Manager - Private Equity and Hedge Fund Accounting (CFO Services)

Job Description

You'll prepare and review quarterly and annual financial statements for multiple private equity funds, including capital account maintenance, carried interest accounting, waterfall calculations, and reporting for fund, GP, and related entities.

You'll interpret and implement accounting requirements from Limited Partnership Agreements, perform portfolio company valuations, and produce investment performance reports, including IRRs and portfolio analytics.

You'll manage daily fund cash operations, including capital calls, distributions, wire processing, bank reconciliations, and line of credit compliance, while ensuring accurate financial records.

You'll collaborate with external auditors, tax advisors, Investor Relations, and internal stakeholders to support audits, tax reporting, fundraising due diligence, and other accounting and administrative activities.

You'll drive continuous improvement by leveraging technology and automation to enhance reporting processes, mentoring junior accounting team members, and ensuring compliance with SEC Registered Investment Adviser policies and annual testing requirements.

Qualifications

• You hold a bachelor’s degree in Accounting or Finance with a strong academic record and 4 plus years of partnership accounting experience, preferably within the private equity industry.
• You bring a CPA designation or experience in public accounting and/or fund administration, which is highly preferred.
• You possess advanced proficiency in Excel, PowerPoint, and QuickBooks, with the ability to quickly learn and navigate new database systems and financial technologies.
• You demonstrate exceptional analytical, problem-solving, and reading comprehension skills, with a strong focus on accuracy, attention to detail, and high-quality financial reporting.
• You have excellent interpersonal and communication skills, with the confidence and professionalism to collaborate with stakeholders and review the work of other accounting team members.

Benefits

• IQ-EQ offers a comprehensive benefits package designed to support employees' well-being and work-life balance.
• Employees receive generous paid time off, including 4 weeks of PTO that increases over time, sick time and paid holidays, and financial wellness is supported through a 401(k) plan with a company match (subject to eligibility).
• Health benefits include medical, dental, vision, mental health support and additional ancillary insurance plans.
• Additional benefits include paid parental leave and a hybrid work schedule, promoting both personal and professional fulfillment.
• The salary for this position will be dependent on experience and location ($90,000-$125,000).