Fund Accountant

The Citco Group Limited is seeking a Fund Accountant to join their team in Abu Dhabi, United Arab Emirates. This role is crucial for preparing financial reporting for institutional clients and ensuring accuracy in Net Asset Value calculations and financial statements.

Citco is a global leader in fund administration, offering award-winning services and technology solutions within the financial and professional services industry. With a strong heritage and a commitment to investing in people and technology, Citco is a premier service provider for alternative investment funds.

Join Citco and contribute to the success of our Fund Services division, a core business for the company. We are looking for dedicated professionals to uphold our reputation as the best in the business.

Company Overview

Citco's heritage dates back to the 1940s, evolving into a leading global provider of asset servicing. The company pioneers innovative services and technology solutions, with a strong focus on investing in its people and proprietary technologies. Citco is recognized as an industry preeminent service provider, reassuring clients with its ability to navigate complex changes and act as trusted advisors.

The company operates across various divisions including Citco Fund Services & Investor Relations, Governance Services, Banking, Depositary & Custody Services, and Citco Technology Management. Citco Fund Services is the global leader in services for the alternative investment industry, administering over 2,000 funds with net assets exceeding $840 billion.

Quick Details

• Salary Range: Not Specified
• Job Type: Full-time
• Qualifications: Bachelors Degree
• Experience: Not Specified

Key Responsibilities

• Prepare periodical financial reporting for Institutional clients, including Net Asset Value determination and Statement of Assets and Liabilities and Profit and Loss Statement.
• Execute financial control elements covering assets, liabilities, income, expenses, and equity.
• Independently complete cash, portfolio, and capital reconciliations and investigate and resolve discrepancies.
• Review and process notices for capital calls and distributions on underlying portfolio Fund holdings.
• Maintain contact with client operations staff, Banks, Custodians, and Brokers.
• Monitor compliance with various client service agreements.
• Assist with new client onboarding and new launches to successful completion.
• Participate in the fiscal year-end audit process and provide information to auditors.
• Liaise with internal and external parties to ensure client needs are met.
• Assist with ad hoc projects.

Requirements

• University degree in accounting, finance, economics or professional accounting designation (CFA, CGA, CMA, CA, CPA).
• Excellent verbal and written communication skills.
• Proficient with Microsoft Office (especially Excel) and Outlook.
• Proven ability to work in a challenging, professional, and fast-paced work environment.
• Experience working in the financial industry or public accounting is an advantage.

Benefits

• A range of benefits, training and education support, and flexible working arrangements.
• Opportunities to achieve success in your career while balancing personal needs.
• Embracing diversity and fostering an inclusive culture.
• Accommodations available upon request for candidates taking part in all aspects of the selection process.