Supervisor, Fund Accounting (Private Markets / Private Equity)

MUFG Investor Services; Toronto; Hybrid; CAD 80,000 - 110,000; Full time

Benefits offered by this job

Hybrid working model

Opportunities for learning and development

Collaborative, client-focused culture

Job summary

MUFG Investor Services in Toronto is seeking a Junior Associate Director to oversee fund administration services for private equity clients. The role involves maintaining accurate books, preparing financial reports, and mentoring staff to ensure quality. Candidates should have a degree in finance or accounting, management experience, and familiarity with fund accounting software. The position offers a hybrid work model within a respected financial services organization.

Qualifications

• Experience working in the fund administration industry and managing staff.
• In-depth understanding of fund structures, fee calculations, and financial instruments.
• Some years of relevant experience in finance or accounting.

Responsibilities

• Oversee fund administration services for private equity clients.
• Prepare financial and investor reporting and supervise associate-level staff.
• Collaborate with clients and third parties to ensure smooth service delivery.

Skills

Microsoft Excel

Fund administration knowledge

Management experience

Education

Post-secondary education/university degree in finance or accounting

Professional accounting designation (CPA, ACCA or equivalent) preferred

Tools

Fund accounting software (Geneva, Investran, Yardi)

Bloomberg

Job description

About MUFG Investor Services

MUFG Investor Services is a trusted partner to many of the world’s largest public and private funds, providing asset servicing and operational solutions built for alternatives. With over $1 trillion in client assets under administration, we offer fund administration, banking, payments, fund financing, foreign exchange overlay, corporate and regulatory services, custody, business consulting, and more. Operating from 14 locations worldwide, we help clients mitigate risk, enhance efficiency, and navigate the operational complexities of today’s investment management landscape. As a division of Mitsubishi UFJ Financial Group (MUFG), one of the world’s largest financial institutions with approximately $3 trillion in assets, we combine deep expertise with the strength and stability of a leading financial institution.

Job Description

The Junior Associate Director (Supervisor) will play a pivotal role in overseeing the delivery of fund administration services to private market clients, with a particular focus on private equity structures. The role involves maintaining accurate books and records, preparing financial and investor reporting, and supervising associate‑level staff, reviewing their work, and providing mentorship to ensure quality and consistency. The Junior Associate Director supports all accounting and operational aspects of clients serviced through the Investran platform and acts as a primary point of contact for clients, auditors, and internal teams, ensuring high‑quality service delivery and strict adherence to deadlines.

You Will:

• Review financial data received from Private Equity clients and load it into our internal accounting systems.
• Assist with setting up, preparing, and reviewing consolidations through the investment structure using various consolidation rules.
• Process payment of fund expenses in the applicable banking system.
• Book journal entries related to cash payments and accruals.
• Prepare third‑party reconciliations of investments and cash.
• Prepare capital call and distribution calculations and notices.
• Prepare fee schedules, including calculation of management fees and carried interest, ensuring all calculations observe applicable fund documents.
• Prepare investor allocations for each NAV cycle, ensuring capital transactions are booked correctly and P&L is allocated correctly.
• Prepare NAV packages and other ad‑hoc deliverables as defined in the service‑level agreements.
• Collaborate with clients, banks, auditors, and other third parties to ensure smooth delivery to clients and completion of deliverables.

Qualifications

• Post‑secondary education/university degree with a concentration in finance or accounting.
• Some years of experience working in the fund administration industry and managing staff (e.g., other administrators, investment managers, or fund auditors).
• Proficient in Microsoft Excel.
• In‑depth understanding of the fund administration industry, including multiple fund structures, fee calculations, financial instruments, and fund‑offering documentation review.
• Professional accounting designation (CPA, ACCA, or equivalent) preferred or in progress.
• Existing experience with fund accounting software Geneva, Investran, or Yardi is an asset.
• Working knowledge of Bloomberg is beneficial but not required.

Benefits

Hybrid working models, opportunities for learning and development, and a collaborative, client‑focused culture. The role offers a chance to work across a global network and contribute to a fast‑growing business within one of the world’s largest financial groups.

MUFG is an equal opportunity employer.