Senior Manager, Fund Accounting - Private Credit

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 Manager to join our dynamic Finance team and play a critical role in supporting the growth of our Private Credit retail strategies. This is an exceptional opportunity to contribute to a fast-paced, collaborative environment and make a significant impact on our fund accounting operations.

Your Responsibilities:

• Lead and develop: Manage the finance team dedicated to Private Credit retail strategies, providing guidance, coaching, and mentorship to foster their professional development.
• Manage complex fund structures: Oversee the accounting and reporting for complex fund structures, ensuring accuracy and compliance with industry standards.
• Collaborate with stakeholders: Work closely with investment team members, investors, lenders, and service providers to ensure seamless financial operations and exceptional client service.
• Ensure accurate reporting: Oversee the preparation and delivery of timely and accurate financial statements, lender and investor reports, and regulatory filings, including tax, FATCA/CRS, and SLFI reporting.
• Oversee fund accounting activities: Manage the full cycle of fund accounting activities, including journal entries, bank reconciliations, capital activity, distributions, and valuation adjustments.
• Drive process improvement: Identify opportunities to enhance efficiency and effectiveness in fund accounting processes, implementing best practices and controls.
• Manage audits and regulatory requirements: Coordinate and oversee year-end audits and ensure compliance with all relevant regulatory requirements.
• Build relationships: Represent the finance department in interactions with internal and external stakeholders, including participating in due diligence meetings with potential investors.
• Manage service providers: Oversee relationships with fund administrators, lenders, banks, custodians, auditors, and advisors.
• Contribute to special projects: Participate in and/or lead special projects, including the creation of new funds.

Experience & Qualifications

• 10+ years of relevant experience in fund accounting and administration, preferably with private and/or open-ended funds.
• Experience in Private Credit is highly desirable.
• Exposure to audit, tax accounting, FATCA/CRS reporting, SLFI reporting, and level 3 valuation of investments is an asset.
• Bachelor's degree in accounting, finance, or a related field.
• CA/CPA designation with specialization in IFRS is a plus.
• Strong analytical, problem-solving, and communication skills.
• Ability to multitask, prioritize, and thrive in a fast-paced environment.

Our Ideal Candidate

• Leadership and mentorship: Proven ability to lead, motivate, and develop a high-performing team.
• Technical expertise: Deep understanding of fund accounting principles, practices, and regulatory requirements.
• Collaboration and communication: Exceptional interpersonal and communication skills to build strong relationships with internal and external stakeholders.
• Proactive and solutions-oriented: A self-starter with a strong work ethic and a drive to improve processes and solve challenges.
• Adaptability and growth mindset: Able to adapt to change, learn quickly, and embrace new challenges 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.