Fund Finance - Analyst / Associate

Company: ICONIQ Capital
Location: Greenwich
Posted on: November 26, 2022

Job Description:

iCapital is powering the world's alternative investment marketplace. Our financial technology platform has transformed how advisors, wealth management firms, asset managers, and banks evaluate and recommend bespoke public and private market strategies for their high-net-worth clients. iCapital services approximately $139 billion in global client assets invested in 1,116 funds, as of August 2022. iCapital has been named to the Forbes Fintech 50 for five consecutive years (2018 - 2022); a back-to-back selection by Forbes to its list of Best Startup Employers; and a two-time winner of MMI/Barron's Solutions Provider award (See link below). About the Role iCapital is looking for an Analyst or Associate to join the Fund Finance team to focus on both Private Capital and Hedge Fund Accounting and Administration duties. This role will report to one of our Assistant Vice President and will work closely with other team members, vendors, and clients on a variety of matters. This is a great opportunity to get exposure to open-ended and close-ended funds. Responsibilities

• Review third-party administrator prepared financial statements and supporting schedules for accuracy and completeness on annual basis.
• Check third-party administrator prepared Partner Allocations, Balance Sheet, Statement of Operations, and supporting schedules for accuracy and completeness on a monthly or quarterly basis.
• Assess third-party administrator prepared management fee schedules for accuracy and completeness monthly and work across teams for fee payment and tracking.
• Perform analysis to calculate subscription and redemption amounts for hedge funds.
• Using technology, 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 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.
• Facilitate ad-hoc requests from various teams within the organization including fund data requests, investor requests, and client requests.
• Review of limited partnership agreements, PPMs, and side letters account for various arrangements. Qualifications
• Bachelor's degree in accounting or finance
• 1-5 years of experience in accounting or finance
• Strong organizational skills
• Strong verbal, written, and interpersonal communication skills
• Able to escalate and communicate effectively
• High level of integrity
• Passion for the application of innovative technology
• Strong project management skills
• Demonstrated ability to handle high volume under time constraints and pressure
• Demonstrated ability in being creative around process improvement Benefits The base salary range for this role is $86,000 to $105,000. Salary is just one part of our total compensation package which may include bonuses, benefits, and other perks. iCapital offers a comprehensive benefits package that includes a competitive total compensation program consisting of salary, equity for all full-time employees, annual performance bonus, and an employer matched retirement plan; generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling; unlimited paid time off (PTO) and parental leave. - We offer most employees the flexibility to work in the office three to four days and remotely for the remainder of the week. Every department has different needs, and some positions will be designated in-office jobs, based on their function. For additional information on iCapital, please visit Twitter: @icapitalnetwork - LinkedIn: - Awards Disclaimer: iCapital is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

Keywords: ICONIQ Capital, Greenwich , Fund Finance - Analyst / Associate, Accounting, Auditing , Greenwich, Connecticut