Fund Accounting Administration Oversight

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    negotiable / month
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  • Posted:
    14 hours ago
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The role of a Fund Accountant is an integral role within the Fund Services operation as one of its key responsibilities is to review, provide oversight and support to all our off shore centres. These centres are an extension of the Operation therefore excellent communication skills are a key requirement within this role. The review and oversight responsibilities will include but are not limited to investigating and resolving all valuations/unit pricing produced that are outside tolerance levels, reviewing KPI’s/KRI’s ensuring all SLA commitments have been met whilst ensuring all monitoring requirements meet the Asia Pacific Outsourcing Governance Policy. Staff within this team will be involved in process improvement projects ensuring efficiencies are gained in a controlled environment and will assist with the implementation of new funds. Training within the unit is also a key component, ensuring that staff are updated on changes to accounting standards, improve their knowledge across systems whilst ensuring their own individual development is on track. This individual will play a role in building new client relationships as well as servicing existing client relationships.


+ Review and monitor all pricing discrepancies outside tolerance of Investment funds, fund of funds & Superannuation funds.

+ Review trades, cash, corporate actions and accruals to ensure accuracy of client valuations.

+ Review & monitor all reconciliation discrepancies of all client cash and security positions to custody.

+ Review calculation of fees to the fund managers, administrator and other service providers.

+ Provide support for investigating/clearing all exceptions/breaks in a timely manner and ensuring any aged items are escalated via the proper channels.

+ Provide support for all necessary governance reporting.

+ Provide transactional processing support for respective products.

+ Provide oversight and support to our off shore centres.

+ Provide effective and pro-active communication to all our off shore centres, other stakeholders and clients

+ Provide creative solutions to reduce errors and to ensure adherence to audit and control policies.

+ Provide back-up coverage for team members and assist team members during high volume periods.

+ Perform price variance analysis.

+ Respond to queries raised by internal stakeholders as well as clients.

+ Meet reporting deadlines in accordance with the client’s requirements.

+ Participate in quarterly MCA reviews.

**To be successful in this role you will have the following skills/experience:**

+ Bachelors qualification in Finance / Accounting

+ Accounting qualification or part qualified, such as CPA, ACCA or CIMA is an advantage.

+ Strong understanding of Unit Pricing

+ Strong understanding of Superannuation Funds

+ Strong understanding of Unit Registry / Transfer Agency

+ Exposure to managed fund products

+ Understanding of global financial markets.

When you work at Citi, you’ll be working for an organization that truly has a global footprint and a powerful network that spans the globe. We celebrate individual ingenuity and leverage the diversity of our people in order to drive high performance. Through dedicated support, training and resources, we promote our talent and future leaders to bring about lasting and positive impact. Citi continues to be an Employer of Choice for Women and supports a flexible work environment.

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Grade :All Job Level – All Job FunctionsAll Job Level – All Job Functions – AU


Time Type :Full time


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Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.