Credit, Director Fund Operations

ABOUT ONEX: Onex is an investor and asset manager that invests capital on behalf of Onex shareholders and clients across the globe. Formed in 1984, we have a long track record of creating value for our clients and shareholders. Onex became a public company in 1987 and is listed on the Toronto Stock Exchange under the symbol ONEX.

Onex’ two primary businesses are Private Equity and Credit. In Private Equity, we raise funds from third-party investors and invest them, along with Onex’ own investing capital, through the funds of our private equity platforms: Onex Partners and ONCAP. Similarly, in Credit, we raise and invest capital across several private credit, liquid credit and public equity strategies.

Our investors include a broad range of global clients, including public and private pension plans, sovereign wealth funds, insurance companies, family offices and high net worth individuals. 4 billion is Onex’ own investing capital. We generate value for our shareholders through two segments: Investing and Asset Management.

io/onexgeneral . The Opportunity: Reporting to the Managing Director – Head of Fund Operations, Onex Credit based in New Jersey, you will focus primarily on fund accounting and performance reporting for various products including closed and open-ended funds along with separately managed accounts.

Key Responsibilities

include the review of NAV estimates produced by external administrators, oversight of audited financial statements for various funds and the management company, review consolidation reporting of funds/management company to parent (Onex), review daily and monthly pricing for all assets in funds, as well as producing P&L and performance data for use by senior management/marketing on an ad-hoc basis. This role will be based in Toronto.

: Mentor, and train fund accounting team members Implement controls and processes with other finance team members to ensure accurate data and consistency across products Review critical daily transactions posted by Custodians/Prime Brokers Review month-end close processes/financial statement preparation Analyzing fund performance on a daily, monthly, and quarterly basis Review the administrator monthly estimated and final NAV package and reconciliation with internal shadow books Provide strong oversight of internal shadow books and reconciliation with the administrator’s records Oversee the monthly or quarterly issuance of investor capital statements Manage the investor capital call and distribution process Work with auditors to review year-end financial accounts Maintain strong consistent communication and cooperation with the Fund Finance, Portfolio Management, Marketing and Legal teams along with other groups to support the operations of the credit platform Respond to client inquiries and perform ad-hoc duties as assigned Candidate Profile: Minimum 10 years related experience; CPA is strongly Preferred Strong understanding of US GAAP and IFRS reporting guidelines Strong understanding of master feeder fund structures, fee calculations, trading strategies Experience working with bank debt, bonds, equities, and FX swaps Experience working with alternative asset portfolio administration and general ledger applications; Advent Geneva and Wall Street Office is a plus Proficiency in Microsoft Excel Excellent written, communication and presentation skills and a friendly, service-oriented attitude. Ability to self-start, multi-task and positively deal with a shifting demand for time Presence and self-confidence to interface with the key constituents of the firm including clients, senior executives and other stakeholders Additional information: This position is for a current vacancy.