About the Role
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.
Responsibilities
- 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.
Qualifications
- 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
Benefits
We believe the best ideas and innovation happen when we are together. Employees
in this role will work in the office Monday-Thursday, with the flexibility to
work remotely on Friday.
iCapital offers a comprehensive benefits package that includes a 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. Some of these benefits include medical,
dental, vision, prescription, life insurance and long-term disability. We offer
a variety of Retirement Plans so of which have a company match. We offer
unlimited Paid Time Off (PTO) and most employees the flexibility to work in the
office three to four days and remotely for the remainder of the week. Every
department has different needs, and some positions will be designated in-office
jobs, based on their function. For additional information on iCapital, please
visit https://www.icapitalnetwork.com/about-us
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Twitter: @icapitalnetwork | LinkedIn:
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Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/
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iCapital is proud to support a fair and inclusive workplace, in which all
applicants have an opportunity to fulfill their potential and every person has
the right to equal treatment with respect to employment without discrimination.
iCapital does not tolerate any discrimination contrary to the Ontario Human
Rights Code, including on the grounds of race, ancestry, place of origin,
colour, ethnic origin, citizenship, creed, sex, sexual orientation, gender
identity, gender expression, age, record of offences, marital status, family
status or disability.
