Private Capital Fund Finance - Associate

The role

This Associate will focus on Private Capital Fund Accounting and Administration duties. The individual will work with team members, vendors, senior management, and clients on accounting and reporting processes.

What you will do

• Work with implementation teams regarding new business and fund launches.
• Review feeder fund draft documents and underlying fund operational questionnaires.
• Provide feedback to internal legal or fund origination teams.
• Determine commitment sizes to underlying funds and conduct analysis on feeder fund expenses.
• Oversee quarterly feeder fund NAV and partners' capital account statement issuance and track KPIs.
• Review and sign-off on capital call and distribution cash analysis, investor allocation files and notices.
• Participate in management-level meetings internally and externally.
• Attend prospective clients' on-site due diligence.
• Approve and release quarterly management fee payment wires.
• Facilitate and work with Technology and Product teams to drive process automation and efficiency.

Required qualifications

• Bachelor's degree in accounting or finance
• 3 to 6 years of financial services or asset management accounting and operations experience
• 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

Nice to have

• 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

Benefits

• salary
• equity for all full-time employees
• annual performance bonus
• employer matched retirement plan
• generously subsidized healthcare
• 100% employer paid dental, vision, telemedicine, and virtual mental health counseling
• parental leave
• unlimited paid time off (PTO)

About the company

iCapital is looking for an Associate to join its Fund Finance Private Capital team. iCapital is an Equal Employment Opportunity and Affirmative Action employer.