Vice President Real Estate Fund Accounting

Company: Citco
Location: Jersey City
Posted on: August 3, 2020

Job Description:

Real Estate Fund Accounting Vice President About Citco Since the 1940s Citco has provided specialist financial services to alternative investment funds, investors, multinationals and private clients worldwide. With over 6,000 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. A career at Citco isn't just a job - it's an opportunity to excel in an environment that genuinely supports your personal and professional development. About the Role: A VP will demonstrate leadership skills in coaching, motivating team members and dealing with client and counterparts in other groups. You will have hands-on, Real Estate and or Private Equity specific accounting expertise and have demonstrated capabilities in managing the administrative function of multiple PERE funds. Your role will support Directors in the Private Equity and Real Estate Fund Services line of business who are responsible for the oversight of the client relationship. Job Duties in Brief:

• 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
• 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
• 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
• Ad hoc reports as needed
• Review trading and operations processes for the Company's private equity divisionAbout You:
  • 8+ years PERE experience in Fund Administration or public/private accounting experience
  • Experience in managing and marketing a new business unit
  • Skills in negotiation, business planning and budgeting, margin analysis, rating agency relations and technical accounting
  • Familiarity with Investran/Yardi
  • A 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
  • Strong leadership skills and supervisory experience of other professionals
  • Project management skills with attention to detail and proven ability to multi-task
  • Strong written and verbal communication skills
  • Advanced computer skills (Microsoft Excel)
  • Bachelor's Degree in Accounting, Finance, or Economics
  • CPA designation a plusWhat We Offer:
    • A collaborative and rewarding role in an award-winning global business
    • Opportunities for personal and professional career development.
    • Great working environment, competitive salary and benefits, and opportunities for educational support.
    • Be part of an industry leading global team, renowned for excellence.Remuneration:
      • A highly competitive salary package will be awarded the successful candidate.Confidentiality Assured #LI-AD1

Keywords: Citco, Jersey City , Vice President Real Estate Fund Accounting, Executive , Jersey City, New Jersey