Job Description

Our client, a global leader in consulting, is seeking a Hedge Fund Accounting and Operations Analyst to join their team!

This exciting opportunity offers a 12-month contract on a hybrid schedule (four days on-site) based in Downtown Toronto

Key Responsibilities:

Trade Life Cycle Management

• Manage trade processes for hedge funds, co-investments, and special vehicles.
• Prepare/review monthly NAV calculations, analyze variances, and monitor P&L changes.
• Support investment operations, including fee accruals, capital calls, redemptions, and payments.
• Prepare trade tickets, ensure transaction accuracy, and manage cash forecasts.
• Analyze issues, recommend actions, and escalate irregularities.

Investment Accounting & Reporting

• Apply hedge fund accounting principles.
• Assist in financial data preparation for reports and statements.
• Record transactions, resolve discrepancies, and complete reconciliations.
• Provide insights and ensure data accuracy in financial reporting.

Process Improvement

• Identify process improvement opportunities and enhance controls.
• Maintain process documentation and lead efficiency projects.

Relationship Management

• Collaborate with internal teams to resolve operational challenges.
• Build and manage relationships with custodians, administrators, and auditors.
• Act as a hedge fund operations and accounting expert.

Qualifications:

• Relevant university degree such as Business, Economics, Finance, Commerce, or other related discipline
• Progressive experience and knowledge of financial markets and instruments, with ideally 2-3 years of experience in the Financial Services sector, prior experience in Fund Operations and Investment Accounting
• Professional designations such as a CPA, CFA are considered an asset
• Good understanding of various fund investment strategies, operational processes, trade lifecycle, settlement, custody, valuation, and experience dealing with institutional managers and pooled funds
• Hands on experience in administration, financial accounting in a financial or securities capacity
• Advanced Excel skills and comfortable learning new systems.
• Working knowledge of VBA and SQL is a plus.
• Experience with SimCorp Dimensions Accounting system is an asset