Manager, Fund Accounting - Private Assets

Job Title

Private Equity Fund Accountant

Job Description

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.

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 Equity 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.

Responsibilities

Your role:

• Coach, develop and train staff.
• Manage client engagements
• Maintain and control the general ledger and various sub-ledgers
• Prepare and review financial statements, footnotes and partner capital statements
• Prepare and review limited partner and general partner allocations
• Prepare and review trial balances and work paper product
• Review capital activity that pertains to the funds including capital calls, distributions, rebalances and transfers
• Prepare and review fee calculations including (but not limited to) management fees, admin fees, waterfall claw back, and carried interest calculations
• Manage and monitor the timing and quality of client deliverables
• Interact with senior management and manage overall relationships for multiple clients
• Provide technical accounting/industry knowledge to clients
• Establish plans for new client setup and transitions
• Coordinate with Operations group, Financial Statement group, Tax group and Investor Relations group
• Coordinate, manage and monitor external audit process
• Review private equity fund client's partnership agreements, PPMs and other materials
• Implementation of fund structures on accounting system
• Complete ad hoc reports as needed
• Be involved in any other functions required as part of the business of the Company

Qualifications

About you:

• 2+ years' experience in managing a team of Fund Accountants, Senior Fund Accountants and Supervisors.
• 3 - 5 years of fund accounting experience
• Knowledge of US GAAP and other comprehensive basis of accounting
• Knowledge of waterfall structures, modeling and calculations desirable
• Experience in reviewing and preparing general ledgers and financial statements
• Strong leadership skills and supervisory experience of other professionals
• Project management skills with attention to detail and proven ability to multi-task
• Bachelor's Degree in Accounting, Finance or Economics
• Strong written and verbal communication skills
• Working knowledge of Excel and Word is essential; experienced user of the SunGard Investran PE accounting platform highly desirable

Job Info

• Job Identification 16255
• Job Category Fund Accounting
• Job Schedule Full time
• Locations Park Central 7, Dallas, TX, 75251, US