Supervisor, Fund Accounting - Private Assets

Job summary

Lead a team delivering fund accounting services to private equity clients, overseeing NAV calculations, financial statements, fund expenses, accounting reviews, client reporting, and compliance. Serve as a key client contact, coordinate audits and cross-functional work, support onboarding and process improvements, and supervise and mentor team members.

Job details

Role: Supervisor, Fund Accounting - Private Assets Location: Toronto (Hybrid) Ref: 1119714 Salary: $85-103,000 + Bonus + RSP Your New Company Join a globally recognized leader in financial services, known for its innovation, stability, and commitment to excellence. With decades of experience in the alternative investment space, this organization offers a dynamic and collaborative environment where professionals can grow their careers and make a meaningful impact. The Toronto office is a key hub for private asset operations, offering both local leadership and global reach. Your New Role As Supervisor, Fund Accounting, Private Assets you’ll lead a high-performing team responsible for delivering fund accounting services to a portfolio of complex private equity clients. You’ll oversee handle the following key responsibilities: Oversee and/or prepare periodical Net Asset Value calculations for the Private Equity Funds, including Financial Statement preparation, trial balance review and Partner/Shareholder Allocation calculations. Review the calculation of fund specific expenses, including admin fees, management fees, carried interest and other applicable fees Review accounting work, capital events, other client deliverables, investor statements and reporting prepared by staff Review private equity funds’ partnership agreements, PPMs and other materials Ensure compliance with internal policies/procedures/best practices, external standards, and regulatory requirements Maintain high standards of quality and accuracy in all work performed by the team and ensure all client SLAs are met Coordinate with Investor Relations, Waterfall, Tax, Financial Reporting and other Citco groups/teams globally Act as a primary day-to-day contact with Clients and other fund participants Coordinate, manage and monitor external audit processes Demonstrate understanding of Private Equity Fund types and mechanics and provide technical accounting/industry knowledge to clients as needed Participant in client integration (including new client onboarding and conversions) Supervise and coordinate the daily activities of team members Provide guidance, support, and mentorship to staff Act as a liaison between team members and upper management Foster a problem-solving culture within the team Implementation of efficiency initiatives in a timely manner Generate ad hoc reports as required What You’ll Need to Succeed You have a University degree in Accounting, Finance, Economics or professional accounting designation (CFA, CGA, CMA, CA, CPA). 4+ years of fund accounting experience in either a Private Equity Fund, Private Equity Administrator, or other financial institution where the accountant has gained financial products knowledge Experience in reviewing and preparing general ledgers and financial statements Strong leadership skills and supervisory experience of other professionals Project management skills with attention to detail and proven ability to multi-task Sound judgement, problem solving and analytical skills Strong written and verbal communication skills Proficient in Microsoft Office (Especially Excel and Word), experienced user of the FIS Investran PE accounting platform highly desirable. What You’ll Get in Return • $85-103,000 + performance bonus • Retirement & Benefits: 5% RSP match, comprehensive benefits package • Generous Time Off: 20 vacation days + 3 personal days • Hybrid Flexibility: Work from home 2 days/week • Career Mobility: Clear progression to Manager, VP and SVP roles • Supportive Culture: Monthly socials, team-building events, and inclusive celebrations • Global Exposure: Collaborate with international teams and clients What You Need to Do Now If you meet all the requirements for this role, please apply quoting reference number: 1121328. Thank you in advance for your interest. We regret that we can only respond to candidates chosen for interview. This posting is for an existing vacancy with the organization. AI may be used in the screening process for this role.

What you’ll do

Lead a team delivering fund accounting services to private equity clients, overseeing NAV calculations, financial statements, fund expenses, accounting reviews, client reporting, and compliance. Serve as a key client contact, coordinate audits and cross-functional work, support onboarding and process improvements, and supervise and mentor team members.

Requirements

Requires a university degree in Accounting, Finance, or Economics, or a professional accounting designation, and at least four years of relevant fund accounting experience. Candidates should have experience reviewing and preparing general ledgers and financial statements, supervisory and project management skills, strong analytical and communication abilities, and proficiency in Microsoft Office; FIS Investran experience is highly desirable.

Benefits

• Performance Bonus
• 5% Retirement Savings Plan Match
• Comprehensive Benefits Package
• 20 Vacation Days
• 3 Personal Days
• Hybrid Work Flexibility
• Career Progression Opportunities
• Team-Building Events
• Global Exposure

Listed skills

• Problem solving · Preferred
• Regulatory Compliance · Preferred
• Microsoft Excel · Preferred
• Team Leadership · Preferred
• Project management · Preferred
• Client Relationship Management · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Fund Accounting
• Private Equity
• Net Asset Value Calculations
• Financial Statement Preparation
• General Ledger Review
• Fund Expense Calculations
• Partnership Agreement Review
• Regulatory Compliance
• Client Relationship Management
• External Audit Coordination
• Team Leadership
• Staff Mentoring
• Project Management
• Problem Solving
• Microsoft Excel
• FIS Investran

Job areas

• Finance & Accounting
• Management & Leadership

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