This job is closed
We regret to inform you that the job you were interested in has been closed. Although this specific position is no longer available, we encourage you to continue exploring other opportunities on our job board.
Associate - Private Equity Fund Accounting
$68,000 - $72,000/Yr
IQ-EQ - Dallas, TX
posted 2 months ago
Full-time - Entry Level
Dallas, TX
Professional, Scientific, and Technical Services
About the position
The Associate - Private Equity Fund Accounting role at IQEQ involves working directly with private equity and hedge fund firms in the alternative asset industry. The position focuses on supporting client leads on multiple private equity funds, ensuring adherence to timelines and managing client expectations. The role requires a strong understanding of financial reporting, journal entries, and capital allocation, while also facilitating communication between clients and investors.
Responsibilities
- Support IQEQ client leads on multiple Private Equity funds within various industries.
- Work closely with manager, team, and support functions to manage client expectations and ensure adherence to timelines on client deliverables in accordance with the requirements defined by the limited partnership agreement.
- Maintain a working understanding of limited partnership agreements and apply terms to financial reporting and income and expense allocations.
- Prepare and/or review journal entries, management fee calculations, investor allocations, capital account statements, capital call and distribution calculations, sources/uses of cash, investor notices, carried interest calculations, and maintenance of waterfall models.
- Coordinate the delivery of capital call and distributions notices to clients and the investors.
- Prepare and/or review financial statements, notes disclosures, and supporting schedules.
- Manage year-end process and handle requests from external auditors and tax teams.
- Assess operational effectiveness and make suggestions for process development.
- Handle daily/routine client information requests and fulfill ad-hoc requests as needed.
- Manage and prioritize work tasks to meet competing deadlines.
Requirements
- Minimum of a bachelor's degree in Accounting with a 3.0 GPA.
- Demonstrated experience in providing exceptional customer service.
Nice-to-haves
- Experience in the alternative asset industry.
- Strong analytical and problem-solving skills.
- Ability to communicate professionally and effectively with both internal and external stakeholders.
Benefits
- Salary based on experience and location ($68,000-$72,000).
- Full benefits package offered.
