We have a lot to be proud of at Nicola Wealth. Our sophisticated financial planning, our diversified private investment funds and their exceptional performance, our 99% client retention rate and our award-winning culture, combine to position us as a national leader in wealth management. Recognized as a Best Managed Company and one of Canada’s Top Employers, we are dedicated to upholding our firm’s values through this phase of significant growth.
By bringing together smart, dedicated and supportive colleagues from diverse backgrounds, we deliver extraordinary client service in a values-driven work environment. The collaboration, creativity and entrepreneurial spirit we were founded on provides the opportunity for you to make a real impact and build a rewarding career. We are passionate about our business, our culture and investing deeply in your growth and development to build for the future. If you have this same drive, then let’s talk!
About the Team:
The Fund Accounting team is a high performing team responsible for the internal fund administration for several Mutual Fund Trusts and Limited Partnerships.
Purpose of the Role:
We are looking for a Senior Fund Accountant to join a high-performing and growing team within the firm, responsible for the administration and operations of a diverse portfolio of proprietary mutual funds and Limited Partnerships.
Reporting to the Director, Fund Accounting, you will work closely within the team, as well as with a number of other internal departments and external service providers, to increase efficiencies and strive for continuous improvement and excellence in our day-to-day deliverables.
This is a hybrid role located in Vancouver or Toronto.
Core Responsibilities:
- Perform detailed oversight of our external fund administrator by reviewing NAVs on a daily basis and reconciling discrepancies.
- Review reasonableness of income/expense accruals (including management and performance fees) and facilitate payment of invoices.
- Review distribution calculations and monitor non-resident withholding tax payments.
- Act as the primary point of contact for assigned funds and LP’s daily operation.
- Assist the manager with the year-end audit review process by leading the engagement to ensure timely sign-off of the funds’ financial statements.
- Involvement in the tax slip cycle, ensuring all clients’ T3, T5013, NR4, and RL-16 slips are free from misstatement and are distributed in a timely manner.
- Assist our tax department in tax initiatives (GST/HST, US Tax Return, PFIC) with our tax advisors and ensure they are filed in a timely manner.
- Calculation of the funds’ estimated fund expense ratio.
- Assist on new fund launches and restructurings.
- Build up a strong understanding of the unique characteristics of our funds and become a subject matter expert within the company on technical fund-related matters.
- Build and maintain excellent working relationships with external service providers, including our fund administrator, custodian, auditor, tax advisor, external legal counsel etc.
Required Skills & Qualifications:
- A minimum of 5 years of related work experience with broad knowledge of fund administration or audit/tax experience from public practice.
- Exposure to various asset classes (including private equity and real estate) and fund structures (specifically Mutual Fund Trusts and LPs).
- Undergraduate degree and accounting designation (CPA).
- An understanding of Canadian and US Tax compliance would be considered an asset.
- Highly proficient in MS Word, Excel and Outlook.
- Essential to be fluent in English, both written and verbal.
Compensation & Benefits Package:
This position comes with a base salary range of $80,000 - $105,000 plus a competitive performance bonus, RRSP contribution and participation in our profit-sharing program. Base salary will be commensurate with experience, skills, and qualifications.
At Nicola Wealth, our people grow our business, delight our clients, and live our values every day. Our comprehensive compensation and benefits package reflects our appreciation for this commitment. Whether it’s participating in our profit sharing and benefit programs on day one, or the opportunity to participate in our share ownership program, our people are able to go beyond a conventional salary and bonus structure. To learn more about our complete package, visit: www.nicolawealth.com/total-rewards.
Please include both a cover letter and resume in support of your application. We are an inclusive, equal opportunity employer. For more information about this and other roles: www.nicolawealth.com/careers.
It is our priority to remove barriers to provide equal access to employment. Should you require reasonable accommodation during the recruitment process please contact us at [email protected] and we will work with you to meet your needs. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Nicola Wealth policies.
Thank you for your interest in a career with Nicola Wealth!
What We Do
Nicola Wealth is a full-service Wealth Management firm with offices across Canada. More than a financial planning firm, we offer sophisticated financial advice and investment management to affluent families, foundations and institutions across North America
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