Senior Manager - Fund Accounting (Private Credit)

IQ-EQ•Chicago, TX

3d•$100,000 - $135,000•Hybrid

About The Position

The Senior Manager - Fund Accounting will work directly with leading private equity and hedge fund firms in the alternative asset industry, supporting client leads across multiple funds. The role oversees fund accounting deliverables to ensure they align with limited partnership agreements and client expectations. It manages complex financial components and reviews the preparation and delivery of financial statements, disclosures, supporting schedules, and investor notices. The position also coordinates with auditors and tax teams during year-end processes, improves operational processes, handles client requests, and trains and mentors junior team members. The role requires at least eight years of progressive experience in private equity, public accounting, or a combination of alternative asset investment and public accounting roles, including experience with Private Credit clients. A bachelor's degree in Accounting and proficiency with relevant accounting systems and office software are required. The salary range is $100,000–$135,000, dependent on experience and location. IQ-EQ offers a hybrid work schedule.

Requirements

At least 8 years of progressive experience in private equity, public accounting, or a combination of alternative asset investment and public accounting roles.
Experience with Private Credit clients required.
Strong analytical and technical skills, with proficiency in accounting and administration for alternative investment funds.
Bachelor's degree in Accounting.
Demonstrated success leading and developing high-performing teams.
Ability to deliver high-quality, detail-oriented work and manage multiple priorities under tight deadlines.
Exceptional client service skills.
Proficiency in QuickBooks, Microsoft Outlook, Excel, Word, and Investran.
Effective communication skills in professional, collaborative environments.

Responsibilities

Support IQ-EQ client leads across multiple Private Equity funds and ensure deliverables align with limited partnership agreements and client expectations.
Manage and review journal entries, investor allocations, capital calls and distributions, fee and carried interest calculations, and waterfall models.
Oversee preparation and delivery of financial statements, disclosures, supporting schedules, and investor notices.
Coordinate with auditors and tax teams during year-end processes.
Assess and enhance operational processes.
Handle routine and ad-hoc client requests and prioritize tasks to meet tight deadlines.
Train and mentor junior team members while maintaining high standards of accuracy and timeliness.