Finance Manager - Funds

Our client is looking for a Finance Manager - Funds for a 21-month contract opportunity.

Manage all aspects of administration and reporting for on the client’s fund. In this role, the Manager, Finance will be required to work closely with the Director Fund Administration & Reporting, the other Managers of Finance, Controller, Director of Tax, CFO, and the investment professional group in order to fulfill this mandate. The Manager, Finance is in part supported by a Senior Corporate Accountant as well as the Finance Executive Assistant.

RESPONSIBILITIES:
The Manager, Finance’s broad accountability will be to ensure that all financial data is accurate, complete, and conforms the company’s needs for reporting and administration for on of their Funds, (comprised of 3 parallel partnership vehicles and 1 feeder partnership vehicle).

1. Fund Administration

Overall responsibility for the administration of all aspects of the fund’s operations including the fund’s credit facility (i.e. draws, repayments, reporting) preparing all call and distribution notices and handling investor relations (i.e. dealing with limited partner inquires as required).

1. Financial Reporting

Overall responsibility for timely and accurate reporting of all financial and management information related to the entities referred to above. The fund’s financial statements are prepared in accordance with Canadian accounting standards for private enterprises (ASPE). More specifically, the role will be responsible for preparing the quarterly reporting package for the fund and feeder vehicles (including financial statements, notes, limited partner capital account statements, activity review/accounting issue memo and other analysis as required). Ensure the proper maintenance of all general ledgers and the chart of accounts and the timely and accurate processing of all financial transactions.
1.  Valuation
Work with the Director Fund Administration & Reporting and investment teams as required in connection with the quarterly valuation of the fund’s investments in accordance with ASPE and the International Private Equity Valuation Guidelines.
2.  Audit/Review Process
Plan and organize the annual audit of the 3 parallel partnerships including coordinating all matters necessary to complete the audits (i.e.. confirmations, working papers, etc.).
3. Income Tax and HST Compliance
Work with the Director of Tax to plan, organize and prepare all of the “tax kits” that are provided to our tax advisors. Review of all draft and final returns prepared by our tax advisors. Prepare supporting working papers for annual HST filings.
4.  Planning
Prepare tax planning related forecasts as required.
5.  Process
Assist with the development of policies, practices, and controls for the processing of all financial transactions and reporting.
6. Other
As required. Assist Director Fund Administration & Reporting with other projects, including reporting and administration for other funds.

REQUIREMENTS:

• CPA designated
• Experience with MS Office including advanced Excel
• Experience with Investran
• Strong organizational and prioritization skills to balance a broad variety of assignments and tasks to a high level of accuracy, timeliness and follow-through.
• Acute attention to detail to ensure all processes are followed, and financial information is reported appropriately for all requirements.
• Demonstrated ability to identify where potential issues may exist, strong problem-solving skill, and a proactive approach to ensuring prompt resolution of issues.
• Proven ability and willingness to be flexible and change priorities as required

Pay Rate
$55.00 / Hour

How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote # 479746.

This position for employment is for a current vacancy with Vaco/Highspring’s client. You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan. Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products.

Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact View email address on ca.talent.com .

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal .

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here .
• Virginia residents may access our state specific policies here .
• Residents of all other states may access our policies here .
• Canadian residents may access our policies in English here and in French here .
• Residents of countries governed by GDPR may access our policies here .

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:

• the individual’s skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations;
• other business and organizational needs.

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.