Senior Associate, Private Equity Fund Administration

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

Job summary

IQ-EQ is seeking a finance professional to support client leads across multiple Private Equity funds in the United States. You will collaborate with your manager and the wider team to meet client expectations and deadlines, applying LP agreement knowledge to reporting and allocations.

You will prepare journal entries, fee/interest calculations, investor notices, and waterfall models, while also assisting audits and year-end processes and mentoring new hires.

Qualifications

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

Responsibilities

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

Skills

Accounting knowledge

Client service

Communication

Team collaboration

Attention to detail

Time management

Education

Bachelor's degree in Accounting or Finance (3.0 GPA minimum)

Tools

QuickBooks

Microsoft Outlook

Excel

Word

Investran

Job description

IQ-EQ is seeking a finance professional to support client leads across multiple Private Equity funds in the United States. You will collaborate with your manager and the wider team to meet client expectations and deadlines, applying LP agreement knowledge to reporting and allocations.

You will prepare journal entries, fee/interest calculations, investor notices, and waterfall models, while also assisting audits and year-end processes and mentoring new hires.