Fund Finance, Private Capital Feeder Funds - Assistant Vice President / Vice President

About the Role

iCapital is seeking an Assistant Vice President or Vice President to join its Fund Finance team, focusing on private capital feeder fund accounting and administration. This hands-on role will work closely with third-party administrators, fund sponsors, clients, and internal teams to ensure accurate and timely accounting, investor reporting, and operational deliverables.

 

Responsibilities

• Partner with third‑party administrators to ensure timely completion of monthly valuations, accurate general ledger entries, and investment valuations in accordance with fair value accounting principles.
• Review fund expenses and accruals against approved annual budgets, identify variances or outliers, and propose appropriate adjustments.
• Review investor allocations to ensure profits, losses, and fees are calculated in accordance with partnership operating agreements.
• Review and approve cash movements and reconcile data between iCapital systems and external service providers.
• Review and approve capital activity notifications and statements.
• Coordinate with internal and external stakeholders to investigate and resolve accounting or reporting discrepancies.
• Monitor compliance with governing fund