Finance Manager, Investments
Full-time permanent role
Location: Downtown Victoria, British Columbia, Canada (5 days a week in office with parking included)
Hours: 40 hours/week
Salary Range: $120,000-150,000
The posted salary range reflects varying levels of experience, from professionals developing their expertise to those with several years of directly relevant experience. While the full range represents the potential earnings for the role, it is not typical for new hires to start at the top of the range. Placement within the range is based on qualifications, experience, and alignment with internal equity.
Core Purpose
Westerkirk Capital Inc. (‘WCI’), a private investment company based in Victoria, BC is seeking a Finance Manager, Investments. The organization is a single-family office managing assets via internal direct and third-party/external managers across a variety of portfolios and asset classes.
Reporting to the Director of Finance, the Finance Manager, Investments leads the accounting and financial reporting for Westerkirk’s investment entities. The role has broad exposure across public equities, fixed income, private equity, hedge funds and direct investments, together with the treasury and intercompany matters that support the portfolio.
This is a hands-on leadership role for an experienced finance professional who enjoys both the technical and practical sides of accounting. The Finance Manager will lead a team, oversee quarterly and annual reporting, work closely with Westerkirk’s investment professionals and external advisors, and play an important role in improving the systems and processes that support a large and complex investment portfolio.
The successful candidate will be comfortable moving between detailed accounting issues and the bigger financial picture, and will bring strong judgment, curiosity and a high standard of execution to the role.
Responsibilities
Investment and Partnership Accounting Oversee the accounting for public equities, fixed income, private equity, hedge funds, precious metals and direct investments, including income, fees, capital calls, distributions, realized and unrealized movements and foreign currency. Research and document accounting conclusions under ASPE and work with the Director of Finance on significant or non-routine matters.
Financial Reporting and Close Lead the quarterly and annual financial reporting process for Westerkirk’s investment entities, including preparation of financial statements, the financial supplement and management reporting, and budget-to-actual variance analysis. Oversee the quarterly and annual close, maintain the integrity of the underlying financial records and reconciliations, and lead the annual financial statement audit process, including coordination with external auditors and preparation of supporting working papers.
Treasury and Liquidity Oversight Oversee the day-to-day cash requirements of the investment entities, including liquidity monitoring, investment funding, capital calls, distributions and intercompany transfers. Work closely with banks, custodians, investment managers and Westerkirk’s investment team to ensure transactions are executed accurately and on time.
Leadership of the Investment Accounting Team Lead and develop an experienced Investment Accounting team, including two designated Senior Accountants. Set clear expectations, provide technical guidance and review, and build the team’s capabilities while maintaining strong documentation and cross-training across critical processes.
Intercompany and Entity Accounting Own complex, high-volume intercompany accounting across entities and currencies, ensuring that loans, interest, capital transactions and balances are supported, consistently recorded and reconciled with the other Finance teams.
Internal Control and Risk Mitigation Maintain a well-documented control environment over financial reporting, payments, banking access, vendor data and intercompany activity, including segregation of duties, delegated authorities and documented review.
Audit, Tax and Regulatory Coordination Lead audit and review engagements for the Investment Accounting function. Work with the Director of Tax and external advisors on tax and information returns, support responses to CRA audit enquiries and, where applicable, Pillar Two and Country-by-Country Reporting.
Planning and Forecasting Prepare the annual budget for the investment entities and provide the assumptions and analysis behind quarterly forecasts and long-term cash flow models, working with the Senior Financial Analyst and submitting for review and approval by the Director of Finance.
Policies, Systems and Reporting Infrastructure Lead continuous improvement of the systems, processes and reporting supporting investment accounting and treasury. Play a key Finance leadership role in the implementation of Workday Financials, including process design, chart of accounts, data conversion, testing, training and stabilization. Develop scalable accounting policies and procedures and identify opportunities to improve reporting, automation and data quality as Westerkirk continues to modernize its Finance function.
Principal and Advisor Relationships Maintain trusted working relationships with the other Finance Managers, liquid and alternative investment teams, auditors, tax advisors, custodians, investment managers and banks, anticipating information requirements before they arise.
Core Qualifications
- Chartered Professional Accountant (CPA) designation.
- Eight or more years of progressive accounting experience with demonstrated experience leading and developing experienced accounting professionals and owning a complex, multi-entity close at Controller, Senior Finance Manager or equivalent level.
- Strong knowledge of Canadian GAAP, particularly Accounting Standards for Private Enterprises (ASPE), with experience researching and documenting accounting conclusions for investments and partnerships.
- Demonstrated experience in public and private market investment accounting, including funds and partnerships.
- Strong experience with multi-entity and intercompany accounting, multi-currency transactions, treasury controls and complex financial close processes.
- Experience leading external financial statement audits.
- Advanced Excel and financial modelling skills.
- High degree of integrity, discretion and professionalism given the confidential nature of a family-office environment
- Strong communication skills and the ability to work effectively with senior executives, investment professionals, external advisors and other stakeholders.
- Adaptability and sound judgment in an environment where investments, transactions and organizational priorities evolve.
Preferred Expertise
- Family office, investment management or comparably complex multi-entity experience.
- Finance-led ERP implementation experience, including process design, conversion, testing and control validation; Workday exposure is an asset.
- Experience with Power BI or comparable reporting tools.
- Experience in treasury operations, including banking relationships and capital call and distribution processes.
Westerkirk Capital Inc. is an equal opportunity employer and encourages women, Aboriginal people, persons with disabilities, and members of visible minorities to apply. Westerkirk Capital Inc. will accommodate the needs of applicants with disabilities throughout all stages of the selection process. If you need accommodation during the recruitment process, please advise your Human Resources representative. Information relating to the need for accommodation and accommodation measures will be addressed confidentially.
