Private Equity Fund Manager

Pinnacle Fund Services

2d•Hybrid

About The Position

Pinnacle Fund Services (“Pinnacle”) is a privately-owned company headquartered in Vancouver that provides high-quality accounting and administrative services to hedge funds, private equity funds, and other investment vehicles in Canada, the United States and internationally. Pinnacle provides clients with responsive service and provides employees with a dynamic workplace and career growth potential. To deliver services to our growing client base, Pinnacle is seeking candidates for Manager to join our Private Equity Team. As a Manager in the Private Equity Team you will be responsible for leading the relationship of a portfolio of private equity clients, responsible for reviewing client NAVs and contributing to the overall management of Pinnacle through active participation within the Management Team. You will work with close-ended Funds specializing in private equity, private debt, real estate and venture capital. We are looking for proactive team players with a strong work ethic to join our growing entrepreneurial company. Candidates with prior experience in Fund Administration or the fund industry will find this role particularly appealing as it presents a significant opportunity for career advancement with Fund Administration. This position offers an exciting pathway for professional development.

Requirements

Prior experience in the fund industry of at least 3-5 years is required
Prior experience in a managing role of at least 2 years managing client relationships, deliverables and communication
In-depth knowledge of closed ended funds required
Accounting designation required
Strong knowledge of accounting concepts
Strong knowledge of Microsoft Excel
Solid interpersonal and communication skills
Strong organizational skills
Ability to handle multiple demands, competing priorities, and constant change
Ability to allocate time effectively and manage tight deadlines

Nice To Haves

Prior experience with PFS-Paxus is desired, but not required

Responsibilities

Management of a portfolio of client relationships
Reviewing and approving net asset valuations performed by fund accountants prior to release to clients and investors, which includes: Reviewing capital activity such as capital calls & distributions, Reviewing the general ledger, Reviewing cash activity and cash reconciliations, Reviewing income and expenses, including management and performance fees and ensuring they are accrued for and are in accordance with relevant accounting standards, Reviewing Investor Statements and contract notes, Reviewing pricing information provided by clients for Level 3 investments, Reviewing financial statements
Managing year-end audits/tax reporting with clients’ and independent auditors and ensuring fieldwork is completed on schedule
Actively manages staff’s time and workload effectively ensuring both internal and external deadlines are met
Ability to manage their own time and workload effectively to ensure both internal and external deadlines are met
Actively manages client request’s and ensures staff are responding to queries in a timely and professional manner
Ability to prioritize multiple client requests and determine which require escalating to Senior Management
Coordinates with all relevant teams internally (e.g. Compliance, Investor Services) to ensure processes and workflows are aligned to meet client needs
Ensuring all processes and output are consistent with Pinnacle’s policies and procedures and that Pinnacle’s control environment is maintained
Identifies and implements solutions to improve processes, communication, efficiency, workflow, etc.
Provides technical accounting/industry knowledge to clients
Provides ample time to coach, develop and train junior staff
Perform performance appraisals for staff and aid in their ongoing development and goal setting