Remote Senior Associate, Private Equity and Hedge Fund Accounting Job at IQ-EQ

Company Description

IQEQ is a preeminent service provider to the alternative asset industry. IQEQ works with managers in multiple capacities ranging from hedge fund, private equity fund, and mutual fund launches; private equity fund administration; advisory firm set-up, regulatory registration and infrastructure design; ongoing regulatory compliance (SEC, CFTC, and 40 Act); financial controls and operational support services; compliance and operational related projects and reviews; and outsourced CFO/controller and administration services to private equity fund investments – portfolio companies, real estate assets and energy assets. Our client base is growing, and our existing clients are engaging the firm across the spectrum of our services offerings.

Job Description

Responsibilities:

• Review the books and records prepared by the fund administrator
• Review month-end NAV from fund administrator which includes cash and interest reconciliations, expense accruals, holdings, etc.
• Prepare monthly P&L analytics
• Maintain fund expense budgets and allocations, track expenses and coordinate updates with fund administrator
• Analyze fund performance and assist with business modeling
• Calculate and analyze investor IRRs and fund returns
• Shadow management and incentive fees to fund administrator’s records
• Assist in the setup and launch of new funds and financial products
• Liaise with operations team on fund transactions and activities
• Assist in preparing and analyzing pricing and valuation materials
• Coordinate and manage the audit process with internal and external auditors
• Review annual audited and quarterly unaudited GAAP and IFRS financial statements
• Manage the financial statement review process with fund administrators
• Assist in regulatory reporting, such as Form PF and Form ADV
• Evaluate current financial and accounting processes, propose improvements and help coordinate implementation efforts
• Generate and distribute ad hoc reporting to relevant parties such as senior management, deal teams, and investors

Qualifications

• Bachelor’s degree in Business, Accounting, Finance, or a related discipline
• 2+ years working in public and/or private accounting experience (direct-lending a plus)
• CPA preferred
• Multi-tasker who can work with tight deadlines
• Advanced proficiency with Microsoft Excel. VBA/Macro knowledge a plus.
• Can work efficiently and independently
• Strong analytical skills
• Ability to think outside the box and leverage technology
• Attention to details and highly organized
• Collegial and very team-oriented
• Go-getter, passionate and high positive energy but respectful at the same time
• Fully vaccinated and boosted unless have valid exemption

Additional Information

Salary based on experience and US location ($65,000-$92,100) and full benefit package offered.

All your information will be kept confidential according to EEO guidelines.