Outsourced CFO for Hedge Funds & Private Equity

IQ-EQ; Illinois; Hybrid; USD 70,000 - 90,000; Full time

Benefits offered by this job

PTO 4 weeks

Sick time

Paid holidays

401(k) with company match

Medical insurance

Dental insurance

Vision

Mental health support

Parental leave

Hybrid work schedule

Job summary

IQ-EQ is seeking a qualified professional to provide outsourced CFO services to hedge funds and private equity clients, managing financial operations, reporting, and collaboration with auditors and service providers.

You will deliver financial analysis, model creation, and process improvements while ensuring accurate accounting practices, investor reporting, and fund management oversight. The role offers a hybrid schedule and a salary range aligned to experience.

Qualifications

• Bachelor’s degree in Accounting; CPA preferred.
• 4+ years in the alternative investment management industry; public accounting a plus.
• Strong organizational, interpersonal, and communication skills.
• Detail-oriented, proactive, punctual, and personable.
• Proficiency in Microsoft Office; familiarity with QuickBooks, OpenAir, Bill.com, Expensify is a plus.

Responsibilities

• Liaise with auditors, administrators, HR/payroll, and other providers while delivering outsourced CFO services to Hedge Funds and Private Equity Funds.
• Collaborate with team members and clients, providing daily operational support and ad-hoc projects.
• Review NAVs, allocations, investor statements, reconciliations, expense schedules, management fee calculations, and incentive allocations to ensure accuracy.
• Prepare fund and management company financial statements, maintain accounting practices, research accounting principles, and advise clients on improvements.
• Coordinate client onboarding tasks such as opening brokerage and bank accounts, while arranging and participating in regular conference calls to support engagement.

Skills

Accounting

Analytical skills

Attention to detail

Communication skills

Multi-tasking

Self-starter

Education

Bachelor’s degree in Accounting

CPA designation preferred

Tools

QuickBooks

OpenAir

Bill.com

Expensify

Microsoft Office

Job description

IQ-EQ is seeking a qualified professional to provide outsourced CFO services to hedge funds and private equity clients, managing financial operations, reporting, and collaboration with auditors and service providers.

You will deliver financial analysis, model creation, and process improvements while ensuring accurate accounting practices, investor reporting, and fund management oversight. The role offers a hybrid schedule and a salary range aligned to experience.