Private Capital Fund Accounting - Analyst / Associate

or servicing hedge and private equity fund of fund and access fund vehicles (the "funds") in conjunction with third-party administrators. The ideal candidate will learn and work on a team that covers all fund accounting and financial reporting to investors, including capital activity, partner capital statements, annual audited financials, and tax deliverables.
Responsibilities

• Be part of a team that serves iCapital's clients as the accounting and operational experts
• Build and maintain relationships with clients, both distributors and underlying fund managers, fund administrators, and other service providers
• Work closely with other iCapital internal teams such as Fund Origination, Investor Relations, Legal, Regulatory and Compliance, Technology, Sales, and Marketing to support ongoing fund operations
• Provide review and control function for NAV packages, capital events, and management fee calculations provided by the fund administrator
• Monitor cash positions and liquidity of investments, review cash reconciliations, and manage cash reserves
• Run accounts payable and expense allocation processes
• Maintain investor and investment data in the iCapital platform using proprietary technology tools
• Define, update, and maintain operating policies and procedures
• Liaise with funds' custodians and funds' banks, as well as other counterparties as needed
• Fulfill ad-hoc requests

Qualifications

• Bachelor's degree in Accounting
• 0 to 3 years of Financial Service Public Accounting experience (also open to recent graduates with relevant internship experience)
• Interest in learning fund accounting, fund administration, or finance operations for alternative investment funds including fund-of-funds and feeder funds
• Proficient accounting skills
• Advanced Excel skills
• Willingness to work within a close team structure on all tasks
• Excellent organizational skills and attention to detail
• Able 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
• Passion for the application of innovative technology
• Eager to learn new topics and work in an evolving business environment

Benefits

The base salary range for this role is $65,000 to $110,000. 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.