Manager - Middle Office Hedge Fund Operations

IQ-EQ; Town of Texas (WI); Hybrid; USD 80,000 - 110,000; Full time

Benefits offered by this job

Comprehensive benefits package

401(k) plan with company match

Generous paid time off

Paid parental leave

Hybrid work schedule

Job summary

IQ-EQ is seeking a finance professional in Wisconsin to manage trade and position reconciliations, while supporting hedge fund firms. In this role, you will oversee financial operations, mentor junior staff, and maintain strong client relationships.

The position requires a Bachelor's degree in a related field and at least 5 years of experience in financial services, with a salary range of $80,000 to $110,000 based on experience and location. Benefits include health coverage and generous PTO.

Qualifications

• 5+ years of experience in financial services with hedge fund expertise.
• Exceptional analytical, accounting, and communication skills.
• Strong research and writing capabilities.

Responsibilities

• Manage trade and position reconciliations for clients.
• Oversee financial operations including budgeting and cash management.
• Advise clients on accounting matters and support audits.

Skills

Strong analytical skills

Proficiency in Excel

Knowledge of financial instruments

Communication skills

Education

Bachelor’s degree in accounting, finance, economics, or a related field

Tools

Portfolio accounting systems (Enfusion or Geneva)

Job description

You will work closely with leading private equity and hedge fund firms in the alternative asset industry, supporting them under the guidance of seasoned industry professionals. This role involves managing trade and position reconciliations, resolving discrepancies, preparing performance estimates, and overseeing fund accounting processes. Additionally, you will provide client onboarding support, manage team members, and act as an escalation point for complex issues.

What you’ll do

• You’ll collaborate with the client lead to build and maintain strong relationships through direct communication with multiple clients.
• You’ll foster a collaborative team environment by mentoring junior staff and actively participating in training and development.
• You’ll oversee financial operations including budgeting, vendor payments, cash management, and maintaining accurate records.
• You’ll advise clients on accounting matters while managing fund administrator interactions and supporting audits, NAV reviews, and tax filings.
• You’ll continuously evaluate and improve internal processes to monitor engagement efficiency and contribute to strategic client growth initiatives.

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 of PTO 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 ($80,000 - $110,000).

Qualifications

• You hold a Bachelor’s degree in accounting, finance, economics, or a related field.
• You bring five plus years of experience in financial services, ideally with middle office exposure and hedge fund expertise.
• You have strong knowledge of financial instruments across domestic and global markets, including equities, fixed income, derivatives, and FX.
• You demonstrate exceptional analytical, accounting, and communication skills, with attention to detail and the ability to manage multiple priorities.
• You are proficient in advanced Excel and portfolio accounting systems such as Enfusion or Geneva, and possess strong research and writing capabilities.