Senior Fund Accountant - Private Markets
At a glance
Senior Accounting role at MUFG Investor Services. Toronto · full-time · CA$72,000–CA$105,600 base.
financeroles summary, based on the employer's posting.
What you'll do
- Prepare fund NAVs by recording accruals, pricing securities, and reconciling cash and investment positions
- Price portfolio holdings according to fund documents and valuation policies
- Calculate capital calls, distributions, management fees, and waterfall allocations using fund rules
- Allocate investor capital activity and profits or losses correctly for each NAV cycle
- Build NAV packages, support audits and regulatory work, and coordinate deliverables with clients and internal teams
What you bring
- You’re proficient in Microsoft Excel
- Fund accounting experience is helpful, though the posting says it is not required
- A university degree or professional credential such as CPA, CMA or another listed designation is an asset
Who this fits
This senior accounting role suits someone who can handle private markets fund accounting and client-facing deliverables. It is based in Toronto with a hybrid arrangement.
From the employer
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.
Reporting to the Associate Director, this is a unique opportunity to join a dynamic, fast-growing company in Financial Services.
You Will:
- Provide a full range of fund accounting services to private markets clients, including NAV preparation, booking accruals, security pricing, performing cash and security position reconciliations.
- Prepare pricing of portfolios ensuring all holdings are priced observing the applicable fund documents and valuation policies.
- Prepare capital call, distribution calculation and allocation.
- Prepare fee schedules including calculation of management fee and waterfall, ensuring all calculations observe applicable fund documents.
- Prepare Investor allocations for each NAV cycle ensuring capital transactions are booked correctly and P&L is allocated correctly.
- Prepare NAV packages and other ad hoc deliverables as defined in the service level agreements.
- Complete other ad hoc requests and projects.
- Communicate with internal MUFG teams and external clients, ensuring all deliverables and requests are met.
- Prepare/Assist with audited Financial Statements, audit assistance, and other regulatory services, as applicable.
- University degree/Professional designation such as ACCA, CPA, CMA, etc will be considered as an asset.
- Proficiency with Microsoft Excel.
- Prior fund accounting experience is desired, but not required.
This is for an existing vacancy
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.
This role is being hired to fill an existing vacancy.
At MUFG Investor Services, we use Artificial Intelligence (AI) tools to help identify skills and experience that align with role requirements. All AI recommendations are reviewed by our recruitment team before any decisions are made.
MUFG is an equal opportunity employer.