No Career Growth, No Bonus, Low Salary Increment - Senior Fund Accountant Citco Employee Review

2.0
Feb 28, 2026
Recommend
CEO approval
Business outlook

Pros

-Stable consistent workflow although increasing workload -Decent pantry -Decent Office

Cons

-During Monthend period where fund accounting deadlines are tight, will have to do OverTime (OT) for that week. Lack of sleep or rest during that week. Although the company allows OverTime pay per hour, the management/boss always want to minimise costs, so they always ask you to decrease your hours on your timesheet or they don't approve. This means you work those OT hours for free. Either that or they pay you a few months later whereby the boss will not approve your timesheet so the company system will use the default amount of hours per week. - Salary for Fund Accountant is decent but the increment is really horrible. The increment hovers around 1% to 2.5% per year. This is absolutely horrible and there is no bonus for fund accountants each year. Literally getting a pay-cut if you consider inflation rate each year at 3% or more.

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
3w
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
1mo
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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