Fund Finance - Associate

Icapital, Llc; Lisboa; Híbrido; EUR 45 000 - 65 000; Tempo integral

Vantagens oferecidas por esta oferta de emprego

Health insurance

Equity participation

Annual bonus

Resumo da oferta

iCapital is seeking an Associate to join the EMEA Fund Finance team. The role manages fund accounting and financial reporting for hedge and private equity directs, fund of funds, and feeder funds, in coordination with third‑party administrators.

Responsibilities include monthly valuations, GP/limited partner reporting, and capital activity review. 4 days in the office per week with 1 remote day; strong Excel and accounting skills are essential for success.

Qualificações

• Bachelor’s degree in accounting, finance, economics, statistics, or related field.
• 1-4 years of fund accounting, fund administration, or finance operations experience.
• Experience with alternative investment funds including fund-of-funds and feeder funds preferred.
• Advanced Excel skills and audit framework experience encouraged.
• Strong teamwork and organizational skills.

Responsabilidades

• Partner with third-party administrators to ensure timely valuations and accurate GL entries.
• Build and maintain relationships with fund managers and distributors.
• Execute fund investment operations including capital calls and distributions.
• Review expenses, accruals, and variances against budgets and propose adjustments.
• Oversee investor allocations and currency hedging related calculations and reporting.

Conhecimentos

Fund accounting

Excel skills

Attention to detail

Team player

Communication skills

Audit experience

Financial reporting

Formação académica

Bachelor’s degree in accounting/finance

Ferramentas

Excel

Descrição da oferta de emprego

Fund Finance - Associate

Empresa : Icapital, Llc. Tipo de Emprego : Periodo Integral. Localização: Lisbon, Portugal.

Descrição do Emprego - Fund Finance - Associate

About the role

iCapital is looking to hire an Associate to join the EMEA Fund Finance team. This role is hands on with operational responsibility for servicing hedge and private equity directs, fund of fund and access fund vehicles (the “funds”) in conjunction with third-party administrators. This position will manage all fund accounting and financial reporting to investors, including capital activity, partner capital statements, annual audited financials, and tax deliverables.

Responsibilities

• Partner with third-party administrators to ensure timely completion of monthly valuations, accurate general ledger entries, and investment valuations in accordance with fair value accounting principles.
• Build and maintain relationships with underlying fund managers and distributors.
• Execute fund investment operations, including capital calls, distributions and underlying fund commitments, in coordination with internal teams and third-party administrators.
• Review fund expenses and accruals against approved annual budgets, identify variances or outliers, and propose appropriate adjustments.
• Review investor allocations to ensure profits, losses, and fees are calculated in accordance with partnership operating agreements.
• Review and oversee currency hedged share classes, including related calculations and reporting impacts.
• Support new fund structuring and onboarding by critically reviewing feeder fund draft documentation (LPA/PPM) and underlying fund operational questionnaires and providing feedback to internal Legal and Fund Origination teams prior to launch.
• Monitor fund compliance with partnership operating agreement terms and escalation of issues where required.
• Handle ad hoc operational, accounting, auditing, and reporting requests as they arise.
• Stay up to date with relevant policies and procedures, while contributing practical feedback and suggestions to improve operational processes.

Experience:

• Bachelor’s degree in accounting, finance, economics, statistics, or another business-related field
• 1-4 years of fund accounting, fund administration, or finance operations experience. A focus on alternative investment funds including fund-of-funds and feeder funds is preferred
• Big experience is a plus
• Advanced accounting skills and experience within an audit framework is preferred
• Advanced Excel skills
• Demonstrated capacity and willingness to work within a close team structure on all tasks
• Excellent organizational skills and attention to detail with ability to see the big picture
• 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
• Eager to learn new topics and work in an evolving business environment
• Passion for the application of innovative technology

We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office 4 days a week with the flexibility to work remotely 1 day ( Friday).

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

Sobre a empresa

Icapital, Llc

iCapital offers qualified investors access to a curated menu of strategies across the private equity life cycle. Investors and their advisors can choose from diversified and niche private equity strategies, including venture capital, growth equity, middle-market buyout, and secondaries.