Senior Manager, Fund Accounting

Job title:

Senior Manager, Fund Accounting

Company

Robert Half

Job description

Job Description:Our client is seeking two experienced Senior Managers, Fund Accounting to join their team. Both roles require CPA designations and offer competitive base salaries, along with exceptional benefits. These positions are located in the downtown core and report directly to the respective CFOs responsible for hiring these roles.Private CreditThis role is pivotal in supporting the expansion of our client’s Private Credit retail strategies. Responsibilities include:

• Manage the finance team dedicated to Private Credit retail strategies; Oversee the accounting and reporting for complex fund structures, ensuring accuracy and compliance with industry standards.
• Work closely with investment team members, investors, lenders, and service providers.
• Oversee the preparation and delivery of timely and accurate financial statements, lender and investor reports, regulatory filings, including tax; Manage the full cycle of fund accounting activities, including journal entries, bank reconciliations, capital activity, distributions, and valuation adjustments.
• Manage audit and regulatory requirements.
• Participate in and/or lead special projects, including the creation of new funds.

Venture CapitalThis role involves overseeing fund accounting operations for various venture capital funds. Responsibilities include:

• Lead and mentor a team of finance professionals; Oversee the accounting and reporting for complex fund structures in multiple jurisdictions, ensuring accuracy, efficiency, and compliance with industry standards (IFRS).
• Build and maintain strong relationships with internal and external stakeholders, including investment teams, legal, tax advisors, and fund administrators.
• Ensure the accuracy of quarterly financial statements and investor reporting for various entities, including closed-end funds, master-feeders, and special purpose vehicles; Manage the fund’s capital activity process, including capital calls, distributions, rebalances, transfers, and carried interest calculations.
• Assist with the design and implementation of robust processes and controls to enhance efficiency and ensure adherence to the firm’s compliance program; Participate in and/or lead special projects, such as launching new funds or implementing new technologies.

Requirements:REQUIREMENTS:Senior Manager Fund Accounting – Private Credit TeamExperience required: CPA. 10+ years in fund accounting and administration, focusing on private and/or open-ended funds. A minimum of 5-7 years of leadership experience.Specialization: Private credit experience is preferred.Senior Manager Fund Accounting – Venture Capital TeamExperience required: CPA. 10+ years in managerial fund accounting and administration, with a strong focus on closed-ended funds. A minimum of 5-7 years of leadership experience.Specialization: Experience with venture capital, private equity, or hedge funds is mandatory.If you match these requirements, we encourage you to apply online using the reference “Senior Manager Fund Accounting.” Please kindly note that, due to a high volume of applicants, we will only be able to further engage with those whose profiles most closely match our client’s requirements. Robert Half expresses sincere gratitude to all prospective candidates for their continued interest.

Expected salary

$155000 – 175000 per year

Location

Toronto, ON

Job date

Thu, 20 Feb 2025 03:59:54 GMT

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