Senior Associate - Private Equity and Hedge Fund Accounting

Summary

Join IQ-EQ, a leading service provider to the alternative asset industry, as an integral member of our team. You will liaise with clients and external parties, delivering outsourced CFO and related services to hedge funds and private equity funds. Responsibilities include financial modeling, analysis, statement preparation, and process improvement. You will collaborate with team members and clients, providing daily operational support and participating in various projects. The ideal candidate possesses a Bachelor's degree in Accounting (CPA preferred), 4+ years of relevant experience, and strong accounting and analytical skills. A competitive salary and full benefits package are offered.

Requirements

• Bachelor's Degree in Accounting, CPA preferred
• 4+ years of experience in alternative investment management industry (hedge fund, private equity, venture capital, real estate)
• Excellent organizational, interpersonal and communication skills
• Attention to detail and ability to multi-task
• Passionate about working in a dynamic, entrepreneurial environment
• Hard-working, self-starter, dedicated, punctual and personable
• Strong accounting and analytical skills
• Ability to define problems, collect data, establish facts and draw valid conclusions to solve problems — quickly and competently

Responsibilities

• Liaise with the clients’ external auditors, administrator, HR/payroll, and other service providers
• Work with clients to deliver outsourced CFO and related services to Hedge Funds and Private Equity Funds
• Collaborate with team members & clients and provide daily operational support
• Assist with creation of financial models, budget to actuals, provide ad-hoc financial analysis and participate in ad-hoc projects
• Review NAVs, allocations, investor statements and reconciliations
• Review and/or prepare expense & accrual schedules, management fee calculations and incentive allocations
• Fund and management company financial statement preparation
• Maintain accounting practices for assigned clients
• Research accounting principles and advise team(s) and/or clients, as needed
• Assist in evaluating current financial and accounting process for new clients, propose improvements and help coordinate implementation efforts
• Assist in the opening of clients’ brokerage and bank accounts
• Arrange, coordinate, and participate in weekly, monthly or as needed conference calls

Preferred Qualifications

• Public accounting experience a plus
• Well versed in Microsoft Office Suite; familiarity with QuickBooks, OpenAir, Bill.com, Expensify are a plus

Benefits

Salary based on experience and location ($80,000-$100,000) and full benefits package offered