Senior Associate - Private Equity and Hedge Fund Accounting (CFO Services)

IQ-EQ • Full-time • Chicago, IL, US • $80k - $100k / year • 2w ago

Company Description

IQ-EQ is a preeminent service provider to the alternative asset industry. IQ-EQ works with managers in multiple capacities ranging from hedge fund, private equity fund, and mutual fund launches; private equity fund administration; advisory firm set-up, regulatory registration and infrastructure design; ongoing regulatory compliance (SEC, CFTC, and 40 Act); financial controls and operational support services; compliance and operational related projects and reviews; and outsourced CFO/controller and administration services to private equity fund investments – portfolio companies, real estate assets and energy assets. Our client base is growing, and our existing clients are engaging the firm across the spectrum of our services offerings

Job Description

Liaise with the clients’ external auditors, administrator, HR/payroll, and other service providers
Work with clients to deliver outsourced CFO and related services to Hedge Funds and Private Equity Funds
Collaborate with team members & clients and provide daily operational support
Assist with creation of financial models, budget to actuals, provide ad-hoc financial analysis and participate in ad-hoc projects
Review NAVs, allocations, investor statements and reconciliations
Review and/or prepare expense & accrual schedules, management fee calculations and incentive allocations
Fund and management company financial statement preparation
Maintain accounting practices for assigned clients
Research accounting principles and advise team(s) and/or clients, as needed
Assist in evaluating current financial and accounting process for new clients, propose improvements and help coordinate implementation efforts
Assist in the opening of clients’ brokerage and bank accounts
Arrange, coordinate, and participate in weekly, monthly or as needed conference calls

Qualifications

Bachelor's Degree in Accounting, CPA preferred
4+ years of experience in alternative investment management industry (hedge fund, private equity, venture capital, real estate)
Public accounting experience a plus
Excellent organizational, interpersonal and communication skills
Attention to detail and ability to multi-task
Passionate about working in a dynamic, entrepreneurial environment
Hard-working, self-starter, dedicated, punctual and personable
Strong accounting and analytical skills
Ability to define problems, collect data, establish facts and draw valid conclusions to solve problems — quickly and competently
Well versed in Microsoft Office Suite; familiarity with QuickBooks, OpenAir, Bill.com, Expensify are a plus

Additional Information

Salary based on experience and location ($80,000-$100,000) and full benefits package offered.