Fund Services.FR Manager

Citco Fund Services is a division of the Citco Group of Companies and is the largest independent administrator of Hedge Funds in the world with offices in Amsterdam, Bahamas, Bermuda, Cayman Islands, Cork, Curacao, Dublin, Halifax, London, Luxembourg, Malvern, Manila, Miami, New York/New Jersey, Toronto, San Francisco, Singapore and Sydney.

Citco Fund Services (“CFS”) established a financial and regulatory reporting ‘center of excellence’ that assists investment advisers and managers in preparing annual, quarterly, and/or monthly unaudited financial statements for their managed funds in conformity with the accounting standards adopted by the fund (U.S. GAAP / IFRS) and may organize and prepare financial information required for regulatory filings. The services are performed by licensed and certified accountants with significant public accounting experience in the asset management industry and financial reporting specialists with pertinent industry experience.

CFS Regulatory Reporting assists private fund advisers in preparing accurate, reliable and timely filings to meet certain regulatory reporting obligations. The team has focused its efforts on the more significant regulatory initiatives in the United States and Europe such as Form PF (SEC), Form CPO-PQR (CFTC), AIFMD Annex IV (ESMA) and Forms S and SLT (US Treasury). These various regulatory filings require multiple data points on fund structure, investments, strategies, notional values, risk metrics and counterparty exposures. CFS Regulatory Reporting works with advisers to perform a readiness assessment and implement proven procedural processes that make use of Citco’s Data Warehouse and Portal interfaces.

The CFS Financial Statement and Regulatory Reporting operational teams reside in the following Citco Fund Services locations: Malvern, Pennsylvania, USA; Cork, Ireland; and Manila, Philippines. The financial and regulatory reporting services are available to clients of Citco Fund Services Companies worldwide.

Position Purpose

Main Job Functions/Responsibilities

• Provide oversight to financial and regulatory processes, including compilation, review and technical assistance. Compile and advise on monthly, quarterly and annual regulatory and financial reports such as audited financial statements, Form PF, Form SLT and others.

• Contribute to strong relationships through interactions with internal parties, client and audit firm personnel.

• Train staff on established regulations and updated rules. Establish and support department and individual goals, prepare performance evaluations, direct individual and group staff meetings. Manage the career development for all reporting accountants by group and individual training.

• Writing and/or reviewing various reports related to engagements. Prepare adhoc reports for the client upon request. Troubleshoot fund accounting and client issues. Attend meetings and training to enhance knowledge to be passed down to reporting accountants.

• Support reporting and fund accounting related duties during peak periods as defined by Operations Manager.

• Contribute to identifying, researching, and communicating recent authoritative pronouncements to CFS offices and clients.

• Understand engagement economics as it relates to managing budget for individual engagements and projects.

• Recognize and communicate potential opportunities for new clients as well as value added service enhancements for existing clients

Education, Qualifications and Experience

• Three years experience in managing a team of asset management accountants and/or auditors

• Eight years of asset management accounting experience in either an audit firm, hedge fund, hedge fund administrator or other financial institution where the accountant has gained financial products knowledge

• Strong knowledge of regulatory compliance requirements

• Previous financial statement or regulatory review and/or preparation experience

• Strong knowledge of U.S. GAAP and IFRS is required

• Advanced knowledge in complex derivatives

• Bachelor’s degree in Accounting, Finance or Economics

• CPA, CFA, CA or other professional designation preferred

• Ability to travel as necessary

• Good communication and writing skills

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