Private Capital Fund Finance - Associate

Job Description

• Work with third-party administrators to ensure all quarterly valuations are completed in a timely manner • Review fund expenses and accruals and compare them to annual budgets • Review investor allocations to confirm profits, losses, and fees are calculated in accordance with the partnership operating agreements • Review and approve quarterly management fee and platform calculations • Determine review of third-party administrator’s preparation and coordination of investor capital calls and distributions • Reconcile accounting data between iCapital and third-party administrators • Liaise with underlying fund managers when required • Facilitate and work with iCapital Technology and Product teams to improve end user’s experience • Work with iCapital’s implementation teams with regards to new business and fund launches • Provide support and oversight for both backbook and frontbook iCapital clients • Monitor fund’s compliance with the partnership operating agreement terms • Review of the preparation of annual fund financial statements in accordance with US GAAP • Oversee and coordinate the fund’s annual audit process including managing relationships with external auditors

Qualifications

• Bachelor’s degree in accounting or finance • 2-5 years of financial services or Asset Management accounting and operations experience • Alternative Investments Fund Administration and Operations is a plus • Advanced degree and/or credentials, or progress towards MBA, CPA, CFA, or CAIA Designation is a plus • Passion for the application of innovative technology • Proven ability to multi-task and work both independently and as a team player in a fast-paced, demanding environment • Strong verbal, written, and interpersonal communication skills • Willingness to learn new topics and work in an evolving business environment • Organized and detail oriented with big picture capability

Benefits

• The base salary range for this role is $80,000 to $115,000 • Equity for all full-time employees • Annual performance bonus • Employer matched retirement plan • Generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling • Parental leave • Unlimited paid time off (PTO) • 11 paid holidays • Generous Accrued Time Off increasing with years of service • Generous paid sick time