Portfolio Accounting Analyst

CMPA; Quebec; Hybrid; CAD 86,000 - 114,000; Full time

Benefits offered by this job

Bonus eligibility

Job summary

CMPA is seeking a Portfolio Accounting Analyst to support the public portfolio accounting and reporting functions from a remote home-based office across Ontario or Quebec.

You will manage entries, reconciliations, and fee accruals, liaising with custodians and external managers to ensure accuracy and timely financial reporting for audits and annual statements.

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field.
• CPA and/or CFA designation required.
• 4–6 years in brokerage, banking, or investment back-office roles.

Responsibilities

• Prepare entries for public assets including subscriptions, redemptions, and transfers.
• Reconcile monthly investment balances and verify custodian data.
• Compute quarterly investment fee accruals and assist with audit notes.

Skills

Attention to detail

Interpersonal communication

Verbal and written communication

Time management

Independent and team work

Adaptability

Excel

Discretion and diplomacy

Education

Bachelor's Degree

CPA

CFA

Tools

Workday Financials

Job description

PORTFOLIO ACCOUNTING ANALYST

Fully Remote (Ontario or Quebec)

CONTRIBUTING TO THE CMPA

The Finance department supports the CMPA’s mission and goals by safeguarding the Association’s assets through accurate and timely recording and stewardship of financial transactions. The Portfolio Accounting & Reporting team acts as the back office bridging the Association’s internal Investment department with the Finance department. The CMPA manages a $6 billion portfolio deployed across traditional and alternative strategies including a significant allocation to private assets and hedge funds.

POSITION OVERVIEW

Reporting to the Manager, Portfolio Accounting & Reporting, the incumbent is responsible for the investment accounting functions relating to the public portfolio of assets which include publicly traded securities, public loans, hedge funds and derivative instruments. This involves preparing both valuation and payable/receivable entries, as well as ensuring the accuracy of any automated entry processes. The incumbent identifies any deviations from manager valuations and is responsible for the monthly reconciliation process. The individual performs quarterly fee accrual analysis for public funds and assists in the production of annual audit reports.

POSITION ACTIVITIES

• Oversees the preparation of all entries for the public assets including subscriptions, redemptions, and transfers
• Monitors all collateral and securities sold under agreement to repurchase with counterparties and ensures that they are compliant within the established guidelines
• Monitors cash flows forecasts for future investment activity, highlighting potential cash shortfalls; purchases and sells foreign currency and enters short term note purchases
• Liaises with third-party custodian and counterparties, including resolving settlement issues and reconciling monthly custodian accounts
• Updates the market values weekly for hedge funds, swaps and forward currency contracts
• Reconciles swap and forward currency contracts with counterparties on a monthly basis and follows up on variances
• Reconciles cost and market values for all public assets against the values provided by brokers/fund managers
• Prepares aggregate monthly Public Asset entries for the database loads into the financial accounting system
• Verifies accuracy of automated upload of custodian public mandate values as well as any ad hoc entries
• Compares monthly manager-reported values and custodian values for fixed income securities and public loans and follows up/resolves any significant discrepancy in market value between the manager and the custodian
• Completes monthly reconciliation of all Investment trial balance accounts in the financial accounting system with the investment accounting system
• Reconciles, prepares, and processes quarterly investment management fee accruals for Public Assets
• Reconciles all profit and loss accounts in the financial accounting system against the custodian and investment accounting systems and explains/corrects any variances
• Updates and continuously improves the public asset policies and procedures
• Assists with the preparation of the financial statement note disclosures for the year-end corporate financial statements and audit work papers for interim and final audits

EDUCATION AND EXPERIENCE

• Minimum 4 year Bachelor’s Degree required, preferably with a concentration in Finance, Accounting, or an equivalent field of study
• Successful completion of an accounting designation (CPA) and/or CFA (Certified Financial Analyst) designation is required
• Minimum of 4-6 years of relevant experience in the brokerage, banking, or investment-related industry, with direct experience in the “back-office” function for at least part of that time period
• Experience in accounting for investments, including knowledge of portfolio reconciliations, pricing of swaps and forward contracts
• Familiarity with the custodian function and reconciliation of their accounts to the external manager
• Good insight into the investment sector, with an understanding of fixed income, public loans, hedge funds, swaps, forward contracts and private equity funds
• A desire to maintain a current knowledge of investment research, trends, and directions as they pertain to public and private assets
• Experience working with accounting system applications (Workday Financials would be an asset)
• Experience working with high volumes of transactions within tight deadlines

SKILLS AND ABILITIES

• Ability to meet established deadlines and prioritize work accordingly
• Strong interpersonal communication skills with an ability to deal with internal or external contacts on a regular basis
• Superior attention to detail and accuracy
• Ability to adapt well to change and learn new things quickly
• Advanced computer skills: specifically Excel and database applications
• Ability to work independently and as part of a team and set priorities in a multi-tasked environment
• Strong verbal and written communication skills (in English)
• Ability to handle confidential information with discretion and diplomacy
• Ability to take initiative, use sound judgement, and remain professional while attending to multiple priorities

POSTING DETAILS

• Job type: This is a regular full-time opportunity.
• This posting is for an existing vacancy.
• Salary range: $85,500 to $114,400 – this role is classified as a level 8; this position is eligible for a bonus
• Location: Fully Remote - working from a home-based office anywhere in the provinces of Ontario and Québec
• Skill assessment: selected candidates may be required to complete a skill assessment
• Application deadline: September 22, 2026 at 4:00pm ET

The CMPA is an equal opportunity employer and is committed to being responsive to those living with disabilities and strives to prevent and remove barriers to accessibility. The CMPA will provide support and accommodation in its recruitment processes to applicants living with disabilities. If you are invited to participate in an interview and/or skills assessment and have accommodation needs, please let us know.

Equity, diversity, and inclusion (EDI) is a key priority, and we actively strive to build a culture of inclusion where employees can be their authentic selves and are valued for their diverse experiences and perspectives.

We welcome and encourage candidates from diverse backgrounds and a variety of lived experiences to apply.

The CMPA offices, located in Ottawa, are located on the unceded, unsurrendered Territory of the Anishinaabe Algonquin Nation, whose presence here reaches back to time immemorial. We honour and pay our respect to these lands, and to all First Nations, Inuit and Métis Peoples throughout Turtle Island.