Manager, Fund Accounting

Tricon Residential; Toronto; On-site; CAD 70,000 - 110,000; Full time

Job summary

An established industry player in the rental housing sector is seeking a Fund Accounting Manager to oversee accounting and reporting for commingled funds. This role involves ensuring the accuracy of financial statements, preparing management reports, and fostering a culture of continuous improvement. The ideal candidate will have a strong background in finance, excellent communication skills, and a collaborative spirit. Join a company committed to enriching lives and creating a positive impact in the communities they serve. This is a great opportunity to make a difference while advancing your career in a dynamic environment.

Qualifications

• 5-8 years’ experience with real estate and private equity companies.
• Knowledge of US GAAP and ASPE required.

Responsibilities

• Review quarterly working papers for accuracy and completeness.
• Prepare funding calls and distributions to limited partners.
• Supervise and mentor fund accountants.

Skills

Communication Skills

Interpersonal Skills

Team Collaboration

Report Query Skills

Excel Knowledge

Education

University Degree in Finance or Commerce

CPA Designation

Job description

Tricon Residential is an owner, operator and developer of single-family rental homes in the U.S. and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon’s culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology-enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life’s potential.

We strive to be North America’s premier rental housing company. Our business philosophy involves taking care of our team first – empowering them to provide our residents with exceptional service and to positively impact the local communities where we operate. By providing an enhanced living experience, our residents rent for longer periods of time, treat our properties like their own, and share their experience with friends and family. This is how we continue to grow, and it is an approach that has proven to generate positive returns for our stakeholders. For more information, visit Tricon Residential.

Job Description

The Manager, Fund Accounting is responsible for the accounting and reporting for commingled funds and separate accounts within our Private Funds and Advisory business, the review and supervision of the day-to-day accounting and financial reporting for separate accounts, side car investments and commingled funds, including investor reporting and management analysis.

Essential Duties and Responsibilities:

• Review of quarterly working papers for commingled funds and separate accounts prepared by the fund accountant to ensure completeness of transactions and accuracy of financial statements.

• Prepare all funding calls and distributions to limited partners.

• Ensure that advances to developers are accurate and properly recorded.

• Prepare schedules for management reports and ensure consistency between the management reports and financial information.

• Respond to investor queries promptly.

• Communicate with the investment team as required on new and existing investments.

• Primary resource to corporate and tax teams to meet reporting requirements.

• Foster a culture of continuous improvement of reporting and operational processes.

• Supervise, mentor, and develop fund accountants.

• Assist with special projects including system upgrades, investor requests and new entity setup.

Qualifications:

• Big 4 experience a plus.

• Excellent verbal and written communication skills essential.

• Excellent interpersonal skills are required.

• Must be a collaborative team player willing and able to work in a demanding environment.

• Applicants with experience in private equity, funds management or financial services will be given preference.

• Strong report query skills within an integrated GL and excellent Excel knowledge.

Minimum Requirements:

• University degree in Finance, Commerce (or relevant field).

• CPA Designation a must.

• 5-8 years’ experience with real estate and private equity companies.

• Knowledge of US GAAP and ASPE required.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job, including:

• Frequently required to sit, talk, and hear.

• Frequently required to stand and move; use hands to grasp, squeeze, finger, handle, and feel; reach, push, and pull with hands and arms; occasionally required to twist; reach overhead; stoop, kneel, squat, bend, and crouch.

• Occasionally lift, carry, and move up to 10 pounds.

• Vision abilities required by this job include close vision, distance vision, and depth perception.

We are committed to fostering an inclusive and accessible recruitment process. If you require accommodations at any stage of the hiring process, please let us know, and we will work with you to meet your needs.

At Tricon, we are committed to creating a workplace where every individual is valued for their unique contributions, experiences, voices, and backgrounds. By embracing these principles, we aim to positively impact our business and the communities we serve, creating a lasting legacy where everyone can thrive.