Fund Accountant (Private Equity)

A prestigious investment management firm in Toronto is seeking a Fund Accountant with expertise in private equity to join their collaborative Finance Team. This is an exceptional opportunity for you to play a pivotal role in supporting the growth of a highly respected organisation that manages billions in capital and partners with leading investors across North America.

You will be immersed in a supportive, inclusive environment where your attention to detail, commitment to quality, and ability to work closely with both internal and external stakeholders will be highly valued.

What you'll do:

• Prepare and enter journal entries while maintaining the general ledger for multiple funds and related entities, ensuring accuracy and compliance at all times.
• Perform comprehensive quarterly reconciliations and detailed analysis of all accruals to support robust financial oversight.
• Research, recommend, and implement changes in fund accounting policies to enhance operational effectiveness and regulatory compliance.
• Liaise effectively with external auditors by providing timely information and supporting documentation during audit processes.
• Conduct daily bank reconciliations and reporting for funds and related entities, ensuring all cash movements are accurately tracked.
• Process and monitor debt collections, derivative settlements, disbursements to third parties, as well as administer bank wiring instructions while serving as a key point of contact for banking relations.
• Perform cash flow analysis, forecasting, budgeting, and manage debt rollover, credit facility administration, and hedge settlement notices.
• Prepare quarterly and annual financial statements including note disclosures under Canadian GAAP for funds and related entities.
• Assist in preparing capital account statements, performance reports for investors, compliance reporting (GST/HST, Income Tax, FATCA, CRS, KYC), board package materials, borrowing base certificates, compliance certificates, and other administrative duties related to credit facilities.
• Support fellow finance team members with daily tasks and participate in special projects as required to drive continuous improvement.

What you bring:

• An undergraduate degree in Finance or Accounting provides you with the foundational knowledge necessary for this role.
• A professional designation such as CPA (Chartered Professional Accountant), CA (Chartered Accountant), CMA (Certified Management Accountant), CGA (Certified General Accountant), or CFA (Chartered Financial Analyst) is preferred but not mandatory.
• At least two years of experience in fund accounting is essential; prior exposure to private equity environments is highly desirable.
• Comprehensive understanding of accounting principles with proven experience reporting under Canadian GAAP or IFRS ensures technical proficiency.
• Advanced Microsoft Excel skills coupled with aptitude for various computer applications enable efficient data analysis and reporting.
• Demonstrated experience managing accounting functions with regular daily/monthly deliverables highlights your dependability.
• Strong capital markets knowledge along with familiarity with financial instruments—including derivatives—supports effective decision-making.
• Working knowledge of investment/fund accounting systems is important; experience using Allvue software would be considered an asset.
• Proven ability to initiate process improvements demonstrates your commitment to enhancing operational efficiency.
• Excellent communication skills—both written and verbal—combined with well-developed interpersonal abilities foster positive stakeholder relationships.

What's next:

If you are ready to take the next step in your fund accounting career within private equity—where your expertise will make a real difference—we encourage you to apply now!