What are the responsibilities and job description for the Senior Fund Accountant (Hybrid) position 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
Support IQEQ client leads on multiple Private Equity funds within various industries
Work closely with manager, team and support functions to manage client expectations and ensure adherence to timelines on client deliverables in accordance to the requirements defined by the limited partnership agreement
Maintain a working understanding of limited partnership agreements and apply terms to financial reporting and income and expense allocations.
Prepare and/or review journal entries, management fee calculations, interest calculations, loan covenant monitoring, investor allocations, capital account statements, capital call and distribution calculations, sources/uses of cash, investor notices, borrower interest statements, carried interest calculations and maintenance of waterfall models
Coordinate the delivery of interest statements, capital call notices and distributions notices to clients, borrowers, and investors
Prepare and/or review financial statements, notes disclosures, and supporting schedules
Manage year-end process and handle requests from external auditors and tax teams
Assist in the onboarding, development and training of new team members as required
Assess operational effectiveness and make suggestions for process development
Ensure ad hoc requests from clients and investors are addressed in a timely manner
Qualifications
Bachelor's degree in Accounting/Finance with 3.0 GPA
3 years of experience in Private Equity or related industry
Strong knowledge of accounting
Ability to provide exceptional client service
Ability to collaborate with others in a team environment, provide and accept constructive feedback
Ability to produce high quantity of work product with accuracy and extreme attention to detail
Ability to manage multiple demands and competing deadlines
Effective and professional communication
Ability to work overtime as needed to meet deadlines
Advanced knowledge of QuickBooks, Microsoft Outlook, Excel, Word and Investran preferred
Additional Information
All your information will be kept confidential according to EEO guidelines.
Salary: $80,000 - $100,000
- Competitive Base Salary & Bonus
- 5 "Free" Summer Days
- Team Bonding Events
- Generous PTO
- Generous Sick Days
- Paid Parental Leave
- Retirement Plan 401(k) Match
- Mentorship & Training
- Bonus for Employee Referrals
- Succession Bonus Program (e.g. CPA, CFA, etc.)
- Career Advancement Opportunities
#LI-REMOTE
Salary : $80,000 - $100,000
