Fund Administration Associate - Hybrid, Private Equity Focus

IQ-EQ; New York (NY); Hybrid; USD 72,000 - 100,000; Full time

Benefits offered by this job

4 weeks PTO that increases over time

Sick time and paid holidays

401(k) plan with company match

Hybrid work schedule

Job summary

IQ-EQ is a global investor services group delivering administration, compliance, governance, data and reporting for private markets. This role supports leading private equity and hedge fund clients under the direction of industry veterans.

You will handle financial reporting, journal entries, allocations, and investor notices, ensuring accuracy and timely delivery while upholding the highest client service standards in a collaborative, fast-paced environment.

Qualifications

• Bachelor’s degree in Accounting or Finance with a minimum 3.0 GPA.
• 3+ years of experience in Private Equity or related industry.
• Strong accounting knowledge and proficiency in listed software.

Responsibilities

• Support IQ-EQ client leads across multiple Private Equity funds.
• Collaborate with manager, team and support functions to meet client expectations.
• Apply understanding of limited partnership agreements to financial reporting, allocations and compliance.
• Prepare and review journal entries, fee and interest calculations, investor notices, and waterfall models.
• Manage audits, year-end processes, onboarding new team members, and suggest improvements.

Skills

Strong accounting knowledge

Client service

Team collaboration

Communication

Attention to detail

Education

Bachelor’s degree in Accounting or Finance; GPA 3.0

Tools

QuickBooks

Microsoft Outlook

Excel

Word

Investran

Job description

IQ-EQ is a global investor services group delivering administration, compliance, governance, data and reporting for private markets. This role supports leading private equity and hedge fund clients under the direction of industry veterans.

You will handle financial reporting, journal entries, allocations, and investor notices, ensuring accuracy and timely delivery while upholding the highest client service standards in a collaborative, fast-paced environment.