iCapital Network is powering the world’s alternative investment marketplace. Our financial technology platform has transformed how advisors, wealth management firms, asset managers, and banks evaluate and recommend bespoke public and private market strategies for their high-net-worth clients. iCapital services approximately $70 billion in global client assets invested in close to 750 funds across more than 125,000 underlying accounts.

iCapital was named Solutions Provider of the Year at the 2020 MMI/Barron’s Industry Awards and selected to the 2018, 2019, 2020, and 2021 Forbes FinTech 50, a list of the top 50 innovative financial technology companies that are transforming finance through technology.

About the Role

iCapital is looking to hire a Vice President- Fund Finance with a focus on Private Equity. You will be responsible for servicing Private Equity funds in conjunction with third-party administrators. This position will report to the Senior Vice President, Fund Finance and will work closely with various teams across iCapital.

Responsibilities

• Manage a Private Equity Fund Finance team that provides oversight of the fund administrator, including quarterly financial statements, management fee calculations, investor allocations, and investor reporting for 200 feeder funds.
• Manage a team that monitors fund cash balances and reconciliations, adheres to cash reserves policy, and reviews wires and cash receipts for 200 bank accounts.
• Oversee calculation of capital calls and distributions, communications with the administrator, and review of all investor notifications.
• Handle the distribution partner and all data and reporting requests.
• Maintain processes and procedures for servicing private equity feeder funds.
• Partner closely with the product and technology teams to enhance and automate key operational processes within the iCapital technology platform.
• Participate in new fund structuring, set up, and onboard new funds with administrator.
• Oversee ad hoc reporting and data gathering for varied requests from the distribution partner.
• Oversee the delivery of quarterly and annual reporting to investors, their advisors, and distribution partners.
• Work with legal, compliance, and corporate finance to resolve problems, coordinate regulatory reporting, and coordinate internal reporting for private equity feeder funds.

Qualifications

• Bachelor’s degree in Accounting; CPA or other accounting designation is a plus
• 10+ years of Accounting and Operations experience, with a focus on Private Equity Fund Administration
• Feeder and multimanager fund experience are highly desired
• Experience managing a dynamic team
• Passion for the application of innovative technology
• Understanding of product management processes is a plus
• 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
• High level of integrity
• Willingness to learn new topics and work in an evolving business environment
• Organized and detail-oriented with big picture capability

Benefits

iCapital offers a comprehensive benefits package that includes a competitive total compensation program consisting of salary, equity for all full-time employees, annual performance bonus, and an employer matched retirement plan; generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling; and generous paid time off (PTO) featuring unlimited sick time and parental leave. 

While we are currently working remotely due to COVID-19, this position will be based in our (INSERT LOCATION) office. As we plan to re-enter our offices in 2021, iCapital will offer most employees the flexibility to work remotely one to two days a week.  Every department has different needs, and some positions will be designated in-office jobs, based on their function.

For additional information on iCapital Network, please visit https://www.icapitalnetwork.com/about-us  Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc

iCapital Network is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.