Private Capital Fund Finance - Assistant Vice President

iCapital is seeking an Assistant Vice President to join its Fund Finance Private Equity team. This role focuses on Private Capital Fund Accounting and Administration duties, working closely with team members, vendors, management, and clients to manage accounting and reporting processes. The position reports to the Vice President, Fund Finance Private Equity.

Requirements

• Work with third-party administrators to ensure timely quarterly valuations and accurate general ledger entries.
• Review fund expenses and accruals against budgets.
• Review investor allocations to confirm calculations in accordance with partnership operating agreements.
• Approve investor capital account statements quarterly.
• Review and approve management fee and trailer calculations.
• Oversee preparation and coordination of investor capital calls and distributions.
• Reconcile accounting data between iCapital and third-party administrator.
• Liaise with underlying fund managers when required.
• Monitor fund’s compliance with partnership operating agreement terms.
• Review preparation of annual fund financial statements in accordance with US GAAP.

Benefits

• Salary
• Equity
• Annual performance bonus
• Employer matched retirement plan
• Subsidized healthcare
• Dental
• Vision
• Telemedicine
• Virtual mental health counseling
• Parental leave
• Unlimited paid time off (PTO)