Job Overview

Our client is seeking a highly analytical and detail-oriented Fund Accountant to support the accounting, reporting, and operational processes of private credit fund structures. This role is designed for a professional who is persistent, thorough, and comfortable working in a fast-paced environment involving complex financial instruments. You will be responsible for ensuring the integrity of fund data, from daily transaction reconciliations to the preparation of high-level financial statements. This is an excellent opportunity to apply strong corporate accounting skills to the specialized world of alternative investments.

Client Overview

Join a sophisticated financial services firm specializing in private credit and alternative investment structures. The organization manages complex portfolios involving multiple currencies, inter-affiliate activity, and revolving credit facilities. They value a culture of continuous improvement and are looking for a dedicated accountant to help streamline their reporting processes and maintain audit-ready financial records.

Schedule

• Monday - Friday, 9:00 AM – 5:00 PM Toronto Time (EST/EDT), (40 hours per week)

Independent Contractor Perks

• Permanent work-from-home setup
• Immediate hiring
• HMO coverage for eligible locations 

Responsibilities

Fund Accounting & Reconciliation

• Transaction Management: Systematically reconcile transactions, including complex private investments, inter-affiliate activity, and capital stock movements.
• Currency Oversight: Support and reconcile currency hedging entries, including forwards and swaps, while tracking overall currency movements.
• Liquidity Monitoring: Track bank activity and revolving credit facilities; manage and monitor inter-entity cash flows to ensure optimal liquidity.

Financial Reporting & Compliance

• Reporting Standards: Prepare comprehensive financial and management reports in accordance with IFRS and/or US GAAP standards.
• System Management: Utilize QuickBooks to maintain accurate general ledgers and fund-specific metrics.
• Performance Tracking: Maintain internal reporting schedules and fund performance data for stakeholder review.
• Tax & Compliance: Assist with the preparation of compliance documentation and tax reporting schedules.

Process Improvement & Investigation

• Issue Resolution: Conduct thorough investigations into accounting discrepancies and resolve complex transaction issues.
• System Optimization: Participate in the development and implementation of system and process improvements to enhance reporting speed and accuracy.

Requirements

• Minimum of 3 years of relevant experience, preferably within financial services, alternative investments, or private equity.
• Strong hands-on experience with fund accounting principles and investment reconciliations.
• Technical Proficiency: Advanced Excel skills and proven experience using QuickBooks.
• Accounting Standards: Solid working knowledge of IFRS and/or US GAAP.
• Education: Bachelor’s degree in Accounting, Finance, or a related field.
• Analytical Skills: Excellent problem-solving abilities with a meticulous approach to data integrity.
• Communication: Strong verbal and written English for professional internal reporting.
• Availability: Must be able to work consistently during Toronto business hours.

Qualifications

• Experience with specialized fund accounting software (e.g., Investran, Allvue) (Preferred).
• CPA or equivalent professional accounting designation (Nice to Have).
• Background in private credit or debt fund structures (Highly Regarded).

Side Note

This is a permanent work-from-home role under an Independent Contractor arrangement. Candidates must have their own reliable computer (capable of handling large Excel datasets) and high-speed internet connection, and are responsible for their own taxes and benefits. Professional hourly fees are established based on your performance in the application process.

Reminder

Please follow the provided link to BruntWork’s Career Site to finish your initial application requirements, including the assessment questions, technical check, and voice recording. Submissions with all requirements fulfilled will receive priority review.