Assistant Controller, Funds

Connor, Clark & Lunn group; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

Connor, Clark & Lunn Financial Group is seeking an Assistant Controller to manage the full cycle accounting for their infrastructure investment vehicles. The role involves financial reporting, compliance, and collaboration with various teams, ideal for a CPA with strong analytical and communication skills.

Benefits

Incentive bonus plan

Employee benefits plan

Employer RRSP matching program

Qualifications

• Minimum 4 to 6 years relevant work experience.
• Experience with ASPE and IFRS.
• Strong communicator with internal and external stakeholders.

Responsibilities

• Oversee full cycle accounting for Investment Vehicles.
• Prepare and review financial statements and tax returns.
• Manage debt and lender compliance.

Skills

Analytical skills

Problem-solving

Communication

Attention to detail

Education

CPA, CA Designation

Tools

Yardi

Taxprep

Job description

Connor, Clark & Lunn Financial Group Ltd. (“CC&LFG”)

Toronto, ON

About CC&L Infrastructure :

CC&L Infrastructure, an affiliate of CC&L Financial Group, is an experienced owner and active manager of infrastructure assets based in Toronto, Ontario. With more than 15 years of experience, we are dedicated to providing institutional and high-net-worth investors with direct access to portfolios of private infrastructure investments. Through the execution of disciplined investment strategies and an active management approach, we target infrastructure projects with highly attractive risk-return characteristics, long lives, and the potential to generate stable cash flows. Our diversified portfolio represents over $6 billion in assets under management and 90+ projects across Canada, the United States, Bermuda and Chile. These investments include roads, rail, hospitals, airports, solar, hydro and wind generation facilities. We have a demonstrated track record of success and a plan for significant growth in the energy transition, transportation, and digital infrastructure sectors.

The role :

CC&LFG is seeking to hire a new Assistant Controller for the Connor, Clark & Lunn Infrastructure Team (“the Fund”). This person will work with a growing team of finance professionals and will report to the CFO, Infrastructure.

In this role the successful candidate will oversee the coordination of the full cycle accounting function for the Fund’s open-ended investment vehicles and Infrastructure projects (together, “the Investment Vehicles”), along with a team of direct reports.

What You Will Do

• Reporting to the CFO, Infrastructure, and working directly with the Controller of Funds, this person will take complete responsibility for the day-to-day accounting function as it relates to the Investment Vehicles, including but not limited to :
• Responsible for the oversight and management of the financial administration and financial reporting of the Investment Vehicles. Evaluate cash flow projections and recommend distributions impacting the Fund’s operating partners and projects across different stages of development.
• Support diligence requirements on a variety of transactions, collaborating with internal teams and external advisors to address tax, financial reporting, and administrative matters.
• Prepare and review quarterly financial statements (in accordance with ASPE or IFRS), Management Committee meeting materials, facilitate budget reporting matters, and ad hoc presentations.
• Manage debt and lender compliance, including the administration of the Investment Vehicles’ Credit Facility, officer certifications, and covenant calculations. Develop and maintain relationships with financial institutions to arrange working capital financing and letters of credit.
• Prepare and review the audited financial statements and co-ordinate the quarterly and annual delivery of these financial statements as required by the specific debt facility or partnership agreement.
• Act as the financial liaison between the infrastructure asset management and investment management teams, providing financial insights to support informed decision-making with new and existing Investment Vehicles.
• Review and prepare corporate and partnership tax returns including, after appropriate internal and external consultations, decisions on filing positions. Provide review over these externally prepared tax returns (T5013, T2). Review and approve HST and SLFI returns.
• Coordinate with other CC&LFG departments on matters such as capital calls, client reporting, and performance measurement.
• Implement key initiatives with the objective of improving the accessibility, timeliness, and quality of financial information outputs. Collaborating with other CC&LFG resources to improve systems, workflow, and document management.

What You Bring

• Able to multi-task in a growing, fast paced environment and be prepared to “roll up their sleeves” and get involved in all aspects of the accounting.
• Respectful team player; responsive, timely and engaged communicator.
• Strong problem solver. Highly analytical and detail-oriented.
• Self-aware and growth-oriented; knows personal strengths and weaknesses, seeks feedback, gains insights from mistakes.
• Manages and prioritizes tasks effectively. Comfortable working with autonomy, with under pressure moments, and with accountability.
• Engage and leverage the team with an ability to energize those working around them.

Qualifications and skills :

• CPA, CA Designation, Big 4 Firm Experience considered an asset.
• A minimum of 4 to 6 years relevant work experience with at least 2 years of post-firm / industry experience at a manager level position (i.e., with direct reports).
• Highly organized with a high attention to detail, with an ability to balance multiple projects in a fast-paced environment.
• Experience writing technical accounting memos, financial statement note disclosures, and dealing with complex accounting issues.
• Strong communicator able to deal adeptly with internal and external stakeholders, financial institutions, auditors and tax authorities.
• Experience with financial statement preparation, maintaining accounting records and general ledger, etc.
• Experience with tax filings and accounting policies and procedures is essential. Understands Canadian tax rules including intercorporate and individual tax integration.
• Exposure to ASPE reporting and IFRS.
• Strong working knowledge of Yardi and experience using tax software (Taxprep) is preferred.

Compensation :

• Base salary commensurate with experience.
• Incentive bonus plan based on individual and company performance.
• Employee benefits plan effective immediately.
• Employer RRSP matching program available after 1 year.

About CC&L Financial Group

At Connor, Clark & Lunn Financial Group Ltd., we understand the value of opportunity – for our clients and our team. Independent and employee-owned, we partner with investment professionals to grow successful asset management businesses, giving them the space to innovate and truly make an impact.

With more than 40 years of history and offices across Canada and in the US, the UK and India, CC&L Financial Group and our multi-boutique family of affiliate firms collectively manage over $140 billion in assets, providing a diverse range of traditional and alternative investment products and solutions to institutional, high-net-worth and retail clients.

CC&L is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to gender, ethnicity, religion, sexual orientation or expression, disability, or age.

To apply for this position, please submit your cover letter and resume as one PDF .

We thank all applicants in advance for their interest, but only those candidates shortlisted for interviews will be contacted. No telephone calls or recruitment agencies will be accepted.

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