The Opportunity:Reporting to the Managing Director - Head of Fund Operations, Onex Credit based in New Jersey, you will focus primarily on fund accounting and performance reporting for various products including closed and open-ended funds along with separately managed accounts. Key responsibilities include the review of NAV estimates produced by external administrators, oversight of audited financial statements for various funds and the management company, review consolidation reporting of funds/management company to parent (Onex), review daily and monthly pricing for all assets in funds, as well as producing P&L and performance data for use by senior management/marketing on an ad-hoc basis. This role will be based in Toronto.
Key Responsibilities:- Mentor, and train fund accounting team members
- Implement controls and processes with other finance team members to ensure accurate data and consistency across products
- Review critical daily transactions posted by Custodians/Prime Brokers
- Review month-end close processes/financial statement preparation
- Analyzing fund performance on a daily, monthly, and quarterly basis
- Review the administrator monthly estimated and final NAV package and reconciliation with internal shadow books
- Provide strong oversight of internal shadow books and reconciliation with the administrator's records
- Oversee the monthly or quarterly issuance of investor capital statements
- Manage the investor capital call and distribution process
- Work with auditors to review year-end financial accounts
- Maintain strong consistent communication and cooperation with the Fund Finance, Portfolio Management, Marketing and Legal teams along with other groups to support the operations of the credit platform
- Respond to client inquiries and perform ad-hoc duties as assigned
Candidate Profile:- Minimum 10 years related experience; CPA is strongly Preferred
- Strong understanding of US GAAP and IFRS reporting guidelines
- Strong understanding of master feeder fund structures, fee calculations, trading strategies
- Experience working with bank debt, bonds, equities, and FX swaps
- Experience working with alternative asset portfolio administration and general ledger applications; Advent Geneva and Wall Street Office is a plus
- Proficiency in Microsoft Excel
- Excellent written, communication and presentation skills and a friendly, service-oriented attitude.
- Ability to self-start, multi-task and positively deal with a shifting demand for time
- Presence and self-confidence to interface with the key constituents of the firm including clients, senior executives and other stakeholders
Additional information:This position is for a current vacancy.
