Job Description

You'll report to the Director, Nexus, Client Delivery. Your responsibilities will include:

• Providing full-range fund accounting and administration services to private equity clients, including NAV preparation and review, custody servicing, investor record-keeping, and reporting.
• Managing a team of Fund Accountants in performing accounting and administration service delivery to customers and training staff on all aspects of the NAV process.
• Working with banks, auditors, brokers, and custodians to ensure smooth service delivery to customers and completion of NAV.
• Reviewing and approving fee schedules, including calculation of management and carried interest, ensuring all calculations follow applicable fund documents.
• Reviewing and approving investor allocations for each NAV cycle, waterfall calculation, and reviews, custody trading documents, subscription and process capital calls, and distributions wires, ensuring execution as instructed by clients and deadlines are met.
• Working with both the internal AML team and administrators to ensure all AML requirements are met.
• Responding to all client queries.
• Reviewing and signing any schedules, reports, and files for review, ensuring they are completed in compliance with organizational controls.
• Allocating resources to ensure that all work is carried out and Service Level Agreement is met.
• Approving payment of fund expenses in applicable banking systems, ensuring controls are followed.
• Helping with the preparation and review of audited financial statements and annual audits.
• Reviewing reporting for regulatory authorities.
• Establishing fund or client-specific procedures covering all aspects of our services; ensuring cross-training and cover in place for all services provided to clients.
• Helping with the growth of the local office.
• Creating ideas for improving the NAV process, technological improvements, and client reporting.
• Participating in multiple system initiatives and projects.

Qualifications

• Post-secondary education/University Degree with a concentration in finance or accounting.
• 10+ years experience working in the fund administration industry with experience managing Staff, at least 6 of those working in a Private Equity role. This can include other administrators, investment managers or fund auditors
• Must be proficient with Microsoft Excel
• In-depth understanding of Private Equity fund administration industry. This includes multiple fund structures, Waterfall fee calculations types and Limited Partners Agreements review.
• 5+ years of experience with fund accounting software, Investran would be an asset.

Additional Information

What's in it for you to join MUFG Investor Services?

Take a look at our careers site and you'll find everything you'd expect working with one of the fastest-growing businesses at one of the world's largest financial groups. Now take another look. Because it's how we defy expectations that really defines us. You'll feel that difference in all kinds of ways. Our vibrant CULTURE. Connected team. Love of innovation, laser client focus and next-level LEARNING & DEVELOPMENT.

So, why settle for the ordinary? Apply now for your next Brilliantly Different opportunity.

We thank all candidates for applying; however, only those proceeding to the interview stage will be contacted.

This role is being hired to fill an existing vacancy.

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