Analyst – P&L, Valuations & Operational Risk
(New/Recent Graduate)

A leading global investment fund administrator, is seeking a full-time P&L Analyst for their downtown Toronto office.
The analyst will responsible for providing trade support for deals initiated by the trading desks stretching across various asset classes. The position requires thorough understanding of complex OTC instruments, close attention to detail and an ability to get closure on issues promptly. The successful candidate will be working in a dynamic and challenging environment covering day to day client support and related controls across OTC derivative transactions.

Primary Responsibilities:

• Perform daily processing responsibilities including trade reconciliation, accurate trade processing, trade affirmations and pricing
• Perform valuation of assigned client portfolios while analyzing P&L changes. Reviewing and addressing all out of tolerance fluctuations
• Interact with various third party service providers such as custodians, brokers and external valuators to resolve discrepancies and escalate issues to relevant personnel
• Review trade blotters to accurately setup new OTC instruments and book/modify orders as applicable
• Review and analyze multiple corporate actions including pay-downs, splits, mergers & acquisitions, spin offs etc.
• Prepare daily, weekly and monthly P&L reports for review catering to internal risk team and client representatives
• Monitor fund pricing policy on an ongoing basis and escalate trading in restricted asset classes to the management team
• Understand and be able to communicate key regulatory changes that impact product support and derivative trading
• Create month end packages according to the process control checklist

Requirements:

• Bachelor degree in Finance/Accounting or equivalent
• Completion or candidacy in CFA, CSC or similar designation an asset
• Advanced proficiency in MS Excel
• Strong analytical skills and basic knowledge of financial instruments
• Strong adaptability and learning capability
• Excellent oral and written communication skills

Job Type: Full-time
Experience: Entry Level

*In the event that you are unable to upload your resume, please send it to us at resumes@fundaccountingedge.com (word or pdf format only), with the exact subject line: Candidate – Analyst – P&L, Valuations & Operational Risk. If you are applying for more than one position ensure that you send separate emails and follow the instructions noted in that position. Please note that we are aware of rare instances where users are unable to upload their resumes using certain OS versions. Unfortunately we are unable to resolve those as they are related to user browser settings and OS versions, we are continuing to investigate this issue and working to find a potential solution at the platform level.

Fund Accountant – Investment Fund Operations
(New/Recent Graduate)

A leading global investment fund administrator, is seeking a full-time Fund Accountant for their downtown Toronto office.
The fund accountant will be responsible for every aspect of Hedge Fund NAV calculation and administration. The position requires strong accounting skills, along with acute attention to detail and the ability to work in a fast paced, time sensitive environment with competing deadlines.

Primary Responsibilities:

• Cash and position reconciliation between accounting system, Prime Broker, Investment Manager and Custodian
• Accounting for all investment transactions including trades, subscriptions/redemptions, income and expense accruals
• Maintain the accounting records of client portfolios
• Book and verify listed and OTC trades in a timely manner
• Upload prices from client file for tier three funds
• Accurately identifying, booking and verifying all corporate actions per internal procedures
• Report the daily net asset value of funds to clients and their representatives according to instructions
• Perform additional audit and compliance checks to support the calculation of the NAV
• Liaise with internal staff and clients to resolve all issues concerning trade corrections, cash discrepancies, questionable transactions, etc.
• Perform management and performance fee calculations and make necessary adjustments accurately that impact the unit price
• Prepare financial statements and allocations
• Establish and maintain excellent rapport with internal departments/external contacts

Requirements:

• Bachelor degree in Finance/Accounting or equivalent
• Completion or candidacy in CPA, CSC or similar designation an asset
• Demonstration of excellent judgment capability in a fast paced/time sensitive working environment
• Moderate proficiency in MS Excel and other MS office programs
• Strong analytical skills and fundamental accounting knowledge
• Excellent oral and written communication skills

Job Type: Full-time
Experience: Entry Level

*In the event that you are unable to upload your resume, please send it to us at resumes@fundaccountingedge.com (word or pdf format only), with the exact subject line: Candidate – Fund Accountant – Investment Fund Operations. If you are applying for more than one position ensure that you send separate emails and follow the instructions noted in that position. Please note that we are aware of rare instances where users are unable to upload their resumes using certain OS versions. Unfortunately we are unable to resolve those as they are related to user browser settings and OS versions, we are continuing to investigate this issue and working to find a potential solution at the platform level.

