Vice President, Fund Accounting Operations (Private Equity)

Toronto, ON
Finance & Accounting

Position Overview

Our client is a highly successful Canadian asset management firm with an expansive global and national platform. The firm invests in a variety of long-lived asset classes held through a growing portfolio of private funds and operating publicly listed entities.

Currently, they are seeking a Vice President, Finance to lead a growing team focused on their private equity special investments strategy and funds. Reporting to the SVP, the VP will drive fund operations and reporting for existing and new funds under this strategy. The role is highly visible, with an extensive cross-functional interface with senior executives and various diverse challenges. This is an attractive opportunity for a seasoned CPA with extensive fund operations exposure and a builder mentality to make their mark in a growth-oriented investor with significant upward mobility.

Role Responsibilities

  • Manage fund operations, including investment closes, liquidity management, investor queries, forecasting and compliance.
  • Ensure accurate and timely quarterly reporting is provided to investors and other users, including preparing financial statements under US GAAP Investment Company Accounting, as well as fund and investment performance tracking.
  • Oversee ad-hoc reporting, analysis and other deliverables to the limited partners.
  • Review public reporting templates prepared in accordance with IFRS.
  • Oversee the investor capital call and distribution process, ensuring distributions are sent to limited partners in a timely manner and that capital calls are coordinated appropriately with transaction close timelines.
  • Present quarterly results to senior management and be the key content for any finance related questions related to this strategy.
  • Oversee the team’s interaction with various service providers to ensure the providers are being leveraged as much as possible and provide deliverables in a format that facilitates efficient review.
  • Review valuations of fund investments on a quarterly basis.
  • Review accounting packages for individual legal entities.
  • Prepare internal and external audit requests and maintain appropriate control documentation.
  • Supervise and develop a team of finance professionals and contribute to a culture of operational excellence.
  • Provide oversight to the team of process improvements to improve the reporting process and ensure new funds are set up with a best-in-practice approach, leveraging technology where applicable.

Desired Qualifications

  • University degree in Finance, Economics or Accounting.
  • Professional accounting designation (CPA/CA or equivalent).
  • Minimum of 10 years of progressive work experience in finance and/or accounting functions.
  • Experience in private funds, knowledge of the investment management industry, and experience dealing with complex ownership structures is an asset.
  • Demonstrated leadership ability and initiative.
  • Excellent analytical and problem-solving ability.
  • Strong relationship-building skills with internal and external clients, including service providers.
  • Ability to work in a dynamic, complex, fast-paced environment, to adapt quickly and to manage changing priorities.
  • Superior communication skills (oral and written) and interpersonal skills.
  • Detail oriented and possesses a strong work ethic; ability to multi-task and execute a wide range of assignments; strong time management skills.
  • Strong financial systems experience, including advanced Excel.
  • Self-motivated and proactive, with respect to both managing workload and professional development.

We appreciate your interest in this role.

In sharing your resume, you place your trust in us to treat you with integrity and respect and act in your best interests. All resumes will be held in the strictest of confidence.

Those who most closely meet our client’s requirements will be contacted for an interview.

Please pass this opportunity forward. We welcome all referrals should someone in your network benefit from this opportunity.

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Katie Watt

Research and Operations Specialist

Katie enjoys being part of the Research and Operations division at Thorek/Scott and Partners. Katie utilizes her skills in research, project and data management to support the recruiting efforts of the Thorek/Scott and Partners team. She enjoys working in the positive team atmosphere that Thorek/Scott and Partners offers.

After completing her Master’s in Geography at the University of Toronto, Katie worked in consulting in the environmental non-profit sector where she conducted policy analysis and delivered workshops on sustainable development. Katie continues to pursue her passions of environmental protection by volunteering with local environmental non-profit organizations.

Lisa is thrilled to be a part of the team at Thorek/Scott and Partners. Lisa’s deep background in financial services, relationship building, and customer service coupled with her background in operations and support has been instrumental to the firm’s Research and Operations division. Prior to joining Thorek/Scott and Partners, Lisa worked for over 10 years in a large Canadian Bank in front facing, client operational roles. Having worked for large organizations in the past, she is delighted to be part of a close-knit group and enjoys the upbeat office and friendly environment at Thorek/Scott and Partners.

In her free time, Lisa enjoys reading, crafting and spending time with family and friends.

Derek Young is a former finance professional turned recruitment consultant. He connects top-tier talent with prestigious organizations seeking exceptional leaders. His expertise lies in the recruitment of high-caliber risk and compliance professionals for investment management, real estate, and financial services firms across North America.

