Senior Manager, Fund Accounting, Private Markets

Job summary

Manage a team of fund accountants to provide comprehensive accounting and administration services for private equity clients, including NAV preparation and review. Oversee investor allocations, fee calculations, and coordinate with auditors and custodians to ensure smooth service delivery.

Job details

Company DescriptionMUFG Investor Services is a trusted partner to many of the world’s largest public and private funds, providing asset servicing and operational solutions built for alternatives. With over $1 trillion in client assets under administration, we offer fund administration, banking, payments, fund financing, foreign exchange overlay, corporate and regulatory services, custody, business consulting, and more. Operating from 17 locations worldwide, we help clients mitigate risk, enhance efficiency, and navigate the operational complexities of today’s investment management landscape. As a division of Mitsubishi UFJ Financial Group (MUFG), one of the world’s largest financial institutions with approximately $3 trillion in assets, we combine deep expertise with the strength and stability of a leading financial institution. To learn more, visit us at www.mufg-investorservices.com.Job DescriptionReport to the Director, Nexus, Client Delivery, a list of your responsibilities will include:Provide the full range of fund accounting and administration services to private equity fund clients, including Net Asset Value (NAV) preparation and review, custody servicing, investor record keeping and reportingManage a team of Fund Accountants in performing accounting and administration service delivery to customers and train staff on all aspects of the NAV processWork with banks, auditors, brokers and custodians to ensure smooth service delivery to customers and completion of NAVApprove fee schedules including calculation of management and carried interest, ensuring all calculations follow applicable fund documentsReview and approve 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 metWork with both the internal AML team, and the administrators, ensuring all AML requirements are metRespond to all client queriesReview and sign any schedules, reports and files for review ensuring they are completed in compliance with organization controlsResource Allocation to ensure that all work is carried out and Service level agreement metApprove payment of fund expenses in applicable banking systems, ensuring controls are followedHelp with preparation and review of audited financial statements and annual auditReview reporting for the regulatory authoritiesEstablish fund or client specific procedures covering all aspects of our services; Ensure cross training and cover in place for all services provided to clientHelp with the growth of the local officeCreate ideas for improving the NAV process, technological improvements and client reportingParticipate in multiple system initiatives and projects This is a new position.QualificationsPost-secondary education/University Degree with a concentration in finance or accounting.Demonstrable experience working in the fund administration industry with experience managing staff. This can include other administrators, investment managers or fund auditors.In-depth understanding of the private equity fund administration industry. This includes multiple fund structures, fee calculations, financial instruments and fund offering documentation review.High proficiency with Microsoft Excel is an essential requirement for this role.Experience with fund accounting software Geneva, Investran or Yardi or working knowledge of Bloomberg would be beneficialCompletion or interest in a professional accounting designation (CA, CGA, CMA, ACCA, ICAEW, CFA (or equivalent) an assetAdditional InformationExperience something Brilliantly Different with a career with MUFG Investor Services.Who are we? In a nutshell, MUFG Investor Services is part of the Mitsubishi UFJ Financial Group family, and we partner with over 480 loyal global investment firms to provide them with administration, asset services, banking, and fund financing.We’re in 17 global locations and provide an exceptional hub of Brilliantly Different talent to thrive.At MUFG Investor Services, we use Artificial Intelligence (AI) tools to help identify skills and experience that align with role requirements. All AI recommendations are reviewed by our recruitment team before any decisions are made.MUFG is an equal opportunity employer. Rank: Associate Director Employment Type: Permanent Full Time Compensation: CAD 105000 - CAD 154000 - yearly

What you’ll do

Manage a team of fund accountants to provide comprehensive accounting and administration services for private equity clients, including NAV preparation and review. Oversee investor allocations, fee calculations, and coordinate with auditors and custodians to ensure smooth service delivery.

Requirements

Requires a university degree in finance or accounting and demonstrable experience in fund administration with staff management experience. Proficiency in Microsoft Excel is essential, and experience with software like Geneva, Investran, or Yardi is beneficial.

Listed skills

• Financial Reporting · Preferred
• Microsoft Excel · Preferred
• Client Relationship Management · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Fund Accounting
• Private Equity Administration
• NAV Preparation
• Team Management
• Waterfall Calculations
• Financial Reporting
• AML Compliance
• Microsoft Excel
• Geneva
• Investran
• Yardi
• Bloomberg
• Audit Coordination
• Client Relationship Management
• Resource Allocation
• Regulatory Reporting

Job areas

• Finance & Accounting
• Management & Leadership
• Consulting