Description
Grade: P6Referral Level: Level 1Division: IGM-AMOIGM Financial Inc. is a leading wealth and asset management company in Canada, managing approximately $290 billion in assets. It offers financial planning and investment services to over two million Canadians through IG Wealth Management and Mackenzie Investments. Mackenzie Investments, founded in 1967, is a key part of IGM’s business model, serving as a comprehensive asset-management partner for Canadian financial advisors and their clients. At Mackenzie Investments You Can Build Your Career with Confidence. We are proud to be recognized as one of Canada’s Top 100 Employers for the fourth consecutive years and one of Canada’s Best Diversity Employers. Our vision and strategy aim to innovate the industry and support Canadians in achieving their financial goals. Join our team to engage in continuous learning and skill development in a supportive environment. Experience the best of both worlds with our hybrid work environment, where you spend three days a week in the office, connecting, collaborating, and enjoying quality time with your amazing colleagues! Our Values: Be better; we strive for improvement in everything we do. Be accountable; we foster clarity and are empowered to act responsibly. Be a team; we are united to drive collective impact to achieve our goals. About the RoleThe Senior Analyst, Fund Accounting Oversight (FAO), is a key member of Asset Management Operations responsible for accurate and timely fund valuations. This role upholds IGM’s regulatory oversight obligations, implements the Fund Oversight Framework, and works with third-party administrators and internal teams. The position focuses on maintaining unitholder interests through strong controls, operational efficiency, and continuous improvement.Key ResponsibilitiesFund Accounting Oversight & NAV GovernanceOversee NAV production conducted by external service providers, ensuring accuracy, completeness, and compliance with fund documents and regulatory standards.Review, challenge, and approve NAV escalations, price exceptions, valuation methodologies, stale pricing, corporate actions, and reconciliation variances related to cash and assets.Monitor execution of critical controls, proactively identifying and mitigating risks associated with valuation.Support monthly, quarterly, and annual financial reporting cycles, emphasizing valuation integrity and readiness for audits.Vendor & Service Provider OversightMaintain strong oversight of third-party fund accounting providers by monitoring SLA/SLD performance, conducting trend analyses, and validating operational effectiveness in line with the IGM Fund Oversight Framework.Collaborate with vendors to resolve NAV errors, operational exceptions, and process gaps, ensuring timely resolution and implementing preventative measures.Participate in SOC reporting reviews, custody transitions, reconciliation improvements, and broader vendor governance initiatives.Risk Management, Issue Resolution & Preventative ControlsInvestigate NAV errors, valuation discrepancies, and operational incidents to identify root causes and assess unitholder impact.Recommend and monitor preventative measures to strengthen internal controls and minimize recurrence.Support the management of emerging risks associated with derivatives, new product types, and changing regulatory standards.Stakeholder Engagement & Cross‑Functional CollaborationServe as a subject-matter expert for internal clients, including Investment Management, Product, Tax, Fund Reporting, Finance, Operations, and Compliance teams.Provide clear guidance, prompt responses, and actionable insights regarding valuation inquiries, fund events, product developments, and operational changes.Continuous Improvement & Strategic InitiativesContribute to the modernization of Fund Oversight through automation, process redesign, enhancements, and operational efficiency efforts.Participate in cross-departmental projects such as custody/accounting system migrations, new fund launches, and system integrations.Maintain comprehensive documentation, process maps, controls, and procedural guidelines in alignment with audit standards.QualificationsTechnical ExpertiseMinimum of 5 years’ experience in fund accounting, valuation oversight, NAV operations, or related asset management functions.Thorough understanding of fund valuation principles, pricing methodologies, reconciliation workflows, and various financial instruments including equities, fixed income, and alternatives.Advanced proficiency in Excel; knowledge of AI tools and Power BI; familiarity with fundamental fund accounting and fund administration systems.Basic understanding of Python is considered an asset.Professional SkillsStrong analytical and problem-solving skills, with the ability to assess risks and communicate valuation impacts effectively.Demonstrated accountability, ownership, and sound judgment when handling escalations and meeting tight deadlines.Excellent communication abilities, capable of influencing and collaborating across teams and with vendors.Proven aptitude for navigating complex, multi-party operating models and managing priorities in dynamic environments.Education & CredentialsBachelor’s degree in Business, Finance, Accounting, or a related discipline.Canadian Securities Course (CSC) certification or equivalent professional expertise.Progress toward CFA, CPA, or other relevant industry certifications is considered an advantage.Why Join UsContribute to a growing, high-impact oversight function that protects millions of Canadian investors.Work alongside leaders who value integrity, continuous improvement, and professional development.Receive competitive compensation, performance incentives, comprehensive benefits, and development opportunities within Asset Management Operations.Be part of a culture that fosters operational excellence, innovation, and strong cross-functional collaboration.Benefits: COMPETITIVE COMPENSATION & RECOGNITION: competitive base salary, performance-weighted bonus, education/career support, option to join Employee Share Purchase Plan with employer matching component. EMPLOYEE BENEFITS & INSURANCE: competitive health and dental coverage, flexible plan for you and your family and short-term & long-term disability plans. RETIREMENT SAVINGS PROGRAMS: voluntary Group RRSP enrolment with employer matching component. WORK LIFE BALANCE: paid volunteer days, competitive time off including 10 wellness days off, WorkPerks discount program, hybrid & flex work arrangements. INCLUSIVE CULTURE AND DIVERSITY: living our core values: Be a Team, Be Accountable, Be Better, engaging with community through Business Resource Groups (BRG communities are volunteer employee-led groups formed around a common interest, identity, or background). The expected annual base salary range for this role is ($69,000 – $83,500), which is determined based on skills, knowledge and experience and geographic location. In addition to base salary, this role is eligible for annual short-term incentive, health and well-being benefits, retirement and savings plan, paid time off and career development. IGM is a diverse workplace committed to doing business inclusively – this starts with having a representative workforce! We encourage applications from all qualified candidates that represent the diversity present across Canada – including racialized persons, women, Indigenous persons, persons with disabilities, 2SLGBTQIA+ community, gender diverse and neurodiverse individuals, as well as all who may contribute to the further diversification of ideas. Mackenzie Investments is an accessible employer committed to providing barrier-free recruitment experience. If you require accommodation or this information in an alternate format at any stage of the recruitment process, please reach out to the Talent Acquisition team who will work with you to meet your needs. How to Apply: Interested candidates are invited to submit their resume and a cover letter detailing their qualifications and experience to https://www.mackenzieinvestments.com/en/careers. We thank all applicants for their interest in Mackenzie Investments; however, only those candidates selected for an interview will be contacted. Please apply by February 13, 2026. #LI-JS2 #LI-Hybrid
