Fund Finance - Associate

iCapital; Lisboa; Híbrido; EUR 40.000 - 60.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Competitive salary

Annual performance bonus

Equity for all fulltime employees

Healthcare with 100% employer-paid健康？

Descripción de la vacante

iCapital is hiring an Associate to join the EMEA Fund Finance team, handling fund accounting and investor reporting for hedge and private equity vehicles in collaboration with third-party administrators.

The role covers capital activity, partner capital statements, audited financials, and tax deliverables, with four days in the office and one remote day per week. A degree in accounting/finance and 1–4 years of fund finance experience are expected.

Formación

• Bachelor’s degree in accounting, finance, or related field.
• 1–4 years of fund accounting, fund administration, or finance operations experience; alternative investments preferred.
• Big4 audit experience is a plus.
• Advanced accounting skills within an audit framework.
• Advanced Excel skills required.
• Strong organizational skills and attention to detail; ability to work in a team.
• Excellent verbal and written communication abilities.
• Willingness to learn in a evolving business environment.

Responsabilidades

• Partner with third-party administrators for monthly valuations, GL entries, and investment valuations.
• Build relationships with fund managers and distributors.
• Execute fund operations: capital calls, distributions, and fund commitments.
• Review expenses and accruals against budgets; propose adjustments.
• Review investor allocations per partnership agreements.
• Review currency hedged share classes and reporting impacts.
• Support new fund structuring and feeder fund onboarding with Legal and Origination teams.
• Monitor compliance with partnership agreements; escalate issues.
• Handle ad hoc accounting, auditing, and reporting requests as needed.
• Contribute to process improvements and policies.

Conocimientos

Analytical skills

Communication skills

Team player

Attention to detail

Multi-tasking

Advanced Excel

Educación

Bachelor's degree in accounting/finance

Herramientas

Advanced Excel

Descripción del empleo

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

• competitive salary, annual performance bonus, and equity for all fulltime 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