Fund Accounting Manager Jobs

Sixty Degree Capital is a premier venture-growth equity fund based in Toronto, Canada. We invest in from Series A to Pre-IPO companies in North America, across software innovation, digital infrastructure, biotech and pharmaceutical.

The Manager, Fund Operations is primarily accountable for overseeing the daily operation, evaluation, accounting and monitoring of private equity or venture capital investments.

What will you do?

• Ensure process documentation is kept up to date
• Partner with colleagues from the Investment Departments, Tax, Investment Governance, Risk and Treasury to successfully setup and fund transactions by proactively identifying and resolving operational issues
• Continually strive for operational excellence; seek ways to streamline processes, create operational efficiencies and foster a culture of continuous improvement, enhanced controls, and data integrity
• Make sure the accuracy and security of important documents of investment, especially legal instruments, to avoid legal pitfalls.
• Ensure timely completion and accuracy of various reports and reconciliations relating to benchmarking, portfolio holdings and P&L at monthly/quarterly basis.
• Prioritize workload in a timely fashion to meet deadlines
• Provide intuitive analysis of operational or business issues and provide direction in determining corrective action; promptly escalate irregular activities or issues
• Assist in the quarterly/ annual valuation process for private equity investments; provide insightful valuation analysis to proactively identify material valuation movements
• Act as a subject matter expert in the private investments domain for issues related to investment operations, distribution calculation and portfolio valuation.
• Provide leadership and guidance in the day-to-day management of investment operations functions
• Maintain an ongoing effective working relationship with internal investment staff and external GPs to ensure issues are discussed and resolved and financial controls and reporting requirements are met
• Assist in the review of financial statements, note disclosures and management reports to ensure accuracy and completeness, as well as providing valuable insights and commentary

What do you need to succeed?

Must-Have

• Ability to manage and analyze investment data using Excel (Advanced Excel), PowerBI, SharePoint and Backstop (training will be provided).
• Holds CFA or is working towards CFA designation.
• Excellent communication skills in English and Chinese, both oral and written, ability to draft reports and presentation documents both in English and Chinese.
• Strong interpersonal and organizational skills.
• Minimum of 5+ years of financial industry work experience, at least 2-year hands-on experience of managing PE/VC fund.
• Degree in Finance, Economics, or other related disciplines.
• Strong analytical, financial and management accounting skills will be necessary to perform this role.
• Demonstrated ability to lead and coach a high performing team.

Nice to Have

• Tech savvy is considered as an asset, such as knowledge of Python, Excel VBA.
• Knowledge of compliance policy, legal entities establishment and tax filing of fund investments in North America.

What’s in it for you?

• Reimbursement of your professional development/training
• Work with dynamic high performing team who thrive on the challenge to reach their highest potential just like you
• Have a direct line of sight to the high-level workings of all investment decisions
• Eligibility for bonus as well as benefits
• Free on-site gym membership
• Be provided opportunities to learn continuously and develop professionally
• Work in an entrepreneurial environment that encourages creativity
• Competitive base pay
• Be a part of an inclusive culture where your ideas and advice are heard and valued.
• Be provided total rewards program that includes
• Be encouraged, empowered, and challenged to be your best

About our culture

At Sixty Degree Capital, we firmly believe it is the diversity of our background, experience and point of view that drive our growth, innovation, and success both in Canada and globally. We thrive to build a culture that combines the best of east and west while appreciating and respecting each individual and their differences. We develop and promote talent regardless of age, gender, ethnicity, sexual orientation, visible or invisible disability, etc.