Hedge Fund Accountant

Pinnacle Fund Services•Toronto, ON

1d•CA$57,000 - CA$70,000•Hybrid

About The Position

Join our team as a Hedge Fund Accountant and help manage client accounts while contributing to Pinnacle’s growth. We are looking for proactive team players with strong work ethics who thrive in an entrepreneurial environment. If you have strong accounting skills and aim to grow in Fund Administration, this role is perfect for you. You will work closely with experienced professionals, supporting client finance teams and facing daily challenges in a supportive and appreciative work environment. Gain valuable experience with various hedge fund structures across Canada, the United States, and Cayman Islands, enhancing your career in finance.

Requirements

Undergraduate degree in accounting, finance or business administration is required
Strong knowledge of accounting concepts
Strong knowledge of Microsoft Excel
Solid interpersonal and communication skills
Strong organization skills
Some understanding of various investment types (equities, bonds, options etc.)
Ability to handle multiple demands, competing priorities, and constant change
Ability to allocate time effectively and manage tight deadlines for multiple demands

Nice To Haves

Prior Fund Accounting experience is desired, but not required

Responsibilities

Assisting with net asset value calculations on a timely basis for the assigned portfolio of clients, which includes: Preparing and recording capital activity and distributions, Maintaining the general ledger, Recording and reconciling investment activity, Performing cash reconciliations
Ensuring fund income and expenses, including management and performance fees, are accrued for and are in accordance with relevant accounting standards and offering documents
Processing all investor-related transactions (e.g. subscriptions, redemptions)
Preparation of investor statements and contract notes
Preparation of financial statements
Review security prices for accuracy, ensure corporate actions are properly reflected
Supporting year-end audit and tax reporting with client and auditors
Responding to ad-hoc reporting requests as required by clients