Fund Accounting Manager, Private Equity at MUFG Investor Services

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

14 Jan, 26

Salary

0.0

Posted On

16 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fund Accounting, Client Service, Team Management, NAV Preparation, Financial Instruments, Fee Calculations, AML Compliance, Microsoft Excel, Fund Administration, Problem Solving, Creativity, Accounting Software, Regulatory Reporting, Audit Preparation, Operational Efficiency, Client Relationships

Industry

Financial Services

Description

Company 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 17 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. To learn more, visit us at www.mufg-investorservices.com. #LI-Hybrid Job Description Report to the Director, Nexus, Client Delivery a list of your responsibilities will include: Provide the full range of fund accounting and administration services to fund of hedge fund clients, including Net Asset Value (NAV) preparation and review, custody servicing, investor record keeping and reporting Manage a team of Fund Accountants in performing accounting and administration service delivery to customers and train staff on all aspects of the NAV process Manage ongoing client relationships which could involve minimal travel Work with banks, auditors, brokers and custodians to ensure smooth service delivery to customers and completion of NAV Approve pricing of portfolios ensuring all securities are priced following the applicable fund documents Approve fee schedules including calculation of management and performance fees, ensuring all calculations follow applicable fund documents Review and approve investor allocations for each NAV cycle, custody trading documents, Subscription and Capital Call wires, ensuring execution as instructed by clients and deadlines are met Work with both the internal AML team, and the administrators, ensuring all AML requirements are met Respond to all client queries Review and sign any schedules, reports and files for review ensuring they are completed in compliance with organization controls; Help with the coordination of resources to ensure that all work is carried out and Service level agreement met daily; Approve payment of fund expenses in applicable banking systems, ensuring controls are followed Help with preparation and review of audited financial statements and annual audit; Review reporting for the regulatory authorities Establish fund or client specific procedures covering all aspects of our services; Ensure cross training and cover in place for all services provided to client. Help with the growth of the local office Create ideas for improving the NAV process, technological improvements and client reporting Participate in multiple system initiatives and projects Qualifications Post-secondary education/University Degree with a concentration in finance or accounting. At least 5 years' experience working in the fund administration industry with experience managing staff. This can include other administrators, investment managers or fund auditors. Experience with the fund administration business and the drivers of profitability and success. High proficiency with Microsoft Excel is an essential requirement for this role. In-depth understanding of fund administration industry. This includes multiple fund structures, fee calculations, financial instruments and fund offering documentation review. Have a client-centric mentality to provide an excellent client service Willing to embrace new technologies to identify new solutions and inefficient processes. Experience with team dynamics including engagement, moral, performance management Creativity in exploring solutions to improve daily operational efficiency Experience with fund accounting software Geneva, Investran or Yardi or working knowledge of Bloomberg would be beneficial Completion or interest in a professional accounting designation (CA, CGA, CMA, ACCA, ICAEW, CFA (or equivalent)) an asset Additional Information What’s in it for you to join MUFG Investor Services? Take a look at our careers site and you’ll find everything you’d expect working with one of the fastest-growing businesses at one of the world’s largest financial groups. Now take another look. Because it’s how we defy expectations that really defines us. You’ll feel that difference in all kinds of ways. Our vibrant CULTURE. Connected team. Love of innovation, laser client focus. So, why settle for the ordinary? Apply now for your next Brilliantly Different opportunity. We thank all candidates for applying; however, only those proceeding to the interview stage will be contacted. MUFG is an equal opportunity employer.

Responsibilities

The Fund Accounting Manager will provide a full range of fund accounting and administration services to fund of hedge fund clients, including NAV preparation and investor record keeping. They will manage a team of Fund Accountants and ensure smooth service delivery while maintaining client relationships.