Senior Fund Accountant

Squarepoint Capital; Montreal (administrative region); On-site; CAD 90,000 - 130,000; Full time

Job summary

Squarepoint Capital in Montreal seeks an experienced fund accountant to join a dynamic team. The role focuses on NAV review, allocations, and expense processing for hedge funds, private equity, and CLOs across multiple entities and time zones.

You will ensure fee calculations adhere to governing documents, support annual financial statements, and prepare monthly management reports while improving internal controls and efficiency.

Qualifications

• Must have hedge-fund fund accounting experience.
• Accounting experience on Private Equity, Venture Capital, and CLO entities a plus.
• Public or a mixture of Big 4 & private accounting experience; 8+ yrs. of fund accounting experience.
• Experience with investor and partnership allocations and related software (i.e. Backstop, Hedgetek, Investran, etc.).
• Exceptional analytical skills.
• Strong attention to detail.
• Team player with excellent communication skills.
• Ability to multitask.
• Highly organized.

Responsibilities

• Review calculation of estimated and final NAVs for a group of hedge funds and private equity funds, including FX classes of investors, side pockets and SMAs.
• Ensure management fees, performance fees, distribution waterfalls, and allocations are calculated in accordance with PPMs, IMAs, LPAs and side letters.
• Review investor subscription, redemption and capital call and distribution documents processed/prepared by fund administrator(s).
• Shadow allocations for certain funds and maintain database with investor information.
• Review fund operating expenses prepared by fund administrator and provide comments/changes.
• Process expense payments related to the funds and review allocations based on the expense allocation policy.
• Review of fund administrator-prepared annual financial statements, and liaise with external auditors and fund administrator(s) regarding financial reporting and timely issuance of financial statements.
• Compile information for due diligence requests from investors and counterparties, assist with other ad hoc.
• Prepare monthly reporting files for management and other interested parties.
• Implement systems, processes, and procedures to improve efficiency while maintaining adequate internal control environment.

Skills

Hedge fund accounting

Private Equity accounting

Venture Capital accounting

CLO accounting

Big4 experience

Fund allocations

Analytical skills

Attention to detail

Communication skills

Multitasking

Organized

Tools

Backstop

Hedgetek

Investran

Job description

Position Overview:

The candidate must be comfortable working in a rapidly changing environment with an ability to deliver high quality work in collaboration with colleagues in different offices and service providers in different time zones.

• Review calculation of estimated and final NAVs for a group of hedge fundsand private equity funds, including FX classes of investors, side pockets and SMAs
• Ensure managementfees,performance fees, distribution waterfalls, andallocations are calculated in accordance with PPMs, IMAs,LPAsand side letters.
• Review investor subscription, redemption and capital call and distribution documents processed/prepared by fund administrator(s)
• Shadow allocations for certain funds and maintain database with investor information
• Review fund operating expenses prepared by fund administrator and provide comments/changes
• Process expense payments related to the funds and review allocations based on the expense allocation policy
• Review of fund administrator-prepared annual financial statements, and liaise with external auditors and fund administrator(s)regarding financial reporting and timely issuance of financial statements
• Compile information for due diligence requests from investors and counterparties, assist with other ad hoc
• Prepare monthly reporting files for management and other interested parties
• Implement systems, processes, and procedures to improve efficiency while maintaining adequate internal control environment

Required Qualifications:

• Must have Hedge-** fund fund accounting experience**
• Accounting experience on Private Equity, Venture Capital, and CLO entities a plus
• Public or a mixture of Big 4 & private accounting experience; 8+ yrs. of fund accounting experience including
• Experience with investor and partnership allocations and related software (i.e. Backstop, Hedgetek, Investran, etc.)
• Exceptional analytical skills
• Strong attention to detail
• Team player with excellent communication skills.
• Ability to multitask
• Highly organized