Private Capital Fund Finance - Assistant Vice President / Vice President

Summary

Join iCapital's Fund Finance Private Capital team as an Assistant or Vice President to focus on Private Capital Fund Accounting and Administration duties.

Requirements

• Bachelor’s degree in accounting or finance
• 5-15 years of financial services or asset management accounting and operations experience
• Alternative investments fund administration and operations is a plus
• Advanced degree and/or credentials, or progress towards MBA, CPA, CFA, or CAIA designation is a plus
• Passion for the application of innovative technology
• Proven ability to multi-task and work both independently and as a team player in a fast-paced, demanding environment
• Strong verbal, written, and interpersonal communication skills
• Willingness to learn new topics and work in an evolving business environment
• Organized and detail oriented with big picture capability

Responsibilities

• Work with iCapital’s implementation teams with regards to new business and fund launches
• Review feeder fund draft documents (LPA/PPM) as well as underlying fund operational questionnaires prior to fund launch. Provide feedback to internal legal or fund origination teams if there is anything that should be considered from a fund finance perspective
• Determine commitment sizes to underlying funds and conduct analysis on feeder fund expenses
• Oversee quarterly feeder fund NAV and partners’ capital account statement issuance by the team and track KPIs
• Review and sign-off on capital call and distribution cash analysis, investor allocation files and notices prepared by third party admins and Associate or AVP members of the Fund Finance team
• Participate in management-level meetings internally and externally
• Attend prospective clients’ on-site due diligence
• Approve and release quarterly management fee payment wires
• Facilitate and work with iCapital Technology and Product teams to drive process automation and efficiency
• Monitor fund’s compliance with the partnership operating agreement terms
• Oversee the funds’ progress on preparation of annual fund financial statements in accordance with US GAAP

Benefits

• Base salary range: $100,000 to $180,000
• Comprehensive benefits package including employer matched retirement plan
• Generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling
• Parental leave
• Unlimited paid time off (PTO)