Fund Accountant Associate - Private Capital at iCapital

Lisbon, , Portugal -

Full Time

Start Date

Immediate

Expiry Date

05 Feb, 26

Salary

0.0

Posted On

07 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Fund Accounting, Financial Statements, Audit Support, Investor Reporting, Cash Management, Vendor Management, Project Management, Communication, Process Improvement, Organizational Skills, Interpersonal Skills, Integrity, Technology Application, Time Management, Creativity

Industry

technology;Information and Internet

Description

About the Role iCapital is looking for an Associate to join the Fund Finance team to focus on Private Capital Fund Accounting and Administration duties. This position will report to a Vice President and work closely with other team members, vendors, and clients on a variety of matters. Responsibilities · Review third-party administrator prepared trial balances, financial statements, and supporting schedules for accuracy and completeness on a quarterly basis. · Review third-party administrator prepared management fee schedules for accuracy and completeness and work across teams for fee payment and tracking. · Assist with audit inquiries and provide support for year-end audited financial statements for each feeder fund. · Provide support for SOC-1 annual audit. · Review investor allocations and provide reporting to clients and their investors. · Provide cash based operational control over the third-party administrator and transfer agent which includes review and approval of all cash movements. · Calculate feeder fund capital events based on cash activity, cash balances, and cash reserve guidelines, and follow the procedure to communicate decisions with clients and their investors. · Prepare notices for capital events to be sent to investors and custodians and track subsequent funding activity. · Provide vendor management of third-party fund administrators including tracking deliverables and escalating inconsistencies. · Facilitate ad-hoc requests from various teams within the organization including fund data requests, investor requests, and client requests. · Report Key Performance Indicators (KPIs) on a weekly basis. · Review of limited partnership agreements, PPMs, and side letter accounts for various arrangements. Qualifications · Bachelor’s degree in Accounting · 2+ years in a similar role, mix of public/private accounting in alternatives, fund admin and/or fund audits experience a plus · Strong organizational skills · Strong verbal, written, and interpersonal communication skills · Able to escalate and communicate effectively within a team setting · High level of integrity · Passion for the application of innovative technology · Strong project management skills · Demonstrated ability to handle high volumes of work under time constraints and pressure · Able to use creativity around process improvement · Able to work independently and autonomously We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office 3 days a week with the flexibility to work remotely 2 days. Benefits iCapital offers a comprehensive benefits package that includes a total compensation program consisting of competitive salary, annual performance bonus, and equity for all full-time employees; healthcare with 100% employer-paid health and dental insurance. For additional information on iCapital Network, please visit https://www.icapitalnetwork.com/about-us Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc

Responsibilities

The Associate will review financial statements and schedules prepared by third-party administrators for accuracy and completeness. They will also assist with audit inquiries and provide support for year-end audited financial statements.