Director, Fund Operations

Sagard; Toronto; On-site; CAD 170,000 - 200,000; Full time

Job summary

Sagard, based in Toronto, is seeking a Director of Fund Operations to lead the finance team and oversee complex fund structures. The ideal candidate will have over 10 years of experience in fund operations, strong communication skills, and a proactive approach to problem-solving.

This role includes duties like managing financial reporting and ensuring compliance with regulatory requirements. The position offers a competitive salary of CAD$170,000 to CAD$200,000.

Qualifications

• 10+ years of relevant managerial, fund operations, and administration experience.
• Experience in an asset management firm is preferred.
• Strong written and oral communication skills.

Responsibilities

• Manage the finance team handling healthcare royalties and credit strategies.
• Oversee complex fund structures including SPVs and corporations.
• Ensure accuracy in quarterly financial statements.

Skills

Managerial experience

Fund operations knowledge

Communication skills

Analytical skills

Team leadership

Problem-solving skills

Attention to detail

Education

Bachelor's degree in accounting, finance, or related field

CA/CPA certification

Job description

Sagard Overview

Sagard is a multi‑strategy alternative asset management firm active in venture capital, private equity, private credit and real estate. Sagard also engages in private wealth management through Sagard Wealth. Founded in 2016 and guided by the core values of entrepreneurship, innovation, collaboration, rigour and authenticity, Sagard has experienced outstanding growth. Today, the firm has more than US$45 billion under management, 190 portfolio companies and 540 professionals. Sagard is well positioned to continue to grow substantially, organically and inorganically, pursuing its vision of becoming one of the best‑performing investment management firms. Headquartered in Canada, Sagard currently has offices in Canada, the United States, Europe and the Middle East. More at https://www.sagard.com.

Position Overview

We are currently looking for an outstanding individual to join our fast‑paced and rapidly growing Finance organization as Director, Fund Operations in Toronto. This person will play a pivotal role in helping us scale our platform and deliver exceptional investor and management services across our global ecosystem.

Compensation

CAD$170,000 to CAD$200,000.

Responsibilities

• Manage the finance team handling healthcare royalties and certain credit strategies, while advising on departmental responsibilities.
• Oversee complex fund structures across multiple jurisdictions, including closed‑end funds, SPVs, and corporations.
• Collaborate closely with investment team members to provide financial support and reporting.
• Ensure accuracy in quarterly financial statements and investor reports across multiple entities.
• Supervise fund accounting activities, including journal entries, management fees, investments, accruals, and bank reconciliations.
• Plan and review capital activities, including capital calls, distributions, rebalances, and transfers.
• Coordinate year‑end audits and regulatory requirements, and handle capital call notices, carried interest calculations, and rebalancing schedules.
• Lead recruitment, coaching, and development of the finance team in collaboration with HR.
• Manage relationships with service providers including fund administrators, banks, auditors, and advisers.
• Ensure compliance with regulatory requirements, oversee special projects, and handle ad‑hoc data requests for internal teams.
• Identify and champion opportunities to leverage AI and automation tools to improve operational efficiency, reporting accuracy, and scalability across fund operations workflows.

Qualifications

• 10+ years of relevant managerial, fund operations, and administration experience, preferably with private funds.
• Experience in an asset management firm; exposure to audit, tax accounting, FATCA/CRS reporting, SLFI reporting, and level 3 valuation of investments is an asset.
• Bachelor's degree in accounting, finance, or a related field.
• CA/CPA certification with specialization in IFRS is an asset.
• Strong written and oral communication skills, with the ability to synthesize and articulate complex financial information concisely.
• Strong management skills with a track record of team leadership, employee coaching, and development.
• Strong analytical and problem‑solving skills with exceptional attention to detail and a high degree of accuracy.
• Thrives in a fast‑paced, unstructured environment; proactive, curious, and eager to learn.
• Collaborative and inclusive operating style with a hands‑on, results‑oriented approach.
• Excellent written and spoken English required.

Employer Commitment

Sagard is an equal opportunity employer which values diversity in the workplace. We are therefore happy to accommodate any individual. If you require accommodation in order to participate in the hiring process, please contact the People & Culture team to make your needs known in advance. Sagard may use automated tools, including artificial intelligence, to support certain stages of the recruitment and selection process.