Senior Associate - Private Equity Fund Accounting

About the role

You own the full lifecycle for select funds, moving intake to ship while guiding partners through meticulous build and review. Decisions balance precision and pace, defining daily ownership as you interpret requirements and translate them into accurate technical solutions. We seek clear context over vague buzz, shaping results alongside leadership with a focus on durable client relationships and operational discipline. You drive workflows from initial data capture through to final delivery, ensuring that every step meets the expectations of both internal and external stakeholders. This role demands meticulous attention to detail and the ability to manage multiple priorities in a fast-paced environment. You will be a key contributor to the integrity of financial reporting and the overall client experience. Your work directly influences how partners and clients perceive the reliability and professionalism of our services.

Key facts

What you'll do

Orchestrating intake workflows for diverse industries while managing manager expectations and ensuring alignment with project timelines.

Constructing journal entries, fee calculations, and waterfall models with structured oversight to maintain accuracy and compliance.

Reviewing allocations and compliance using partnership documentation for accurate application and to prevent discrepancies in financial reporting.

Shipping year end processes by coordinating audits and preparing investor notices efficiently to meet strict regulatory and client deadlines.

Supporting onboarding for new team members while suggesting operational improvements that enhance team productivity and service quality.

Partnering with service lines to align deliverables and satisfy client demands on schedule while maintaining a high standard of output.

Maintaining data in Excel, Outlook, and QuickBooks while verifying Investran entries to ensure data integrity and traceability.

Protecting client trust through consistent communication and professional interaction standards in all written and verbal exchanges.

Executing month end close activities with precision, including reconciliations and validation of financial data across multiple systems.

Processing subscription and distribution checks in accordance with fund terms and internal controls to ensure timely and accurate payments.

Coordinating with external auditors and internal stakeholders to resolve queries and provide necessary documentation for examinations.

Utilizing advanced Excel skills to build robust models and reports that support analysis and decision making for fund accounting functions.

Monitoring key performance indicators and process metrics to identify areas for improvement and drive operational excellence.

Communicating proactively with clients and internal teams to provide updates on project status and to manage changing priorities effectively.

Requirements

You hold a bachelor's degree in Accounting or Finance with a 3.0 GPA and bring over 3 years of experience in Private Equity or a related industry.

You demonstrate strong accounting knowledge and advanced proficiency in QuickBooks, Microsoft Outlook, Excel, Word, and preferably Investran.

You excel at delivering exceptional client service while maintaining effective, professional communication in all interactions with stakeholders.

You collaborate well in team environments, provide and accept constructive feedback, and manage multiple priorities and deadlines with accuracy and attention to detail.

You are flexible to work overtime when needed and consistently produce high-quality work under pressure to meet demanding client expectations.

You possess strong analytical skills and the ability to interpret complex financial data and translate it into clear, actionable insights.

You have a solid understanding of fund accounting principles, including capital calls, distributions, and carried interest calculations.

You are comfortable working within a matrixed organization and navigating ambiguity while maintaining a solutions-oriented mindset.

Nice to have

Experience with private equity secondary transactions and detailed knowledge of waterfall structures.

Familiarity with regulatory reporting requirements and compliance frameworks relevant to investment funds.

Understanding of ESG considerations and how they intersect with fund accounting and reporting processes.

Exposure to multiple fund administration platforms and best practices in global investment operations.

About the company

Iq Eq applies integrated compliance, administration, asset services, and advisory capabilities across funds and related entities. The team combines operational infrastructure with close client collaboration to manage requirements and support strategic decisions. Work focuses on fund governance, reporting, and regulatory obligations. The approach emphasizes durable client relationships and consistent delivery across complex structures and jurisdictions.