FUND CHIEF FINANCIAL OFFICER Murchinson is a $600 million+ multi-strategy hedge fund based in
Job Description
FUND CHIEF FINANCIAL OFFICER
Murchinson is a $600 million+ multi-strategy hedge fund based in Toronto with a strong track record spanning over 10 years. We are seeking a dynamic and experienced Chief Financial Officer (CFO) to lead our finance team. The position is based in our Toronto office and is an in office role (no remote work). The CFO will play a critical role in shaping the financial reporting strategy, overseeing business risk, and ensuring the integrity and efficiency of our financial processes. This position requires a strategic thinker with a strong background in asset valuation.
Responsibilities
• Provision of timely and accurate fund performance measurement and reporting, including monthly investor communications
• Optimizing quality of monthly fund performance calculations while implementing additional controls
• Preparation and reporting of the funds’ statutory financial statements and all regulatory reporting requirements, ensuring all statements and reports are accurate and submitted on a timely basis
• Daily reconciliation of fund accounts with administrator records, promptly researching and correcting any variances
• Ensuring that monthly NAVs struck by the outsourced provider are accurate and timely • Tracking of NAV errors and working with service providers on action to prevent re occurrence
• Handling expenses accrued and paid by the funds on an accurate and timely basis including calculation and monitoring of the total expense ratios
• Ensuring that all procedures, policies, and processes are thoroughly documented and diligently executed.
• Manage the fiscal year end audit process and provide information to auditors as required • Maintaining effective working relationships with external auditors and stakeholders • Provide efficient and accurate support to the Investment team – driving and/or overseeing strategic initiatives and special projects as needed
Fund Accounting
• Timely and accurate fund performance measurement and reporting (NAV, NAV estimates, pricing)
• Level 3 asset monthly valuations
• Manage Audit
• Level 3 memos
• Daily Price reconciliation
• Shadow NAV
• 3 way reconciliation
• Run weekly calls with the administrator
Treasury
• Monitor and track expenses/accruals
• Wires
• Daily reconciliation of cash accounts to Alpha Desk
• Treasury report
• Margin report
• Excess Cash report
Controller
• P&L & statements for private investments
• Maintain Management Company QuickBooks
General
• Create Finance manual for all finance procedures
• Provide efficient and accurate support to the overall Investment and Operations teams
Qualifications
• Bachelor’s degree with a strong academic record; 3.5+ GPA preferred • CA or CPA required
• 4+ years of national public accounting firm experience
• Deep understanding of financial reporting
• Excellent excel skills
• Excellent communication skills, both written and verbal
• Ability to work effectively and follow instructions under pressure in a fast-paced environment
• Team player with the highest standards of integrity, honesty and mutual consideration.
Interested candidates meeting the above qualifications can forward a resume and cover letter to xxxxx.
Experience Required
Experience not specified
