Supervisor, Fund Accounting, Private Equity
At a glance
Mid-level Accounting role at MUFG Investor Services. Toronto · full-time · CA$82,500–CA$121,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Prepare and check NAVs, accruals, pricing, and cash and security reconciliations for private equity funds
- Calculate capital calls, distributions, management fees, waterfall amounts, and investor allocations in line with fund documents
- Build NAV packages, audited financial statements, and other client deliverables, and support audits and regulatory work
- Coordinate with clients and internal teams to meet delivery commitments and handle additional requests or projects
What you bring
- At least three years in fund administration, including two or more years focused on private equity
- You understand private equity structures, regulatory rules, waterfall calculations, and how to review partnership agreements and offering memoranda
- You have used a private equity accounting system; Investran is preferred
- Supervisory, coaching, or mentoring experience is relevant, and an accounting degree or professional designation is an asset
Who this fits
This mid-level supervisory role suits someone with private equity fund administration experience who can review work and support colleagues. The role is based onsite in Toronto.
From the employer
About MUFG Investor Services:
MUFG Investor Services provides asset servicing solutions to the global investment management industry. Leveraging the financial and intellectual capital of MUFG – one of the largest banks in the world with $2.8 trillion in assets – we provide clients access to a range of leading solutions from fund administration, middle-office outsourcing, custody, foreign exchange, trustee services and depository to securities lending and other banking services.
With a diverse and dynamic network of offices across the globe, MUFG Investor Services provides challenging and rewarding careers. We achieve this by offering continuous learning and development, collaborative team work environment, promotion of work-life integration, and exposure to a wide variety of work.
Imagine your future at MUFG Investor Services where you can grow professionally, in a diverse and inclusive workplace that rewards your contribution.
Reporting to the Associate Director, Nexus, Client Delivery, 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 equity clients, including NAV review and preparation, including reviewing accruals, security pricing, reviewing cash and security position reconciliations.
- Review/Prepare pricing of portfolios ensuring all holdings are priced observing the applicable fund documents and valuation policies.
- Review/Prepare capital call and distribution calculation and allocation.
- Review/Prepare fee schedules including calculation of management fee and waterfall, ensuring all calculations observe applicable fund documents.
- Review/Prepare Investor allocations for each NAV cycle ensuring capital transactions are booked correctly and P&L is allocated correctly.
- Review/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.
- Review/Prepare 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.
- At least 3 years experience in a Fund Administration role with at least 2 of those working in a Private Equity role.
- Experience in working on a Private Equity accounting system, preferably Investran.
- Have a strong knowledge of Private Equity structures, regulatory requirements and waterfall calculations.
- Have experience in reviewing Limited Partnership Agreements and OM’s.
- Experience in supervisory skills and/or coaching / mentoring.
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 and next-level LEARNING & DEVELOPMENT.
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.
We are committed to using Artificial Intelligence (AI) tools responsibly and being transparent about what we do to build trust and confidence. At MUFG Investor Services, we use AI tools to support our recruitment process by helping us understand how well candidates’ applications align with the requirements of the role.
All AI recommendations are reviewed by our recruitment team before any decisions are made.
More information on our use of AI tools is available in our Privacy Notice available to you as part of your application.
MUFG is an equal opportunity employer.