Fund Finance, Private Capital Feeder Funds - Assistant Vice President / Vice President
iCapital · Lisbon
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 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.
Qualifications
- 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).
Benefits
iCapital offers a comprehensive benefits package that includes a total compensation program consisting of competitive salary, annual performance bonus, and equity for all full-time employees; healthcare with 100% employer-paid health and dental insurance.
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