Private Equity Fund Accountant

This is a fully remote position, open to applicants in Canada.

📋 Description

• Assisting in the timely preparation of net asset value calculations, which involves recording capital activities such as capital calls and distributions.

• Documenting cash activities and conducting cash reconciliations.

• Pricing portfolios in alignment with the funds’ offering documents.

• Ensuring that fund income and expenses, including management and performance fees, are accrued in compliance with relevant accounting standards.

• Preparing Investor Statements and contract notes.

• Assisting in the preparation of financial statements.

• Supporting requests for year-end audits and tax reporting.

• Addressing ad-hoc reporting requests as needed by clients.

• Processing cash transactions, including posting GL entries, investment purchases and sales, and corporate actions.

• Reviewing investment supporting documentation to ensure the accuracy of bookings.

• Refreshing the NAV Workbook following each cash transaction and resolving any discrepancies.

• Preparing and reconciling income and expense accruals, including calculating administrative fees, management fees, and carried interest in accordance with relevant accounting standards.

• Refreshing Financial Statements and addressing any discrepancies.

• Uploading Fund Pricing schedules.

• Running NAV reporting packages.

• Refreshing Tax and AWP workbooks.

• Entering capital calls and distributions.

• Preparing investor notices.

• Engaging with clients to assist with inquiries, ad-hoc requests, and providing support.

• Aiding in year-end audits and coordinating with audit and tax providers.

• Collaborating with the Investor Services team on updates and investor/client requests.

• Working with internal and external parties to fulfill client requirements and address investor inquiries.

• Updating Wrike daily to ensure work status is current and deadlines are met.

• Supporting the SOC Audit and supplying necessary documentation for samples.

• Documenting procedures related to funds.

• Preparing sub-close calculations, including equalization and equalization interest on an investor-by-investor basis.

• Providing cash management services for distributions and fund expenses.

• Performing Waterfall and carried interest calculations.

⛳️ Requirements

• Previous experience in fund accounting is preferred but not essential.

• Knowledge of closed-ended funds is desirable but not mandatory.

• An accounting designation is preferred but not required.

• Proficient in Microsoft Excel.

• Excellent interpersonal and communication abilities.

• Strong organizational skills.

• Capacity to manage multiple demands, competing priorities, and rapid changes.

• Ability to effectively allocate time and manage tight deadlines.

• Prior experience with PFS-Paxus is advantageous but not essential.

• Proficient in managing personal time and workload to ensure internal and external deadlines are met.

🏝️ Benefits

• Comprehensive Extended Health Benefits.

• RRSP Employer Match Program.

• Competitive Salary.

• Annual discretionary bonus.

• Educational Support.

• Emphasis on Work-Life Balance.

• Remote work environment with occasional in-office days for learning, relationship building, collaboration, and socialization.

• Exposure to all facets of the business.