Manager, Mutual Fund Accounting

Talantir; Toronto; Hybrid; CAD 96,000 - 110,000; Full time

Benefits offered by this job

Work from home

Job summary

Talantir in Toronto is seeking a Manager, Mutual Fund Accounting to oversee the daily NAV calculations for Mutual Funds, Corporate Class Funds and Segregated Funds. The role combines leadership with hands-on fund oversight in a hybrid on-site/off-site setting.

You will supervise the Fund Administration team, review NAV errors, coordinate fund changes, and support a major custody transition project. A CPA/CFA is an asset; 5 years of management experience is expected.

Qualifications

• University/college degree required in finance, accounting, business administration, or related discipline.
• CPA, CMA, or CFA designation is an asset.
• 5 years of experience with people management and coaching, preferably with a Fund Accounting background.
• Strong knowledge of mutual funds, corporate class funds, and segregated funds.

Responsibilities

• Oversee day-to-day activities of the Fund Administration team and NAV calculations for funds.
• Review NAV errors and assess their impact.
• Oversee fund changes, including reviews of Prospectus and AIF, and participation in transition meetings.
• Coordinate with internal teams and third-party vendors (RBC Investor Services, IFDS).
• Sign off on mergers to ensure ledgers, tax, and audit requirements are addressed.

Skills

NAV calculations

leadership

Analytical thinking

Problem solving

Communication

Education

University or college degree (finance/accounting/business)

CPA/CMA/CFA asset

Tools

RBC Investor Services

IFDS

RBCIS Online

MPower

MView

CIBC Mellon systems

Nexen

Eagle

GSP (asset)

Job description

Manager, Mutual Fund Accounting

Strategic finance role in the insurance and investment industry supporting fund administration and NAV oversight across mutual funds, corporate class funds, and segregated funds. Hybrid Toronto opportunity leading analysts, resolving fund accounting issues, and supporting a large-scale custody transition initiative.

What is in it for you

• Salaried: $70-75 per hour.
• Incorporated Business Rate: $70-80 per hour.
• 9-month contract with the potential for permanent employment.
• Full-time position: 37.50 hours per week.
• Weekday schedule from 9 am to 5 pm.
• Occasional overtime may be required based on operational needs.
• Hybrid work with 2 on-site days per week: Tuesday and Wednesday.

Responsibilities

• Oversee all day-to-day activities of the Fund Administration team, including the daily oversight of NAV calculations for Mutual Funds, Corporate Class Funds, and Segregated Funds.
• Review NAV errors and assess their impact.
• Oversee and lead all fund changes impacting Mutual Funds, Corporate Class Funds, and Segregated Funds, including:
  • Reviewing Prospectus and Annual Information Forms
  • Participating in working group meetings established for each transition
  • Working on fund setups with internal teams and external third-party vendors (RBC Investor Services and IFDS)
  • Reviewing and signing off on merger activities to ensure general ledgers are aligned, tax implications are addressed, and audit requirements are met
• Assist in managing the relationship with the fund administrator (RBC Investor Services).
• Provide backup and support to the Director, Fund Administration.

What you will need to succeed

• University or college degree in finance, accounting, business administration, or a related discipline.
• CPA, CMA, or CFA designation is considered an asset.
• 5 years of experience with people management and coaching, preferably with a Fund Accounting background.
• Business knowledge and experience related to Mutual Fund Trusts, Mutual Fund Corporations, and Segregated Funds.
• Understanding of:
  • How daily NAV calculations work
  • Core fund accounting concepts
  • Common causes of NAV errors
  • How market movements impact fund valuations
  • Daily processes for mutual funds, corporate class funds, and segregated funds
• Excellent PC skills (Excel, Word, Adobe, Access) with the ability to manage large data sets systematically and efficiently.
• Strong analytical and problem-solving skills with the ability to make decisions while minimizing risk and errors.
• Strong organizational and time management skills with the ability to manage multiple tasks.
• Ability to adapt to multiple demands, shifting priorities, and changing business conditions.
• Self-motivated and adaptable.
• Strong communication and interpersonal skills with the ability to support and influence peers.
• Familiarity with systems such as RBC systems, Trust, Milvus, RBCIS Online, MPower, MView, CIBC Mellon systems, Nexen, Eagle, GSP (asset).

Job Types

• Full-time, Fixed term contract

Contract length

• 9 months

Pay

• $70.00-$80.00 per hour

Benefits

• Work from home

Experience

• Strong understanding of compliance and oversight functions.: 1 year (preferred)
• Mutual Fund Trust/Mutual Fund Corporation/Segregated Funds: 1 year (required)
• fund accounting : 5 years (required)
• Excel, Word, Adobe, Access / Manage large datasets: 1 year (preferred)

Licence/Certification

• Education: University/College degree at a minimum. (required)
• Professional designation such as CPA, CMA, or CFA. (preferred)

Work Location

• Hybrid remote in Toronto, ON