Private Capital Fund Finance - Associate
iCapital is looking for a candidate to join their Fund Finance team as an Associate. This role involves servicing hedge and private equity funds, focusing on fund accounting and financial reporting to investors, while collaborating with various internal teams to support ongoing fund operations.
Responsibilities
- 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
Skills
- Bachelor's degree in Accounting, Finance or Economics
- Interest in learning fund accounting, fund administration, or finance operations for alternative investment funds including fund-of-funds and feeder funds
- 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
- Comprehensive benefits package
- 100% of the premium for all Group Benefits for you and your dependents
- Medical
- Dental
- Vision
- Prescription
- Life insurance
- Long-term disability
- Variety of Retirement Plans which have a company match
- Unlimited Paid Time Off (PTO)
Company Overview