Manager – Fund Accounting / Senior Fund Accountant

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$25B, and Sagard’s team of diverse professionals has grown from 50 to over 300 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 currently looking for an outstanding individual to join our fast-paced and rapidly growing Finance organization as Manager, Fund Accounting / or Senior Fund Accountant. This person will play a pivotal role in helping us scale our platform and create extraordinary investor and management services across our global ecosystem.

Your Responsibilities:

• Responsible for the accuracy of the quarterly financial statements and investor reporting of multiple entities, including closed-end funds structured as Master-feeders, special purpose vehicles, and general partners structured as corporations.
• Collaborate with the fund administrator and the internal investor relation team for capital activities and the monthly, quarterly and annual reporting in accordance with IFRS; work closely with the internal investor relation team to generate quarterly client reports and other marketing materials.
• Handle the fund’s capital activity process (including deployment and cash flow forecasting), specifically the capital call notices, maintaining capital rebalancing schedules, and the calculation of the carried interest.
• Work closely with the investment teams to close investment deals, including providing information for KYC and managing the investment funding process.
• Oversee the input of journal entries for management fees, investments, accruals, other expense/income, valuation adjustments, bank reconciliations, and other fund accounting activities.
• Coordinate audit activities with the funds’ external auditor and assist in the preparation of the funds’ audited financial statements.
• Oversee the fund’s tax compliance process, specifically working with tax consultants to ensure tax returns and other regulatory filings (including but not limited to FATCA/CRS filing, HST/GST filing and remittance and other US/Canadian/Irish tax filings, etc.) are filed timely in accordance with the local tax authority.
• Assist with the design and implementation of strong processes and controls to assure adherence to the firm’s compliance program and ensure full compliance with the governing documents.
• Coordinate with legal and business teams to administer and launch new series for private equity, credit and healthcare royalty funds, be actively involved in the fund-raising process.
• Provide leadership to system and automation efforts critical to scaling our control and fund accounting platform to support the organization’s strategic objectives.
• Work with Human Resources staff to recruit, interview, select, hire and employ an appropriate number of employees. Coach, develop, and train employees.

Experience & Qualifications:

• 3 - 6 years of relevant managerial, fund accounting, and administration work experience, preferably in private funds.
• Experience in an Asset Management firm, actual exposure to audit, tax accounting, FATCA/CRS reporting, SLFI reporting, and level 3 valuation of investments are a plus. 
• Bachelor’s degree in accounting, finance, or another related field. 
• CA / CPA Certification with specialization in Internal Financial Reporting Standards (IFRS). 
• Strong written and oral communication skills, ability to synthesize and articulate thoughts about companies and markets concisely. 
• Ability to multitask, prioritize and operate effectively in a fast-paced environment
• Organized and strong attention to detail.
• Excellent execution focus

Sagard is an equal opportunity employer which values diversity in the workplace. We are therefore happy to accommodate any individual. If you require accommodation in order to participate in the hiring process, please contact the People & Culture team to make your needs known in advance.