Hedge Fund Finance - Vice President

iCapital; Greenwich (CT); Hybrid; USD 140,000 - 175,000; Full time

Benefits offered by this job

Equity

Annual bonus

Health insurance

Retirement plan

Paid time off

Job summary

iCapital is seeking a Vice President to join its Hedge Fund Finance team, focusing on Hedge Fund Accounting and Administration. You will work with management, vendors, and clients on accounting and reporting processes.

Responsibilities include leading private equity and feeder fund portfolios, coordinating fund launches, reviewing documents, NAVs, and capital statements, and driving automation with Technology and Product teams.

Qualifications

• Bachelor’s degree in accounting or finance.
• 10–15 years of fund management accounting and operations experience focused on alternatives.
• MBA/CPA/CFA/CAIA designation desirable.
• Strong communication skills and willingness to learn in a fast-paced environment.
• Detail-oriented with big-picture capability.

Responsibilities

• Lead and manage a portfolio of private equity and hedge fund feeder funds.
• Collaborate with Implementation teams on new business and fund launches.
• Review feeder fund documents (LPA/PPM) and fund questionnaires pre-launch; provide feedback to legal or origination teams.
• Review monthly/quarterly feeder fund NAVs and capital statements; track KPIs.
• Sign-off on capital calls and distributions; review investor files prepared by admins.

Skills

Fund accounting

Financial reporting

Communication skills

Team collaboration

Tech savvy

Education

Bachelor’s degree in accounting or finance

MBA / CPA / CFA / CAIA desirable

Job description

iCapital is looking for a Vice President to join its Hedge Fund Finance team to focus on Hedge Fund Accounting and Administration duties. This individual will work closely with other team members, vendors, senior management, and clients on a variety of accounting and reporting processes.

Responsibilities

• Lead and manage a portfolio of private equity and hedge fund feeder funds.
• Work with the Implementation teams with regards to new business and fund launches.
• Review feeder fund draft documents (LPA/PPM) as well as underlying fund operational questionnaires prior to fund launch. Provide feedback to internal legal or fund origination teams if there is anything that should be considered from a fund finance perspective.
• Review monthly and/or quarterly feeder fund NAV and partners’ capital account statement issuance by the team and track KPIs.
• Review and sign-off on capital call and distribution cash analysis, investor allocation files and notices prepared by third party admins and Associate or Assistant Vice President members of the Fund Finance team.
• Participate in management-level meetings internally and externally.
• Facilitate and work with the Technology and Product teams to drive process automation and efficiency.
• Monitor fund’s compliance with the partnership operating agreement terms.
• Oversee the funds’ progress on preparation of annual fund financial statements in accordance with US GAAP.
• Help prepare and oversee other periodic and ad hoc reporting in collaboration with compliance, legal and other internal and external stakeholders.

Qualifications

• Bachelor’s degree in accounting or finance
• 10-15 years of fund management accounting and operations experience with a focus on alternatives
• Advanced degree and credentials, or progress towards MBA, CPA, CFA, or CAIA designation is a plus
• Passion for the application of innovative technology
• 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
• Willingness to learn new topics and work in an evolving business environment
• Organized and detail oriented with big picture capability

The base salary range for this role is $140,000 to $175,000. iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).

We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.

iCapital is proud to be an Equal Employment Opportunity and Aff…

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