Fund Accountant

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 using iCapital technology platform and work across teams for fee payment and tracking. Provide cash based operational control over the third-party administrator and transfer agent which includes review and approval of all cash movements. Review investor allocations using iCapital technology platform and provide platform driven reporting to clients and their investors. Review third-party administrator prepared payment packs for expense invoices. 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. Review investor notices rendered by the iCapital technology platform for all capital events and liaise with investor relations for exceptions on 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. Assist with audit inquiries and provide support for year-end audited financial statements for each feeder fund. Provide support for SOC-1 annual audit.

Qualifications

Bachelor’s degree in Accounting 2+ years in an accounting/audit role, fund admin experience a plus Strong organizational skills Strong verbal, written, and interpersonal communication skills Fluency in English required—verbal and written 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

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; and generous paid time off (PTO).

We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office three days, with the flexibility to work remotely two days. Every department has different needs, and some positions will be designated in-office jobs, based on their function. 

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