SlipstreamJobs tracks this role from the company's public career site. Apply directly on the employer's site.
iCapital is a fintech platform powering the alternative investment marketplace, serving approximately $200 billion in global client assets across 1,634 funds. The company has been named to Forbes Fintech 50 for seven consecutive years and recognized as a Best Startup Employer.
The Hedge Fund Finance team is seeking an Associate or Assistant Vice President to take on hands-on operational responsibility for servicing hedge and private equity fund-of-funds and access fund vehicles in partnership with third-party administrators. This role manages all fund accounting and financial reporting to investors, including capital activity, partner capital statements, audited financials, and tax deliverables.
Key responsibilities include:
- Building and maintaining relationships with underlying fund managers, administrators, and distributors
- Designing and implementing processes for fund servicing, with focus on efficiency and scale
- Collaborating with Investor Relations, Product, Legal, Compliance, Technology, Sales, and Marketing teams
- Participating in new fund structuring, setup, and onboarding
- Reviewing feeder fund documents (LPA/PPM) and operational questionnaires from a fund finance perspective
- Overseeing fund administrators, auditors, tax providers, and custodians
- Monitoring cash positions, liquidity, reconciliations, and managing reserves
- Analyzing subscription/commitment sizes and feeder fund expenses
- Managing accounts payable and expense allocation processes
- Overseeing monthly/quarterly NAV and statement issuance; tracking KPIs
- Reviewing and signing off on capital calls, distributions, cash analysis, and investor allocation files
- Maintaining operating policies and procedures
- Liaising with custodians, banks, and counterparties
- Ensuring compliance with fund documents, SEC, and FINRA requirements
- Supporting ad-hoc organizational needs
The role is hybrid: 4 days in office, 1 day remote (Friday).
Qualifications:
- Bachelor's degree in accounting, finance, economics, statistics, or related business field
- 3–8 years of fund accounting, fund administration, or finance operations experience; alternative investment funds (fund-of-funds, feeder funds) preferred
- Passion for innovative technology application
- Advanced accounting skills and audit framework experience preferred
- Advanced Excel proficiency
- Ability to work effectively in close team structures
- Excellent organizational skills, attention to detail, and big-picture thinking
- Proven ability to multitask, work independently and collaboratively in fast-paced environments
- Strong verbal, written, and interpersonal communication
- Eagerness to learn and adapt in evolving business environments
