Since the 1940s Citco has provided specialist financial services to alternative investment funds, investors, multinationals and private clients worldwide. With over 6,500 employees in 45 countries we pioneer innovative solutions that meet our clients’ evolving needs, and deliver exceptional service. Our continuous investment in learning means our people are among the best in the industry. And our corporate social responsibility programs provide meaningful and fulfilling work in the community.
- Excellent Career Opportunity
- Award Winning Global Employer of Choice
- Position based in Luxembourg
Due to continued growth, we seek a Senior Fund Accountant to join our team and help to further our business. Your role will encompass all facets of the calculation of net asset values on a variety of complex Private Equity funds. Working closely with account managers, your responsibilities will include:
- Monthly/Quarterly Reporting Pack preparation, which includes:
- Maintain the general ledger and various sub-ledgers
- Cash and Portfolio Reconciliations
- Income and Expense Accruals
- Capital Activity processing (calls/distributions/transfers)
- Management Fee & Waterfall calculations
- Partner Allocation calculations
- Prepare and review trial balances, capital calls, distributions, and statements
- Financial Statement preparation with footnotes
- Manage and monitor the timing and quality of client deliverables (SLAs)
- Act as liaison to various internal/external parties e.g. auditors
- Interact directly with senior management and clients with appropriate escalation
- Provide technical accounting/industry knowledge to clients
- Coordinate with Onboarding team , Tax group, Investor Relations group, Financial Statement group, and other groups at Citco
- Understanding complex fund structures and accounting for them accordingly
- Review private equity fund clients limited partnership agreements, PPMs, and other materials
- Implementation of fund structures on accounting system
- Coach, develop and train staff with aid of Citco’s internal training department.
- Ad hoc reports and client requests as needed
- Train and support team members in their development
- Engage in local and global group projects
Requirements:
- Excellent command of English
- Accountancy or business administration qualification essential
- At least three years of experience in a fund accounting position
- Experience in accounting for Private Equity/Real Estate funds, Holding Companies, SPVs etc. in Luxembourg is an advantage
- Experience in reviewing and preparing general ledgers and financial statements
- Knowledge of various accounting standards and principals (Lux GAAP, IFRS, US GAAP)
- Working knowledge of MS Office
- Investran / Yardi knowledge is beneficial
- Actively engaged & committed to the collective work of the team, offering assistance and information to ensure team goals are met