Assistant Vice President – Private Equity – Private Equity

Job Description

Assistant Vice President – Private Equity | The Citco Group Limited

The Tone:
This is a full-time role at The Citco Group Limited, located in Singapore. Citco is a global leader in fund services, corporate governance, and related asset services, administering over $1.9 trillion in assets for clients worldwide. This role is crucial for managing the administration and services for a portfolio of Private Equity funds, ensuring accurate financial reporting and strong client relationships. The position requires a detail-oriented individual to oversee accounting processes and supervise a small team, contributing to Citco’s commitment to delivering exceptional client service.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: In-person – Singapore, Singapore

• Team: Reports to Vice President, supervises a small team of accountants.
• Mission: To provide comprehensive administration and services for a portfolio of Private Equity funds under agreed terms.
• Tech Stack: Microsoft Applications (Excel, Word, PowerPoint), Investran, E-Front

What You’ll Actually Do
• Maintain: Responsible for accurately maintaining books and records and calculating fund Net Asset Values.
• Coordinate: Coordinate and review financial statements, associated reports, and performance metrics for monthly/quarterly reporting cycles.
• Oversee: Supervise junior staff, reviewing and signing off on their work, while also acting as a primary day-to-day contact for clients and other fund participants.
• Ensure: Coordinate and review complex calculations including carried interest/performance/incentive fees, capital calls, distributions, and investor allocations, along with partner capital account statements.
• Support: Assist auditors, other fund participants, and advisers, monitor compliance with client agreements, and participate in presentations to existing and prospective clients.

The Must-Haves
• Background: Qualification such as CA, CPA, ACCA, or equivalent. This role requires an understanding of accounting for the financial services sector, particularly Private Equity, Asset Management, or Fund Administration, with knowledge of IFRS and/or USGAAP.
• Experience: Minimum 6 years of experience in accounting within the financial services sector, specifically Private Equity, Asset Management, or Fund Administration. Includes 3-4 years of supervisory experience in managing and/or leading staff, and established experience in reviewing and preparing general ledger and financial statements. Experience in Limited Partnership accounting and private equity fund administration is essential.
• Skills: Excellent communication skills, both verbal and written in English. Strong business acumen, sound judgment, problem-solving, and analytical skills are required. Proficiency with Microsoft Applications (Excel, Word, PowerPoint) and user experience with enterprise accounting system(s) are necessary.
• Bonus: Working knowledge of Investran or other Private Equity systems like E-Front is highly desirable.