Private Equity Fund Administration Associate

IQ-EQ; California; Hybrid; USD 72,000 - 100,000; Full time

Benefits offered by this job

4 weeks PTO + sick time + holidays

401(k) with company match

Health benefits: medical/dental/vision

Parental leave

Hybrid work schedule

Job summary

IQ-EQ is a global investor services group providing administration, governance, data and reporting to investment managers and asset owners. The role focuses on financial reporting, allocations and compliance for Private Equity funds, requiring strong accounting skills and experience.

You will work with client leads across multiple funds, collaborate with the team and support functions, and prepare journal entries, fee calculations and investor notices.

Qualifications

• Bachelor’s degree in Accounting or Finance with minimum 3.0 GPA.
• At least 3 years of experience in Private Equity or related industry.
• Strong accounting knowledge and tools proficiency.

Responsibilities

• Support IQ-EQ client leads across multiple Private Equity funds.
• Collaborate with manager, team, and support functions to meet client expectations and timely deliverables.
• 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.
• Assist with audits, year-end processes, onboarding new team members, and process improvements.

Skills

Client service

Team collaboration

Attention to detail

Communication skills

Education

Bachelor’s degree in Accounting or Finance

GPA 3.0 or higher

Tools

QuickBooks

Microsoft Excel

Outlook

Word

Investran

Job description

IQ-EQ is a global investor services group providing administration, governance, data and reporting to investment managers and asset owners. The role focuses on financial reporting, allocations and compliance for Private Equity funds, requiring strong accounting skills and experience.

You will work with client leads across multiple funds, collaborate with the team and support functions, and prepare journal entries, fee calculations and investor notices.