Fund Accounting Specialist

Job description

Fund Accounting Department (part of a global unit Markets & Securities Services) is responsible for calculation and verification of the of the Net Asset Value (NAV) of Citi Clients’ funds in line with the fund prospectus.

This includes the monitoring and review of the activity taking place within the fund including but not limited to the verification of security trading, security valuations, corporate action events, income and expense accruals, derivative positions, and reconciliation of accounting records to the custodian.

The job position will include:

• Valuation of Funds Net Assets. 
• Verification of all Net Assets Valuation components. 
• Preparing periodic reports to the client or the regulator. 
• Resolving calculation issues. 
• Acting as process owner and contact point for other processes. 
• Ensuring operational procedures correctness and updating. 
• Delivering and approving of documentation describing functional changes of the operational system, e.g. improving current reports/processes. 
• Opinion making on operational risk for new implementation projects.
• Preparation and updating of operational and control procedures as well as ensuring their execution. 
• Tight cooperation with other teams involved in the process of Net Asset Value

Requirements

• 1 year experience within the funds industry or in accounting would be a distinct advantage.
• English - advanced/intermediate spoken and written.
• Knowledge about various instruments of the capital market and accounting skills.
• Ability to prepare and analyze statements and statistics.
• Ability to work in a dynamic environment under time pressure with deadlines.
• Good, practical knowledge of MS Office.
• Ownership and pro-active approach.

We offer

• Possibility to work with professionals in the multicultural environment
• Opportunity to develop in an international environment in one of the greatest financial institution worldwide
• Opportunity to broaden the practical knowledge how Capital Markets operate
• Social benefits (medical care, Benefit System, life insurance)
• Access to a dynamic variety of training material & courses across multiple delivery platforms
• Opportunity to use English on a daily basis