Senior Associate - Private Equity Fund Accounting

IQ-EQ • Frisco, TX

4d • Hybrid

About The Position

This role involves working directly with leading private equity and hedge fund firms in the alternative asset industry under the guidance of experienced industry veterans. The position supports IQEQ client leads on VC funds in diverse industries, collaborates with the team to meet client expectations, and applies understanding of limited partnership agreements to financial reporting, allocations, and compliance. Key tasks include preparing and reviewing financial entries, calculations, investor notices, and waterfall models, as well as managing audits, year-end processes, and onboarding new team members.

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.
• Excellent client service skills.
• Effective, professional communication in all interactions.
• Ability to collaborate well in team environments.
• Ability to provide and accept constructive feedback.
• Ability to manage multiple priorities and deadlines with accuracy and attention to detail.
• Flexibility to work overtime when needed.
• Ability to consistently produce high-quality work under pressure.

Nice To Haves

• Proficiency in Investran.

Responsibilities

• Support IQEQ client leads on VC funds in diverse industries.
• Collaborate with 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 key financial tasks, including 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 for operational efficiency.

Benefits

• Generous paid time off (4 weeks of PTO that increases over time).
• Sick time.
• Paid holidays.
• 401(k) plan with a company match (subject to eligibility).
• Medical insurance.
• Dental insurance.
• Vision insurance.
• Mental health support.
• Additional ancillary insurance plans.
• Paid parental leave.
• Hybrid work schedule.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior