VP, Fund Accounting (Private Assets)

Kassen Recruitment; Toronto; On-site; CAD 180,000 - 240,000; Full time

Job summary

Not disclosed is seeking a Vice President, Fund Accounting - Private Equity to lead its private assets operations team in Toronto. You will drive NAV calculations, financial statement prep, and capital allocations while managing a high-performing group.

You will oversee client relationships, collaborate with Investor Relations, Tax, Audit, Financial Reporting, and Technology, and advance automation and process improvements to scale operations globally.

Qualifications

• University degree in Accounting, Finance, or Economics; CPA or equivalent designation strongly preferred.
• 8+ years of progressive experience in private equity or public accounting, with leadership responsibilities.
• Deep technical expertise in private equity fund structures, accounting policies (US GAAP, IFRS, etc.), and operational workflows.
• Strong understanding of fund waterfalls, carried interest models, and capital event reporting.
• Track record of leading technology transformation and process automation initiatives.
• Skilled communicator and strategic thinker with a collaborative, solutions-oriented approach.

Responsibilities

• Lead and mentor a team of managers and accounting professionals, fostering a high-performance culture.
• Direct resource planning, workflow management, and execution of deliverables to meet service-level agreements.
• Oversee daily operations, ensuring the timely and accurate calculation of NAVs, financial statement preparation, and capital allocations.
• Review accounting outputs including management and performance fees, carried interest, and investor reporting.
• Maintain strong client relationships as the primary point of contact for fund accounting services.
• Collaborate cross-functionally with Investor Relations, Tax, Audit, Financial Reporting, and Technology teams.
• Ensure all documentation, processes, and deliverables adhere to internal controls, regulatory standards, and client expectations.
• Oversee audit processes and partner with external stakeholders to ensure compliance and timely resolution of issues.
• Drive efficiency and automation initiatives across fund operations.
• Participate in new client onboarding, conversions, and integration projects.
• Review and refine operations processes to align with strategic business goals.
• Identify, plan, and implement improvements in process quality, team capabilities, and technology adoption.
• Recruit, train, and develop team members; conduct regular performance reviews and career coaching.
• Identify skills gaps and implement training programs to elevate team performance.
• Act as a liaison between team and senior leadership, fostering open communication and transparency.
• Champion a culture of continuous improvement, accountability, and operational excellence.

Skills

Leadership

Team management

Fund accounting

Private equity knowledge

Communication

Process automation

Education

CPA or equivalent designation

University degree in Accounting/Finance

Tools

PE accounting platforms

Excel

Job description

A top-tier financial services provider is looking to hire a Vice President, Fund Accounting - Private Equity to lead its private assets operations team. This is a high-impact leadership role ideal for someone with deep fund accounting expertise, exceptional team management capabilities, and a strong understanding of private equity structures. You'll be responsible for overseeing client service delivery, operational effectiveness, and strategic initiatives within a dynamic, global environment.

What You’ll Do

Team & Operational Leadership

• Lead and mentor a team of managers and accounting professionals, fostering a high-performance culture
• Direct resource planning, workflow management, and execution of deliverables to meet service-level agreements
• Oversee daily operations, ensuring the timely and accurate calculation of NAVs, financial statement preparation, and capital allocations
• Review accounting outputs including management and performance fees, carried interest, and investor reporting

Client Management & Compliance

• Maintain strong client relationships as the primary point of contact for fund accounting services
• Collaborate cross-functionally with Investor Relations, Tax, Audit, Financial Reporting, and Technology teams
• Ensure all documentation, processes, and deliverables adhere to internal controls, regulatory standards, and client expectations
• Oversee audit processes and partner with external stakeholders to ensure compliance and timely resolution of issues

Strategic Initiatives & Special Projects

• Drive efficiency and automation initiatives across fund operations
• Participate in new client onboarding, conversions, and integration projects
• Review and refine operations processes to align with strategic business goals
• Identify, plan, and implement improvements in process quality, team capabilities, and technology adoption

People Development & Culture

• Recruit, train, and develop team members; conduct regular performance reviews and career coaching
• Identify skills gaps and implement training programs to elevate team performance
• Act as a liaison between team and senior leadership, fostering open communication and transparency
• Champion a culture of continuous improvement, accountability, and operational excellence

What You Bring

• University degree in Accounting, Finance, or Economics; CPA or equivalent designation strongly preferred
• 8+ years of progressive experience in private equity or public accounting, with leadership responsibilities
• Deep technical expertise in private equity fund structures, accounting policies (US GAAP, IFRS, etc.), and operational workflows
• Strong understanding of fund waterfalls, carried interest models, and capital event reporting
• Track record of leading technology transformation and process automation initiatives
• Skilled communicator and strategic thinker with a collaborative, solutions-oriented approach
• Proficiency in Excel and Word; experience with PE accounting platforms is a strong asset

Why This Role

This is an opportunity to join a leading platform in the private equity administration space and play a critical role in scaling operations, enhancing client satisfaction, and shaping the next phase of growth. You'll be working alongside senior leaders and industry experts in an environment that values innovation, quality, and people development.