Associate, Accounting & Finance

at  CentreCourt

POSITION SUMMARY:

A Toronto-based family office, that manages the personal investment portfolios and philanthropic endeavors of two ultra-high net worth business partners (the “Principals”), is currently seeking an Associate, Accounting & Finance to join its team. The Family Office’s mandate is to optimize risk-adjusted returns through strategic portfolio asset allocation, comprehensive tax planning, and thoughtful estate management. Its investment portfolios span a diverse array of public and private market assets, including real estate, private equity, and other alternatives.
The Associate, Accounting & Finance, role will be responsible for investment tracking, accounting and financial reporting, tax compliance and planning, and day-to-day cash management activities. The ideal candidate is a proactive, ambitious individual eager to learn from seasoned entrepreneurs and excel in a dynamic, detail-oriented environment. The Principals have a track record of nurturing professionals into skilled executives and are looking for someone who can quickly earn their trust and who is committed to a long-term career in family office investments.

QUALIFICATIONS:

• A Chartered Professional Accountant designation is required
• Minimum of 3 years of relevant/related accounting experience
• Demonstrated track record of academic and professional success, showcasing strong judgment, discretion, and work ethic.
• Excellent communication skills with the ability to ask insightful questions and navigate complex challenges independently.

The Associate will report directly to and collaborate closely with the Principals and the Chief Investment Officer. Key responsibilities include, but are not limited to:

• Investment Tracking and Reporting: Produce comprehensive monthly reports on all investments in the Principals’ portfolios, detailing returns, asset allocation versus targets, tax obligations, management fees, and other relevant metrics.
• Account Reconciliations and Financial Reporting: On a monthly basis, prepare reconciliations for bank and investment statements, track investment cost bases, manage all account activities and income/distributions, record journal entries, maintain an accurate trial balance, and generate financial reports for investment entities, including the Principals’ foundation and trusts.
• Cash Management: Forecast existing and future capital commitments, and handle day-to-day cash management activities, such as processing wires for capital calls. Assist the Chief Investment Officer with capital allocation decisions and participate in investment decision-making.
• Tax Planning and Efficiency: Review investment positions and holding company structures to identify opportunities for tax-efficient transactions and other tax planning activities, with guidance from the Principals and tax experts.
• Coordination with External Professionals: Work with external accountants and other professionals to ensure tax compliance, including managing periodic tax installments, year-end filings, and proactive tax planning.
• Foundation Administration: Oversee Foundation matters, including disbursing grants, issuing charitable donation receipts, and ensuring compliance with all regulatory requirements.
• Relationship Management: Maintain strong relationships with investment custodians, service providers, and various Company executives and experts.
• Documentation and Record Keeping: Collect and organize monthly and quarterly capital account statements, NAV statements, notices, subscriptions, and redemptions from investment custodians. Administer holding company records and keeping minute books up to date.
• Ad-Hoc Projects: Undertake other projects and analyses as needed.

Please note that this is an in-person office position.