Fund Services Manager

About Citco

The Citco group of companies (Citco) is a network of independent companies worldwide for over 70 years, all of which are leading providers of asset-servicing solutions to the global alternative investment industry. 

Citco has more than $1.8+ trillion in assets under administration and operations across 36 countries with over 50 office locations.

For decades, industry publications have recognized our leadership in service and innovation. These accolades are a reflection of our drive to push ourselves and our industry forward.

With strategically positioned global offices, we offer opportunities for graduates and seasoned professionals to work across the world. Careers at Citco can span continents.

For more information about Citco, please visit www.citco.com.

About the Team & Business Line: 

Fund Administration is Citco’s core business, and our alternative asset and accounting service is one of the most respected industries. Our continuous investment in learning and technology solutions means our people are equipped to deliver seamless client experience. 

As a core member of our Financial Reporting team, you will be working with some of the industry’s most accomplished professionals to deliver award-winning services for complex fund structures that our clients can depend upon. 

We offer: 

A challenging job in an international company. There is the opportunity to expand your business knowledge with excellent prospects for a further international career in one of our offices worldwide. We also offer a competitive benefits package, a minimum of 3 weeks’ vacation and a generous compensation package. 

The person will completely have a freedom to speak out and contribute and get acknowledged new ideas for. It could be with the work process, improvement, team collaboration, etc.

Opportunity to work with global systems, customers from throughout the Philippines and colleagues from different sites/regions/countries. Employees in general have the opportunity to shape their own career by achieving expertise and learning about the job.

Job Purpose:
Manage the preparation and coordination of financial statement and regulatory reporting in compliance with U.S. Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), and applicable regulatory requirements. Effectively manage client and auditor relationships throughout engagements.

Responsibilities

Main Job Functions/Responsibilities:

• Review annual, semi-annual and quarterly financial statements in accordance with GAAP or IFRS, as required.

• Oversee assigned engagements, including planning, budgeting, client relationship management, delegation to staff, and monitoring and reporting of out-of-scope time.

• Ensure the accuracy and completeness of footnote disclosures in accordance with accounting, reporting, and regulatory standards. Review legal documents governing the fund to ensure appropriate financial statement disclosure structure.

• Oversee coordination with internal teams, clients and external auditors. Manage the year-end financial statement process, and lead the identification, research and communication of relevant accounting, reporting and regulatory updates to the team.

• Review regulatory reports in compliance with applicable requirements, including compilation of key regulatory data and coordination with local and global teams to ensure timely and accurate regulatory submissions.

• Identify errors or problems, independently investigate and resolve complex matters, and escalate significant issues to senior management as needed.

• Review various engagement reports and ad hoc client reports as needed. Attend meetings and training sessions to enhance knowledge and cascade relevant updates to team members.

• Identify and communicate potential opportunities for new clients, as well as value-added service enhancements for existing clients and management. Prepare and review requests for proposals for prospective clients.

• Provide leadership, coaching and guidance to team members to strengthen required knowledge areas and support achievement of team goals.

Qualifications

Education, Qualifications and Experience:

• Bachelor's degree in Accountancy or a related field. 

• At least 5 years of external audit experience, preferably in the asset management industry, or relevant financial reporting experience within a financial institution.

• At least 3 years of experience in team and client management in a supervisory or managerial capacity.

• Strong working knowledge of US GAAP, IFRS, asset management, hedge funds, and financial reporting, preferably gained in a supervisory or managerial capacity.

• Previous financial statement review and/or preparation experience is preferred.

• Certified Public Accountants (CPAs) and non-CPAs are welcome to apply.

• Excellent communication and interpersonal skills.

• Proficiency in Microsoft Office applications, particularly Excel and Word. 

• Amenable to work in our Makati (OneAyala Corporate) or Alabang (Northgate Cyber Zone).

• Amenable to work in a hybrid setup, with 2 to 3 days onsite per week.

• Amenable to work on shifting schedules (AM or mid-shift).

Our Benefits

Your well-being is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location. 

We embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.

Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.