Fund Accountant

This is a remote position.

Location:

Remote, Working Hours: Toronto Time, Full-time (37-40 hours per week), Monday to Friday 8am to 5pm Toronto Time

Company Overview:

Our group is a leading asset management and commercial finance firm specializing in private credit and alternative investments. Our firm manages a diverse range of funds across structured credit, asset-backed lending, and SME loan portfolios. We are seeking an exceptionally detail-oriented and hard-working Fund Accountant to support our accounting and reporting needs with a focus on our private credit structures.

Job Summary:

The Fund Accountant will provide critical support in accounting, reporting, and operational processes for the firm’s private credit fund structures. This role requires a highly conscientious, persistent, and meticulous individual who thrives in a fast-paced and complex environment. While experience with fund accounting systems is a plus, strong general accounting skills and the ability to adapt quickly are key.

Key Responsibilities:

• Accounting and Reconciliation:
  
• Accurately record and reconcile transactions, including:
  
• Investment/portfolio activity
  
• Inter-affiliate transactions
  
• Currency and forward/swap transactions
  
• Capital stock transactions (purchases, redemptions, and distributions)
  
• Maintain accurate fund-specific metrics, including performance reporting and related calculations
  
• Financial and Management Reporting:
  
• Prepare and review financial and management reports, including IFRS, US GAAP, and custom/ad-hoc reporting.
  
• Assist with generating fund-specific metrics and investor performance reporting.
  
• Liquidity and Bank Oversight:
  
• Help manage liquidity by reconciling cash balances and monitoring bank activities from an accounting perspective.
  
• Record and track activity related to revolving credit facilities and inter-entity cash flows.
  
• Currency Hedging Support:
  
• Assist with accounting entries and reconciliations for currency hedging strategies, including forward contracts and swaps, ensuring accurate reflection in financial records.
  
• Special Projects and Investigations:
  
• Conduct thorough investigations into complex operational questions and reconcile discrepancies.
  
• Provide support on ad-hoc projects, such as system enhancements and process improvements.
  
• Compliance and Tax Reporting Support:
  
• Assist with preparation of schedules and other materials required for regulatory and tax reporting purposes.
  

Requirements

Qualifications:

• Education and Experience:
  
• Bachelor’s degree in Accounting, Finance, or a related field.
  
• At least 3 years of relevant accounting experience, ideally with exposure to financial services, private credit, or alternative investments.
  
• Key Traits:
  
• Extremely detail-oriented, conscientious, and hard-working.
  
• Persistent and meticulous in resolving discrepancies and delivering accurate work.
  
• Strong organizational skills with the ability to meet deadlines in a fast-paced environment.
  
• Technical Skills:
  
• Proficiency in general accounting systems; familiarity with fund accounting platforms is a plus but not required.
  
• Strong Excel skills.
  
• Working knowledge of IFRS and/or US GAAP reporting standards.
  
• Soft Skills:
  
• Clear and effective communicator.
  
• Strong analytical and problem-solving abilities.
  

Additional Information:

• Work Hours: Must be available during Toronto business hours.
  

Benefits

Independent Contractor Perks

• HMO Coverage for eligible locations
• Permanent work from home
  
• Immediate hiring
  
• Steady freelance job