Who you are

• Bachelor’s degree in accounting, finance, economics, statistics, or another business-related field
• 8+ years of fund accounting, fund administration, or finance operations experience (prefer a focus on alternative investment funds including fund-of-funds and feeder funds, but not required)
• Advanced accounting skills and experience within an audit framework preferred
• Experience with FundServ required
• Advanced Microsoft Excel skills
• Demonstrated capacity and willingness to work within a close team structure on all tasks
• Excellent organizational skills and attention to detail with 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 the job involves

• ICapital is looking for the ideal candidate 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 servicing hedge and private equity fund of fund and access fund vehicles (the “funds”) in conjunction with third-party administrators
• The ideal candidate will also manage all fund accounting and financial reporting to investors, including capital activity, partner capital statements, annual audited financials, and tax deliverables
• This role will take the accounting lead for Canada based funds including having knowledge of regulatory and operational reporting nuances
• Serve as the Canada market accounting and operational expert in new fund structuring, setup, and onboarding
• Build and maintain relationships with underlying fund managers, fund administrators, and distributors
• Design and implement processes and procedures for servicing the funds. Partner closely with the management team to enhance and automate key processes, and develop and enhance product, management, and other reporting, targeting both efficiency and scale
• Work closely with Investor Relations, Product, Legal and Compliance, Technology, Sales, and Marketing teams to support fund operations
• Provide oversight of fund administrators and other service providers, such as auditors, tax service providers, and custodians
• Monitor cash positions and liquidity of investments, reconciliations, and manage cash reserves
• Run accounts payable and expense allocation processes
• Define, update, and maintain operating policies and procedures
• Liaise with funds’ custodian and funds’ bank, as well as other counterparties as needed
• Work with counsel and Chief Compliance Officer to ensure general compliance with fund docs as well as regulatory filings and requirements such as SEC and FINRA
• Fulfill ad-hoc tasks as required by the team and different parts of the organization