Senior Fund Accountant (Fund Accounting - Real Estate Funds)
- Recruiter
- Citco Group
- Location
- Singapore, Singapore
- Salary
- Competitive salary
- Posted
- 19 Sep 2020
- Closes
- 21 Sep 2020
- Ref
- 1055098
- Job role
- Fund accountant
- Experience level
- Qualified accountant
About Citco
Citco is a privately owned organisation providing specialised services to Private Equity and Real Estate firms, hedge funds, international financial institutions and high-net worth individuals. We are the leading administrator in the alternative funds space worldwide (with over US$900 billion of assets under administration) and one of the largest corporate fiduciary and administrative services companies.
We have over 75 years' experience in providing administration services to a diverse group of organisations, including those in the Real Assets and Private Equity sectors. Through our global network of 60 offices in 40 countries we assist clients with their administration and reporting requirements; we set-up and (co)manage holdings, administer corporate activities, and maintain the good legal standing of their companies.
About the Role:
Your role will encompass the administration of and any services pursuant to Administration Agreements in respect of a portfolio of Real Estate Funds working closely with the Supervisor and / or Assistant Vice President
Job Duties in Brief:
About You:
Other Information
Citco is a privately owned organisation providing specialised services to Private Equity and Real Estate firms, hedge funds, international financial institutions and high-net worth individuals. We are the leading administrator in the alternative funds space worldwide (with over US$900 billion of assets under administration) and one of the largest corporate fiduciary and administrative services companies.
We have over 75 years' experience in providing administration services to a diverse group of organisations, including those in the Real Assets and Private Equity sectors. Through our global network of 60 offices in 40 countries we assist clients with their administration and reporting requirements; we set-up and (co)manage holdings, administer corporate activities, and maintain the good legal standing of their companies.
About the Role:
Your role will encompass the administration of and any services pursuant to Administration Agreements in respect of a portfolio of Real Estate Funds working closely with the Supervisor and / or Assistant Vice President
Job Duties in Brief:
- Maintaining books and records and calculating fund Net Asset Values, including
- Maintain and control the general ledger and various sub - ledgers
- Prepare financial statements, footnotes and partner capital statements
- Prepare limited partner and general partner allocations
- Prepare trial balances and work paper product
- Process standard and complex bookkeeping entries
- Involved within a full scope of transaction activities including full cycle accounting
- Prepare financial data analysis
- Participate in the implementation of fund structures into the accounting system
- Calculating carried interest/performance/incentive fees;
- Processing payments and other transactions;
- Acting as a day-to-day contact with clients and other fund participants;
- Work closely with Supervisor/Assistant Vice President and the Investor Relations team to respond to investor queries and to disseminate capital activity and other investor notices;
- Act as a liaison with various internal/external parties i.e. auditors, legal counsel
- Participating in projects that may be defined from time to time in connection with the continuing expansion and evolution of the business;
- Identifying and escalating any material issues effecting service delivery to the Assistant Vice President;
- Any other functions required as part of the business of the Company, and reporting to the Assistant Vice President.
About You:
- Bachelor Degree in Accounting or Finance and/or studying for a professional accounting qualification (ie. CA, CPA or ACCA or equivalent)
- Minimum of 3 - 4 years' experience in accounting for the financial services sector, particularly Real Estate, Asset Management or Fund Administration.
- Knowledge of IFRS and / or USGAAP
- Experienced in reviewing and preparing general ledger and financial statements.
- Established knowledge in relation to accounting and consolidations under IFRS.
- Excellent communication skills and proficiency in English (both verbal and written).
- Motivated, bright and diligent individual who is driven to meet deadlines.
- A team player who is able to manage individual responsibilities.
- Sound judgment, problem solving and analytical skills.
- Proficient with Microsoft Applications (Excel, Word, Powerpoint etc).
- Working knowledge of Investran, Yardi is highly desirable
- Experience in Limited Partnership accounting
- Real estate fund administration experience is preferable but not a Must
- CANDIDATES WHO REQUIRE WORK PASSES NEED NOT APPLY
Other Information
- Working location: Changi Business Park
- Working Hours: 9am to 530pm (Monday to Friday)
- Individual Contributor
- Team size: Approximately 12 people
- Reporting to Supervisor/ AVP