Onex→
Onex Co-op/Internship, Corporate Finance, Toronto… at Onex · Toronto
Skills
Job Description
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 became a public company in 1987 and is listed on the Toronto Stock Exchange under the symbol ONEX. Onex’ two primary businesses are Private Equity and Credit. In Private Equity, we raise funds from third-party investors 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, liquid 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, family offices and high net worth individuals. Onex has $55.9 billion in assets under management, of which $8.4 billion is Onex’ own investing capital. We generate value for our shareholders through two segments: Investing and Asset Management.
To explore more opportunities at Onex, visit: https://job-boards.greenhouse.io/onexgeneral.
The Opportunity:
Reporting to the Manager, Finance based in Toronto, Onex is seeking to hire an Accounting Summer Intern to join the Finance team. The Accounting Summer Intern will play an important role in supporting the finance team with accounting and administrative tasks.
Key Responsibilities:
- Set up tax payments in various tax portals
- Clean up of Microsoft Business Central – clear unposted entries, billings and unapplied credit memorandums
- Update master list of accounts for new/closed bank accounts and ensure that these are tagged with the correct legal entity names
- Streamline wire payment templates for our US and Canadian banks
- Roll forward surveys for Statistics Canada
- Prepare annual BEA Filings
- Review bank statements and prepare bank reconciliations for certain entities
Candidate Profile:
Professional Characteristics
- Must be pursuing a university degree in accounting (major or minor)
- Strong business acumen and work ethic, with the desire, ability, and curiosity to navigate competing issues
- Strong communication skills and the ability to work to complete tasks within tight deadlines
- Ownership of work and desire to take tasks to the next level
- Attention to detail and excellent communication skills
- Proficiency in Microsoft Excel
Personal Characteristics
- A pattern of excellence, both personally and professionally, demonstrated by the individual’s education track record
- A high standard of integrity and ability to maintain the highest degree of confidentiality
- Self-awareness and irreproachable integrity
- A strong work ethic and seeks to complete work effectively and efficiently
Compensation and Additional Information:
The expected compensation for this position is C$850/week. This internship will be 8-weeks in duration, starting in early June.
This position is for a current vacancy.
#LI-DNI
Our Team & Commitment:
Onex is led by the firm’s CEO, Bobby Le Blanc, as well as experienced leaders at each of our businesses. We have approximately 120 investment professionals across all platforms, supported by approximately 165 professionals dedicated to our corporate functions and investment platforms. Consistent with our One Onex approach, the teams share and leverage sector expertise, and sourcing and origination of opportunities across all business lines. Our culture is guided by our strong commitment to accountability, intellectual honesty and respect for all our partners and stakeholders. Onex was formed on principles of entrepreneurialism and responsible investing and our team is united in recognizing the value of collaboration, diversity of perspective and background, and an inclusive environment. Our team is a critical factor in our success, and attracting and retaining the best people and strongest investors are an important competitive advantage. Also crucial to our long-term success is the alignment of interests between the Onex management team, the Onex Board of Directors, shareholders and our limited partners. Members of our management team and Board of Directors have a significant long-term ownership in Onex shares and invest meaningfully in our funds. We believe this alignment creates stronger relationships with both our limited partners and shareholders.
Diversity Equity & Inclusion:
Onex recognizes that a diverse team and inclusive environment are vital in contributing to our continued success as an investor and asset manager. We believe that diverse perspectives create better outcomes for us and our stakeholders, including the companies we invest in, our shareholders, investors and clients, as well as the communities we serve. Onex’ commitment to diversity and inclusion includes increasing our focus on attracting and retaining employees from diverse backgrounds, creating additional awareness of diversity issues and benefits, fostering and inspiring a more supportive environment where inclusivity is expected and prioritized, and embedding accountability for diversity throughout the firm. Onex’ Diversity & Inclusion Leadership Council, which is co-chaired by our CEO and our Head of Shareholder Relations and Communications, includes representation from across all business platforms and geographies. The Council is responsible for championing diversity and inclusion across the firm, including supporting the development and success of Onex’ employee resource groups.
Onex is an equal opportunity employer. We are committed to providing equal employment opportunities regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, veteran status, or any other characteristic protected by applicable law. Onex is committed to fostering an inclusive and accessible workplace. If you require accommodations at any stage of the recruitment process, please contact tmanagement@onex.com.
Applicants must be legally entitled to work in the country where the role is based, or eligible for any necessary work authorization or permit.