Job title: Senior Associate Director, Fund Accounting, Private Markets

Company: MUFG Investor Services

Job description: Company DescriptionAbout MUFG Investor Services:MUFG Investor Services provides asset servicing solutions to the global investment management industry. Leveraging the financial and intellectual capital of MUFG – one of the largest banks in the world with $2.8 trillion in assets – we provide clients access to a range of leading solutions from fund administration, middle-office outsourcing, custody, foreign exchange, trustee services and depository to securities lending and other banking services.With a diverse and dynamic network of offices across the globe, MUFG Investor Services provides challenging and rewarding careers. We achieve this by offering continuous learning and development, collaborative team work environment, promotion of work-life integration, and exposure to a wide variety of work.Imagine your future at MUFG Investor Services where you can grow professionally, in a diverse and inclusive workplace that rewards your contribution.#LI-HybridJob DescriptionThe Senior Associate Director, Private Markets will manage the day-to-day administration and financial reporting service requirements for our Private Equity and Private Debt clients. These services will include all accounting and transaction administration for private market funds. The role will include the below key tasks.You Will:

  • Manage a team of fund accountants by mentoring, training and supporting them through all aspects of the NAV process
  • Provide a full range of fund accounting services to private market clients, including NAV review and preparation
  • Assist with setting up and reviewing consolidations through the investment structure using various consolidation rules
  • Review third party reconciliations of investments and cash
  • Review capital call and distribution calculations and notices
  • Review fee schedules including calculation of management fees and carried interest, ensuring all calculations observe applicable fund documents
  • Review investor allocations for each NAV cycle ensuring capital transactions are booked correctly and P&L is allocated correctly
  • Review client Limited Partnership Agreements (LPAs), PPMs, and other materials and ensure service levels are in line with such legal documents
  • Collaborate with client, banks, auditors and other third party providers to ensure smooth delivery to clients and completion of deliverables


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  • Post-secondary education/University Degree with a concentration in finance or accounting.
  • At least 5 years’ experience working in the fund administration industry with experience managing staff. This can include other administrators, asset managers or auditors.
  • Experience working in private markets is preferred
  • Experience with fund accounting software Geneva, Investran or Yardi would be beneficial
  • Completion or interest in a professional accounting designation (CPA, ACCA, ICAEW, CFA (or equivalent)) an asset
  • Strong understanding of the fund administration and private markets industry. This includes complex fund structures, fee schedules, private equity or private debt instruments and financial statements.

Additional InformationAt MUFG Investor Services, we are exceptionally proud of our approach to Hybrid Working. It enables the flexibility to thrive from wherever our employees work and, stay connected to their team and our culture. When we make Hybrid Working plans, we get to know the individual and pride ourselves in underpinning all our decisions with fairness and consistency.MUFG Investor Services provides all of its employees with an extremely attractive compensation package. In addition to base salary, there is a group medical insurance scheme, group pension scheme, reimbursement of professional subscriptions, paid holidays and assistance towards gym memberships.We thank all candidates for applying; however, only those proceeding to the interview stage will be contacted. If you are contacted for a job opportunity, please advise us of any accommodations needed to ensure fair and equitable access throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only to provide an accessible candidate experience.MUFG is an equal opportunity employer.

Location: Vancouver, BC

Job date: Sat, 30 Mar 2024 07:53:11 GMT