Fund Accounting Manager, Private Credit – Toronto
COMPANY:
A leading global multi-strategy alternative asset management firm with over $25 billion in AUM, actively investing across venture capital, private equity, private credit, and real estate.
OPPORTUNITY:
We are seeking a Senior Private Credit Fund Accountant to join our Toronto office. This role is integral to our private credit business, ensuring accurate fund accounting, financial reporting, and investor communications. The ideal candidate will have a strong background in private credit fund operations, deep knowledge of investment structures, and experience with complex financial instruments.
RESPONSIBILITIES:
- Oversee the day-to-day accounting for private credit funds, including NAV calculations, capital calls, distributions, and fee accruals
- Prepare and review quarterly and annual financial statements in accordance with IFRS or US GAAP
- Work closely with fund administrators, auditors, and tax advisors to ensure compliance with regulatory requirements
- Support portfolio valuation processes, reconciling investment activity, interest accruals, and amortization schedules
- Assist in managing investor allocations, reporting, and waterfall calculations
- Collaborate with investment and operations teams to ensure seamless transaction execution and data integrity
- Contribute to process improvements and system enhancements to optimize fund reporting and efficiency
REQUIREMENTS:
- 6-12 years of fund accounting experience within private credit
- CPA required
- Strong understanding of fund structures, credit investments, and financial instruments (loans, debt securities, structured products)
- Proficiency in IFRS or US GAAP, with knowledge of fund compliance and regulatory requirements
- Experience working with fund administrators, auditors, and tax professionals
- Advanced Excel skills; experience with fund accounting software (e.g., Investran, Geneva, or eFront) is a plus
