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’ two primary businesses are Private Equity and Credit. In Private Equity, we raise funds from third-party investors, or limited partners, 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, public 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 and family offices. In total, Onex has $50.0 billion in assets under management, of which $8.5 billion is Onex’ own investing capital.
THE OPPORTUNITY:
Reporting to the Director, Finance based in Toronto, Onex is seeking to hire a Senior Associate to join the Finance team. The Senior Associate will play an import role in supporting the Onex team with accounting and reporting both internally and externally.
WHAT YOU WILL DO:
- Work alongside the team to ensure that corporate accounting records and reporting are accurate, complete, and timely
- Treasury management functions including execution of foreign exchange transactions and money market investments and redemptions;
- Participate in the transfer of funds for various transactions such as capital calls, distributions and intercompany funding across banking platforms
- Coordination and preparation of quarterly firmwide accruals
- Support public reporting for the firm through:
Preparation of lead sheets, working papers and other support schedules;
Preparation of financial statement notes and MD&A sections; and
Preparation of summary board liquidity reporting
- Support the firm’s internal controls over financial reporting through semi-annual updates of internal control narratives and testing by internal audit
- Implement complex tax and compensation transactions through the preparation and communication of the accounting steps / implications. Develop adjusting / consolidating entries for public reporting purposes
- Preparation of share repurchases under the Normal Course Issuer Bids by the firm, including the maintenance of repurchase details and regulatory reporting
- Support various projects within the Corporate Finance team as well as ad hoc tasks as required
WHAT YOU BRING:
Professional Characteristics
- University degree in accounting, finance, or business
- Professional Accounting Designation (CPA)
- A minimum of 3 years’ experience related to financial reporting / accounting, including full accounting cycle; preparing financial statements; and analyzing income statement accounts and explaining and documenting variances
- Audit and / or tax experience preferred
- Strong business acumen and work ethic with the desire, ability, and curiosity to think strategically to navigate competing issues and improve current processes
- Strong communication skills and the ability to work proactively to complete tasks within tight deadlines
- High level of professionalism and maturity along with strong interpersonal skills
- Ownership of work and desire to take tasks to the next level
- Attention to detail and excellent communication skills necessary
- Proficiency in Microsoft Excel
Personal Characteristics
- Thinks about issues and develops solutions that thoughtfully take the broader context into account. Positively deals with a shifting demand for time, priorities, and the rapid change of your environment
- Takes ownership for and “rolls up sleeves” to meet objectives
- Understands the business drivers behind the journal entries
- Demonstrates accuracy and thoroughness. Ensures quality and demonstrate a strong attention to detail and follow-through.
- Commits to implementing best practices and continuous improvement
- Clearly and confidently communicates and presents concepts, analysis, ideas, and information internally and externally
- Presence and self-confidence to interface with the key constituents of the firm including process owners, senior executives, and other stakeholders
- A pattern of excellence, both personally and professionally, demonstrated by the individual’s education, career track record, intellect, and professional reputation
- A high standard of integrity and ability to maintain the highest degree of confidentiality
- Self-awareness, maturity, irreproachable integrity
- A strong work ethic and seeks to complete work effectively and efficiently
Desired Skills and Experience
- Business Central, Microsoft Dynamics NAV, Power BI, OneStream
- Financial Accounting
- Financial Audits