Corporate Actions Analyst – Investment Fund Operations
(New/Recent Graduate)

A leading global investment fund administrator, is seeking a full-time Corporate Actions Analyst for their downtown Toronto office.

The corporate actions team is responsible for ensuring accurate and timely reflection of all events, mandatory, mandatory with options and voluntary corporate actions, originated by listed companies. The team monitors market data through multiple vendor reports and books all corporate actions as applicable on assigned client databases. Additionally, the corporate actions team is also responsible for generating support documentation to assist internal stakeholders, including other middle office and back office operations teams. The analysts will be frequently required to address ad-hoc queries from fund accountants and analysts from others departments. The position requires fundamental understanding of listed instruments, specialized training will be provided. The successful candidate can expect to work in a dynamic, time sensitive and challenging environment.

Primary Responsibilities:

• Perform daily checks to ensure all corporate actions data is up to date in the system.
• Book all applicable corporate actions on assigned client databases within internal SLA deadlines.
• Check pre and post corporate action position and cash flows against vendor data to verify accuracy of bookings.
• Generate support documentation, including, source data, P&L impact abstract, position and cash flow impact abstracts.
• Ensure that execution instructions are received for voluntary & mandatory with option corporate actions in a timely manner from back office operations, indicating client selection, where standing instructions are unavailable.
• Coordinate with data providers for any outstanding issues/changes or modifications.
• Liaise with trustees and custodians for clarifications, additional details as applicable.
• Address queries from back office and middle office teams in a timely manner, providing relevant documentation, explanations and other support as required.

Requirements:

• Bachelor degree in Finance/Accounting or equivalent
• Completion or candidacy in CFA, CSC or similar designation an asset
• Intermediate proficiency in MS Excel
• Strong analytical skills and knowledge of financial instruments
• Strong adaptability and propensity to learn new and challenging things
• Excellent oral and written communication skills

Job Type: Full-time
Experience: Entry Level

*In the event that you are unable to upload your resume, please send it to us at resumes@fundaccountingedge.com (word or pdf format only), with the exact subject line: Candidate – Corporate Actions Analyst – Investment Fund Operations. If you are applying for more than one position ensure that you send separate emails and follow the instructions noted in that position. Please note that we are aware of rare instances where users are unable to upload their resumes using certain OS versions. Unfortunately we are unable to resolve those as they are related to user browser settings and OS versions, we are continuing to investigate this issue and working to find a potential solution at the platform level.

Analyst – Process Analytics & Enhancements

A leading global investment fund administrator, is seeking a full-time Analyst for their downtown Toronto office.

The analyst will be responsible for a variety of duties, including, assisting with the preparation of Financial Reporting, Tax and Audit. This position requires knowledge of the investment fund industry from an operations, technical, business processes and management skills perspective. Additionally, the successful candidate must exhibit an eye for creativity, close attention to detail and an ability to get closure on issues promptly.

