Hedge Fund Accountant

Company Description

AIP Asset Management, established in 2013 and based in Toronto, is a distinguished investment manager. The company boasts a team of founders and professionals with over 100 years of combined expertise in both private and public markets. With a proven entrepreneurial spirit, the firm has a strong history of success, including the foundation of several companies. Learn more about the company at

This is a full-time, on-site position located in Toronto, ON, for a Hedge Fund Accountant.

Job Description:

• Prepare monthly journal entries, and detailed variance analysis of balance sheet accounts
• Monitor the performance and credit quality of existing investee companies
• Assist the CFO with audit file preparation, and answering queries from auditors
• Support the originations team in the evaluation of potential investments
• Assist the CFO to prepare year end tax returns and slips for the LP and Trust
• Detailed analysis of financial statements to determine the financial health of both existing and potential investments (debt levels, availability of collateral, liquidity, capacity, accounting policies, internal controls, etc.)
• Participate in calls and meetings with existing and potential investee companies
• Prepare monthly credit ratings, interest statements, and update reports for the existing loan portfolio
• Conduct modelling and comparative analysis to support valuation
• Conduct due diligence on prospects internally, participate in field visits, engage independent auditors and define their scope of mandate based on findings internally
• Other related duties assigned by Vice President or CFO

Qualifications:

• An undergraduate degree is required with preference given to candidates who specialized in accounting, finance, or science
• Preference will be given to candidates pursuing a CPA or CFA, or who have completed an MBA
• Preference will be given to candidates who have commercial banking or fund accounting experience
• Ability to learn and adapt to new situations quickly
• Strong communication skills, both verbal and written
• Advanced level of proficiency in PowerPoint and Excel
• Proven ability to conduct financial analysis
• Team player, who is eager to learn, with a keen attention to detail
• Ability to work with tight deadlines
• New graduates are welcome to apply