Senior Fund Accountant, Private Markets

MUFG Investor Services•Toronto, ON

5h•CA$72,000 - CA$105,600•Hybrid

About The Position

The Senior Associate will support the day-to-day administration and financial reporting service requirements for our Private Equity and Private Debt clients. The role will include the below key tasks.

Requirements

Post-secondary education/University Degree with a concentration in finance or accounting.
Some years experience working in the fund administration industry with experience managing Staff. This can include other administrators, investment managers or fund auditors
Must be proficient with Microsoft Excel
In-depth understanding of fund administration industry. This includes multiple fund structures, fee calculations, financial instruments and fund offering documentation review.

Nice To Haves

Existing experience with fund accounting software Geneva, Investran or Yardi would be an asset
Have a working knowledge of Bloomberg would be beneficial but not necessary

Responsibilities

Review financial data received from Private Equity / Private Debt clients and load to our internal accounting systems.
Assist with setting up, preparing and reviewing consolidations through the investment structure using various consolidation rules.
Process payment of fund expenses in applicable banking system.
Book journal entries related to cash payments and accruals.
Prepare third party reconciliations of investments and cash.
Prepare capital call and distribution calculations and notices.
Prepare fee schedules including calculation of management fees and carried interest, ensuring all calculations observe applicable fund documents.
Prepare investor allocations for each NAV cycle ensuring capital transactions are booked correctly and P&L is allocated correctly.
Prepare NAV packages and other ad hoc deliverables as defined in the service level agreements.
Collaborate with client, banks, auditors and other third parties to ensure smooth delivery to clients and completion of deliverables.