Primary Responsibilities:

• Create & periodically review both, listed & OTC securities per backups provided by the valuations team;
• Update missing RICs and other global I.Ds as needed, ensure valuations team is advised of any changes on security master that may potentially impact NAV valuations;
• Research and prepare corporate action templates in accordance with the prospectus/circular/tax filings;
• Liaise with the valuations team to obtain the necessary documents to in order to determine booking methodologies;
• Review and spot check corporate actions templates prepared by the team;
• Ensure all procedures are, without exception, followed accurately and consistently, and proper backup is included within the corporate action package;
• Provide list of corporate actions to valuations team upon request.
• Prepare valuation packages for new funds, including daily, weekly, and monthly NAVs;
• Ensure absolute accuracy with pricing, corporate actions, dividends, fund specific accruals & all other transactional activity;
• Update NAV discrepancy report and submit to the Manager and ensure that the policy mandate governing NAV error reporting is strictly followed;
• Ensure capital stock transactions are recorded accurately and reconciled with URK reports;
• Ensure all documentation is up to date & proper procedures are in place for NAV delivery to clients, URK and third parties;
• Assist in preparing Semi-annual and Year-end financial statements;
• Preparing and analyzing year-end distribution calculations;
• Provide comprehensive training to new employees, and to existing members of the team;
• Keep up-to-date with new legal & regulatory requirements which may impact operations;
• Work to continually improve the processes associated with your assigned functions;
• Keep management informed of any and all issues that could have an impact on current processes & deliverables.

Requirements:

• Bachelor degree in Finance/Accounting or equivalent.
• Completion or candidacy in CFA, CSC or similar designation an asset.
• Intermediate/Advanced proficiency in MS Excel.
• Strong analytical skills and basic knowledge of financial instruments.
• Ability to work with minimal supervision to prioritize and manage work.
• Strong adaptability and learning capability.
• Excellent oral and written communication skills.
• Prior accounting/finance experience preferred but not required.
• New/recent graduates are welcome to apply.

Job Type: Full-time

*In the event that you are unable to upload your resume, please send it to us at resumes@fundaccountingedge.com (word or pdf format only), with the exact subject line: Candidate – Analyst – Process Analytics & Enhancements. If you are applying for more than one position ensure that you send separate emails and follow the instructions noted in that position. Please note that we are aware of rare instances where users are unable to upload their resumes using certain OS versions. Unfortunately we are unable to resolve those as they are related to user browser settings and OS versions, we are continuing to investigate this issue and working to find a potential solution at the platform level.

Associate – Hedge Fund Operations

A fast growing Canadian hedge fund manager, is seeking a full-time Operations Associate for their downtown Toronto office.

Reporting to the Managing Director and to the Director of Operations/Valuations, the duties performed by the Associate will include:

• Valuations: working with the Director of Operations/Valuations on Excel-based valuation models for daily, weekly and month return estimates, month-end valuation packages, the production of semi-annual fund financial statements and year-end fund audited financial statements;
• Compliance: working with the Chief Compliance Officer to ensure that investor compliance documentation including, subscription agreements and Know Your Client forms reflect accurate and up-to-date information. Following up with clients pro-actively to resolve any related issues. The incumbent will also be responsible for periodic compliance related projects and regulatory filings;
• General administration and operations: assisting with updating marketing materials, monthly investor reporting, web site updates, organizing mail, filing, etc.

Requirements:

• Post-secondary education in Accounting/Finance or equivalent
• Strong teamwork skills and eagerness to learn from others
• Strong attention to detail
• Intermediate level proficiency in MS Excel
• Excellent time management and prioritization skills
• Excellent oral and written communication skills
• Long-term commitment

Preferred:

• Prior valuation or accounting experience
• Canadian Securities Course, completed or in progress
• Advanced MS Excel, including VBA
• HTML programming skills

Job Type: Full-time

*In the event that you are unable to upload your resume, please send it to us at resumes@fundaccountingedge.com (word or pdf format only), with the exact subject line: Candidate – Associate – Hedge Fund Operations. If you are applying for more than one position ensure that you send separate emails and follow the instructions noted in that position. Please note that we are aware of rare instances where users are unable to upload their resumes using certain OS versions. Unfortunately we are unable to resolve those as they are related to user browser settings and OS versions, we are continuing to investigate this issue and working to find a potential solution at the platform level.