Senior Associate - Private Equity Fund Accounting (Fund Administration)
About The Position
The Senior Associate will work 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 collaborates with managers, team members, and support functions to meet client expectations and deliverables on time. The position applies knowledge of limited partnership agreements to financial reporting, allocations, and compliance, and prepares and reviews key fund accounting tasks. It also involves managing audits and year-end processes, assisting with onboarding new team members, and suggesting operational improvements. The role offers a hybrid work schedule. Salary is $72,000–$100,000, dependent on experience and location.
Requirements
- Bachelor’s degree in Accounting or Finance with a GPA of at least 3.0.
- More than 3 years of experience in private equity or a related industry.
- Strong accounting knowledge.
- Advanced proficiency in QuickBooks, Microsoft Outlook, Excel, and Word.
- Strong client service skills and effective, professional communication.
- Ability to collaborate in team environments and provide and accept constructive feedback.
- Ability to manage multiple priorities and deadlines accurately and with attention to detail.
- Flexibility to work overtime when needed and ability to 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 managers, team members, 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.
- Additional ancillary insurance plans.
- Paid parental leave.
- Hybrid work schedule.
- Learning and development programmes and systems, including PowerU and MyCampus.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
