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Citco Fund Accountant Interview Questions, Process, and Tips
Top Citco Fund Accountant Interview Questions and Answers
- Q1. 1) What is hedge fund? 2) What is IRR and formula? 3) Journal entry for Accrual and Prepaid?
- Q2. 4) What is retained earnings? 5) What is capitalisation of interest ?
- Q3. Difference between Mutual fund and hedge fund
Citco Fund Accountant Interview Experiences
27 interviews found
Anonymous
I applied via Naukri.com and was interviewed in Dec 2022. There were 3 interview rounds.
11 sets total time was 1 hour ques asked were on english logical reasoning audit sfm fr etc
(2 Questions)
- Q1. 1) What is hedge fund? 2) What is IRR and formula? 3) Journal entry for Accrual and Prepaid?
- Ans.
Fund Accountant interview questions on hedge funds, IRR formula, and journal entries for accrual and prepaid.
Hedge fund is an investment fund that pools capital from accredited individuals or institutional investors and invests in a variety of assets.
IRR (Internal Rate of Return) is a metric used to measure the profitability of an investment. Formula: NPV = 0 = CF0 + CF1 / (1 + IRR) + CF2 / (1 + IRR)^2 + ... + CFn / (1...
- Q2. 4) What is retained earnings? 5) What is capitalisation of interest ?
- Ans.
Retained earnings are the portion of a company's profits that are kept by the company instead of being distributed as dividends.
Retained earnings are a measure of a company's financial health and its ability to reinvest in itself.
They are calculated by subtracting dividends paid to shareholders from the company's net income.
Retained earnings can be used for various purposes such as research and development, debt reduct...
Interview Preparation Tips
Interviewer were VP and AVP of citco.
I applied via Company Website and was interviewed in Mar 2022. There were 2 interview rounds.
(4 Questions)
- Q1. - Introduce yourself - What is a Hurdle rate
- Ans.
A hurdle rate is the minimum rate of return required by an investor to invest in a project or fund.
Hurdle rate is used to determine if an investment is worth pursuing
It is usually set above the risk-free rate of return
If the investment does not meet the hurdle rate, it is considered not profitable
Hurdle rate varies depending on the investor's risk tolerance and the nature of the investment
Example: A hedge fund may have...
- Q2. There was also a call with the HR before aptitude test to test your knowledge about gund accounting
- Q3. Difference between Mutual fund and hedge fund
- Ans.
Mutual funds are open to all investors, while hedge funds are only open to accredited investors.
Mutual funds are regulated by the SEC, while hedge funds are not.
Mutual funds are more diversified, while hedge funds are more focused on specific strategies.
Mutual funds have lower fees, while hedge funds have higher fees and require larger minimum investments.
Mutual funds are required to disclose their holdings regularly, ...
- Q4. - Clawback provision
Interview Preparation Tips
- Accountancy concepts
- Fund Accounting
- Interview process took almost 2 months
- Strict company policy regarding compensation and other benefits, a CA fresher or someone with good fund accounting knowledge can get more CTC for a similar profile with some other organisation
Selected
I applied via Campus Placement and was interviewed before Feb 2023. There were 3 interview rounds.
LR, English , Capital market , percentage ,
(2 Questions)
- Q1. Video interview
- Q2. Basic of accounting
(1 Question)
- Q1. Equity , bond , derivatives , capital market , Alternative Investment
Interview Preparation Tips
What people are saying about Citco
Selected
I applied via Referral and was interviewed before Feb 2023. There were 3 interview rounds.
What is derivatives and other products
(1 Question)
- Q1. What is financial products and financial market
- Ans.
Financial products are instruments or contracts that represent a financial interest, while financial markets are platforms where these products are traded.
Financial products are instruments or contracts that allow individuals or organizations to invest, save, or manage risk.
Examples of financial products include stocks, bonds, mutual funds, derivatives, insurance policies, and loans.
Financial markets are platforms wher...
(1 Question)
- Q1. Corporate action and other impact on products
Citco interview questions for designations
Selected
I applied via Referral and was interviewed before Mar 2023. There were 2 interview rounds.
Including maths, logic reasoning and accounting
(2 Questions)
- Q1. Journal entries
- Q2. Master feeder structure
Interview Preparation Tips
Get interview-ready with Top Citco Interview Questions
Selected
I applied via Recruitment Consulltant and was interviewed before Mar 2023. There were 2 interview rounds.
There are 3 section, Basic Quant, English and Accounting questions
(1 Question)
- Q1. Ask Basic accounting questions
Fund Accountant Jobs at Citco
Selected
I applied via Referral and was interviewed before Mar 2023. There was 1 interview round.
(2 Questions)
- Q1. Journal Entries
- Q2. Finnancial Products
Selected
I applied via Indeed and was interviewed before Feb 2023. There were 2 interview rounds.
(2 Questions)
- Q1. General questions about education
- Q2. General questions about work experience
(2 Questions)
- Q1. Why do you want to work for citco
- Q2. What is the difference between mutual funds and hedge funds
- Ans.
Mutual funds are open-end investment vehicles that pool money from multiple investors to invest in a diversified portfolio of securities. Hedge funds are private investment partnerships that use various strategies to generate high returns for a select group of investors.
Mutual funds are regulated by the Securities and Exchange Commission (SEC) and are available to the general public.
Hedge funds are typically only avail...
(1 Question)
- Q1. Private equity,journal entries
Interview Preparation Tips
I applied via Campus Placement and was interviewed in Feb 2022. There were 2 interview rounds.
Math, General English, Subject related paper
(1 Question)
- Q1. Journal Entries relating to Accruals, Basics of Hedge Fund
Interview Preparation Tips
Citco Interview FAQs
The duration of Citco Fund Accountant interview process can vary, but typically it takes about less than 2 weeks to complete.
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Citco Fund Accountant Interview Process
based on 21 interviews
3 Interview rounds
- Aptitude Test Round
- HR Round
- Technical Round
Interview Questions from Similar Companies
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Citco Fund Accountant Reviews and Ratings
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Hyderabad / Secunderabad
4-8 Yrs
Not Disclosed
|
Supervisor
916
salaries
|  ₹8.2 L/yr - ₹21 L/yr |
|
Senior Fund Accountant
805
salaries
| ₹5 L/yr - ₹14.5 L/yr |
|
Fund Accountant
562
salaries
| ₹2.3 L/yr - ₹12.7 L/yr |
|
Operations Analyst
408
salaries
| ₹4 L/yr - ₹8 L/yr |
|
Senior Operations Analyst
386
salaries
| ₹4.4 L/yr - ₹10.9 L/yr |
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