Fund Reporting Analyst

Portland Investment Counsel Inc. (Portland) is a premier Canadian investment counsel firm based in Burlington, Ontario, specializing in high-conviction active management and truly differentiated thematic investing. Under the leadership of Executive Chairman Michael Lee-Chin, we focus on building and preserving wealth through long-term, owner/operator perspectives on quality businesses—particularly founder-led companies and innovative themes such as precision oncology (via our Life Sciences Alternative Fund) and the replacement of fossil fuels including nuclear energy (via our Replacement of Fossil Fuels Alternative Fund).

We provide sophisticated clients, institutions, advisors, and active DIY investors access to high-quality private and alternative investments, complemented by award-winning public equity and private debt strategies (including existing mutual fund products and forthcoming exchange-traded products accessible via online brokerages) that emphasize durable competitive advantages, low turnover, and intrinsic value. Our brand stands out for its commitment to transparency, deep operational insight, and democratizing access to opportunities typically reserved for the ultra-affluent and institutions.

Essential Functions:

• Prepare or review daily, monthly and quarterly reporting requirements for the funds for internal and external parties
• Participate in the oversight of the day-to-day fund accounting function to ensure documented service levels are being met and net asset value calculations are accurate and the third party service provider has what they require from Portland in order to prepare same
• Review of various oversight packages, daily/monthly NAV calculations and other items as required, resolving issues as required
• Assist in the preparation or review of the valuation of private and alternative securities held by the funds
• Participate in the coordination, review and completion of semi-annual and annual financial statements ensuring accuracy and propriety of accounting treatment
• Assist in the coordination of the audit, including preparation and review of various working papers
• Participate in coordinating and review of distribution calculations and tax returns for the funds

Competencies:

• Analytical Thinking - Understanding a situation, issue, problem, etc. by breaking it into smaller pieces
• Business Acumen - The ability to understand the business implications of decisions and the ability to strive to improve organizational performance
• Conceptual Thinking - The ability to identify patterns or connections between situations that are not obviously related
• Concern for Order - Reflects an underlying drive to reduce uncertainty in the surrounding environment
• Commitment to Continuous Learning - Taking action to continuously learn in order to improve individual professionalism and effectiveness within the organisation
• Information Seeking - Driven by an underlying curiosity and desire to know more about things, people, or issues
• Integrity - Acting in a way that is consistent with what one says
• Teamwork and Cooperation -Works cooperatively with others, to be part of a team, to work together, as opposed to working separately or competitively

Professional Designation:

• Completed or working to complete an accounting designation required

Work Experience:

• Minimum 1-3 years of experience that would provide an understanding of general accounting practices and principles, financial reporting and taxation, ideally in a fund accounting role.
• Experience with a variety of investment products including mutual fund trusts, pooled funds, limited partnerships and investment in private securities highly desirable.
• Advanced Excel and intermediate Word skills required; familiarity with Bloomberg desired.

Qualified applicants should email resumes along with a cover letter to resumes@portlandic.com.

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

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.

Your application will be reviewed by a member of the hiring team - AI is not used in the screening, assessment or selection of candidates. Every hiring decision is made by real people who care about finding the best addition to our team.

The base salary range for this position is $55,000 to $80,000. In addition, we provide a discretionary performance bonus, group health benefit plan, RSP matching, onsite free underground parking as well as social and wellness events.