is positioned at the forefront of this growth, providing specialist fund administration services to some of the world's leading infrastructure fund managers. This role offers the opportunity to shape and lead that capability at a critical point in its development.

This is a high-impact executive role with significant influence over Citco's Real Assets Infrastructure growth strategy, operational excellence, and client service delivery.

Responsibilities

Job Duties in Brief:

• Fund Accounting and Financial Reporting
  • Oversee fund accounting and financial reporting for closed-end and open-end infrastructure fund structures, including core, core-plus, value-add, and opportunistic real assets strategies spanning energy transition, transportation, digital infrastructure, social infrastructure, and natural resources
  • Ensure timely and accurate NAV reporting, investor allocations, capital activity processing, and financial statement preparation, including asset-level reporting, waterfall calculations, and infrastructure-specific performance metrics such as IRR, MOIC, and yield-based returns
  • Review and oversee complex multi-jurisdictional fund structures including SPVs, blocker entities, holding companies, concession vehicles, and project finance structures common to infrastructure investments
  • Ensure compliance with US GAAP, IFRS, and local country GAAP, including application of investment company accounting, consolidation analysis, and fair value measurement standards specific to infrastructure assets
• Client Service and Relationship Management
  • Serve as a senior escalation point and strategic partner for leading infrastructure fund managers, demonstrating deep understanding of their investment strategies, asset-level complexities, and investor reporting requirements
  • Maintain strong relationships with clients, auditors, tax advisors, and other external stakeholders
  • Partner with business development relationship management teams to support client retention and growth
  • Lead onboarding of new infrastructure fund structures, including assessment of asset-level accounting requirements, project finance considerations, and bespoke investor reporting frameworks
• Operational Leadership and Scalability
  • Lead and scale high-performing accounting and operations teams across multiple Citco offices and regions
  • Drive operational efficiency, standardization, and automation across infrastructure-specific workflows including asset-level accounting, debt and financing tracking, capital expenditure monitoring, and distribution waterfall processing
  • Establish scalable workflows and quality control procedures tailored to the long-dated, complex nature of infrastructure investments, including periodic asset revaluation processes and lender reporting requirements
  • Oversee resource planning, team utilization, and organizational development
• Risk Consciousness
  • Strengthen internal controls, operational governance, and accounting oversight frameworks with specific attention to risks inherent in infrastructure investing, including concession agreement compliance, regulatory reporting, project-level covenant monitoring, and ESG disclosure requirements
  • Manage risk escalation, issue resolution, and operational oversight activities across complex infrastructure fund structures, including identification and resolution of asset-level accounting issues, valuation disputes, and multi-jurisdictional regulatory matters
  • Participate in Risk and Quality assurance programs specific to Real Assets Infrastructure product
  • Contribute to SOC 1 and Internal audits
• Strategic and Executive Leadership
  • Partner with executive leadership to drive strategic growth of Citco's Real Assets Infrastructure practice, capitalizing on increasing institutional allocations to infrastructure and real assets globally
  • Develop financial control and staffing plans
  • Support technology transformation and system implementations specific to infrastructure fund administration, including asset management platforms, project finance tools, and infrastructure-specific reporting systems such as Yardi and Investran
  • Coordinate and oversee staffing, hiring, training and development of a global team

Qualifications

About You:

• Degree in Business Administration, Accounting, Finance, or related discipline with 20+ years of progressive fund accounting experience, including a minimum of 8-10 years of dedicated infrastructure and real assets fund accounting experience at a senior level. CPA, MBA, or advanced degree strongly preferred
• Deep expertise in infrastructure fund structures including closed-end, open-end, evergreen, and co-investment vehicles. Proven proficiency in infrastructure-specific accounting including asset-level reporting, project finance structures, concession agreements, fair value measurement, and waterfall calculations. Strong knowledge of US GAAP, IFRS, and infrastructure-specific tax considerations including UBTI, ECI, and FIRPTA
• Proficiency with infrastructure fund administration platforms including Yardi strongly preferred. Familiarity with Investran, eFront, or equivalent systems advantageous. Comfort driving technology adoption and system implementation initiatives
• Demonstrated executive leadership capability with experience building and developing high-performing, geographically dispersed infrastructure accounting teams. Proven ability to attract and retain specialist infrastructure talent in a competitive market
• Familiarity with ESG reporting frameworks including TCFD, SFDR, and GRESB. Understanding of regulatory requirements across North American and global jurisdictions applicable to infrastructure fund administration
• Exceptional executive communication skills with the ability to present complex infrastructure accounting matters to senior fund managers, institutional investors, and board members
• Experience supporting investor relations activities including LP reporting, investor queries, and due diligence processes specific to infrastructure fund investors
• Understanding of regulatory requirements applicable to infrastructure fund administration across North American and global jurisdictions, including SEC, AIFMD, and relevant local regulations

Salary Range

USD 270,000 - 390,000

Our Benefits

Your 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.