Supervisor Fund Accounting Private Markets Private Equity

Junior Associate Director (Supervisor), Fund Administration

About

MUFG Investor Services is a trusted partner to many of the world’s largest public and private funds, providing asset servicing and operational solutions built for alternatives. With over $1 trillion in client assets under administration, we offer fund administration, banking, payments, fund financing, foreign exchange overlay, corporate and regulatory services, custody, business consulting, and more. Operating from 14 locations worldwide, we help clients mitigate risk, enhance efficiency, and navigate the operational complexities of today’s investment management landscape. As a division of Mitsubishi UFJ Financial Group (MUFG), one of the world’s largest financial institutions with approximately $3 trillion in assets, we combine deep expertise with the strength and stability of a leading financial institution.

Responsibilities

• Oversee the delivery of fund administration services to private market clients, with a focus on private equity structures.
• Maintain accurate books and records and prepare financial and investor reporting.
• Review the work of associate-level staff and provide mentorship.
• Support all accounting and operational aspects of clients serviced through the Investran platform.
• Act as a primary point of contact for clients, auditors, and internal teams.
• Review financial data received from Private Equity clients and load to internal accounting systems.
• Assist with setting up, preparing, and reviewing consolidations through the investment structure.
• Process payment of fund expenses in applicable banking systems.
• Book journal entries related to cash payments and accruals.
• Prepare third-party reconciliations of investments and cash.
• Prepare capital call and distribution calculations and notices.
• Prepare fee schedules, including calculation of management fees and carried interest.
• Prepare investor allocations for each NAV cycle.
• Prepare NAV packages and other ad hoc deliverables as defined in service level agreements.
• Collaborate with clients, banks, auditors, and other third parties to ensure smooth delivery and completion of deliverables.

Requirements

• Post-secondary education/University Degree with a concentration in finance or accounting.
• Some years of experience working in the fund administration industry with experience managing staff, which can include other administrators, investment managers, or fund auditors.
• Proficient with Microsoft Excel.
• In-depth understanding of the fund administration industry, including multiple fund structures, fee calculations, financial instruments, and fund offering documentation review.
• Professional accounting designation (CPA, ACCA, or equivalent) preferred or in progress.
• Existing experience with fund accounting software Geneva, Investran, or Yardi would be an asset.
• Working knowledge of Bloomberg would be beneficial but not necessary.