FUND ACCOUNTANT - with 1-2 years Accounting experience (for Makati and Alabang)

Industry Category	Accounting / Finance	Position	General / Cost Accounting
Recruitment Department		Number Of Recruits	several
Work Location	All Cities	Nature Of Work	Full Time
Gender Requirements	Male	Marriage Requirement	No marital status restrictions
Education Level	College Diploma	Work Experience	No work experience restrictions
Age Requirement	Above 18 years old	Salary Package	Negotiable
Updated Date	2022-09-24	Valid Until	Long-term validity

about CITCO

Since the 1940s Citco has provided specialist financial services to alternative investment funds, investors, multinationals and private clients worldwide. With over 6,000 employees in 45 countries, we pioneer innovative solutions that meet our clients’ evolving needs, and deliver exceptional service.

Citco International Support Services Limited - Philippine ROHQ is a part of Citco Group of Companies with over 1,500 employees in the Philippines. We have been operating successfully since 2013 and have established itself as the market leader in hedge fund administration. We offer a complete range of accounting, middle office administration, shareholder and corporate services to hedge funds and collective investment schemes.

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

We offer: 

A challenging job in an international company. There is the opportunity to expand your business knowledge with excellent prospects for a further international career in one of our worldwide offices. We also offer a competitive benefits package, a minimum of 3 weeks’ vacation and a generous compensation package.

The person will completely have a freedom to speak out, contribute, and be acknowledged new ideas. It could be with the work process, improvement, team collaboration, etc.

Opportunity to work with global systems, customers from throughout the Philippines and colleagues from different sites/regions/countries. Employees in general have the opportunity to shape their own career by achieving expertise and learning on the job.

Position Overview

The Fund Accountant is primarily responsible for processing accounting and custodial transactions required for the completion of daily, weekly and monthly service deliverables for a number of hedge fund clients. The Fund Accountant will require an understanding of trading, reconciliations and Net Asset Value (NAV) calculations. The successful candidate should have the ability to follow processes.

Main Job Functions/Tasks

Record trade and non-trade transactions in custody and accounting systemsLiaise with other Citco groups and/or external parties for information and documentsPerform cash and position reconciliationsMonitor and analyze portfolio pricingCalculate and book fee accrualsPrepare NAV packages and financial statementsPrepare ad hoc reporting in line with client and internal requirementsDemonstrate ownership of assigned tasks and ensure timely completion, in line with demanding Service Level AgreementsMaintain a thorough understanding of applicable best practice policies & client-specific agreementsWork with clients and other Citco Offices and Fund Accountants to resolve issuesPerform other tasks as required by Seniors, Supervisors and/or Managers

Basic Qualifications

Bachelor’s degree in Accounting, Finance or ManagementRelevant professional designation is an advantage (CPA, CFA, CMA), but not requiredExperience in Financial Services with high volume operational environment and/or knowledge of fund accounting or hedge fund industry is a plusWilling to work on shifting scheduleProficient in MS Excel is an advantageHighly organized and detail-orientedProactive, team-oriented and results-drivenGood interpersonal and client service skills

Our Benefits

Your well-being is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.

We recognize diversity as a source of organizational pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the people we hire, and the culture we create in our organization. Citco welcomes and encourages applications from people with disabilities.

The Citco Group of Companies is a worldwide group of independent financial service providers serving the world's elite hedge funds, private equity and real estate firms, institutional banks, Global 1000 companies and high net worth individuals. Citco companies service these sectors around the world by offering hedge fund administration, custody and fund trading, financial products and corporate and trust planning solutions.Citco is an independent group of companies which have focused on these specialized niche services for over 70 years. It is this focus that has helped us reach the position as global industry leader in our markets. With more than 5,000 staff in over 44 countries, and with our clients as partners, we will demonstrate this dynamic focus which has allowed us to excel in what we do best.We continue to dedicate substantial resources and energy to further enhance our proprietary working platforms so that we can meet and exceed expectations in these industry segments.Citco provides employees with an exciting, challenging and rewarding career in a dynamic and rapidly expanding group of global financial companies. With a culture grounded in teamwork, integrity and customer service, Citco provides a collaborative work environment - Citco offers competitive compensation and benefits packages which include the opportunity to expand business knowledge by working with prestigious clients and complex financial instruments across the globe. Both entry-level and career-advancing positions are available globally within professions such as accounting, banking, legal and information technology (IT).Citco International Support Services Limited – Philippine ROHQ has been operating successfully since January 2013.