Essential Functions

Valuation of private securities

Prepare or review valuation of private securities for reasonableness and overall accuracy, including appropriately documented conclusions.
Review financial reports provided by issuers of private securities to ensure any/all issues have been addressed in the valuation process.
Liaise with portfolio management as appropriate for information sharing.

Taxation:

Oversee tax compliance function for Portland Funds to ensure minimization of tax risk, including reviewing the work done by service providers in determining taxable distributions, investor tax slip production and delivery, and review/preparation of tax returns and related filings.
Be a resource on taxation matters as it relates to Portland Funds, including education of advisors.
Preparation of annual HST returns and review of HST rate changes recommended by third party administrator.

Oversight of NAV production:

Oversee the day-to-day fund accounting function to ensure net asset value calculations are accurate and the third party service provider has what they require from Portland in order to prepare same.
Monitor and track service quality of third party service provider.
Review of various oversight packages, daily/monthly NAV calculations and other items as required, resolving issues as required.

Financial statements and audit:

Oversee the production of financial statements including coordination of deliverables from service provider and review of their work for quality.
Review fund expenses and work with corporate accounting to resolve any anomalies.
Develop fund budgets and explain variances.
Coordination of the annual fund audits.

Reporting:

Prepare monthly, quarterly, annual management and performance reporting for internal and external parties.
Liaise with other departments to ensure reporting needs are met.

Competencies:

Achievement Orientation – A Concern for working well or for surpassing a standard of excellence
Business Acumen – The ability to understand the business implications of decisions and the ability to strive to improve organizational peferformance
Conceptual Thinking - The ability to identify patterns or connections between situations that are not obviously related
Analytical Thinking - Understanding a situation, issue, problem, etc. by breaking it into smaller pieces
Commitment to Continuous Learning - Taking action to continuously learn in order to improve individual professionalism and effectiveness within the organization
Concern for Order - Reflects an underlying drive to reduce uncertainty in the surrounding environment
Expertise - The ability and motivation to expand and use technical knowledge or to distribute work-related knowledge to others
Integrity - Acting in a way that is consistent with what one says

Education:

Accounting designation (CPA/CA/CMA/CGA) required
CFA or Chartered Business Valuator designation would be an asset

Work Experience:

Experience with private equity funds and valuation of private securities is required.
Experience in the taxation of trusts, limited partnerships and corporations in Canada is desired.
Experience preparing or reviewing financial statements prepared in accordance with IFRS is desired.
10 years or more in the financial service industry desired, preferable asset management.

We thank all applicants in advance, however, only those individuals selected for an interview will be contacted.

At Portland Investment Counsel Inc, we support diversity and equity. We strive to provide a workplace that is recognized as inclusive for all, regardless of ethnic origin, nationality, language, religious beliefs, gender, sexual orientation, age, marital status, family situation, physical or mental disability. We respect the dignity and independence of persons with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions. If contacted for an interview, please inform us should any accommodation be required.

Job Type: Full-time

Additional pay:

Bonus pay

Benefits:

Company events
Dental care
Disability insurance
Employee assistance program
Extended health care
Life insurance
On-site parking
Paid time off
RRSP match
Vision care

Flexible language requirement:

French not required

Schedule:

Monday to Friday

Education:

Bachelor's Degree (preferred)

Work Location: Hybrid remote in Burlington, ON L7P 4V7

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