Fund Accountant, Private Capital - Assistant Vice President / Vice President

About the Role

iCapital is looking for an Assistant Vice President / Vice President to join the 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 on a variety of matters.

Responsibilities

• · Review third-party administrator prepared trial balances, financial statements, and supporting schedules for accuracy and completeness on a quarterly basis.

• · Review third-party administrator prepared management fee schedules for accuracy and completeness and work across teams for fee payment and tracking.

• · Assist with audit inquiries and provide support for year-end audited financial statements for each feeder fund.

• · Provide support for SOC-1 annual audit.

• · Review investor allocations and provide reporting to clients and their investors.

• · Provide cash based operational control over the third-party administrator and transfer agent which includes review and approval of all cash movements.

• · Calculate feeder fund capital events based on cash activity, cash balances, and cash reserve guidelines, and follow the procedure to communicate decisions with clients and their investors.

• · Prepare notices for capital events to be sent to investors and custodians and track subsequent funding activity.

• · Provide vendor management of third-party fund administrators including tracking deliverables and escalating inconsistencies.

• · Facilitate ad-hoc requests from various teams within the organization including fund data requests, investor requests, and client requests.

• · Report Key Performance Indicators (KPIs) on a weekly basis.

• · Review of limited partnership agreements, PPMs, and side letter accounts for various arrangements.

Qualifications

• · Bachelor’s degree in Accounting

• · 6+ years in a similar role, mix of public/private accounting in alternatives, fund admin and/or fund audits experience a plus

• · Strong organizational skills

• · Strong verbal, written, and interpersonal communication skills

• · Able to escalate and communicate effectively within a team setting

• · High level of integrity

• · Passion for the application of innovative technology

• · Strong project management skills

• · Demonstrated ability to handle high volumes of work under time constraints and pressure

• · Able to use creativity around process improvement

• · Able to work independently and autonomously

We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office 3 days a week with the flexibility to work remotely 2 days.

Benefits

iCapital offers a comprehensive benefits package that includes a total compensation program consisting of competitive salary, annual performance bonus, and equity for all full-time employees; healthcare with 100% employer-paid health and dental insurance.

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