Lead Fund Accounting Supervisor, Private Equity

Financeroles; Toronto; On-site; CAD 85,000 - 103,000; Full time

Job summary

Citco in Toronto is seeking a Senior Fund Accountant to oversee NAV calculations for Private Equity Funds, review expenses, and ensure accurate investor reporting. You will supervise staff, maintain high quality standards, and coordinate with global Citco groups.

The role involves onboarding new clients and coordinating audits. We require 4+ years in fund accounting within private equity or financial institutions, with strong leadership and project management skills.

Qualifications

• University degree in Accounting, Finance, Economics or professional accounting designation (CPA, CFA, CGA, CA, CPA).
• 4+ years of fund accounting experience in a Private Equity Fund, Private Equity Administrator, or other financial institution.
• Experience in reviewing and preparing general ledgers and financial statements.
• Strong leadership skills and supervisory experience of other professionals.
• Project management skills with attention to detail and proven ability to multi-task.
• Sound judgement, problem solving and analytical skills.
• Strong written and verbal communication skills.
• Proficient in Microsoft Office (Especially Excel and Word), experienced user of the FIS Investran PE accounting platform highly desirable.

Responsibilities

• Oversee and/or prepare periodical Net Asset Value calculations for the Private Equity Funds, including Financial Statement preparation, trial balance review and Partner/Shareholder Allocation calculations.
• Review the calculation of fund specific expenses, including admin fees, management fees, carried interest and other applicable fees
• Review accounting work, capital events, other client deliverables, investor statements and reporting prepared by staff
• Review private equity funds’ partnership agreements, PPMs and other materials
• Ensure compliance with internal policies/procedures/best practices, external standards, and regulatory requirements
• Maintain high standards of quality and accuracy in all work performed by the team and ensure all client SLAs are met
• Coordinate with Investor Relations, Waterfall, Tax, Financial Reporting and other Citco groups/teams globally
• Act as a primary day-to-day contact with Clients and other fund participants
• Coordinate, manage and monitor external audit processes
• Demonstrate understanding of Private Equity Fund types and mechanics andprovide technical accounting/industry knowledge to clients as needed
• Participant in client integration (including new client onboarding and conversions)
• Supervise and coordinate the daily activities of team members
• Provide guidance, support, and mentorship to staff
• Act as a liaison between team members and upper management
• Foster a problem-solving culture within the team
• Implementation of efficiency initiatives in a timely manner
• Generate ad hoc reports as required

Skills

Fund accounting

Leadership

Project management

Analytical skills

Communication

Education

Accounting/Finance degree

Professional designation (CPA, CFA, CGA, CMA, CA)

Tools

FIS Investran PE

Microsoft Excel

Job description

Citco in Toronto is seeking a Senior Fund Accountant to oversee NAV calculations for Private Equity Funds, review expenses, and ensure accurate investor reporting. You will supervise staff, maintain high quality standards, and coordinate with global Citco groups.

The role involves onboarding new clients and coordinating audits. We require 4+ years in fund accounting within private equity or financial institutions, with strong leadership and project management skills.