Description
iCapital is looking for a Vice President to join its Hedge Fund Finance team to focus on Hedge Fund Accounting and Administration duties.
Responsibilities:
- Lead and manage a portfolio of private equity and hedge fund feeder funds.
- Work with the 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.
- Review monthly and/or 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 Assistant Vice President members of the Fund Finance team.
- Participate in management-level meetings internally and externally.
- Facilitate and work with the 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.
- Help prepare and oversee other periodic and ad hoc reporting in collaboration with compliance, legal and other internal and external stakeholders.
Qualifications:
- Bachelor’s degree in accounting or finance
- 10-15 years of fund management accounting and operations experience with a focus on alternatives
- Advanced degree and 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
Benefits: The base salary range for this role is $140,000 to $175,000. iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).