Fund Accounting - Fund Accountant Citco Employee Review

1.0
Jan 10, 2017
Recommend
CEO approval
Business Outlook

Pros

> Casual dress code > Routine work > Ability to meet a good bunch of people (at least used to) >FS's can become SFA's in about 3 yrs

Cons

> Very slow career progression (3 yrs to become senior fund accountant) > Company culture values productivity over everything else, ZERO care for employee satisfaction > With new system improvements, and ability to move jobs to Asia, they really don't care about Toronto staff in the next few years company will shrink > An attitude of lying and making you chase promotions for years is common practice

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Citco Response
9y
Dear Colleague - We appreciate you taking time to write a review - but want to take this opportunity to clarify some information around your impressions. Actually a more accurate average timeframe for promotion of a Fund Accountant to an SFA in the Toronto office is 2 - 2.5 years. Of course sometimes the cycle can take longer depending on the level of experience and progress of an employee. It is also quite typical for that office to have a robust number of promotions at mid year and year end. This year end there were over 70 promotions! Additionally the Toronto office is seeing lots of new funds coming in, and has many job openings as a result; as a strategic center for Citco this office is continuing to grow with new business. Employees are encouraged to discuss their concerns with HR or senior management to ensure they are getting the most accurate information about the firm.

Explore other reviews about Citco

5.0
Apr 8, 2026
Recommend
CEO approval
Business Outlook

Pros

Great work culture and energy from people

Cons

Work can become tedious at times

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Citco Response
2mo
Thank you for the 5 star review, It is great see you experiencing our work culture and the camaraderie you have with your colleagues. We would also encourage you to explore more internal communication channels available to you to address your specific concerns. Thank you for sharing comments and for the 5 star review!
4.0
Mar 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Its best to work here for a few years and gain experience elsewhere.

Cons

Company went from 2 days on-site to now 3 days on-site, i dont mind it but this company has low morale and all the employees are sick of this place now. If you want a high salary but no opportunity to advance this is the place for you. 80% of the company is senior level and no room for growth or promotional opportunities.

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Citco Response
2mo
Thank you for the 4 star review. We strive for work life balance with our hybrid working policy, working in the office as a team contributes to our collaborative ethos in Citco. We would also encourage you to explore more internal communication channels available to you to address your specific concerns.
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