Private Capital Fund Finance - Assistant Vice President Job at iCapital Network (Toronto)

Job Description

iCapital is looking for an Assistant Vice President to join the Fund Finance team. This role will work on and manage an accounting team that services a fast-growing sector of the business. This position will be responsible for overseeing the accounting and investor reporting for hedge fund of funds, private capital fund of funds, and mutual fund trusts (the “funds”) in conjunction with third-party administrators. This individual will manage all fund accounting and financial reporting to investors, including capital activity, partner capital statements, annual audited financials, and tax deliverables. Specifically, this individual will support the accounting lead for Canada based funds including having knowledge of regulatory and operational reporting nuances.

Job Responsibility

Serve iCapital’s clients in Canada as a team member of the accounting and operational experts
Build and maintain relationships with clients, both distributors and underlying fund managers, fund administrators, and other service providers
Work closely with the Fund Origination, Investor Relations, Legal and Compliance, Technology, Sales, and Marketing teams to support ongoing fund operations
Provide the 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 as required

Requirements

Bachelor’s degree in accounting is preferred
5+ years of fund accounting, fund administration, or finance operations experience (a focus on alternative investment funds including fund-of-funds and feeder funds is preferred)
Proficient accounting skills and experience within an audit framework are preferred
Experience with Fundserv is preferred
Advanced Excel skills
Demonstrated capacity and desire to work within a close team structure on all tasks
Excellent organizational skills and attention to detail with the ability to see the big picture
Proven ability 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
Passion for the application of innovative technology
Eager to learn new topics and work in an evolving business environment

What we offer

Work in the office Monday-Thursday, with the flexibility to work remotely on Friday
Competitive total compensation package consisting of salary, bonus, and equity for all full-time employees
The Company pays 100% of the premium for all Group Benefits for you and your dependents
Benefits include medical, dental, vision, prescription, life insurance and long-term disability
Variety of Retirement Plans so of which have a company match
Unlimited Paid Time Off (PTO)
Flexibility to work in the office three to four days and remotely for the remainder of the week

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Private Capital Fund Finance - Assistant Vice President

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