Private Equity Manager Fund Accounting Job Opening
Job Details
Organization Name : Pinnacle Fund Services
Post Name : Private Equlity Manager
Employment Type : Full Time
Qualification : Any Graduate, Post Graduate
Industry : Private
Work Hours : 8 Hours
Job Experience : 2 To 3 Years
Salary : CAD 25 To CAD 35 Per Hours
Location : Vancouver, British Columbia, Canada V6E 2M6
About Organization
Founded in 2010, Pinnacle Fund Services is an owner-managed company delivering a boutique approach to accounting, administration and transfer agency services for investment funds, management companies and general partners. We don’t believe bigger is better. Our business strategy is built around a nimble, flexible and responsive team of really smart people who know how to deliver results.
The markets move fast; so do we, with accuracy and efficiency. It’s our promise and it’s how our clients describe what we do. With offices in Canada and the United States, Pinnacle Fund Services supports a growing client base servicing funds around the globe.
Our unique approach to accounting, administration and reporting services for investment funds guarantees that each Pinnacle solution is targeted to meet client requirements as well as ever-increasing standards and regulations of the global finance industry.
This growth, however, hasn’t been built on a cookie-cutter approach to serving clients. As a team of trusted advisors, our staff immerse themselves in our clients’ operations, learn their needs and develop innovative, tailored solutions based on that insight.
By focusing on collaboration and investing heavily in knowledgeable employees and an industry-leading technology platform, we’ve become an agile, responsive partner to investment funds. At Pinnacle, we believe nothing is more important than good governance.
Job Description
Private Equity specialists work for investment banks or in mergers and acquisitions, or equities divisions of a company. They are required to raise money from banks, high net worth individuals, and private firms to chase returns beyond those offered by public stock exchanges. Determining uses for investments.
As a Manager in the Private Equity Team you will be responsible for leading the relationship of a portfolio of private equity clients, responsible for reviewing client NAVs and contributing to the overall management of Pinnacle through active participation within the Management Team. You will work with close-ended Funds specializing in private equity, private debt, real estate and venture capital.
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 or experience in the fund industry and want to further grow your career in Fund Administration, this role is for you.
These specialists try to predict the return of investment of a particular organization and determine how to best use the investment given. Support the origination, development, due diligence, approval and implementation of commerciallyoriented private equity investment opportunities (both fund and direct co-investments originated by
investee funds) that support ADB’s development objectives for the private sector and overall goal of reducing poverty
Responsibilities
Management of a portfolio of client relationships
Reviewing and approving net asset valuations performed by fund accountants prior to release to clients and investors, which includes:
Reviewing financial statements
Managing year-end audits/tax reporting with clients’ and independent auditors and ensuring fieldwork is completed on schedule
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
Identifies and implements solutions to improve processes, communication, efficiency, workflow, etc.
Provides technical accounting/industry knowledge to clients
Provides ample time to coach, develop and train junior staff
Perform performance appraisals for staff and aid in their ongoing development and goal setting
Desired skills and experience
Accounting designation 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