Fund Accountant

ICM Asset Management; Calgary; On-site; CAD 65,000 - 85,000; Full time

Benefits offered by this job

Education and growth opportunities

Competitive compensation

Company paid benefits

Job summary

ICM Asset Management is seeking a Fund Accountant to support accounting and reporting for multiple investment funds across trusts, limited partnerships, and corporations. Based in Calgary, Alberta, you will report to the Manager, Fund Accounting and collaborate with Client Service, Legal, Legal and Tax teams.

The role suits a detail-oriented accounting professional with 1–3 years of fund accounting or financial services experience, strong Excel/Word skills, and a focus on accuracy and timeliness.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related discipline.
• CPA designation or active enrollment in the CPA Professional Education Program.
• 1–3 years of relevant accounting experience; exposure to fund accounting or financial services is an asset.
• Strong proficiency in Microsoft Excel and Word.
• High level of accuracy and attention to detail, with the ability to meet tight deadlines.
• Strong written and verbal communication skills.
• Well-developed organizational and time management skills.
• Ability to build effective working relationships across departments.
• Ability to interpret and implement company policies and procedures.

Responsibilities

• Enter transfer and wire payments in online banking system.
• Code invoices payable with proper entity code and general ledger account code.
• Enter receivables in accounting system, including investor deposits and distributions from investments.
• Post general journal entries in accounting system.
• Prepare calculation and payment of investor distributions on a monthly basis.
• Prepare calculation and payment of redemptions on a monthly basis.
• Prepare calculation and payment of trailer fees on a quarterly basis.
• Prepare calculation and payment of commissions on a monthly basis.
• Track and report offering costs for all funds monthly.
• Prepare monthly/quarterly reports (trial balance, reconciliations, subledgers) for fund entities.
• Prepare weekly cash availability reports, including bank reconciliations.
• Respond to requests to support Client Service, Legal and Finance teams.
• Update investor data and reconcile with investor platform data.
• Coordinate with audit teams and provide annual/ interim support.
• Coordinate with tax teams for T3, T5013 and Partners’ Capital Accounts annually.
• Assist the tax team with ad-hoc requests/tax audits.
• Review items prepared by other team members as needed.
• Assist with accounting software system conversion as necessary.
• Any other tasks requested by the management team for the Fund Accountant.

Skills

Accounting

Excel

Communication

Attention to detail

Time management

Team collaboration

Education

Bachelor's degree in Accounting

CPA designation or enrollment

Tools

Accounting software

Microsoft Word

Job description

ICM Asset Management is an alternative asset manager focused on owning, operating and investing in real assets. We offer retail, private client and institutional investors an array of investment opportunities focused on real estate, private equity, private debt and infrastructure strategies.

We are seeking a Fund Accountant to support the accounting and reporting requirements of multiple investment funds with varying legal structures, including trusts, limited partnerships, and corporations. This role is well suited for a detail-oriented accounting professional who thrives in a collaborative, fast-paced environment.

This opportunity is based in Calgary, Alberta and will be reporting to the Manager, Fund Accounting.

Key Responsibilities:

• Enter transfer and wire payments in online banking system.
• Code invoices payable with proper entity code and general ledger account code.
• Enter receivables in accounting system, including investor deposits and distributions from investments.
• Post general journal entries in accounting system (i.e. book transfers/wires, deposits from investors, etc.).
• Prepare calculation, and payment of investor distributions (DRIP and cash) on a monthly basis.
• Prepare calculation, and payment of redemptions on a monthly basis.
• Prepare calculation, and payment of trailer fees on a quarterly basis.
• Prepare calculation, and payment of commissions on a monthly basis.
• Tracking and reporting on offering costs for all funds currently in the market on a monthly basis.
• Prepare monthly and/or quarterly reports (including trial balance summary, bank reconciliations, accounts receivable and accounts payable subledger reconciliation, units outstanding reconciliation, etc.) for fund entities.
• Prepare weekly cash availability reports, including performing bank reconciliations.
• Responding to various requests to support Client Service, Legal and Finance teams.
• Update investor data in accounting system as required and reconcile accounting system data with investor platform data.
• Coordinate with various audit teams and provide support as needed on an annual basis, including interim work as required.
• Coordinate with tax teams, including preparation of T3, T5013 slip data and Partners’ Capital Accounts on an annual basis.
• Assist the tax team for any ad-hoc requests/tax audits.
• Review of any aforementioned items or schedules prepared by other team members as needed.
• Assist with accounting software system conversion, as necessary.
• Any other tasks that the management team may request of the Fund Accountant.

Your Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related discipline.
• CPA designation or active enrollment in the CPA Professional Education Program.
• 1–3 years of relevant accounting experience; exposure to fund accounting or financial services is an asset.
• Strong proficiency in Microsoft Excel and Word.
• High level of accuracy and attention to detail, with the ability to meet tight deadlines.
• Strong written and verbal communication skills.
• Well-developed organizational and time management skills.
• Ability to build effective working relationships across departments.
• Ability to interpret and implement company policies and procedures.

ICM offers:

• The opportunity to join a high growth and dynamic firm.
• A culture focused on hard work, professionalism, performance, and client service.
• Education and growth opportunities.
• Competitive compensation.
• Company paid benefits

ICM Asset Management offers a dynamic and stimulating work environment, competitive salaries and benefits, and opportunities for professional growth and development.

About ICM:

Our success hinges on our unwavering commitment to three principles that underpin our investment philosophy: Value, Discipline, and Results. Our adherence to these principles has allowed ICM to generate exceptional investment returns for our clients and a strong track record of achieving our goals.

Today, we manage more than $2 billion of assets across numerous investment vehicles and advisory relationships and have considerable experience in originating, structuring, and financing investment transactions and managing risk in alternative assets.

ICM is a proud member of the community and is active with a number of local charities, through the volunteer work of ICM’s staff and financial support by the firm and its principals