Manager, PE Fund Accounting

Kassen Recruitment; Toronto; On-site; CAD 90,000 - 130,000; Full time

Job summary

Kassen Recruitment is seeking an experienced Manager, Private Equity Fund Accounting to oversee fund accounting and financial reporting for complex private equity funds. This six-month contract involves NAV calculations, investment accounting, and coordination with auditors and investors.

The ideal candidate has hands-on experience with private equity fund structures, strong technical accounting knowledge across US GAAP/IFRS/Canadian GAAP, and the ability to guide a team through intricate

Qualifications

• Experience in fund accounting for private equity or alternative investments.
• Experience reviewing fund financials, ledgers, and schedules.
• Strong technical accounting knowledge across GAAP/IFRS.
• Supervisory or senior-level review experience.

Responsibilities

• Oversee private equity fund accounting and financial reporting.
• Review NAV calculations, trial balances, financial statements, and investor allocations.
• Review accounting for private equity investments, acquisitions, dispositions, valuations, and related activities.
• Coordinate with clients, internal teams, and external auditors to resolve accounting issues.
• Ensure compliance with applicable accounting standards and reporting requirements.

Skills

Fund accounting

NAV calculations

Financial reporting

Analytical skills

Communication

Team leadership

Education

Bachelor's degree in Accounting, Finance, Economics

Tools

Microsoft Excel

Fund accounting platforms

ERP systems

Job description

An established financial services provider specializing in alternative investment fund accounting is seeking a Manager, Private Equity Fund Accounting to join its team on an initial six-month contract, with the possibility of extension. This opportunity is ideal for an experienced fund accounting professional with private equity or private markets experience. The successful candidate will oversee fund accounting deliverables, review investment accounting and financial reporting, and ensure the accuracy and integrity of financial information for complex private equity funds.

About the Role

Reporting to senior leadership, you will oversee private equity fund accounting and financial reporting, including Net Asset Value (NAV) calculations, investment accounting, financial statements, and investor allocations. The ideal candidate will have hands‑on experience accounting for private equity funds, reviewing fund financials, and ensuring accurate and timely accounting deliverables. Strong technical accounting knowledge, attention to detail, and the ability to provide guidance on complex accounting matters are essential to success in this role.

What You'll Do

• Oversee and review fund accounting and financial reporting for private equity funds.
• Review periodic NAV calculations, trial balances, general ledger balances, financial statements, and investor allocations.
• Review accounting for private equity investments, including acquisitions, dispositions, portfolio company investments, and related valuation activities.
• Review investment activity, portfolio valuations, and realized and unrealized gains and losses.
• Review fund expenses, including management fees, administration fees, carried interest, and other applicable charges.
• Review accounting for capital calls, distributions, and investor allocations to ensure accuracy and consistency.
• Interpret partnership agreements, offering memorandums, subscription agreements, and other fund documentation to determine appropriate accounting treatment.
• Ensure fund accounting and financial reporting comply with applicable accounting standards and reporting requirements.
• Coordinate with clients, internal accounting teams, and external auditors to resolve technical accounting and financial reporting issues.
• Review financial statements and supporting schedules to ensure completeness, accuracy, and consistency.
• Identify and resolve complex fund accounting discrepancies and valuation‑related accounting issues.
• Provide technical accounting guidance and review support to fund accounting team members.

What You'll Bring

• Strong experience in fund accounting, fund administration, or investment accounting, preferably within a private equity or alternative investments environment.
• Hands‑on experience with NAV calculations, investment accounting, capital calls, distributions, investor allocations, and fund‑level financial reporting.
• Knowledge of private equity fund structures, portfolio company investments, acquisitions, dispositions, valuations, and carried interest arrangements.
• Experience reviewing general ledgers, trial balances, financial statements, and supporting fund accounting schedules.
• Knowledge of US GAAP, Canadian GAAP, IFRS, or other applicable accounting frameworks.
• Previous supervisory, team leadership, or senior‑level fund accounting review experience.
• Strong analytical, organizational, communication, and problem‑solving skills.
• Proficiency in Microsoft Excel; experience with fund accounting platforms is an asset.
• A degree in Accounting, Finance, Economics, or a related field.

Why Join?

This contract opportunity offers the chance to apply your private equity fund accounting expertise in a specialized alternative investments environment. You will work with complex private equity fund structures, contribute to accurate financial reporting, and provide technical accounting support within an experienced fund accounting team.