Fund Accounting Manager

Position Overview We are seeking an experienced Fund Accounting Manager to oversee fund accounting operations, financial reporting and client service delivery for a portfolio of investment funds. The successful candidate will be responsible for ensuring the accuracy and timeliness of fund financial information, managing a team of accounting professionals, and maintaining strong relationships with clients and key stakeholders. This role requires a strong understanding of fund accounting principles, NAV calculations, financial reporting and operational controls, ideally within an alternative investment, hedge fund or private equity environment.

Responsibilities

• Oversee day-to-day fund accounting activities, ensuring accurate and timely financial reporting and deliverables.
• Manage and review Net Asset Value (NAV) calculations, fund reconciliations, journal entries and financial statements.
• Supervise, mentor and develop a team of fund accountants, providing guidance, performance feedback and technical support.
• Ensure compliance with applicable accounting standards, regulatory requirements, internal policies and client-specific procedures.
• Review fund transactions, including subscriptions, redemptions, capital calls, distributions, income allocations and expense calculations, as applicable.
• Monitor accounting workflows, deadlines and service-level agreements to ensure consistent, high-quality service delivery.
• Serve as a primary point of contact for clients, auditors and other external stakeholders, addressing inquiries and resolving complex accounting issues.
• Coordinate year-end audits and support the preparation of audited financial statements and supporting documentation.
• Identify opportunities to improve accounting processes, strengthen internal controls and enhance operational efficiency.
• Collaborate with internal teams, including investor services, operations, tax and compliance, to ensure seamless fund administration.
• Support the implementation of new funds, accounting systems, procedures and process improvements.

Qualifications

• Bachelor's degree in Accounting, Finance or a related discipline.
• CPA designation or progress toward a professional accounting designation is an asset.
• Approximately 5–8+ years of relevant experience in fund accounting, fund administration or investment operations, including experience overseeing or reviewing the work of others.
• Previous experience managing, mentoring or supervising an accounting team.
• Strong knowledge of fund accounting principles, NAV calculations, reconciliations and financial reporting.
• Experience supporting hedge funds, private equity funds, private credit or other alternative investment structures is highly desirable.
• Familiarity with IFRS, US GAAP or other applicable fund accounting standards.
• Strong analytical, organizational and problem-solving skills, with excellent attention to detail.
• Excellent written and verbal communication skills, including the ability to manage client relationships and explain complex accounting matters.
• Proficiency with Microsoft Excel and fund accounting or investment administration platforms.

Required Skills

• Strong knowledge of fund accounting principles, NAV calculations, reconciliations and financial reporting.
• Strong analytical, organizational and problem-solving skills, with excellent attention to detail.
• Excellent written and verbal communication skills, including the ability to manage client relationships and explain complex accounting matters.
• Proficiency with Microsoft Excel and fund accounting or investment administration platforms.
• CPA designation or progress toward a professional accounting designation is an asset.
• Experience supporting hedge funds, private equity funds, private credit or other alternative investment structures is highly desirable.
• Familiarity with IFRS, US GAAP or other applicable fund accounting standards.