Fund Reporting, Fund Operations, Private Equity

ONEX • Toronto, ON

1d • Onsite

About The Position

Reporting to the Director, Fund Operations based in Toronto, you will focus primarily on fund accounting and support for Onex’ closed-end private equity funds. Key responsibilities include the review of quarterly and annual financial reports for the funds and related entities, transaction execution support, the completion of compliance deliverables, supporting and providing input to team projects and ad-hoc duties, on an as needed basis. This role will regularly interact with various corporate groups at Onex, including Tax, Legal, Compliance, Investor Relations, Enterprise Technology, and the Investment Teams; and as well the various third-party vendors, including fund auditors, fund administrators, banking partners and Finance IT vendors.

Requirements

• CPA Preferred
• Minimum 3 years related experience
• Strong understanding of US GAAP, IFRS and Canadian GAAP reporting guidelines
• Be able to demonstrate an understanding of funds, fund structures, fee calculations, trading strategies, financial instruments and fund offering documentation.
• Experience working with bank debt, bonds, equities, and FX swaps
• Attention to detail and excellent communication skills necessary
• Proficiency in Microsoft Excel a must and Investran experience preferred
• Ability to self-start, multi-task, and meet deadlines
• Entrepreneurial, team-oriented work ethic and personality
• Judgment and Flexibility: Thinks about issues and develops solutions that thoughtfully take the broader context into account. Positively deals with a shifting demand for time, priorities, and the rapid change of your environment
• Ownership and Initiative: Takes ownership for and “rolls up sleeves” to meet objectives
• Excellence: Demonstrates accuracy and thoroughness. Ensures quality and demonstrate a strong attention to detail and follow-through. Commits to implementing best practices and continuous improvement
• Presentation: Clearly and confidently communicates and presents complex concepts, analysis, ideas, and information internally and externally
• Presence and self-confidence to interface with the key constituents of the firm including clients, senior executives and other stakeholders
• A pattern of excellence, both personally and professionally, demonstrated by the individual’s education, career track record, intellect, and professional reputation
• A high standard of integrity and ability to maintain the highest degree of confidentiality
• Self-awareness, maturity, irreproachable integrity
• A strong work ethic and seeks to complete work effectively and efficiently

Responsibilities

• Preparation of quarterly and annual accounts and records for numerous internal entities
• Support and review corporate processes throughout quarter-end and year end processes
• Prepare and review accruals and billings, management fee calculations, waterfall calculations
• Review of quarterly and annual account packages from the fund administrator for a number of private equity funds and related entities
• Support Fund Managers throughout quarter-end and year-end processes
• Support Fund Managers and fund administrators in the delivery and issuance of quarterly investor reporting
• Liaise with fund auditors throughout year-end process
• Oversee and support all other ongoing reporting deliverables of the Funds, including compliance certifications, credit facility compliance and regulatory reporting
• Support Fund Managers in all aspects of investment transactions, including LPA compliance, reporting and performance calculations, foreign currency management, treasury and cash management, and investor communications. This involves interacting with various corporate groups, senior management of the Investment Teams and external stakeholders.
• Monitor, assess and implement new accounting pronouncements impacting the Funds under US GAAP, IFRS and Canadian GAAP.
• Support client service team and fund administrators in the oversight of the investor portal
• Support client service team in the completion of investor inquiries
• Assist with special projects led by the Private Equity Fund Finance Team or in collaboration with other corporate groups
• Perform other ad-hoc duties as assigned

Benefits

• The expected base salary range for this position is C$85,000-$110,000 on an annualized basis.
• All-in compensation may vary based on several factors, such as relative experience, education level attained, certification(s), geographical location, etc. to account for local market conditions.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed