Hedge Senior Fund Accountant - Toronto
Company description
Pinnacle Fund Services (Pinnacle) is a privately-owned company headquartered in Vancouver, that provides high quality accounting and administrative services to hedge funds, private equity funds, and other investment funds in Canada, the United States and internationally. Pinnacle provides clients with responsive service and provides employees with a dynamic workplace and career growth potential. To deliver service to our growing client base, Pinnacle is seeking candidates for a Senior Fund Accountant to join our Hedge Team.
Job description
The Senior Fund Accountant is responsible for leading the full-cycle NAV production process for a Hedge Fund client portfolio and will have the opportunity to significantly contribute to Pinnacle’s growth. As part of the Hedge Team you will work with different types of hedge fund structures domiciled in Canada, the United States and Cayman Islands
We are seeking strong team players, outgoing individuals, who possess a strong work ethic and can take initiative in a growing entrepreneurial company. If you have some previous fund administration experience or experience in the fund industry and want to grow your career in Fund Administration, this role is for you. Please note this will be a hybrid role (home/office).
Responsibilities
- Acting as the main point of contact to manage multiple client relationships
- Assisting with the preparation and/or review of net asset value calculations on a timely basis, which includes:
- Recording capital activity such as subscriptions and redemptions
- Recording cash activity and performing cash reconciliations
- Recording and reconciling investment trading activity
- Pricing portfolios (including derivatives, stocks, and bonds) in accordance with funds’ offering documents
- Ensuring fund income and expenses, including management and performance fees, are accrued for and are in accordance with relevant accounting standards
- Preparing Investor Statements and contract notes
- Preparation of financial statements
- Coordinating year-end audit and tax reporting requests with client and auditors
- Responding to ad-hoc reporting requests as required by clients
- Ability to manage own time and workload effectively ensuring both internal and external deadlines are met
- Ability to manage client inbox’s by responding to queries in a timely and professional manner
- Ability to prioritize client and internal requests and determine which require escalating to their Manager
- Ability to independently problem solve to provide suggestions/solutions to their Manager
Desired skills and experience
- Prior fund accounting experience of at least 1-2 years is required
- Knowledge of open-ended funds and master/feeder structures desired
- Accounting designation desired, but not required
- Strong knowledge of accounting concepts
- Strong knowledge of Microsoft Excel
- Solid interpersonal and communication skills
- Strong organizational skills
- Ability to handle multiple demands, competing priorities, and constant change
- Ability to allocate time effectively and manage tight deadlines
- Prior experience with PFS-Paxus is desired, but not required
- Prior experience with Fundserv is desired, but not required
