Accounting Clerk, Fund Accounting

Nicola Wealth Management Ltd.; Vancouver; Hybrid; CAD 50,000 - 64,000; Full time

Job summary

Join a dynamic Fund Operations team in a hybrid role as an Accounting Clerk. This position offers a unique opportunity to contribute to the daily operations of fund accounting, where your creativity and attention to detail will shine. You will manage accounts payable and receivable processes, support investment funding, and collaborate with various teams to enhance efficiency. With a competitive salary range and a comprehensive benefits package, this role is perfect for someone looking to grow their career in a supportive environment that values teamwork and innovation. Embrace the chance to make a meaningful impact while enjoying a rewarding work-life balance.

Benefits

Competitive Performance Bonus

RRSP Contribution

Profit-Sharing Program

Share Ownership Program

Qualifications

• 1-2 years of relevant experience in fund accounting or similar roles.
• Proficiency in MS Office Suite, especially Excel, is essential.

Responsibilities

• Manage accounts payable and receivable processes for Nicola Funds.
• Support investment funding processes and collaborate with teams.

Skills

MS Excel

MS Outlook

MS Word

Data Entry

Communication Skills

Organizational Skills

Attention to Detail

Education

Degree in Accounting

Diploma or Certificate in Accounting

Job description

About the Team:

The Fund Accounting team is a high performing team responsible for the internal fund administration for several Mutual Fund Trusts and Limited Partnerships.

Purpose of the Role:

We are recruiting for an Accounting Clerk to join our growing Fund Operations team. You will play a key role in the day to day operations of the firm by performing basic daily fund operations for the fund accounting team and for the funds. This provides an excellent opportunity to use your creativity and ingenuity to improve systems and provide professional and insightful support to the team. You will report directly to the Manager, Fund Accounting.

This is a hybrid role located in Vancouver.

Core Responsibilities:

• Manage the accounts payable (AP) processes for Nicola Funds/LPs, including processing third-party invoices, reconciling expenses and accruals, and ensuring timely payments to avoid late fees and interest charges.
• Oversee the accounts receivable (AR) processes for Nicola Funds/LPs, tracking incoming wires to ensure all income and cash items are accurately recorded.
• Support investment funding processes, such as setting up wires for capital calls and conducting callback procedures with external parties to verify banking information.
• Act as the main contact point for banking-related tasks and ensuring timely execution of wire transfers.
• Collaborate with cross-functional teams, both internally and externally.
• Handle physical mails received in the team’s mailbox, scanning and documenting them appropriately for record-keeping.
• Review invoices against contracts, where applicable, to ensure accuracy.
• Proactively identify opportunities to improve efficiency by automating and streamlining existing processes.
• Provide additional accounting and administrative support to the team as required.

Required Skills & Qualifications:

• Degree, diploma, or certificate in accounting, or equivalent experience.
• A minimum of 1-2 years of relevant experience.
• Proficiency in MS Excel, Outlook, and Word.
• Strong data entry skills with exceptional attention to detail.
• Excellent communication and organizational skills.
• Ability to work effectively under pressure, manage multiple tasks, and meet competing deadlines.
• Capable of working independently as well as part of a team.

Compensation & Benefits Package:

This position comes with a base salary range of $50,000 - $64,000plus a competitive performance bonus, RRSP contribution and participation in our profit-sharing program. Base salary will be commensurate with experience, skills, and qualifications.

At Nicola Wealth, our people grow our business, delight our clients, and live our values every day. Our comprehensive compensation and benefits package reflects our appreciation for this commitment. Whether it’s participating in our profit sharing and benefit programs on day one, or the opportunity to participate in our share ownership program, our people are able to go beyond a conventional salary and bonus structure. To learn more about our complete package, visit: www.nicolawealth.com/total-rewards.