Associate, Fund Operations

Build something people love Wealthsimple is Canada’s leading financial innovator. The company offers a full suite of simple, sophisticated financial products across managed investing, do-it-yourself trading, cryptocurrency, tax filing, spending and saving. Wealthsimple currently serves more than 4 million Canadians and holds over $155 billion in assets under administration. The company was founded in 2014 by a team of financial experts and technology entrepreneurs, and is headquartered in Toronto, Canada. We're proud of what we've built — and we're just getting started. Read our Culture Manual and learn more about how we work . About the role We're looking for a technical, detail-oriented Senior Fund Accountant to join our Alternative Operations team. You'll be the primary owner of the Net Asset Value (NAV) for our private market vehicles — not just reporting on it, but acting as the bridge between our external fund administrators and our internal product and investment teams. Our Alternative offerings, ranging from Private Credit to Private Equity funds, need to be accounted for with institutional-grade precision, and that precision starts with you. About the team Fund Operations is the team that keeps our Alternative Investment Funds products running accurately and at scale. We own the operational functions behind private credit, private equity, private markets, venture, and infrastructure fund structures, including NAV oversight, capital activity, and financial reporting. We're a small, high-ownership team that works closely with Legal, Compliance, Investment Research, and external Fund Administrators, GPs, Custodians, and Auditors to build institutional-grade processes as our alternatives platform grows. What you'll do: Join the Fund Operations team, and work directly with our Manager and other Fund Operations Associates to execute on daily fund accounting and capital activity processes Own NAV-related tasks including expense reviews, P&L verification, and cash and position reconciliations, to keep our funds' NAVs accurate and defensible Process capital activity for alternative funds, including subscriptions, redemptions, distributions, and capital calls, ensuring every transaction runs with precision Handle in-kind and mutual fund transfer transactions within Fundserv, acting as a subject matter expert on Fundserv from a fund manufacturing and dealer perspective Collaborate with Asset Management, Compliance, Product, Trading, and Engineering to ensure the accuracy of client records and flag operational issues before they become client-facing problems Respond to client inquiries and prepare ad-hoc reports that give clients clarity on their portfolios Coordinate with auditors during the annual audit process and help prepare audit workpapers Use data to identify inefficiencies in our processes and propose solutions, leveraging AI where it helps us move faster without sacrificing accuracy Maintain and update process documentation as our operations scale What you bring: 1-2 years of experience at a fund management or fund administration company, with exposure to NAV calculations, tax and audit preparation, and settlement of orders, distributions, redemptions, and capital calls Experience through a full fund accounting cycle, including trade execution, positions, bank reconciliations, audit support, and journal entries Strong Excel skills, with SQL or other programming experience considered a plus, along with progress toward or completion of an industry designation (CPA, CFA, CAIA, CSC) also a plus Strong business judgment, comfort working with large datasets under tight deadlines, and a genuine curiosity about fintech and alternative investments Why Wealthsimple? 🌸 Top-tier health benefits and life insurance 📈 Long-term group savings with employer match, through Wealthsimple for Business 🌴 20 vacation days, 4 wellness days, and unlimited sick and mental health days per yea