Manager, Fund Accounting - Private Assets

About 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. About You:You have a University degree in Accounting, Finance, Economics or professional accounting designation (CFA, CGA, CMA, CA, CPA).4+ years’ experience in managing a team of Fund Accountants, Senior Fund Accountants and Supervisors3 - 5 years of fund accounting experience in either a Private Equity Fund, Private Equity Fund Administrator or other financial institution where the accountant has gained financial products knowledgeKnowledge of US/Canadian GAAP and other comprehensive basis of accountingExperience in reviewing and preparing general ledgers and financial statementsProven experience in managerial roleStrong leadership, organizational, and time-management skillsStrong project management skills with attention to detail and proven ability to multi-taskStrong 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 $110,000 to $175,000 While 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 accommodation 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.Your Role: Lead and manage the team to archive departmental and organizational goalsImplement strategic plans to archive business objectivesEnsure efficient and effective day-to-day 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 requirementsImplement and monitor quality control proceduresMaintain high standards of quality and accuracy in all aspects of operations and ensure all client SLAs are metLiaise with Investor Relations, Waterfall, Tax, Financial Reporting and other Citco groups/teams globallyAct as a liaison with Clients on matters relating to Fund Accounting servicesEnsure timely and accurate responses to client queriesAct as a liaison with external partiesCoordinate, manage and monitor external audit processesProvide technical accounting/industry knowledge to clients as neededWork closely with Client Integration team (including new client onboarding and conversions)Manage and coordinate the activities of team membersProvide direction, support, and mentorship to team membersConduct regular meetings to communicate objectives, updates and expectationsEvaluate team performance, providing timely feedback and conducting performance reviewsIdentify skill gaps and training needs within the team. Organize and facilitate training programs to enhance team capabilitiesAct as a liaison between the team members and senior managementEncourage a proactive problem-solving culture within the teamImplementation of efficiency initiatives in a timely mannerGenerate ad hoc reports as requiredFull timePosting Date: 2026-10-01