Senior Fund Accountant - Venture Capital

Sagard overview:

Sagard Holdings ("Sagard") is a multi-strategy alternative asset manager with professionals located in North America, Europe, and the Middle East. Since 2016, Sagard has grown exponentially. Assets under management have expanded from US$500M to over US$27B, and Sagard's team of diverse professionals has grown from 50 to over 400 team members.

Sagard invests across four asset classes: Venture Capital, Private Equity, Private Credit, and Real Estate. Sagard Holdings was founded by Power Corporation of Canada as a complement to its global investment holdings and serves as one of its key strategic priorities with strong, long-term growth objectives.

Sagard's entrepreneurial DNA is palpable across our entire team and is a platform built by entrepreneurs, for entrepreneurs. Sagard looks to generate attractive returns by matching investment opportunities with flexible capital solutions and pairing entrepreneurs with teams that have deep industry knowledge. Sagard develops long-term partnerships and empowers the growth of its investments through a unique global network of portfolio companies, limited partners, advisors, and other valued relationships.

More at https://www.sagard.com/.

Position Overview

We are seeking a highly motivated and experienced Senior Fund Accountant to join our dynamic Finance team and play a key role in ensuring the accuracy and integrity of financial reporting for our Venture Capital funds. In this pivotal role, you will manage complex fund structures, collaborate with various stakeholders, and contribute to the efficiency and effectiveness of our fund accounting operations. This is an excellent opportunity to be part of a fast-paced, collaborative environment and make a significant impact on our financial reporting and analysis.

Your Responsibilities:

• Fund Accounting Expertise: Maintain the accuracy of financial statements and investor reporting for multiple Venture Capital entities, including closed-end funds, master-feeders, special purpose vehicles, and general partners.
• Collaboration and Reporting: Work closely with the fund administrator, internal investor relations team, and investment teams to ensure seamless capital activity processing, reporting, and investment deal closing.
• Investor Relations: Collaborate with the investor relations team to generate quarterly client reports and other marketing materials, ensuring accurate and timely information dissemination.
• Capital Activity Management: Handle the fund's capital activity process, including capital call notices, capital rebalancing schedules, and carried interest calculations.
• Investment Support: Work closely with investment teams to close investment deals, including providing information for KYC and managing the investment funding process.
• Accounting and Reporting: Oversee the input of journal entries, manage bank reconciliations, and assist with the preparation of audited financial statements.
• Tax Compliance: Oversee the fund's tax compliance process, working with tax consultants to ensure timely and accurate filing of tax returns and regulatory filings.
• Internal Controls: Assist with control assessments, accounting classification for investments, and level 3 valuations. Contribute to the design and implementation of strong processes and controls to ensure compliance with the firm's policies.
• Fund Administration: Maintain the books and records of parallel vehicles, special purpose vehicles, and/or managed accounts.
• New Fund Launches: Coordinate with legal and business teams to administer and launch new series for Venture Capital funds and actively participate in the fundraising process.
• System and Automation: Provide leadership in system and automation efforts to enhance efficiency and scalability of the fund accounting platform.

Experience & Qualifications

• 3+ years of relevant fund accounting and administration experience, preferably with Venture Capital or Private Equity funds.
• Experience in an asset management firm with exposure to audit, tax accounting, FATCA/CRS reporting, and level 3 valuation of investments is a plus.
• Bachelor's degree in accounting, finance, or a related field.
• CA/CPA designation with a specialization in IFRS is an asset.
• Strong written and oral communication skills.
• Ability to multitask, prioritize, and thrive in a fast-paced environment.
• Excellent organizational skills and attention to detail.

Our Ideal Candidate

• Technical proficiency: Possesses a strong understanding of fund accounting principles, practices, and regulatory requirements.
• Collaboration and teamwork: Excels at working collaboratively with internal and external stakeholders, including fund administrators, investors, and investment teams.
• Accuracy and efficiency: Maintains a high degree of accuracy and efficiency in accounting and reporting tasks.
• Problem-solving and analytical skills: Able to analyze complex financial information, identify issues, and develop solutions.
• Proactive and adaptable: Demonstrates initiative, readily adapts to change, and thrives in a dynamic environment.

Join Sagard and become part of a collaborative, entrepreneurial culture that values diversity, innovation, and excellence.

We are an equal opportunity employer committed to fostering an inclusive workplace where every individual has the opportunity to thrive.