Hedge Fund Finance - Assistant Vice President / Vice President

in conjunction with third-party administrators, managing all fund accounting and financial reporting to investors, including capital activity, partner capital statements, annual audited financials, and tax deliverables.

Responsibilities

• Provide oversight of fund administrators and other service providers, such as auditors, tax service providers, and custodians.
• Monitor cash positions, reconciliations, and manage cash reserves.
• Run expense allocation process.
• Participate in new fund structuring, set up, and onboarding.
• Work closely with Investor Relations, Product, Legal and Compliance, Technology, and Sales and Marketing teams to support fund operations.
• Design and implement processes and procedures for servicing the funds. Work in close partnership with the management team to enhance and automate key processes, and to develop and enhance product, management, and other reporting, targeting both efficiency and scale.
• Define, update, and maintain operating policies and procedures.
• Build and maintain relationships with underlying fund managers.
• Liaise with funds' custodian and funds' bank, as well as other counterparties as needed.
• Work with counsel and CCO to ensure general compliance with fund docs, SEC, and FINRA.
• Assist with ad-hoc activities as required by the team and different parts of the organization.

Qualifications

• Bachelor's degree in Accounting, Finance, or another business-related field a plus
• 6+ years of fund accounting, fund administration, and fund operations experience, with a focus on alternative investment funds including fund-of-funds and feeder funds
• Passion for the application of innovative technology
• Intermediate Excel skills
• Excellent organizational skills and attention to detail
• 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
• High level of integrity
• Willingness to learn new topics and work in an evolving business environment
• Organized and detail-oriented with ability to see the big picture

Benefits

The base salary range for this role is $100,000 to $180,000.  iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).

We believe the best ideas and innovation happen when we are together. We offer most employees the flexibility to work in the office three or four days.  Every department has different needs, and some positions will be designated in-office jobs, based on their function. 

For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us  Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/

iCapital 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.