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
Position Overview:
The ideal candidate will have hands-on, Real Estate specific accounting expertise and have demonstrated capabilities in managing the administrative function of multiple open-ended real estate fund structures (Investment Funds and SPVs).
- Maintain and control the general ledger and various sub-ledgers
- Prepare and review financial statements, footnotes and partner capital statements
- Prepare and review limited partner and general partner allocations
- Prepare and review trial balances and work paper product
- Review capital activity that pertains to the funds including capital calls, distributions, subscriptions, redemptions, rebalances and transfers
- Prepare and review fee calculations including (but not limited to) management fees, admin fees, waterfall claw back, and carried interest calculations
- Manage and monitor the timing and quality of client deliverables
- Overall responsibility for client relationships and meetings
- Interact with senior management and manage overall relationships for multiple clients
- Provide technical accounting/industry knowledge to clients and internally
- Preparation of client service plans including annual budget
- Establish plan for new client setup and transitions
- Coordinate with Operations group, Financial Statement group, Tax group, and Investor Relations group
- Coordinate, manage and monitor external audit process
- Review private equity fund client’s partnership agreements, PPM’s and other materials
- Implementation of fund structures on accounting system
- Coach, develop, train staff
- Ad hoc reports as needed
- Review trading and operations processes for the Company’s private equity division
- Any other functions required as part of the business of the Company
Requirements:
- 8+ years Real Estate Fund accounting experience
- Strong knowledge of waterfall structures, modelling and calculations
- Familiarity with Yardi
- A highly successful record of delivering large scale business/technology reengineering initiatives in the Real Estate Fund businesses
- Knowledge of IFRS, US GAAP and other comprehensive basis of accounting
- Experience in reviewing and preparing general ledgers and financial statements
- Strong leadership skills and supervisory experience of other professionals
- Project management skills with attention to detail and proven ability to multi-task
- Proficient in English, both written and verbal communication,
- Advanced computer skills (Microsoft Office, Yardi, Viewpoint)
- Bachelor’s Degree in Accounting, Finance, or Economics
- CPA designation a plus
