Vice President, Fund Accounting – Private Assets

Responsibilities

• Lead and manage a team of managers and staff, providing guidance and support.
• Execute strategic plans to archive business objectives.
• Oversee resource allocation and workflow to meet client SLAs.
• Ensure efficient and effective daily operations.
• Oversee periodical Net Asset Value calculations for the Private Equity Funds, including Financial Statement preparation, trial balance review and Partner/Shareholder Allocation calculations.
• Review the calculation of fund specific expenses, including admin fees, management fees, carried interest and other applicable fees.
• Review accounting work, capital events, other client deliverables, investor statements and reporting prepared by staff.
• Ensure documentation is compliant with internal and external/regulatory standards.
• Review private equity funds’ partnership agreements, PPMs and other materials.
• Ensure compliance with internal policies/procedures/best practices, external standards, and regulatory requirements.
• Maintain high standards of quality and accuracy in all aspects of operations.
• Liaise with Investor Relations, Waterfall, Tax, Financial Reporting and other Citco groups/teams globally.
• Act as a liaison with Clients on matters relating to Fund Accounting services, maintain overall client relationships.
• Ensure timely and accurate responses to client queries.
• Act as a liaison with external parties.
• Coordinate, manage and monitor external audit processes.
• Provide technical accounting/industry knowledge to clients.
• Collaborate with Client Integration team (including new client onboarding and conversions).
• Collaborate with Relationship Managers to develop client service level agreements.
• Review operations processes for the Company’s Private Equity division.
• Participate in the recruitment and hiring process.
• Onboard new employees and ensure they are fully integrated into the team.
• Conduct regular meetings to communicate objectives, updates and expectations.
• Evaluate team performance, providing timely feedback and conducting performance reviews.
• Identify training needs, organize professional development plans for the team and coach them to success.
• Act as a liaison between the team and senior management.
• Facilitate effective communication within the department and other departments/groups.
• Forster a culture of continuous improvement and learning within the department.
• Participate in technology automation, procedure development, and other special projects/initiatives.
• Implementation of efficiency initiatives in a timely manner.
• Generate ad hoc reports as required.

• You have a University degree in Accounting, Finance, Economics or professional accounting designation (CFA, CGA, CMA, CA, CPA).
• You have 8+ years public/Private Equity accounting experience.
• Proven experience in leadership role, preferably as a Vice President or equivalent.
• Skilled in negotiation, business planning, margin analysis, rating agency relations and technical accounting.
• Strong knowledge of waterfall structures, modelling and calculations.
• Highly successful record of delivering large scale business/technology reengineering initiatives in the private equity, hedge funds and fund of funds businesses.
• Knowledge of US Generally Accepted Accounting Principles and other comprehensive basis of accounting.
• Experience in reviewing and preparing general ledgers and financial statements.
• Ability to lead and motivate a team.
• Project management skills with attention to detail and proven ability to multi-task.
• Excellent interpersonal abilities.
• Strong written and verbal communication skills.
• Proficient in Microsoft Office (Especially Excel and Word), experienced user of the FIS Investran PE accounting platform highly desirable.