The Citco Group Limited Hiring Financial Reporting Team Lead in Hyderabad
The Citco Group Limited, a global leader in financial services, is seeking an experienced and skilled Financial Reporting Team Lead to join their team in Hyderabad. This is an exciting opportunity for finance professionals to take on a leadership role in a renowned organization with a strong reputation for excellence and innovation in the financial services industry.
Job Title: Financial Reporting Team Lead
Location: Hyderabad, India
Organization: The Citco Group Limited
Role Overview
As the Financial Reporting Team Lead, you will be responsible for overseeing the financial reporting processes, ensuring accuracy and compliance with regulatory standards, and leading a team of finance professionals. This role offers a chance to contribute to high-level financial decision-making and drive operational excellence within the organization.
Key Responsibilities
- Under limited supervision, prepare and review annual, semi-annual and quarterly financial statements in accordance with GAAP or IFRS, as required.
- Lead assigned engagements including planning, budgeting, client relationship management and delegating to staff. Monitor and report out-of-scope time.
- Ensure accuracy of footnote disclosures in accordance with accounting, reporting, and regulatory standards. Review legal documents governing the fund to ensure appropriate financial statement disclosure structure.
- Present to or exchange information internally, with clients and outside auditors. Coordinate year-end financial statement process. Contribute to identifying, researching, and communicating recent authoritative pronouncements to CFS offices globally.
- Identify errors or problems and independently investigate; recommend solutions to team members or managers.
- Writing and/or reviewing various reports related to engagements. Prepare adhoc reports for the client upon request. Troubleshoot Fund Accounting issues. Attend meetings and training to enhance knowledge to be passed down to the Financial Reporting Staff and Senior Accountants.
- Recognize and communicate potential opportunities for new clients as well as value added service enhancements for existing clients and management. Assist manager in preparing Request for Proposals for prospective clients.
- Provide guidance to team members to motivate and help strengthen specific knowledge areas needed to accomplish team goals.
Eligibility Criteria
- Five to seven years of asset management accounting experience in either an Audit Firm, Hedge Fund, Hedge Fund Administrator or other financial institution where the accountant has gained financial products knowledge
- Previous Financial Statement review and/or preparation experience
- Strong knowledge of U.S. GAAP and IFRS, pronouncements specifically related to the alternative funds industry, is required
- Advanced knowledge in complex derivatives
- Bachelor’s degree in Accounting, Finance or Economics
- CPA, CA or other professional designation preferred
- Ability to travel as necessary
- Good communication and writing skills
- Proficient in Microsoft Office products such as Excel and Word
- Proficient in navigating Bloomberg
- Team oriented
Why Join The Citco Group Limited?
- Global Presence: Be part of a leading financial services firm with a strong global presence.
- Career Growth: Opportunities for professional development and career advancement within a dynamic and supportive environment.
- Competitive Compensation: Attractive salary packages and comprehensive benefits.
- Innovative Culture: Work in an environment that fosters innovation, collaboration, and excellence.
How to Apply
- Visit the Citco Careers Page: Navigate to the Citco Group Careers Portal.
- Submit Your Application: Upload your resume and cover letter, detailing your qualifications and experience.
About The Citco Group Limited
The Citco Group Limited is a leading global provider of fund services, corporate services, and capital markets services. With a commitment to excellence and innovation, Citco offers a range of solutions to clients across the financial services industry. Headquartered in [Location], the firm has a robust international presence and a track record of delivering high-quality services.