Fund Accounting Supervisor/manager, Private Markets - Halifax, Canada - MUFG Investor Services

MUFG Investor Services

Verified Company

Halifax, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

The Supervisor/Manager, Private Markets will support and supervise the day-to-day administration and financial reporting service requirements for our Private Equity, Private Debt and Real Asset fund clients.

These services will include all accounting and transaction administration for private market funds. The role will include the below key tasks.

You Will:

Supervise a team of fund accountants, mentor and support them through training and development
Provide a full range of fund accounting services to private market clients, including NAV review and preparation
Assist with setting up and reviewing consolidations through the investment structure using various consolidation rules
Review/Prepare third party reconciliations of investments and cash
Review/Prepare capital call and distribution calculations and notices
Review/Prepare fee schedules including calculation of management fees and carried interest, ensuring all calculations observe applicable fund documents
Review/Prepare investor allocations for each NAV cycle ensuring capital transactions are booked correctly and P&L is allocated correctly
Review client Limited Partnership Agreements (LPAs), PPMs, and other materials and ensure service levels are in line with such legal documents
Collaborate with client, banks, auditors and other third party providers to ensure smooth delivery to clients and completion of deliverables

Qualifications:

Postsecondary education/University Degree with a concentration in finance or accounting.
At least 4 years' experience working in the fund administration industry with experience supervising staff. This can include other administrators, investment managers or fund auditors.
Experience working in private markets is preferred
Experience with fund accounting software Geneva, Investran or Yardi would be beneficial
Completion or interest in a professional accounting designation (CPA, ACCA, ICAEW, CFA (or equivalent)) an asset

Additional Information:

Additional information
What's in it for you to join MUFG Investor Services?

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