Junior Fund Accountant

About Nicola Wealth:

We have a lot to be proud of at Nicola Wealth. Our sophisticated financial planning, our diversified private investment funds and their exceptional performance, our 99% client retention rate and our award-winning culture, combine to position us as a national leader in wealth management. Recognized as a Best Managed Company and one of Canada’s Top Employers, we are dedicated to upholding our firm’s values through this phase of significant growth.

By bringing together smart, dedicated and supportive colleagues from diverse backgrounds, we deliver extraordinary client service in a values-driven work environment. The collaboration, creativity and entrepreneurial spirit we were founded on provides the opportunity for you to make a real impact and build a rewarding career. We are passionate about our business, our culture and investing deeply in your growth and development to build for the future. If you have this same drive, then let’s talk!

Purpose of the Role:

Reporting to the Manager, Fund Accounting, you will work closely within the team, as well as with internal departments and external service providers, to increase efficiencies and strive for continuous improvement and excellence in our day-to-day deliverables. You will be a key resource assisting with the review process for the fund’s Net Asset Value calculation, distributions, and fund operations.  

Core Responsibilities:

• Assist the team in reviewing Net Asset Values (NAVs) of Nicola Funds/LPs daily to ensure accuracy of valuations and reconcile discrepancies.
• Support the calculation and in-depth review of fund distributions, management fees, performance fees, and other fund expenses.
• Aid in the year-end audit process to ensure timely sign-off of the funds’ financial statements.
• Handle tax-related tasks, such as reviewing non-resident withholding tax, obtaining tax IDs from authorities, tracking underlying investments’ tax slips, filling out tax forms, and reviewing investors’ tax slips, coordinating with external tax advisors as necessary.
• Support AP/AR function of fund operations, including preparing wire instructions for fund expenses (both external and internal) and investment fundings, and tracking incoming wires, such as distributions from underlying investments, to guarantee timely receipt and thorough documentation.
• Build excellent working relationships with internal departments, external service providers, and fund managers to ensure smooth day-to-day fund operations.

Required Skills & Qualifications:

• A minimum of 2 years of accounting work experience. 
• Experience working in financial services, general experience/knowledge in tax, and knowledge of fund accounting/operations are all preferred.
• Pursuing a CPA/CFA designation.
• Bachelor’s degree in accounting or finance is preferred.
• Advanced Excel skills (e.g., macros, pivot tables).
• Strong interpersonal and relationship management skills.

Compensation & Benefits Package:

This position comes with a base salary range of $55,000-$70,000 plus a competitive performance bonus, RRSP contribution and participation in our profit-sharing program. Base salary will be commensurate with experience, skills, and qualifications.

At Nicola Wealth, our people grow our business, delight our clients, and live our values every day. Our comprehensive compensation and benefits package reflects our appreciation for this commitment. Whether it’s participating in our profit sharing and benefit programs on day one, or the opportunity to participate in our share ownership program, our people are able to go beyond a conventional salary and bonus structure. To learn more about our complete package, visit: www.nicolawealth.com/total-rewards.

Please include both a cover letter and resume in support of your application. We are an inclusive, equal opportunity employer. For more information about this and other roles: www.nicolawealth.com/careers.

It is our priority to remove barriers to provide equal access to employment. Should you require reasonable accommodation during the recruitment process please contact us at [email protected] and we will work with you to meet your needs. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Nicola Wealth policies.

Thank you for your interest in a career with Nicola Wealth!