Derek joined Thorek/Scott and Partners after a successful tenure with one of the largest globally recognized recruitment firms, where he specialized in consulting legal and compliance professionals across financial & professional services. He is passionate about helping people fulfil their long-term career aspirations. Derek’s personable approach and knowledge of the financial landscape allows him to develop strong relationships with both candidates and clients.

After completing his B.Com from the University of Toronto’s Finance program, Derek began his career as a financial advisor working for two of Canada’s largest wealth managers. These roles taught him the importance of listening to his clients and always putting their goals first. Derek has lived and traveled in Ireland, Europe, Asia and Africa. He enjoys playing and watching a variety of sports, and spending time with friends and family.

Lisa is thrilled to join the Thorek/Scott and Partners team and brings 30 years of experience in large public sector organizations. She has held multiple executive leadership positions in the education sector and as CEO was responsible for overseeing all aspects of the organization including Human Resources, Operations, Information Technology, Finance, Capital, and Leadership.

Lisa brings her insight and experience to executive recruitment. She is a highly motivated and goal-oriented professional dedicated to finding high quality talent.

Lisa has worked with multiple stakeholders within the community and at the Provincial level. She has trained senior executives on Strategic Planning and Implementation in Canada and the United States. She has taught Masters’ level courses and College programs. She has authored documents on Strategic Planning, Poverty, Succession Planning and Leadership Development.

She holds a Bachelor of Arts in Psychology, and a Master’s degree in Leadership/Administration. Lisa completed the Executive Leadership programs at Rotman School of Management and the Richard Ivey School of Business as well as earning multiple certificates at the Queens Executive Education Program.

Lisa belongs to several professional organizations including the Professional Women’s Network, Equal Voice and Elevate. In her spare time, she enjoys spending time with family, travelling, and giving back to her community.

Lauren is a senior executive search consultant with 20 years of experience advising the Canadian recruitment market. Known for her sharp insight and empathetic approach, she sees herself as a passionate advocate for her clients and candidates. Throughout her career, Lauren has advised numerous organizations on shaping their strategic vision and has played a leading role in executing on those initiatives.

Active in multiple sectors including Real Estate, Investments and Financial Services, Lauren and her team are proud to deliver great leaders and build extraordinary teams. She has spoken on recruitment and search issues to a wide range of audiences.

Sari Friedman is delighted to be back at Thorek/Scott and Partners. With over 25 years of real estate and finance experience and a passion for people, transitioning into the recruitment industry was a natural fit for Sari. 

She brings multiple experiences and synergetic attributes to her role at Thorek/Scott. Having worked as an equity research associate covering real estate and REITs, Sari has a strong understanding of the real estate industry. She holds a real estate license, has actively traded real estate and is a personal investor. Sari’s technical insight combined with her outstanding business acumen, strong negotiation and research skills adds tremendous value to clients and candidates. 

Sari is well known for her caring and friendly demeanour. She is passionate about helping people with an emphasis on providing an individualized human experience. She will often go above and beyond when coaching her candidates and clients throughout the recruitment process. Sari takes the time to understand the needs of her clients and candidates and creates long lasting relationships. 

Sari graduated from University of Western Ontario majoring in Economics and earned her MBA from the University of Toronto Rotman Management Program. She enjoys spending time with her family and friends, cooking, travelling and camping.

Steven is a CPA who graduated with an honours bachelors degree in business from McMaster University & from Cornell University with an Executive MBA. Before joining Thorek/Scott he spent his career in industry, building large support service teams and also taking an active role in the overall corporate recruitment functions as a VP/CFO. He prides himself as a recruiter who is transparent, a great communicator and gives honest feedback.

Steven is passionate about travelling, having visited over 130 countries, and about his Toronto Maple Leafs.

Faye Thorek is an accomplished executive search consultant with over 40 years of experience in the Canadian recruitment market. Known for her keen insight and compassionate dedication to her work, Faye envisions herself as an advocate for those with whom she conducts business. Over the years, Faye has consulted numerous companies on how to best craft their strategic vision and then taken the lead on executing that mandate. She has spoken on recruitment and search issues to a wide range of audiences.

Outside of the office, Faye is also a committed investor in people. She volunteers with Out of the Cold, Kids.now, and Bereaved Families of Ontario (BFO). She has sat on the Professional Development Steering Committee of the HRPAO. She is a former member of the Board at BFO and the North York Harvest Food Bank.

Having founded Thorek/Scott and Partners over four decades ago, Michael Thorek has been shepherding its growth ever since. Together with his wife, Michael is dedicated to building a business with humanity, innovation, and excellence at its core. A specialist in the recruitment of talent for the Financial Services Industry, Michael has currently turned his interest towards the field of Risk Management, Capital Markets and Database Marketing Analytics. A jack of many trades, Michael is also a father, inventor, scholar and scribe, who possess a keen interest in comparative religions.