Director, Fund Accounting

Harbourfront Wealth Group; Vancouver; Hybrid; CAD 140,000 - 150,000; Full time

Benefits offered by this job

Discretionary annual bonus

Employee stock options 'MyShare'

Extended health and dental benefits

Job summary

Willoughby Asset Management Inc., part of Harbourfront, seeks a CPA with fund management accounting experience to lead full-cycle fund accounting and external audit coordination from our Vancouver head office in a hybrid role.

You will design controls, ensure tax compliance, review NAVs, manage annual statements, and build the accounting team as the fund platform grows, partnering with portfolio managers and compliance.

Qualifications

• CPA designation required with fund or investment management accounting experience.
• 4-6 years' experience in fund administration or audit.
• Strong understanding of investment products, fund structures, valuation principles, and the Canadian regulatory and tax framework for investment funds.
• Advanced proficiency in Microsoft Excel, including building and reviewing complex financial workbooks.

Responsibilities

• Design, implement, and operate the fund accounting process in house, including reconciliation.
• Design and operate the internal control framework, including segregation of duties, approval limits, and documented policies.
• Responsible for tax compliance across the fund platform, including unitholder tax slips, GST/HST filings, and fund trust returns.
• Responsible for the review of fund NAVs and distribution calculations done by our fund accounting service provider to ensure accuracy and timely completion.
• Responsible for all financial reporting.
• Produce annual audited financial statements and manage the external audit end to end, including planning, PBC list, fieldwork, and resolution of audit findings.
• Assistance with the launch, termination and any transitions relating to the funds and special projects.
• Ensuring accurate fund records maintenance.
• Manage the Senior Accountant and build out the accounting team as the fund platform grows.
• Automate reporting wherever possible using AI and finance tooling.
• Document processes, models, decisions, and operating standards so successful approaches can be repeated across the team.
• All other tasks related to Willoughby Asset Management and Harbourfront Group of Companies.

Skills

Fund accounting

Audit experience

Regulatory knowledge

Advanced Excel

Education

CPA designation

Job description

Who we are:

Willoughby Asset Management Inc. is a member of the Harbourfront Group of Companies ("Harbourfront") and is a dynamic industry leader specializing in financial services and wealth management. Harbourfront Wealth Management Inc. is a fast-growing CIRO registered securities dealer with over 22 billion in assets. The firm provides financial services and holistic wealth management solutions for mid to high-net-worth individuals. Willoughby is a registered investment fund manager across various jurisdictions in Canada, with BCSC as its principal regulator. At Harbourfront, our core values start with the belief that great people make great companies.

Career opportunity:

The successful candidate will manage full-cycle fund accounting for the Willoughby Investment Products. The role will report to the COO of Willoughby Asset Management and work closely with various internal and departments and external service providers on a small, fast-paced team. In this role you will gain access and experience in all areas of Investment Fund Management, working closely with the fund portfolio managers, operations, compliance, and executive team.

This is a hybrid role base out of our head office in Vancouver BC.

You will be responsible for:

• Design, implement, and operate the fund accounting process in house, including reconciliation.


• Design and operate the internal control framework, including segregation of duties, approval limits, and documented policies.


• Responsible for tax compliance across the fund platform, including unitholder tax slips, GST/HST filings, and fund trust returns.


• Responsible for the review of fund NAVs and distribution calculations done by our fund accounting service provider to ensure accuracy and timely completion.


• Responsible for all financial reporting.


• Produce annual audited financial statements and manage the external audit end to end, including the planning meeting, the prepared by client list, fieldwork, and resolution of audit findings


• Assistance with the launch, termination and any other transitions relating to the funds and special projects.


• Ensuring accurate fund records maintenance.


• Manage the Senior Accountant and build out the accounting team as the fund platform grows


• Automate reporting wherever it can be automated, using modern AI and finance tooling


• Document processes, models, decisions, and operating standards so successful approaches can be repeated across the team


• All other tasks and projects as requested and agreed to relate to the general operations of Willoughby Asset Management and the Harbourfront Group of Companies.

The ideal candidate for this position has:

• Must have a CPA designation, with meaningful fund, or investment management accounting experience.


• 4-6 years' experience working in the fund administration industry or audit.


• A strong understanding of investment products, fund structures, valuation principles, and the Canadian regulatory and tax framework applicable to investment funds.


• Advanced proficiency in Microsoft Excel, including the ability to build and review complex financial workbooks.

Salary Range: $140,000 - $150,000 per annum (actual salary offered will be commensurate with education, experience, and internal parity). In addition to base salary, the successful candidate will be eligible for a discretionary annual bonus, participation in our Employee Stock Option Plan 'MyShare', and extended health and dental benefits.

Diversity and Inclusion

Diversity is an important value to us. We are committed to providing equal opportunities in employment and to providing a workplace which is free from discrimination and harassment. This means that all job applicants and employees will receive equal treatment regardless of race, colour, ethnic or national origins, sex, marital status, disability, age, sexual orientation, religion, or belief.