Fund Accountant

Intelliswift - An LTTS Company; Toronto; Hybrid; Full time

Job summary

A leading company in financial services is seeking a Fund Accountant for a hybrid role in Toronto. The successful candidate will focus on independent validation and compliance of financial data, ensuring timely and accurate reporting in line with regulations. The position requires strong analytical skills and a solid understanding of investment funds and Canadian tax law.

Qualifications

• Extensive investment fund accounting experience required.
• 3-5 years experience in preparing and reviewing financial statements.
• Knowledge of IFRS and Canadian Income Tax required.

Responsibilities

• Review and ensure accurate preparation of financial statements.
• Analyze accounting and tax impacts of corporate actions.
• Calculate and analyze tax factor calculations for T3 filings.

Skills

Investment fund accounting

Analytical skills

Attention to detail

Verbal and written communication

Critical thinking

Education

University degree or equivalent

Canadian Securities Course or IFIC designation

Tools

Microsoft Excel

Microsoft Word

TaxPrep

Job description

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Intelliswift - An LTTS Company provided pay range

This range is provided by Intelliswift - An LTTS Company. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

CA$36.55/hr - CA$36.55/hr

Location: Toronto, ON (Hybrid, primarily remote but certain requirements on site; paper filings (during Tax season March 15 or March 31s))

Duration: 12 months

Contract Type: T4 only

Pay Rate: $36.55/Hour

Job Purpose

• The primary responsibility is to complete the independent validation of information through the requirements that are in place, including analytical analysis.
• This position moves beyond the preparation and validation process to include an inherent analytical perspective of the product, to ensure the integrity of the data that supports the reporting of the financial statement and taxation processes.
• This position is responsible for preparing financial statement reporting and taxation responsibilities. In addition this position is responsible for ensuring compliance with Company and Regulatory requirements as defined. The focus of this role is on producing results over a 3-6 month timeframe.

Key Accountabilities

• Review the financial statements and ensure they are prepared in a timely and accurate basis and are compliant with the regulatory requirements.
• Review the T3 Returns and ensure they are prepared and filed on a timely and accurate basis and are complaint with the Income Tax Act of Canada.
• Review the T2 Returns and ensure they are prepared and filed on a timely and accurate basis and are complaint with the Income Tax Act of Canada.
• Analyze in detail, the accounting and tax impact of complex corporate actions affecting the funds in a timely and accurate basis.
• Calculate and analyze income and capital gains distributions for the Mutual Fund Trusts, Mutual Fund Corporations and Pooled Funds and ensure the calculations are compliant with the Income Tax Act of Canada.
• Calculate and analyze tax factor calculations for each class or fund for T3 unitholder filings.

Must-Have Skills:

• Extensive investment fund accounting experience.
• 3-5 years experience in preparing, reviewing, analysing financial statements and notes to the financial statements for investment funds.
• 3-5 years experience in preparing, reviewing, and analysing investment fund distributions and tax returns for mutual fund trusts, unit trusts and mutual fund corporations.
• Fundamental knowledge and understanding of IFRS (International Financial Reporting Standards), Canadian Income Tax and regulations as it applies to investment funds.
• Previous experience with computer applications, such as Microsoft Word, Excel, and any other related accounting software.
• Verbal and written communication skills, attention to detail, and critical thinking.
• Ability to work independently and manage one’s time.

Nice to Have Skills:

• Previous experience with TaxPrep
• Has or is working towards and accounting designation

Knowledge

• Strong comprehensive Business knowledge and understanding of the Investment Industry and derivatives
• Strong understanding of the Securities Industry as it relates to the requirements of Financial Reporting and Taxation of Trusts, Corporations and Pooled Funds.
• Fundamental understanding of tax issues as it relates to the Mutual Fund Industry.

Education

• University degree or equivalent
• Canadian Securities Course or IFIC designation
• Operational abilities in automated network and application software tools, including external software.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Contract

Job function

• Job function

  Accounting/Auditing

• Industries

  Banking, Investment Banking, and Capital Markets

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