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 and 2020 Forbes FinTech 50, a list of the top 50 innovative financial technology companies that are transforming finance through technology.

About the Role

This position is a tax operational role for servicing hedge and private equity fund of fund and access fund vehicles (the “funds”) in conjunction with third-party administrators to ensure timely tax reporting and communication as well as maintain metrics that drive continuous improvement throughout the processes.

Responsibilities

• Maintain various internal and external calendars for different stakeholders such as investor relations, sales teams, and client relationship managers.
• Track delivery expectations from underlying managers and service providers.
• Monitor against service level expectations and escalate to managers to keep processes on time.
• Deliver data and source documentation to appropriate service providers.
• Provide support with investor demographics, including reviewing W9s, W8s, CRS forms for completeness.
• Monitor and triage inbound queries for resolution and create KPI’s for further evaluation to reduce inbound queries.
• Assist investors and advisors with inquiries relating to navigating a third-party website to make tax elections.
• Review, log and categorize various state and federal tax notices for the tax team and tax firms to respond to.
• Participate in reaching out to underlying fund managers for expected dates to receive tax estimate and K1s and coordinate delivery of underlying K1s to various tax firms.
• Compile various metrics and KPI needed for internal communication and analysis for improvements.
• Assist in the preparation of information for third party vendors preparing 1099s, 1042s, 8804s and other tax documents.
• Coordinate receiving, reviewing against contracts, and approving invoices for payment from various vendors related to tax process.
• Assist in the mailing and processing of tax returns.
• Help with ad-hoc and special projects as directed by the tax team.

Qualifications

• Bachelor’s degree in Accounting, Finance, or other business-related field
• 5+ years’ experience managing processes and ensuring coordination across groups to a common goal
• Experience in fund accounting, tax reporting, fund administration or fund operations, with a focus on alternative investment funds including fund-of-funds and feeder funds preferred
• Intermediate Excel skills
• Excellent organizational skills and attention to detail
• 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
• Willingness to learn new topics and work in an evolving business environment
• Organized, self-motivated, and detail-oriented with ability to see the big picture
• Passionate about being a part of our iCapital team and representing our company with integrity, dignity, and pride

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. 

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.

While we are currently working remotely due to COVID-19, this position will be based in our Princeton, NJ, New York, NY or Lisbon, Portugal offices.

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.