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

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.

• →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 documents and escalate issues as appropriate.
• →Serve as a primary Fund Finance contact for fund sponsors, responding to inquiries and communicating key deliverables, timelines, and dependencies.
• →Manage team deliverables and promote accountability, operational excellence, and continuous process improvement.

• Bachelor’s degree in Accounting, Finance, or a related field.
• At least five years of experience in fund accounting, fund operations, asset management, or a related financial-services role.
• Big Four accounting or audit experience is a plus.
• Experience with alternative investment fund administration and operations is strongly preferred.
• Solid understanding of capital activity, investor allocations, fee structures, and partnership accounting.
• Strong attention to detail, with the ability to maintain a broader strategic perspective.
• Highly organized and able to manage multiple priorities in a fast-paced environment.
• Demonstrated ability to monitor team performance, drive deliverables, and foster accountability.
• Willingness to learn and adapt within an evolving business and regulatory environment.
• Passion for using technology and automation to improve operational efficiency.
• Proven ability to work independently while collaborating effectively across functions.
• Strong verbal, written, and interpersonal communication skills.
• High level of integrity and professionalism.

We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office 4 days a week with the flexibility to work remotely 1 day ( Friday).