Senior Manager, Fund Administration

Job Description

Senior Manager – Private Equity Fund Accounting | IQ-EQ

The Tone:
This is a full-time role at IQ-EQ, located in a hybrid work environment in New York, USA. IQ-EQ is a company that provides comprehensive fund administration services, supporting fund operations, financial reporting, and investor communications for leading private equity clients. This role is crucial for overseeing client deliverables, reviewing complex financials, managing audits, training junior staff, and driving process improvements across multiple client engagements.

The TL;DR
• Role: Full Time
• Type: Hybrid
• Location: Hybrid – New York, USA
• Pay: $100000–$130000 yearly
• Team: Fund administration team
• Mission: Lead client relationships and ensure efficient fund operations, accurate financial reporting, and effective investor communications for private equity clients.

What You’ll Actually Do
• Client Leadership: Lead client relationships across multiple Private Equity funds, ensuring expectations are met and timelines are followed.
• Fund Operations: Apply understanding of limited partnership agreements to fund operations, reporting, and investor communications.
• Financial Reporting: Prepare and review key financial components like journal entries, capital calls, distributions, and performance metrics such as IRR.
• Process Management: Manage audits, tax requests, and financial statement reviews while continuously improving operational processes.
• Team Development: Prioritize tasks, respond to client requests, and train junior team members to support team development and efficiency.

The Must-Haves
• Background: Hold at least a Bachelor’s degree in Accounting or Finance, providing a solid foundation for financial and fund administration work.
• Experience: Bring over five years of progressive experience in private equity, public accounting, or a mix of both within alternative asset firms.
• Skills: Demonstrate strong analytical and technical skills in accounting, finance, and fund administration, consistently delivering exceptional client service and applying expertise to support complex fund operations and drive high-quality outcomes.