Job Description
Job Description
Job Description
Requirements:
- Minimum one-year experience working directly with Ultra-High-Net-Worth individuals in a family office environment.
- Master of Business Administration with a specialty in finance.
- Experience working with portfolio management software such as Advent Portfolio Exchange or Addepar.
- Hand-on experience using accounting software.
- Demonstrated understanding of Canadian corporate and personal tax related to investments.
- Must be eligible to work in Canada.
Financial Reporting and Analysis:
- Prepare, review, and deliver monthly Performance and Total Asset Reports to executive leadership in accordance with specified requirements and timeframes.
- Perform and evaluate liquidity and cash flow of the investment portfolios.
- Develop, implement and use tools for managing and analyzing financial portfolio.
- Follow up on financing projects with financial backers.
- Analyze investment projects.
- Calculate return on portfolio investments using time-weight return in local and foreign-denominated currencies and provide performance evaluation.
- Examine and analyze financial and investment information collected, including profiles of companies, stock and bond prices, yields and future trends and other investment information.
- Calculate blended benchmark comprised of equity, fixed income and cash & cash equivalent in Canadian and foreign- denominated currencies.
- Evaluate the suitability of benchmark based on asset allocation.
- Assist in preparing operating and investment budgets.
- Assess asset allocation against investment objective established by executive leadership (equity, fixed income, alternative investments, private equity investments and cash & cash equivalents).
- Conduct variance and scenario analyses to support performance evaluation and optimization of the investment portfolio.
- Prepare, review and delivery other ad hoc reports and financial analyses at the request of executive leadership.
Investment Accounting:
- Maintain detailed financial records related to personal and business investments within Company’s portfolio management software.
- Process daily investment transactions from numerous external investment custodians.
- Manage aspects related to general ledger accounting including preparation and posting of journal entries within QuickBooks that recognize changes in cash and investment asset values and account for investment-related revenues and expenses.
- Work with local and foreign currencies. Calculate and assess the foreign exchange impact of various investment-related transactions.
- Work with tax records to ensure that investments and related revenues and expenses have been properly reported for tax purposes.
- Perform month-end and year-end accounting close processes related to investment aspects.
- Perform detailed reconciliations of financial records in portfolio management software and accounting software against custodian records ensuring accuracy and completeness of reported amounts.
- Monitor and report on accounting discrepancies.
- Collaborate with investment custodians on investment records and reporting matters.
- Maintain fluency with current tax and accounting guidance to ensure that the values of investments and related revenues, expenses and taxes have been properly reported.
- Maintain knowledge of investment accounting concepts.
Other Reporting and Accounting:
- Assist with the preparation of quarterly cash-flow requirements (operating expenses, special project expenses, and source of earnings).
- Perform various tax-analyses to assess and report on the tax impact of various investment-related transactions.
- Contribute to the fulfillment of Company’s tax reporting obligations.
- Contribute to the preparation of annual working paper packages for delivery to the Company’s external accountants.
- Actively participate and contribute to accounting initiatives that enhance information quality and process efficiencies.
Job Tags
Local area,