Controller, Fund and Portfolio Accounting

Responsibilities

• Fund accounting and investor reporting — Design, implement, and operate the fund accounting system in house, including chart of accounts, entity structure, consolidation logic, and intercompany eliminations
• Fund accounting and investor reporting — Own the management fee calculation and billing cycle, and the supporting expense allocation methodology
• Fund accounting and investor reporting — Produce quarterly investor reporting packages, including capital account statements, performance reporting, and portfolio commentary
• Fund accounting and investor reporting — Produce annual audited financial statements and manage the external audit end to end, including the planning meeting, the prepared by client list, fieldwork, and resolution of audit findings
• Fund accounting and investor reporting — Complete annual portfolio valuations, document the methodology, and defend the marks to auditors and to ownership
• Fund accounting and investor reporting — Track and report returns at fund and asset level, including IRR, MOIC, and performance against acquisition basis
• Treasury, banking, and cash management — Own treasury across the platform, including daily cash position, liquidity management, and short term cash forecasting
• Treasury, banking, and cash management — Own banking relationships and account structure, including account opening, signing authorities, entitlements, and the payment approval matrix
• Treasury, banking, and cash management — Manage payment execution and controls, including wire and electronic funds transfer authorisation, dual approval thresholds, and fraud prevention
• Treasury, banking, and cash management — Manage debt facilities and capital calls, including drawdowns, repayments, covenant compliance, and lender reporting
• Treasury, banking, and cash management — Manage foreign exchange exposure across Canadian and United States operations, and the movement of funds between entities
• Treasury, banking, and cash management — Manage surplus cash and short term investment of idle balances within approved policy
• Financial planning and analysis — Own the annual budget and the rolling forecast for Onni Capital and for the operating companies it builds
• Financial planning and analysis — Produce monthly variance analysis with commentary that explains why a number moved, not just that it moved
• Financial planning and analysis — Build and maintain the reporting cadence: monthly management reporting, quarterly investor reporting, annual audited financials
• Financial planning and analysis — Model cash requirements across the platform and flag funding needs before they become urgent
• Internal controls, tax, and compliance — Design and operate the internal control framework, including segregation of duties, approval limits, delegation of authority, and documented policies proportionate to a business of this size
• Internal controls, tax, and compliance — Own the accounting policy manual and ensure consistent application across every entity
• Internal controls, tax, and compliance — Own tax compliance across the platform, including corporate filings, indirect tax, cross border considerations, and coordination with Onni Group counsel and external tax advisors
• Internal controls, tax, and compliance — Maintain the entity register and ensure statutory filings, corporate records, and regulatory obligations are met for every entity
• Internal controls, tax, and compliance — Coordinate insurance and the finance side of risk management across the platform
• Internal controls, tax, and compliance — Own the finance technology stack, including selection, implementation, and integration of accounting, reporting, expense, and treasury systems
• Operating company accounting — Own the accounting function for the businesses Onni Capital starts, currently Valorem, Craton Mission Critical, and Panni Consulting, including implementation of the accounting system, chart of accounts, and month end close
• Operating company accounting — Establish the billing, revenue recognition, and cost allocation approach for Panni Consulting, including internal preferred rate work and external market rate engagements
• Operating company accounting — Set up banking, payment controls, expense management, and approval thresholds for each new entity as it is formed
• Transactions — Own purchase accounting on acquisitions alongside the private equity team, including purchase price allocation, opening balance sheets, contingent consideration, and post close true ups
• Transactions — Support diligence on quality of earnings, working capital pegs, and net debt calculations
• Transactions — Advise on entity structuring and transaction accounting implications ahead of close, working with Onni Group counsel and external tax advisors
• Transactions — Set up treasury, banking, and controls inside newly acquired businesses as part of the first hundred days
• Team and standards — Manage the Intermediate Accountant and build out the accounting team as the platform grows
• Team and standards — Automate reporting wherever it can be automated, using modern AI and finance tooling rather than adding headcount
• Team and standards — Document processes, models, decisions, and operating standards so successful approaches can be repeated across the team
• Within the first 90 days — The chart of accounts, entity structure, and consolidation approach are designed and implemented rather than improvised
• Within the first 90 days — The fund accounting system is live, with a documented month end close calendar and defined responsibilities
• Within the first 90 days — The management fee calculation methodology and expense allocation basis are agreed and documented
• Within the first 90 days — Treasury is under control. Daily cash position is visible, banking structure and signing authorities are set, and the payment approval matrix is documented and enforced
• Within the first 90 days — The internal control framework and delegation of authority are drafted and in use
• Within the first 90 days — You have a defensible view of where the current numbers are weak and a plan to fix them
• Within the first year — Onni Capital has issued its first investor reporting packages on time, with capital account statements and performance reporting that need no rework
• Within the first year — The first annual audit has been completed with no material adjustments and no significant deficiencies raised
• Within the first year — Portfolio valuations are supported by documented methodology that survived auditor challenge
• Within the first year — Financial planning and analysis is operating, with a rolling forecast, monthly variance commentary that explains causes rather than restating numbers, and cash requirements flagged before they become urgent
• Within the first year — Cash forecasting is accurate enough that funding needs are anticipated rather than discovered, and no covenant or facility obligation has been missed
• Within the first year — Tax filings and statutory obligations are current across every entity, with no penalties or late filings
• Within the first year — Accounting for every operating company Onni Capital started is running on a consistent system and closing on schedule
• Within the first year — Purchase accounting on every acquisition completed during the year is done correctly, with opening balance sheets and post close true ups settled
• Within the first year — A meaningful part of the close and reporting cycle has been automated, so the second year does not require a second accountant to run the same volume
• Within the first year — The accounting function operates independently. Nothing routine escalates to ownership, and nothing routine gets routed to Onni Group shared services
• Within the first year — The deal team treats you as someone whose view on a number changes the decision, not as a reporting function downstream of it

