Private Capital Fund Finance Associate Job at iCapital Network (Salt Lake City)

Private Capital Fund Finance Associate

iCapital Network

Location:
United States , Salt Lake City

Category:
Finance

Contract Type:
Not provided

Salary:

70000.00 - 85000.00 USD / Year

Save Job

Apply Position

Job Description:

iCapital is looking for an Associate to join its Fund Finance Private Capital team to focus on Private Capital Fund Accounting and Administration duties. This individual will work closely with other team members, vendors, senior management, and clients on a variety of accounting and reporting processes. This role will report to a Vice President, Fund Finance Private Equity.

Job Responsibility:

Work with iCapital’s implementation teams with regards to new business and fund launches
Review feeder fund draft documents (LPA/PPM) as well as underlying fund operational questionnaires prior to fund launch
Determine commitment sizes to underlying funds and conduct analysis on feeder fund expenses
Oversee quarterly feeder fund NAV and partners’ capital account statement issuance by the team and track KPIs
Review and sign-off on capital call and distribution cash analysis, investor allocation files and notices prepared by third party admins and Associate or AVP members of the Fund Finance team
Participate in management-level meetings internally and externally
Attend prospective clients’ on-site due diligence
Approve and release quarterly management fee payment wires
Facilitate and work with iCapital Technology and Product teams to drive process automation and efficiency
Monitor fund’s compliance with the partnership operating agreement terms
Oversee the funds’ progress on preparation of annual fund financial statements in accordance with US GAAP

Requirements:

Bachelor’s degree in accounting or finance
3 to 6 years of financial services or asset management accounting and operations experience
Passion for the application of innovative technology
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
Willingness to learn new topics and work in an evolving business environment
Organized and detail oriented with big picture capability

Nice to have:

Alternative investments fund administration and operations is a plus
Advanced degree and/or credentials, or progress towards MBA, CPA, CFA, or CAIA designation is a plus

What we offer:

Equity for all full-time employees
Annual performance bonus
Employer matched retirement plan
Generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling
Parental leave
Unlimited paid time off (PTO)

Additional Information:

Job Posted:
February 18, 2026

Employment Type:

Fulltime

Work Type:

Hybrid work

iCapital Network - All Job Offers

Job Link Share: