Manager - Private Equity Fund Accounting

IQ-EQ; Dallas (TX); On-site; USD 88,000 - 120,000; Full time

Benefits offered by this job

PTO 4 weeks

401(k) with company match

Health benefits

Hybrid work schedule

Job summary

IQ-EQ is seeking a Manager for Private Equity Fund Accounting to support multiple private equity fund clients with fund accounting, reporting, and investor communications. The role collaborates with auditors and tax teams, mentors junior staff, and ensures accurate, timely deliverables while maintaining high client service standards.

Based in a hybrid setting, the role requires 5+ years in relevant fields, a Bachelor's in Accounting, and strong technical accounting expertise.

Qualifications

• 5+ years of experience in private equity, public accounting, or related environments.
• Bachelor's degree in Accounting with strong technical accounting expertise.
• Proficiency in QuickBooks and Microsoft Office.

Responsibilities

• You’ll support multiple Private Equity fund clients, helping manage deliverables, client expectations, and timelines in accordance with partnership agreements.
• You’ll prepare and review fund accounting activities, including journal entries, investor allocations, capital account statements, management fees, capital calls, distributions, and waterfall models.
• You’ll oversee the delivery of investor communications, financial statements, and year-end requirements while coordinating with auditors and tax teams.
• You’ll respond to client requests, manage competing priorities, and identify opportunities to improve operational processes and efficiencies.
• You’ll mentor and develop junior team members while ensuring high-quality service and accurate reporting across client engagements.

Skills

Client service

Time management

Attention to detail

Communication

Mentoring

Education

Bachelor's degree in Accounting

Tools

QuickBooks

Microsoft Office

Job description

Manager - Private Equity Fund Accounting

• Full-time
• Department: Client Services
• Type of Hire: Permanent

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.

You will be working directly with leading private equity and hedge fund firms in the alternative asset industry under the guidance and direction from our experienced team of industry veterans. You will be facilitating our service offering by assisting, performing, and reviewing the following:
What you’ll do

• You’ll support multiple Private Equity fund clients, helping manage deliverables, client expectations, and timelines in accordance with partnership agreements.
• You’ll prepare and review fund accounting activities, including journal entries, investor allocations, capital account statements, management fees, capital calls, distributions, and waterfall models.
• You’ll oversee the delivery of investor communications, financial statements, and year-end requirements while coordinating with auditors and tax teams.
• You’ll respond to client requests, manage competing priorities, and identify opportunities to improve operational processes and efficiencies.
• You’ll mentor and develop junior team members while ensuring high-quality service and accurate reporting across client engagements.

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 ($88,000-$120,000).

• You bring 5+ years of experience in private equity, public accounting, or a combination of alternative asset investment and public accounting environments.
• You have a bachelor's degree in Accounting and strong technical expertise in accounting and fund administration for alternative investment funds.
• You provide exceptional client service while collaborating effectively with team members and contributing to a positive, feedback-driven environment.
• You excel at managing multiple priorities, producing high-quality work with accuracy, attention to detail, and professional communication.
• You are proficient in tools such as QuickBooks and Microsoft Office, and have experience or a strong interest in training and mentoring junior team members.

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.

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