Associate- Private Equity Fund Accounting Job at IQ-EQ, Dallas, TX

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  • IQ-EQ
  • Dallas, TX

Job Description

Company Description

IQEQ is a preeminent service provider to the alternative asset industry. IQEQ works with managers in multiple capacities ranging from hedge fund, private equity fund, and mutual fund launches; private equity fund administration; advisory firm set-up, regulatory registration and infrastructure design; ongoing regulatory compliance (SEC, CFTC, and 40 Act); financial controls and operational support services; compliance and operational related projects and reviews; and outsourced CFO/controller and administration services to private equity fund investments - portfolio companies, real estate assets and energy assets. Our client base is growing, and our existing clients are engaging the firm across the spectrum of our services offerings.

Job Description

You will be working directly with leading private equity and hedge fund firms in the alternative asset industry under the guidance and direction from our experienced team of industry veterans. You will be facilitating our service offering by assisting, performing, and reviewing the following:

Associate Role
  • Support IQEQ client leads on multiple Private Equity funds within various industries
  • Work closely with manager, team and support functions to manage client expectations and ensure adherence to timelines on client deliverables in accordance to the requirements defined by the limited partnership agreement
  • Maintain a working understanding of limited partnership agreements and apply terms to financial reporting and income and expense allocations.
  • Prepare and/or review journal entries, management fee calculations, investor allocations, capital account statements, capital call and distribution calculations, sources/uses of cash, investor notices, carried interest calculations and maintenance of waterfall models
  • Coordinate the delivery of capital call and distributions notices to clients and the investors
  • Prepare and/or review financial statements, notes disclosures, and supporting schedules
  • Manage year-end process and handle requests from external auditors and tax teams
  • Assess operational effectiveness and make suggestions for process development
  • Handle daily/routine client information requests and fulfill ad-hoc requests as needed
  • Manage and prioritize work tasks to meet competing deadlines

Qualifications

We are looking for someone who:
  • Values excellent service and strives to go above and beyond in their client and staff interactions
  • Exudes a spirit of entrepreneurship, seeking to solve problems and improve processes
  • Seeks to continually learn and expand their industry and technical knowledge
  • Communicates professionally and effectively with both internal and external stakeholders
  • Brings a positive attitude and excitement for the work they are doing

Ideal candidate would:
  • Have a minimum of a bachelor's degree in Accounting with a 3.0 GPA
  • Demonstrated experience in providing exceptional customer service

Additional Information
All your information will be kept confidential according to EEO guidelines.

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