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Thorek/Scott and Partners (TSP) has been connecting accomplished organizations with talented individuals for almost four decades. At TSP, our track record of successfully completing challenging searches across the professional spectrum has earned us an exceptional reputation at the forefront of the recruitment industry. Our Canadian and International clients include: global banks and non-bank financial institutions, private equity and investment funds, professional service firms, and entrepreneurial businesses in a variety of industries. We value the human connection and distinguish ourselves through an unwavering dedication to understanding the goals and motivations of our clients and candidates alike.
This open role is currently being featured by Thorek/Scott and Partners! We highlight a variety of open roles every week. If you save this position to apply to later, it may appear closed when you revisit it. For a full list of all open positions, please visit www.thorekscott.com.
Position Overview
Our client is a highly successful Canadian asset management firm with an expansive global and national platform. The firm invests in a variety of long-lived asset classes through a growing portfolio of private funds and publicly listed operating entities.
They are currently seeking a Vice President, Finance to lead a growing team focused on their private investments strategy. Reporting to the SVP, the VP will drive investment finance and reporting for a set of large and complex existing and emerging funds. The role is highly visible, with extensive cross-functional interaction with senior executives and a range of complex challenges. Experience in a complex, substantive fund environment is essential for success in this role.
This is an attractive opportunity for a seasoned CPA with extensive fund operations leadership to make their mark in a growth-oriented investor with significant upward mobility.
Role Responsibilities
- Own the overall fund strategy and lead finance and operations teams.
- Interpret fund results, anticipate financial and operational risks, and present quarterly results and recommendations to senior management.
- Oversee fund liquidity, cash flow forecasting, capital calls, investor distributions and fund-level compliance.
- Review quarterly investor reporting under US GAAP Investment Company Accounting and IFRS, including financial statements, partners’ capital statements and remaining commitment schedules. Review fund valuations and entity-level financial reporting.
- Maintain effective internal controls and audit readiness, and oversee the accuracy and timeliness of work performed by external service providers.
- Serve as the senior finance partner to Investments, Investor Relations, Tax, Legal, Treasury and Portfolio Management. Advise on complex accounting issues, fund structures and new acquisitions.
- Develop the fund finance team and improve reporting, systems and processes as the platform grows, including through the use of AI and other emerging technologies.
- Respond to investor inquiries on fund performance, reporting and capital activity.
- Review legal-entity accounting packages, including tax financials.
- Assess how fund legal structures affect the movement of cash between entities and the consolidation of financial results.
Desired Qualifications
- At least 10 years of progressive experience in finance and/or accounting, with hands-on fund experience. Private funds experience, investment management industry knowledge and exposure to complex ownership structures are assets.
- University degree and a professional accounting designation (CPA/CA or equivalent).
- Strong technical accounting expertise in US GAAP Investment Company Accounting and IFRS, with experience reviewing investor reporting, fund valuations and complex consolidations.
- Experience overseeing fund operations, including liquidity management, forecasting, capital calls, investor distributions and fund-level compliance.
- Demonstrated leadership and initiative, with the ability to develop finance teams, improve processes and partner with senior stakeholders across Investments, Investor Relations, Tax, Legal and Treasury.
- Experience overseeing external service providers and working with auditors to maintain effective internal controls and audit readiness.
- Strong financial systems skills, including advanced Excel. Experience with Mercatus, Workiva or Anaplan is an asset.
- Strong analytical, problem-solving, organizational and communication skills, with the judgment to anticipate risks and advise senior management.
- Proactive and accountable, with the ability to manage competing priorities, adapt quickly and meet deadlines in a complex, fast-paced environment.
Please note that at present, legal eligibility to work in Canada is a prerequisite for this role.
This open role is currently being featured by Thorek/Scott and Partners! We highlight a variety of open roles every week. If you save this position to apply to later, it may appear closed when you revisit it. For a full list of all open positions, please visit www.thorekscott.com.
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We appreciate your interest in this role.
In sharing your resume, you place your trust in us to treat you with integrity and respect and act in your best interests. All resumes will be held in the strictest of confidence. Those who most closely meet our client’s requirements will be contacted for an interview.
Please pass this opportunity forward. We welcome all referrals should someone in your network benefit from this opportunity.
