Manager, Waterfall Ancillary Services

Your Role:

Read and understand Limited Partnership and side-letter agreements, specifically the distribution waterfall provisions contained therein

Function as a Subject Matter Expert in relation to all aspects of distribution waterfall calculations across multiple investment strategies and structures

Fully document the calculation requirements associated with a fund’s distribution waterfall calculations, inclusive of specific Limited Partner provisions, to support the on-boarding of funds to Citco’s waterfall calculation models

On-board funds to Citco Waterfall, Citco’s proprietary calculation engine (inclusive of on-boarding waterfall structures, calculation methodologies, Limited Partner waterfall terms, and mapping to source-system accounting data.)

Where necessary, complete the analysis, design, setup & testing of build Excel-based calculation models based on the relevant fund documentation and source-system accounting data

Support Citco’s global Fund Accounting teams in relation to hypothetical and realized waterfall calculations, as well as audit support and ad-hoc requests

Work with Citco’s dedicated development staff to provide business requirements and support in relation to modifications and enhancements to Citco Waterfall

Where necessary, participate in the Business Development process to facilitate demos of Citco’s waterfall technology, as well as establishing Citco’s expertise in relation to waterfall calculations

Coordinate with all relevant teams to ensure internal workflows will meet client needs and regulatory controls.

Coordinate with both internal and external stakeholders to ensure all necessary data is captured and migrated for client reporting and calculation models.

Contribute to on-going discussions on operational process and best practices; document and implement process improvements.

Maintain a pro-active customer focus at all times.

About You:

3-5 years of fund accounting experience in either a Private Equity Fund, Private Equity Fund Administrator, or other financial institution where the accountant has gained financial products knowledge

Knowledge of US/Canadian GAAP and other comprehensive basis of accounting

Experience in reviewing and preparing waterfall calculations

Project management skills with attention to detail and proven ability to multi-task

Bachelor’s degree in Accounting, Finance, or Economics

Strong written and verbal communication skills

Working knowledge of Excel and Word essential, experienced user of the SunGard Investran PE accounting platform highly desirable.