Requirements

• CPA designation, with meaningful private equity, fund, or investment management accounting experience. This is a requirement, not a preference. You should have owned fund level books, investor reporting, and capital account mechanics before
• Direct experience with purchase accounting and business combinations, including purchase price allocation and opening balance sheets
• Experience owning an external audit end to end, as the person the auditors dealt with rather than a contributor to someone else's file
• Experience implementing an accounting system from scratch, or materially rebuilding one, rather than only operating an established one
• Genuine financial planning and analysis capability. Budgeting, forecasting, variance analysis, and the judgment to know which variances matter
• Treasury capability, including cash forecasting, banking administration, payment controls, and management of debt facilities and covenant compliance
• Experience designing and operating an internal control framework, including segregation of duties, approval authorities, and fraud prevention
• Working command of corporate and indirect tax compliance, and the judgment to know when to bring in an external advisor
• Strong technical accounting knowledge under ASPE and IFRS, with the ability to research a position, document it, and defend it
• Comfort with consolidation across multiple entities, including intercompany transactions and eliminations
• Demonstrated ability to use modern AI tools to automate reporting, reconciliation, analysis, and documentation
• Strong written communication. You can put a financial result in front of ownership in one page and have it land
• The judgment to build controls proportionate to the business rather than importing a public company control framework into a twenty person team
• Comfort operating without a shared services function behind you. If it is a finance task, it is yours to solve rather than to route somewhere else
• Comfort working in a small, fast moving team where the answer is often that no process exists yet and you need to create one
• High personal standards for accuracy, quality, ownership, and follow through
• Nice to Have — Experience at a fund administrator, or having transitioned a fund from third party administration to self administration
• Nice to Have — Experience with construction, industrial services, real estate, or data centre accounting
• Nice to Have — Experience setting up accounting for newly formed operating companies
• Nice to Have — Familiarity with QuickBooks, and with modern finance tooling for expense management, billing, and reporting automation
• Nice to Have — Big Four transaction services or audit background

Why join

Most controller roles are maintenance. You inherit a system, a team, a close calendar, and a set of decisions someone else made years ago. This one is construction. Onni Capital invests its own capital. There is no fundraising cycle and no external limited partners with conflicting reporting demands. That means you are building a reporting system designed to actually inform decisions rather than to satisfy a compliance checklist. You will sit close to the transactions. When we buy a construction services business or convert an industrial site into a data centre, you are in the room for the structuring conversation, not receiving the file after close. The purchase price allocation, the opening balance sheet, and the earnout mechanics are yours to get right. The businesses we start are yours to set up properly from day one, before bad habits form. That is unusual, and it is the part of the job that compounds. How We Work Onni Capital is being designed as a high ownership, low bureaucracy team. We work in small project groups, test ideas quickly, put early products in front of users, and make decisions based on evidence rather than hierarchy. Team members are expected to: • Challenge assumptions and communicate directly • Take responsibility for outcomes, not simply produce recommendations • Use modern AI tools to work faster and produce better results • Share unfinished work early and improve it through feedback • Move comfortably between strategic analysis and hands on execution • Know when to continue investing in an idea and when to stop • Operate effectively without a detailed playbook This is not a role for someone who wants months of consensus building, a rigid job description, or a narrowly defined set of responsibilities. It is for someone who learns quickly, takes initiative, enjoys solving ambiguous problems, and wants to help build something from the ground up. You will build the finance function rather than run someone else's. In a single quarter, you may be involved in: • Designing the chart of accounts and entity structure the platform will use for the next decade • Opening bank accounts and setting the payment authority matrix for a brand new entity • Sitting in the structuring conversation on a live acquisition before the deal is signed • Setting up the books, banking, and controls for a company that did not exist ninety days earlier • Producing the first investor reporting package Onni Capital has ever issued • Defending a portfolio valuation to external auditors • Automating a reconciliation that would otherwise have justified another hire • Telling the deal team a number does not support the thesis The expectation is high ownership. You will be the person ownership relies on for the accuracy of every number that leaves this platform, and for the fact that the finance function does not need anyone else to run. Onni Capital is creating a new headquarters in downtown Vancouver designed for builders, founders, investors, product teams, and portfolio companies, not traditional corporate administration. The space is intended to become a home for company creation, collaboration, product demonstrations, investment discussions, founder events, and the broader Onni Capital community. Team members will receive: • Direct exposure to senior Onni executives, investors, operators, developers, and founders • The opportunity to help launch products and businesses from the ground up • Access to Onni's operating businesses, technology resources, real estate portfolio, and investment platform • Competitive compensation and a discretionary performance bonus • A comprehensive company paid benefits package • An annual education and professional development allowance • Regular product demonstrations, founder sessions, investment discussions, and team events • Free access to a fully equipped gym • Friends and family rates across participating hospitality brands • Employee discounts at participating restaurants, retailers, fitness providers, and other businesses • A generous employee referral program Onni For over half a century, Onni has been building communities for people to live, work, and play. Our success reflects our commitment to our employees and partners, and our dedication to quality construction, innovation, sustainability, and customer satisfaction. Our expertise expands across North America, with offices in Vancouver, Toronto, Los Angeles, Seattle, Phoenix, and Chicago. AI Use This role may involve the use of artificial intelligence (AI) tools to support research, analysis, content development, design, reporting, or operational efficiency. Employees are expected to use AI responsibly and in compliance with company policies, data privacy requirements, confidentiality obligations, and applicable laws. All AI-generated or AI-assisted outputs must be reviewed for accuracy, quality, and appropriateness before use. Employees are also expected to disclose when AI tools have been used in the creation of work and must not present AI-generated content as solely their own original work.