Senior Associate, Fund Administration
About The Position
The Senior Associate, Fund Administration works directly with leading private equity and hedge fund firms in the alternative asset industry, under the guidance of an experienced team. The role supports IQ-EQ client leads across multiple private equity funds in diverse industries and helps deliver fund administration services. It applies knowledge of limited partnership agreements to financial reporting, allocations, and compliance, and involves preparing and reviewing financial tasks such as journal entries, fee and interest calculations, investor notices, and waterfall models. The position also supports audits and year-end processes, helps onboard new team members, and identifies opportunities to improve operational efficiency. The role is permanent and hybrid.
Requirements
- Bachelor’s degree in Accounting or Finance with at least a 3.0 GPA.
- Over 3 years of experience in private equity or a related industry.
- Strong accounting knowledge.
- Advanced proficiency in QuickBooks, Microsoft Outlook, Excel, and Word.
- Ability to deliver exceptional client service and communicate professionally and effectively.
- Ability to collaborate in a team environment and give and receive constructive feedback.
- Ability to manage multiple priorities and deadlines accurately and with attention to detail.
- Flexibility to work overtime when needed and produce high-quality work under pressure.
Nice To Haves
- Proficiency in Investran.
Responsibilities
- Support IQ-EQ client leads across multiple private equity funds in diverse industries.
- Collaborate with the manager, team, and support functions to meet client expectations and deliverables on time.
- Apply understanding of limited partnership agreements to financial reporting, allocations, and compliance.
- Prepare and review journal entries, fee and interest calculations, investor notices, and waterfall models.
- Manage audits and year-end processes.
- Assist with onboarding new team members.
- Suggest improvements to operational efficiency.
Benefits
- Four weeks of paid time off, increasing over time.
- Sick time and paid holidays.
- 401(k) plan with company match, subject to eligibility.
- Medical, dental, and vision benefits.
- Mental health support and additional ancillary insurance plans.
- Paid parental leave.
- Hybrid work schedule.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
