Assistant Vice President

About the Role:

Your role will encompass the administration of and any services pursuant to Administration Agreements in respect of a portfolio of Private Equity funds working closely with the Vice President and supervising a small team of accountants.

Job Duties in Brief:

• Responsible for maintaining books and records and calculation of fund Net Asset Values;
• Coordinating and reviewing financial statements and associated reports, including performance metrics for monthly/quarterly reporting;
• Coordinate and review calculations of carried interest/performance/incentive fees;
• Coordinate and review calculations and investor allocations for capital calls, distributions and equalizations;
• Coordinate and review partner capital account statements;
• Coordinate processing of payments and other transactions;
• Supervise junior staff, reviewing and signing off on work performed;
• Act as a primary day-to-day contact with clients and other fund participants;
• Work closely with the Investor Relations team to respond to investor queries and disseminate capital activity and other investor notices;
• Maintain relationships with investors, investment advisors/managers, banks and auditors and other fund participants;
• Assist auditors and other fund participants and advisers;
• Participate in presentations to existing and prospective clients;
• Monitor compliance of various agreements with clients, including the Service Level Agreement;
• Participate in projects that may be defined from time to time in connection with the continuing expansion and evolution of the business;
• Any other functions required as part of the business of the Company, and reporting to the Vice President.

Qualification:

• Master Degree in Accounting, Finance, any other professional accounting qualification (ie. CA, CPA or ACCA or equivalent)
• Minimum of 8+ years’ experience in accounting for the financial services sector, particularly Private Equity, Asset Management or Fund Administration.
• Knowledge of IFRS and / or USGAAP
• Experienced in reviewing and preparing general ledger and financial statements.
• Established knowledge in relation to accounting and consolidations under IFRS.
• Excellent communication skills and proficiency in English (both verbal and written).
• Motivated, bright and diligent individual who is driven to meet deadlines.
• A team player who is able to manage individual responsibilities.
• Supervisory skills with experience in managing and/or leading staff for 3-4 years.
• Strong business acumen.
• Good client/business relationship management.
• Sound judgment, problem solving and analytical skills.
• Proficient with Microsoft Applications (Excel, Word, PowerPoint etc).
• User experience with enterprise accounting systems.
• Working knowledge of Investran highly desirable.
• Experience in Limited Partnership accounting.
• Private equity/real estate fund experience. Exposure to complex fund structure, waterfall computation, preferred return.