Job Description

Private Equity Assistant Manager
Company description
Pinnacle Fund Services (Pinnacle) is a privately-owned company headquartered in Vancouver, that provides high quality accounting and administrative services to hedge funds, private equity funds, and other investment funds in Canada, the United States and internationally. Pinnacle provides clients with responsive service and provides employees with a dynamic workplace and career growth potential. To deliver service to our growing client base, Pinnacle is seeking candidates for an Assistant Manager to join our Private Equity Team in our Vancouver or Toronto offices.
Job description
As an Assistant Manager you will be responsible for a portfolio of private equity funds both providing first review responsibility on a selection of lower risk NAVs and preparation of NAVs for larger and more complex client relationships. As part of the Private Equity Team you will work with close-ended Funds specializing in private equity, private debt, real estate and venture capital.
As an Assistant Manager in this Team you will have the opportunity to significantly contribute to Pinnacle's growth. We are seeking strong team players, outgoing individuals, who possess a strong work ethic and can take initiative in a growing entrepreneurial company. If you have prior private equity fund administration management experience, a few years experience in a senior fund accounting role or relevant experience in the fund industry and want to further grow your career in Fund Administration, this role is for you.
Responsibilities
Assisting in the management of a portfolio of client relationships
Reviewing net asset valuations performed by fund accountants prior to release to clients and investors, which includes:
Reviewing capital activity such as capital calls & distributions
Reviewing the general ledger
Reviewing cash activity and cash reconciliations
Reviewing income and expenses, including management and performance fees and ensuring they are accrued for and are in accordance with relevant accounting standards
Reviewing Investor Statements and contract notes
Preparation of net asset valuation files for larger and more complex clients for review by Management
Reviewing financial statements and preparing financial statements for larger and more complex clients
Managing year-end audits/tax reporting with clients' and independent auditors and ensuring fieldwork is completed on schedule
Coaching and training of junior staff
Actively manages staff's time and workload effectively ensuring both internal and external deadlines are met
Ability to manage their own time and workload effectively to ensure both internal and external deadlines are met
Actively manages client request's and ensures staff are responding to queries in a timely and professional manner
Ability to prioritize multiple client requests and determine which require escalating to Senior Management
Coordinates with all relevant teams internally (e.g. Tax, Investor Services) to ensure processes and workflows are aligned to meet client needs
Ensuring all processes and output are consistent with Pinnacle's policies and procedures and that Pinnacle's control environment is maintained
Desired skills and experience
Prior fund accounting experience of at least 2-3 years is required
In-depth knowledge of closed ended funds desired but not required
Accounting designation desired, but not required
Strong knowledge of accounting concepts
Strong knowledge of Microsoft Excel
Solid interpersonal and communication skills
Strong organizational skills
Ability to handle multiple demands, competing priorities, and constant change
Ability to allocate time effectively and manage tight deadlines
Prior experience with PFS- Paxus is desired, but not required
Position type: Permanent full-time
Location: Toronto, ON