Manager, Fund Finance (Private Equity)

A leading Private Equity business is seeking a Manager, Private Equity Fund Finance in Toronto. This role offers a key position within the fund finance team of a respected organisation committed to long-term value and responsible stewardship. You’ll join a collaborative, inclusive environment with strong professional development, using your fund accounting expertise while contributing to global investment success, flexible work, and competitive benefits.

Key Responsibilities:

In your capacity as Manager, Private Equity Fund Finance based in Toronto, you will be entrusted with oversight of critical financial processes pertaining to closed-end private equity funds. Your daily activities will encompass managing intricate reporting cycles, reviewing complex financial statements prepared by fund administrators, coordinating transaction execution support across multiple departments, and ensuring compliance with prevailing industry regulations. You will engage regularly with internal divisions such as Taxation, Legal Affairs, Compliance, Investor Relations, Information Technology, Investment Teams as well as third-party partners including auditors and banking institutions. Success in this role necessitates meticulous attention when handling multifaceted fund structures while maintaining open channels of communication across diverse stakeholder groups. Your ability to respond adeptly to shifting priorities will be essential as you contribute both to routine deliverables and special projects designed to enhance operational efficiency within the finance function.

• Supervise quarter-end and year-end processes for multiple closed-end private equity funds, ensuring all financial reporting deadlines are met with precision and accuracy.
• Cultivate relationships with fund administrators to facilitate the timely delivery and issuance of quarterly investor reports, maintaining clear and courteous communication throughout each reporting cycle.
• Review accruals, billings, management fee calculations, investment ledgers, and waterfall calculations for several funds and related entities to ensure adherence to internal standards.
• Scrutinise quarterly and annual account packages received from fund administrators for various private equity funds and associated entities, providing detailed feedback as necessary.
• Coordinate all facets of investment transactions including LPA compliance, performance calculations, foreign currency management, treasury operations, cash management, and investor communications by liaising with internal teams and external stakeholders.
• Collaborate closely with fund auditors during the year-end process to support audit requirements and resolve any queries efficiently.
• Monitor new accounting pronouncements under US GAAP, IFRS, and Canadian GAAP; assess their implications for fund operations and implement requisite changes.
• Support ongoing reporting deliverables such as compliance certifications, credit facility compliance documentation, regulatory filings, and other statutory requirements for the funds.
• Review quarterly and annual accounts for several internal entities to ensure alignment with organisational policies.
• Assist client service teams in managing the investor portal and responding promptly to investor enquiries regarding fund performance or documentation.
• Participate in special projects initiated by the Private Equity Fund Finance Team or collaborate with other corporate groups on cross-functional initiatives.
• Undertake ad-hoc duties as assigned by senior management to support evolving business needs.

Key Requirements:

To excel as Manager, Private Equity Fund Finance you will bring demonstrable experience from analogous roles within asset management or private equity sectors. Your CPA designation underscores your technical acumen while your thorough understanding of international accounting standards ensures robust financial governance. You possess refined interpersonal abilities that foster effective collaboration across multidisciplinary teams—whether supporting transaction execution or addressing investor enquiries with tact. Your analytical disposition enables you to interpret complex data sets without overlooking crucial details. A dedication to continuous improvement motivates you towards implementing best practices whilst upholding high standards of integrity. Your maturity equips you to handle confidential information discreetly whilst articulating intricate concepts confidently both internally and externally. Above all else, your reliability renders you an invaluable contributor who supports colleagues through periods of transition.

• CPA qualification is mandatory for this position; your professional certification attests to your adherence to best practices in accounting.
• A minimum of seven years’ relevant finance experience within asset management or private equity environments is required for optimal performance in this role.
• Valuations experience is considered highly advantageous; your capacity to evaluate complex investment portfolios will be greatly appreciated.
• Comprehensive understanding of US GAAP, IFRS, and Canadian GAAP reporting guidelines is indispensable for accurate financial oversight.
• Demonstrated knowledge of fund structures including fee calculations, trading strategies, financial instruments, and fund offering documentation is essential.
• Exceptional attention to detail coupled with excellent written and verbal communication skills ensures clarity in all professional interactions.
• Advanced proficiency in Microsoft Excel is required; familiarity with Investran software would be beneficial though not obligatory.
• Ability to initiate projects independently whilst effectively managing multiple concurrent deadlines reflects your dependable work ethic.
• An entrepreneurial spirit combined with a team-oriented approach enables you to flourish within collaborative environments focused on collective achievement.
• Sound judgement and adaptability allow you to devise thoughtful solutions that consider broader organisational context whilst responding positively to changing demands.

What sets this company apart:

The company is distinguished by its long-term responsible investment approach, culture of collaboration and diverse perspectives, flexible work and strong benefits, deep ESG integration, and commitment to continuous learning and inclusive employee growth.

What's next:

If interested in this position, please email Jack.Mehta@robertwalters.com