Private Capital Fund Finance Analyst, iCapital
+ Bonus and equity
More information about location
4-5 days a week in office
Fintech platform for alternative investments
Job no longer available
Fintech platform for alternative investments
1001+ employees
Job no longer available
+ Bonus and equity
More information about location
4-5 days a week in office
1001+ employees
Company mission
To power the world’s alternative investment marketplace.
Role
Who you are
- Bachelor’s degree in Accounting, Finance or Economics
- Interest in learning fund accounting, fund administration, or finance operations for alternative investment funds including fund-of-funds and feeder funds
- Advanced Excel skills
- Willingness to work within a close team structure on all tasks
- Excellent organizational skills and attention to detail
- Able to multi-task, and work both independently and as a team player in a fast-paced, demanding environment
- Strong verbal, written, and interpersonal communication skills
- High level of integrity
- Passion for the application of innovative technology
- Eager to learn new topics and work in an evolving business environment
What the job involves
- ICapital is looking for the ideal candidate to join the Fund Finance team.
- This role will be part of our Accounting team which services a fast-growing sector of the business.
- This position will be responsible for servicing hedge and private equity fund of fund and access fund vehicles (the “funds”) in conjunction with third-party administrators.
- The ideal candidate will learn and work in a team that covers all fund accounting and financial reporting to investors, including capital activity, partner capital statements, annual audited financials, and tax deliverables
- Build and maintain relationships with clients, both distributors and underlying fund managers, fund administrators, and other service providers
- Work closely with other iCapital internal teams such as Fund Origination, Investor Relations, Legal, Regulatory and Compliance, Technology, Sales, and Marketing to support ongoing fund operations
- Provide review and control function for NAV packages, capital events, and management fee calculations provided by the fund administrator
- Monitor cash positions and liquidity of investments, review cash reconciliations, and manage cash reserves
- Run accounts payable and expense allocation processes
- Maintain investor and investment data in the iCapital platform using proprietary technology tools
- Define, update, and maintain operating policies and procedures
- Liaise with funds’ custodians and funds’ banks, as well as other counterparties as needed
- Fulfill ad-hoc requests
Our take
Alternative investing can yield huge profits, but it can often be inaccessible, even to enterprises. iCapital solves this problem by guiding large-scale businesses through the alternative investing process.
Since launching in 2013, iCapital has provided enterprises with an investing marketplace. Its focus has been on banking, wealth management, and asset management companies, and iCapital now serves clients such as JP Morgan, Evercore, and Rockefeller. As of February 2023, the company services over $153 billion in global client assets, clear evidence of industry confidence in the company.
iCapital's impact on the financial world is undeniable, forging strong and profitable partnerships with leading institutions like Morgan Stanley. With a proven track record and a rapidly growing platform, iCapital is poised for significant further expansion in the years to come.
Steph
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 8 rounds)
Dec 2021
$50m
LATE VC
Jul 2021
$440m
GROWTH EQUITY VC
Total funding: $680.6m
Company HQ
Murray Hill, New York, NY
Leadership
Lawrence Calcano
(CEO)Previously worked as Director of Capitol Acquisition Corp., and served as Director of Vibrant Emotional Health for 10 years.
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