Director, Nexus, Client Delivery

MUFG Investor Services; Halifax; Hybrid; CAD 75,000 - 95,000; Full time

Job summary

A financial services company in Halifax seeks an experienced Fund Administration Manager to oversee fund accounting services and manage a team of accountants. Ideal candidates will have a background in fund administration, strong Excel skills, and knowledge of private equity fund structures. This role offers a competitive salary and benefits, embracing a hybrid work model for flexibility.

Benefits

Medical insurance

Pension scheme

Paid holidays

Gym membership support

Qualifications

• Experience in fund administration with staff management.
• Understanding of fund administration business drivers.
• Interest in professional accounting designations preferred.

Responsibilities

• Manage fund accounting and administration services.
• Approve NAV and fund expense payments.
• Collaborate with external parties for service delivery.

Skills

Fund administration

Staff management

Microsoft Excel

Private equity fund structures

Financial instruments

Education

Post-secondary education in finance or accounting

Tools

Geneva

Investran

Yardi

Job description

Report to the Executive Director Client Operations Fund Administration. Your responsibilities will include:

• Providing 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 reporting.
• Managing a team of Fund Accountants in performing accounting and administration service delivery to customers and training staff on all aspects of the NAV process.
• Collaborating with banks, auditors, brokers, and custodians to ensure smooth service delivery and timely completion of NAV.
• Approving fee schedules, including management and carried interest calculations, ensuring compliance with fund documents.
• Reviewing and approving investor allocations, NAV cycle waterfall calculations, custody, trading documents, subscriptions, capital calls, and distributions, ensuring timely execution as per client instructions.
• Working with the internal AML team and administrators to meet all AML requirements.
• Responding to client queries promptly.
• Reviewing and signing schedules, reports, and files for compliance with organizational controls.
• Ensuring resource allocation to meet work requirements and service level agreements.
• Approving fund expenses payments through banking systems, following controls.
• Assisting in the preparation and review of audited financial statements and coordinating annual audits.
• Reviewing reports for regulatory authorities.
• Establishing fund or client-specific procedures and ensuring cross-training and coverage for all services.
• Contributing to the growth of the local office.
• Innovating ideas to improve the NAV process, technological tools, and client reporting.
• Participating in system initiatives and projects.

Qualifications:

• Post-secondary education or university degree with a focus on finance or accounting.
• Experience in fund administration, including staff management, possibly in roles with investment managers or auditors.
• Understanding of fund administration business drivers and profitability.
• High proficiency in Microsoft Excel.
• Deep knowledge of private equity fund structures, fee calculations, financial instruments, and fund documentation.
• Experience with fund accounting software such as Geneva, Investran, Yardi, or working knowledge of Bloomberg is advantageous.
• Interest in or completion of professional accounting designations (CA, CGA, CMA, ACCA, ICAEW, CFA, or equivalent) is preferred.

Additional Information:

At MUFG Investor Services, we embrace Hybrid Working, offering flexibility to work remotely while maintaining team connectivity and our culture. We provide an attractive compensation package, including base salary, medical insurance, pension scheme, reimbursement of professional subscriptions, paid holidays, and gym membership support.

We appreciate all applications; only shortlisted candidates will be contacted. We are committed to fair and accessible recruitment processes and will accommodate needs confidentially.

MUFG is an equal opportunity employer.

Remote Work: Employment Type: Full-time

Key Skills:

Forklift, Customer Service, Organizational skills, Basic Math, Dealership Experience, Laundry, SyteLine, Warehouse Experience, Dispatching, Personal Injury Law, Translation, Project Coordination

Experience: years

Vacancy: 1