Fund Accountant Associate - Private Capital

<p><strong>About the Role</strong></p> <p>iCapital is looking for an Associate 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. </p> <p> </p> <p><strong>Responsibilities</strong></p> <ul> <li>· Review third-party administrator prepared trial balances, financial statements, and supporting schedules for accuracy and completeness on a quarterly basis.  </li> <li>· Review third-party administrator prepared management fee schedules for accuracy and completeness and work across teams for fee payment and tracking. </li> <li>· Assist with audit inquiries and provide support for year-end audited financial statements for each feeder fund. </li> <li>· Provide support for SOC-1 annual audit. </li> <li>· Review investor allocations and provide reporting to clients and their investors. </li> <li>· Provide cash based operational control over the third-party administrator and transfer agent which includes review and approval of all cash movements. </li> <li>· 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. </li> <li>· Prepare notices for capital events to be sent to investors and custodians and track subsequent funding activity. </li> <li>· Provide vendor management of third-party fund administrators including tracking deliverables and escalating inconsistencies. </li> <li>· Facilitate ad-hoc requests from various teams within the organization including fund data requests, investor requests, and client requests. </li> <li>· Report Key Performance Indicators (KPIs) on a weekly basis. </li> <li>· Review of limited partnership agreements, PPMs, and side letter accounts for various arrangements. </li> </ul> <p> </p> <p><strong>Qualifications</strong></p> <ul> <li>· Bachelor’s degree in Accounting </li> <li>· 2+ years in a similar role, mix of public/private accounting in alternatives, fund admin and/or fund audits experience a plus </li> <li>· Strong organizational skills </li> <li>· Strong verbal, written, and interpersonal communication skills </li> <li>· Able to escalate and communicate effectively within a team setting </li> <li>· High level of integrity </li> <li>· Passion for the application of innovative technology </li> <li>· Strong project management skills </li> <li>· Demonstrated ability to handle high volumes of work under time constraints and pressure </li> <li>· Able to use creativity around process improvement </li> <li>· Able to work independently and autonomously </li> </ul> <p> </p> <p> </p> <p><span>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.</span></p> <p> </p> <p><strong>Benefits</strong></p> <p>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.</p> <p>For additional information on iCapital Network, please visit <a href="https://www.icapitalnetwork.com/about-us">https://www.icapitalnetwork.com/about-us</a>  Twitter: @icapitalnetwork | LinkedIn: <a href="https://www.linkedin.com/company/icapital-network-inc">https://www.linkedin.com/company/icapital-network-inc</a></p> <p> </p> <p> </p> <p> </p> <p> </p>