Sagard overview:
Sagard Holdings (“Sagard”) is a multi-strategy alternative asset manager with professionals located in Canada (Montreal, Toronto), the US, Europe and Asia. Since 2016, Sagard has grown exponentially. Assets under management have expanded from US$500M to over US$14B and Sagard’s team of diverse professionals has grown from 50 to over 300 team members in just 5 years.
Sagard invests across five asset classes: Venture & Growth, Private Equity, Private Credit, Royalties, and Real Estate. Sagard was founded by Power Corporation of Canada as a complement to its global investment holdings and serves as one of its key strategic priorities with strong, long-term growth objectives.
Sagard’s entrepreneurial DNA is palpable across our entire team and is a platform built by entrepreneurs, for entrepreneurs. Sagard looks to generate attractive returns by matching investment opportunities with flexible capital solutions and pairing entrepreneurs with teams that have deep industry knowledge. Sagard develops long-term partnerships and empowers the growth of its investments through a unique global network of portfolio companies, limited partners, advisors, and other valued relationships.
Sagard is a UN PRI signatory and strives to measure and assess the social and economic impact it has on the people and businesses within our network, as well as on our society as a whole.
More at https://www.sagard.com/.
Position overview:
We are currently looking for an individual who is passionate about accounting and financial reporting. The Analyst, Corporate Accounting, will work closely with the Manager, Corporate Accounting, in strengthening and streamlining closing processes, analyzing transactions and reporting financial results for the management companies of Sagard. The analyst will work closely with the finance team to improve the fund recharge process and be actively involved in a new GL and AP system implementation.
The analyst will have a good knowledge of IFRS, strong documentation and analytical skills and a desire to grow with the company.
The work can be mainly remote, with the need to be in the office (downtown Montreal) periodically for team meetings.
Your Responsibilities:
- Review of AP/Expense report GL coding and related journal entries to ensure correct classification.
- Management of the fund recharge process, including preparing the analysis, agreeing with the funds which expenses will be accepted, preparing the intercompany invoices and recording the related journal entries.
- Preparation and recording of quarterly lease journal entries based on lease liability schedules,
- including updating the schedules for any lease modifications.
- Preparation and recording of share-based payment journal entries, including updating the
- schedules for any changes and new grants.
- Preparation of quarterly variance analyses to ensure month end close activities are complete
- transactions are accurately recorded, and variances are explained.
- Preparation of quarterly management fee analysis.
- Preparation of annual foreign exposure analysis.
- Interaction with fund and consolidation finance teams for various reporting needs. ▪ Preparation of entity financial statements for audits and tax returns.
- Preparation of ad hoc analyses.
- Participation in GL/AP system implementation, including data conversion, system testing and
- validation.
Experience & Qualifications:
- University degree and recognized accounting designation.
- Organized and strong attention to detail.
- Team player, who is happy to do whatever is required to support the team.
- 3-5 years of relevant work experience.
- Expertise with Excel.
- Expertise with Sage Intacct an asset.
- Experience in an accounting firm or asset management/ financial services industry an asset. Exposure to multi-currency entities and intercompany transactions an asset.
Our ideal candidate:
- Rigorous - Strong analytical and problem-solving skills; organized and excellent attention to detail; high degree of accuracy in a fast-paced, results-oriented workplace; hard-working.
- Proactive and innovative - Thrives in an unstructured working environment; curious and eager to learn about a wide variety of topics; always looking for ways to improve processes and be more efficient and effective; suggests new ideas and new ways of working.
- Collaborative - Inclusive operating style coupled with a hands-on, results-oriented attitude.
- Excellent oral and written English; effective in French is a plus.
Sagard is an equal opportunity employer which values diversity in the workplace. We are therefore happy to accommodate any individual. If you require accommodation in order to participate in the hiring process, please contact the People & Culture team to make your needs known in advance.
We welcome all applications and wish to thank all candidates for their interest in applying for this position. However, only individuals selected for interviews will be contacted.
