Senior Associate - Private Equity Fund Accounting (Fund Administration)

Iqeq; Woodbridge Township (NJ); Hybrid; USD 72,000 - 100,000; Full time

Benefits offered by this job

401(k) with company match

Health benefits

PTO 4 weeks

Hybrid work schedule

Sick time & holidays

Job summary

IQ-EQ is seeking a qualified professional to support client leads across Private Equity funds, ensuring timely delivery of financial reporting, allocations, and compliance. The role emphasizes collaboration with managers and support teams to meet client expectations.

The ideal candidate will hold a bachelor's degree in Accounting or Finance with a 3.0+ GPA, and bring 3+ years of Private Equity experience, with strong accounting knowledge and proficiency in QuickBooks, Excel, Outlook, Word, and

Qualifications

• Bachelor's degree in Accounting or Finance with GPA 3.0+.
• 3+ years of experience in Private Equity or a related industry.
• Strong accounting knowledge and software proficiency.

Responsibilities

• Support client leads across multiple Private Equity funds.
• Collaborate with manager and teams to meet client expectations and deliverables on time.
• Apply understanding of partnership agreements to financial reporting, allocations, and compliance.
• Prepare and review journal entries, fee and interest calculations, investor notices, and waterfall models.
• Manage audits, year-end processes, onboarding new team members, and suggest improvements for operational efficiency.

Skills

Client service

Team collaboration

Attention to detail

Education

Bachelor's degree in Accounting or Finance

Tools

QuickBooks

Excel

Word

Outlook

Investran

Job description

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 IQEQ client leads across multiple Private Equity funds in diverse industries.

You'll collaborate with your manager, team, and support functions to meet client expectations and deliverables on time.

You'll apply your understanding of limited partnership agreements to financial reporting, allocations, and compliance.

You'll prepare and review key financial tasks, including journal entries, fee and interest calculations, investor notices, and waterfall models.

You'll manage audits, year-end processes, assist with onboarding new team members, and suggest improvements for operational efficiency.

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 ($72,000 - $100,000).

You hold a bachelor's degree in Accounting or Finance with at least a 3.0 GPA and bring over 3 years of experience in Private Equity or a related industry.

You demonstrate strong accounting knowledge and advanced proficiency in QuickBooks, Microsoft Outlook, Excel, Word, and preferably Investran.

You excel at delivering exceptional client service while maintaining effective, professional communication in all interactions.

You collaborate well in team environments, provide and accept constructive feedback, and manage multiple priorities and deadlines with accuracy and attention to detail.

You are flexible to work overtime when needed and consistently produce high-quality work under pressure.

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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