Director – Hedge Fund Accounting (Fund Administration)

IQ-EQ; New Jersey; Hybrid; USD 107,000 - 180,000; Full time

Benefits offered by this job

PTO 4 weeks

401(k) with match

Health benefits

Parental leave

Hybrid schedule

Job summary

IQ-EQ in the United States is seeking a senior hedge fund accounting leader to oversee fund accounting, financial reporting, investor activity, and key operational processes for a diverse hedge fund and private equity client portfolio.

You will lead client relationships, mentor junior team members, drive process improvements, and ensure accurate, timely delivery of all client and regulatory requirements, using Advent Geneva, Outlook, Excel and Word.

Qualifications

• 10+ years of progressive hedge fund accounting experience, ideally hedge fund administration or related assets.
• Strong analytical and technical accounting skills with fund administration.
• Experience leading teams and delivering high-quality client service.
• Ability to manage multiple priorities with strong attention to detail.
• Proficient in Advent Geneva, Outlook, Excel and Word.

Responsibilities

• Support a portfolio of hedge fund and private equity clients with accurate fund accounting and reporting.
• Review journal entries, management fees, capital calls, distributions, reconciliations and waterfall calculations.
• Manage client deliverables, investor communications, audits and tax requests with deadlines.
• Identify opportunities to improve processes and drive operational efficiency.
• Lead client onboardings, mentor junior team members, and drive high-quality service delivery.

Skills

Hedge fund accounting

Team leadership

Client service

Analytical skills

Financial reporting

Tools

Advent Geneva

Outlook

Excel

Word

Job description

We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide.We employ a global workforce of 6,500+ people across 24 jurisdictions and have assets under administration (AUA) exceeding US$857 billion. We work with 13 of the world’s top-15 private equity firms.

Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts.

Above all, what makes us different is our people.Operating as trusted partners to our clients,we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding.

We’re driven by our Group purpose, to power people and possibilities

This position will support a diverse portfolio of hedge fund clients by overseeing fund accounting, financial reporting, investor activity, and key operational processes. Lead client relationships, drive process improvements, mentor junior team members, and ensure accurate, timely delivery of all client and regulatory requirements.

What you’ll do

• You'llsupport a portfolio of hedge fund and private equity clients, ensuring accurate fund accounting, financial reporting, and investor allocations.
• Review key financial activities, including journal entries, management fees, capital calls and distributions, reconciliations, and waterfall calculations.
• Manage client deliverables, investor communications, audits, and tax-related requests while ensuring compliance with partnership agreements and deadlines.
• You'llidentify opportunities to improve processes, enhance operational efficiency, and respond to ongoing client and ad hoc requests.
• Lead client onboardings, mentor junior team members, and help drive high-quality service delivery across the team.

What we offer

• IQ-EQ offers a comprehensive benefits package designed to support employees' well-being and work-life balance.
• Employees receive generous paid time off, including 4 weeks ofPTO that increases over time, sick time and paid holidays, and financial wellness is supported through a 401(k) plan with a company match (subject to eligibility).
• Health benefits include medical, dental, vision, mental health support and additional ancillary insurance plans.
• Additional benefits include paid parental leave and a hybrid work schedule, promoting both personal and professional fulfillment.
• The salary for this position will be dependent on experience and location ($107,000 - $180,000).

• You have10 plus years of progressive hedge fund accounting experience, ideallyincluding hedge fund administration or public accounting experience with alternative assets focus.
• You demonstrate strong analytical and technical skills with deep proficiency in accounting and fund administration.
• You’ve led and developed teams effectively while delivering excellent client service and fostering collaboration.
• You manage multiple priorities with accuracy, have excellent attention to detail, and deliver professional communication under tight deadlines.
• You leverage advanced knowledge of Advent Geneva, Outlook, Excel and Word to drive efficiency and precision.

Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment.

There is always more we can, and should do, to improve – whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee.

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees’ careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 6,500+ employees - from 94 nationalities, across 24 countries - to each achieve their potential. Through IQ-EQ Launchpad we support women managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced.

We’re committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients’ sustainability and success lead to our sustainability and success. We’re emotionally invested in our clients right from the beginning.

#LI-HYBRID