Private Equity Fund Accountant - Analyst / Associate
iCapital Network is powering the world’s alternative investment marketplace. Our financial technology platform has transformed how advisors, wealth management firms, asset managers, and banks evaluate and recommend bespoke public and private market strategies for their high-net-worth clients. iCapital services approximately $90 billion in global client assets invested in over 750 funds across more than 125,000 underlying accounts.
iCapital was named Solutions Provider of the Year at the 2020 MMI/Barron’s Industry Awards and selected to the 2018, 2019, 2020 and 2021 Forbes FinTech 50, a list of the top 50 innovative financial technology companies that are transforming finance through technology.
About the Role
iCapital is looking for an Analyst or Associate to join our Fund Finance team to focus on Private Capital Fund Accounting and Administration duties. This position will report to a Vice President and work closely with other team members, vendors, and clients.
Responsibilities
- Provide operational control over third-party administrators and transfer agents in regard to the review and approval of journal entries, valuations, performance calculations, and quarterly financial statements for Private Equity feeder funds.
- Follow and adhere to procedures for all processes performed within the Fund Finance Team, including communications with internal teams and vendors.
- Facilitate ad-hoc requests from various teams within the organization including fund data requests, investor requests, and client requests.
- Provide the operational control over the third-party administrator which includes review and approval of all cash related entries, bank reconciliations, allocations of cash between funds, and reconciling cash projections.
Qualifications
- Bachelor’s degree in accounting
- Strong organizational skills and solid attention to detail
- Strong verbal, written, and interpersonal communication skills
- Ability to escalate and communicate effectively
- Passion for the application of innovative technology
- High level of integrity
Benefits
iCapital offers a comprehensive benefits package that includes a competitive total compensation program consisting of salary, equity for all full-time employees, annual performance bonus, and an employer matched retirement plan; generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling; and generous paid time off (PTO) featuring unlimited sick time and parental leave.
As we re-enter our offices in 2021, iCapital offers most employees the flexibility to work in the office one to two days and remotely for the remainder of the week. Every department has different needs, and some positions will be designated in-office jobs, based on their function.
For additional information on iCapital Network, please visit https://www.icapitalnetwork.com/about-us Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc
iCapital Network is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.